Kolleno Solutions
Kolleno Payments
Kolleno is delighted to announce a strategic partnership with VAT IT Compliance, a leading provider of international VAT compliance services. VAT IT Compliance enables business to grow across a multi-jurisdictional landscape, without having to worry about VAT.
Through this partnership, Kolleno and VAT IT Compliance aim to optimize financial operations for businesses on a global scale. VAT IT Compliance offers a comprehensive suite of services that cater to both managed VAT services and SaaS solutions for clients who prefer to handle their VAT filings in-house. Their proprietary software, Abacus, powers these solutions, providing clients with the tools they need to manage their VAT filings efficiently and accurately.
“We’re excited to partner with Kolleno, whose innovative approach to financial operations perfectly complements our commitment to VAT compliance excellence,” said Ryan Moore, Office to the Managing Director at VAT IT Compliance. “Their dedication to solving key financial challenges such as cash flow and collections, combined with their effectiveness, adds tremendous value for our clients.”
About VAT Compliance
With over 20 years of experience, VAT IT Compliance is a premier provider of specialist services including VAT registrations, e-invoicing, VAT compliance, filings, and consultancy. Boasting a remarkable client retention rate of 99.9% and a fines penalty rate of less than 0.1%. VAT IT Compliance is committed to delivering exceptional service and security.
“Partnering with VAT IT Compliance represents a significant step towards offering a comprehensive financial management solution. By combining our advanced accounts receivable automation with VAT IT Compliance’s expertise, we provide businesses with unparalleled support in managing their finances and ensuring compliance across multiple jurisdictions”, said Irina Anichshuk, COO & Head of Partnerships at Kolleno.
About Kolleno
Kolleno is the highest-rated accounts receivable software on the G2, loved by companies like 1Password, Dealer-FX, and Marshmallow. It is built for and by finance professionals to automate and optimize finance back-office processes with AI-powered features. Kolleno simplifies the management of client payments, related communications, and financial reporting by keeping everything in sync – data, systems, and people.
Together, Kolleno and VAT IT Compliance offer a mutual value proposition, empowering customers with comprehensive support for their accounts receivable processes and VAT compliance needs. This partnership aligns with our shared goal of helping businesses grow by optimizing their financial operations and ensuring compliance in an increasingly complex global market.
Ryan Moore, Office of the Managing Director at VAT IT Compliance, echoed this sentiment: “Partnering with Kolleno allows us to ensure 90% of outstandings are collected within 5 months. They have revolutionised our Accounts Receivable.”
