Accely’s recent customer engagement resulted in collaboration with the second-largest producer of hi-chrome castings. The ISO 9001 Certified company is focused on designing, developing, and manufacturing hi-chrome castings. Furthermore, the client provides sales and services in over seventy-five countries throughout the world.
As the client was one of the major players in Hi-Chrome castings production, it was difficult for them to keep up with the requirements of VAT compliance. Further, the scale of operations within the business made it almost impossible for the company to ensure effective compliance with VAT regulations. Therefore, the manufacturer collaborated with Accely to leverage our expertise in accelerated VAT and transform the tax management methodology.
However, now things have changed with Accely’s ingenuity and experience, the company enjoys seamless compliance with all the VAT regulations. The producer now leverages staunch management of VAT with enhanced transparency in the taxation of the business. The client has already begun to see tangible benefits as employees can now spend less time ensuring VAT compliance and more time on other essential tasks.