SPOT: The Revolutionary Tool That Alerts You to Incorrect Tax Rates in Real-Time

eClear, a leading VAT and customs compliance solutions provider, is proud to announce the release of its latest innovation - SPOT. SPOT is the first tool that uses real-time invoice data to identify incorrect tax rates, giving businesses the power to prevent costly errors and stay compliant.

SPOT is designed to streamline financial operations, reduce compliance risks, and increase accuracy. With its Automated VAT Audit and Reporting assistant (AVATAR), it can identify errors in tax rates as soon as they occur, providing businesses with timely alerts that help them take corrective action. By doing so, SPOT can help companies to avoid potential fines, penalties, and reputational damage.

According to eClear's CEO, Roman Koidl, "SPOT is a game-changer for businesses that struggle with tax compliance. With SPOT, businesses can rest assured that they are using the correct tax rates and can avoid the negative consequences of non-compliance."

SPOT's other features include:

• Full control of critical business KPIs
• Centralised sales and settlement reports
• Transparency on all tax and customs obligations
• Omnichannel monitoring of all marketplaces, POS, and payment providers
• A user-friendly interface that is ready-to-use

SPOT is now available for purchase on the eClear website at https://eclear.com/spot-performance/ with three-month trial period. Businesses can choose from various connectors to platforms and systems, e.g. Shopware, eBay or plentymarkets.

eClear AG
Französische Str. 56-60
10117 Berlin
comms@eclear.com

eClear AG is Europe's only payment service for tax clearing in cross-border e-commerce. With its full-service solution ClearVAT, the tax technology company takes over the complete processing of VAT obligations from cross-border B2C trade transactions. The cloud-based eClear solutions automate and significantly simplify all VAT, customs and payment processes in e-commerce. The company was founded in 2016 by Roman Maria Koidl. The supervisory board of eClear AG includes Peer Steinbrück, Thomas Ebeling and Dr Gerhard Cromme. In May 2021, eClear received the BaFin authorisation as an acquirer, which allows the company to operate as a payment service for cross-border e-commerce trade throughout the EU. eClear AG's processes are certified under Auditing Standard 880 of the Institute of German Certified Public Accountants. Further information can be found at https://eclear.com.

This release was published on openPR.