Partnership with KDS T&E Management Solutions

Tuesday, 10/07/2012 press release KDS travel & expense management solutions

KDS and GB Business Partnership Empowers
Organisations to Reclaim Millions in Non-Claimed VAT

Leading travel and expense (T&E) management solution provider KDS, has announced a partnership with tax reclaim specialist GB Business in order to save clients large amounts in unclaimed VAT. The partnership enables KDS to offer efficient tax recovery and outsourced back-office processing services such as expense auditing, payments, storage, scanning and helpdesk services to their current travel and expense management solutions.

“Companies are wasting millions every year in non-claimed VAT,” said KDS CEO Dean Forbes. “With GB Business, KDS has a concrete answer to international VAT reclaim and further enhances our ability to provide a service to our clients which is second to none in the marketplace. This partnership helps to complete the KDS story and represents another important milestone in our on-going commitment in providing cutting edge excellence in the travel and expense management arena.”

The partnership with Irish based business process specialists GB Business represents an important strategic expansion to the travel and expense management solutions already offered by KDS. The partnership signifies an extension to the current KDS travel and expense management portfolio, enabling KDS to now offer customers a powerful and complete end to end service, from travel booking, payment, expense entry and reconciliation right through to back office processing.

“GB Business naturally complements the current KDS travel and expense offering.” said GB Business Managing Director Brendan O’Neill. “Our partnership will deliver powerful VAT reclaim expertise and consultancy for KDS clients, guiding them through the complexity of process auditing and VAT recovery. With GB Business, KDS now offer an unparalleled VAT reclaim service to their clients.”

 

About KDS

KDS (www.kds.com) is a leading international provider of Travel & Expense (T&E) management systems for private and public sector organisations. The KDS unified Software-as-a-Service (SaaS)-based technology addresses the full range of T&E requirements, from travel policy definition and enforcement, and the online self-booking of travel, through to automated travel expense processing and invoice reconciliation. With each stage handled seamlessly by the KDS fully-integrated technology, clients achieve significant efficiencies and cost-savings. KDS offers the most extensive back-end connectivity to financial service and travel providers (airline, car, rail and hotel) in the industry, ensuring optimised pricing and up-to-the-minute inventory control.

About GB Business

GB Business (www.GBBusinessGlobal.com) is an outsourced financial service provider offering services in the field of VAT/ tax recovery, expense management processing & auditing as well as VAT and expense management consultancy services to assist clients through the complexity of a tax compliance environment. GB Business listens and responds to the needs of her clients, by developing and tailoring ground-breaking services in response to a constantly changing global economic environment.

Contacts KDS:
France: Stanislas Berteloot – sberteloot@kds.com eross@kds.com – +33 680 4040 56
UK: Ewan Ross – +44 1784 444 048

Contact GB Business:
Brendan O’Neill – brendan.oneill@gbbusinessvat.com

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