VAT Filing Automation for UAE Businesses

Automate your VAT Calculation, VAT Reconciliation and VAT Submission with Robotic Process Automation (RPA) in UAE with Skcript.

Value Added Tax (VAT) was introduced in the UAE on 1 January 2018 by the UAE Government. This new tax tremendously helps the country grow, and it is one of the best thing that has happened to UAE. But for businesses, filing this can consume a lot of repetitive task. This can be automated with Robotic Process Automation (RPA).

In this article, let us help you with some use cases for taking advantage of Robotic Process Automation (RPA) in handling VAT reconciliation and VAT submission for medium and large organizations.

What is Robotic Process Automation (RPA)

Robotic Process Automation (RPA) is a software-based automation system that can perform repetitive tasks that humans perform everyday. The software works with multiple applications to perform tasks faster, better and in a more efficient way.

To sum things up, here’s what a RPA software can do for you:

How can RPA help in VAT reconciliation and VAT submission?

RPA has the potential to create a huge impact in filing, reconciling VAT transactions for a company. Here are some of the processes we can automate using Robotic Process Automation:

RPA based VAT reconciliation and VAT submission is picking up in the industry with tools like UiPath, Automation Anywhere and BluePrism. Where Skcript helps you is to build a complete end-to-end roadmap of this entire RPA implementation with detailed process workflows that will help your business run faster.

Why deploy robots when there are humans?

There are a lot of reasons why companies prefer bots to do the repetitive tasks than humans. For one, humans are species with intellect, which allows us to think through complex situations and act upon it. Robots does not carry emotions and are extremely faster and good at performing pre-defined set of tasks.

Here are a few more reasons why companies use RPA to help humans perform better:

What is the Return on Investment / Business Value for RPA implementation

RPA is a proven technology. Just like how computers replaced calculators for better business efficiency, RPA is being used to build businesses that are faster and better than their competitors.

Here are some quick potential business value or Robotic Process Automation in Journal Entry segment:

Skcript bots that are ready-made to process VAT information from various sources, including invoice processing and image processing for documents processing. We have helped banks and other large institutions take advantage of Robotic Process Automation (RPA). Skcript creates customized bots for your business in under 100 days.

How can Skcript help you with RPA

Introducing RPA processes into your business could be a huge challenge. Working with an experienced company is essential to make sure the transition is smooth.

Skcript’s RPA Advisory Services can support you with the challenges, make the transition easy and deliver quality the Skcript way for your organization.

Our experienced RPA engineers and business professionals bring in a unique mix of expertise and an incredible depth of knowledge in RPA to help you implement a RPA process in your business.

Our job is not to make sure we implement RPA in your business, but also to make sure your people are ready before we go live in your organization.

What is the next step?

Our RPA analysts can help you run RPA workshops in your company to see how best we can implement RPA in your company; Reach out to us at [email protected] or fill out the form for us to contact us;