A new digital solution that helps business travellers manage tax and immigration compliance risks has been developed in partnership by travel, expense and invoice management solutions provider Concur and EY, via the Concur App Centre. The collaboration is an extension of the existing strategic alliance between EY, a global leader in assurance, tax, transaction and advisory services and Concur’s parent, SAP.
- EY and Concur collaboration provides real-time immigration and tax assessments to business travellers.
- Data integration will deliver organisations increased visibility into potential risks before they occur.
- Collaboration is an extension of the existing strategic alliance between EY and SAP.
Driven by demand by EY and Concur clients, the new end-to-end business travel solution provides real-time immigration and tax assessments to business travellers. The integrated offering will capture relevant travel and business activity data within Concur. Using EY tax and immigration technology, the integration analyses the data to make a real-time assessment of a business traveller’s tax and immigration obligations before they travel.
By linking directly to real-time data within the Concur Travel and Expense platform, EY clients will be able to receive robust, real-time analytics into their domestic and international cross-border tax obligations. This integration will give organisations increased visibility into potential risks before they occur, with no additional effort required from travellers, say the partners.
“Workforce mobility is an important driver of competitive advantage, as well as an operational necessity, says Michael Bertolino, global people advisory services leader, EY. “The new offering helps us ensure that tax and immigration issues don’t impede employees from doing business when they are on the move.”
The integrated solution will be delivered globally through the Concur App Center for clients of both Concur and EY. The App Center is now home to more than 160 pre-built integrations with Concur’s ‘Travel’, ‘Expense’ and ‘Invoice’ products, as well as connections to popular external apps, it delivers increasing functionality in key categories such as finance, regulatory compliance, enterprise identity, traveller productivity and travel management.
There is currently little detail on how exactly the app will function, but it is a clear example of where automation and analytics can deliver user benefits. Tax and immigration issues can be very complex and if this helps business travellers better manage their lives while travelling domestically (tax regimes can differ internally within countries such as the United States of America) and general international border risks.