Industry challenges
Volume of supporting documents
Hundreds of documents to verify for each client file.
Tax compliance
CRA rules change regularly, hard to keep up with federal and provincial requirements.
Tight deadlines
Tax season and filing periods with little margin for error.
Liability
Your liability is engaged on validated documents.
Documents processed
- —Supplier and customer invoices
- —Bank statements
- —Expense reports and receipts
- —Contracts and leases
- —T4 slips and payroll documents
- —T1/T2 tax returns and Notices of Assessment
- —Balance sheets and income statements
Automatic validations
- ✓Amount consistency between invoices and payments
- ✓Validity of GST/HST and provincial sales tax numbers
- ✓Compliance of mandatory invoice mentions
- ✓Match between documents and accounting entries
- ✓Verification of CRA filing deadlines and limitation periods
- ✓Detection of duplicates and inconsistencies
Measured results
85%
time saved
99%
compliance
+30%
files processed