VATlyft turns non-compliant invoices — mostly from hotels and other T&E suppliers — into VAT-recoverable ones, by managing supplier reissuance for you, at scale.
VAT recovery providers process huge volumes of T&E invoices, especially from hotels. A meaningful share fail local compliance rules — and today, that VAT is simply written off.
Missing VAT numbers, wrong invoice format, incorrect biller details — providers can flag these issues, but chasing thousands of individual hotels for a corrected invoice isn't a workflow anyone has time to run.
Every reissuance request today is an email, a phone call, or a support ticket — repeated per invoice, per hotel, per market. It doesn't scale, so most providers simply don't attempt it.
VATlyft sits between VAT recovery providers and their suppliers, turning a manual, invoice-by-invoice chase into a managed, repeatable process.
Send us your non-compliant invoices. We group them by supplier, handle the outreach and follow-up, and return compliant, reclaimable invoices back into your system.
Suppliers can collaborate at their own pace — manually at first, or through our API once volume justifies automation — and earn a fee for every invoice they reissue through the platform.
The same pipeline works whether a supplier issues one invoice a year or thousands a month.
We receive non-compliant invoices flagged by the VAT recovery provider's own systems.
Invoices are consolidated per hotel or hotel chain, turning hundreds of one-off issues into one supplier conversation.
We reach out to the supplier on the provider's behalf and request corrected, compliant invoices.
Suppliers respond manually or, once integrated, automatically through our reissuance API — and get paid a fee for doing so.
The compliant invoice flows back to the VAT recovery provider, ready for the VAT to be reclaimed.
Hotel chains and independent properties issue enormous volumes of invoices with inconsistent formats across jurisdictions — making them the single biggest source of non-compliant invoices for VAT recovery providers.
Figures above are directional and will be replaced with sourced market sizing ahead of investor meetings.
VAT recovery providers pay based on VAT that becomes recoverable through reissued invoices — and on faster turnaround versus chasing suppliers themselves.
Hotels and hotel chains earn a fee for every invoice they reissue through the platform, making collaboration worthwhile even before API automation.
Funds will go toward the core reissuance platform, integrations with early VAT recovery providers, and onboarding the first hotel chains onto the API.
Figures above are placeholders — to be finalized with a term sheet.
We're looking for a small number of VAT recovery providers to shape this platform with us from the start.
ibrabec@vatlyft.com