I found the below article interesting.
It suggests the global VAT reclaim market is worth around $75 billion, but around 54% of it goes unclaimed. That would mean around $40 billion sits in government coffers & not back in the hands of business. So, for anyone who thinks W2V has engineered a solution that isn't needed, think again.
The Hidden Potential of GST / VAT Reclaim - SAP Concur Australia
I posted the below article a few years back, so it's just a reminder for any newbies.
Businesses are losing 12% of revenue due to unclaimed VAT | Accountancy Daily
W2V operates in a market that could be worth around $75B globally, but perhaps, $40B goes unclaimed.
W2V MC is $8M.
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