GCO Global and VAT IT team up to create an integrated global VAT reclaim solution

Written by GCO

November 23, 2021

As the pioneering market leader, GCO Global advises clients on how to best structure their Strategic Meetings Management systems and processes to optimize VAT reclaim related to all congress, meetings and events- related spending. VAT IT is the world leader in VAT Recovery. What happens when we join forces? An integrated global solution that’s more efficient, much more cost effective and brings added value to clients. Find out why this unique partnership is creating real value in the global events space.

A landmark partnership in the global events space

GCO Global and VAT IT team up to create an integrated global VAT reclaim solution

As the global economy regains momentum post COVID, companies organize international congresses, meetings, and events to strategize, drive new business and connect with stakeholders, albeit on a different scale.

VAT IT and GCO Global is proud to announce that we have formed a partnership to help our clients achieve impeccable global events at a significantly lower cost.

Leading consultants GCO Global and VAT Recovery specialists VAT IT, have worked together for over a decade to create unprecedented value for our clients. The key to our success?  We have come to appreciate that, when it comes to structuring your Strategic Meetings Management (SMM) systems and processes when organizing world-class events globally, logistics and VAT are not unconnected elements but rather must be viewed in tandem. Optimally, they need to be managed as part of a fully integrated service.

As GCO Lead Consultant Ramon Grasmeijer explains, “as innovators and market leaders in our own niche, VAT IT and GCO Global have entered a strategic collaboration where forces are being combined to implement best-in-class processes to maximize VAT recovery within congress, meetings, and events spend globally.”

Strategic event planning

Maximizing VAT Recovery begins at the contractual stage and planning. Harnessing VAT IT’s strategic expertise, GCO Global can advise on the VAT recovery consequences of holding an event in any given country and direct clients on more optimal strategies and locations.

Efficiency is built into the partnership

When GCO’s consultants start support of the redesign of your SMM processes, you can be assured that your contracts and invoices will be issued as efficiently as possible, ready for recovery. And because VAT IT and GCO Global work together throughout the entire process, there are no delays in the VAT recovery process.

The upshot: the cash-flow benefit of an optimally efficient VAT recovery process. And, ultimately, significant savings on the total cost of your event.

A partnership of specialists

Melissa Brod, Vice President at VAT IT, says that the specialist knowledge and real-world experience of VAT IT and GCO Global work together to create real cost-saving opportunities for businesses.

“The partnership between VAT IT and GCO Global will bring best-in-class VAT recovery and meeting/event planning/consulting together to empower clients to maximize their VAT savings.  GCO’s knowledge of the VAT requirements allows clients to focus on the events while working with VAT IT to enable successful VAT recovery. Having worked directly with GCO Global for years on certain existing clients, I am excited about broadening the reach of GCO Global within our organization,” Melissa said.

The partnership promises to bring enduring efficiency for clients. As Ramon Grasmeijer says, “with VAT IT’s expertise around their fully automated process to manage the refund process, and GCO Global’s expertise to optimize contractual and service structures both within organizations and their supplier landscape, we look forward to strengthening our partnership with VAT IT and continue bringing value to our customers.”

VAT IT and GCO Global is proud to announce that we have formed a partnership to help our clients achieve impeccable global events at a significantly lower cost.

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