Blue dot Reviews

What is Blue dot?

Blue dot’s tax compliance platform is designed to address the challenges of modern employee spend, offering solutions for the ever-changing landscape of global business. The platform provides comprehensive coverage in both the VAT and taxable employee benefit spaces, positioning itself as a key player in adapting to the new working norm post-COVID.

The rise of modern employee spend, characterized by hybrid work, decentralized purchasing, and online consumption, has led to an increase in employee-triggered transactions. This shift has left finance teams grappling with the implications of these unstructured transactions, which often include incomplete data and missing procurement checks. Blue dot highlights that 23% of expense report items are incorrect for tax purposes, primarily due to the lack of financial expertise among employees reporting these expenses.

Finance and tax teams face the daunting task of completing and validating missing information, understanding each transaction, and applying country-specific tax rules while documenting the audit trail for authorities. This results in endless hours of complex manual labor, reliance on messy Excel sheets, and increased error rates.

Blue dot’s AI tax compliance platform aims to mitigate these challenges by providing smart automation that empowers finance teams with peace of mind and audit readiness. The platform is fully integrated into your expense management platform, ensuring optimized VAT outcomes in full compliance and full automation of the Taxable Employee Benefits review process.