It is the compliance software that is the huge step forward....

  1. 14,252 Posts.
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    It is the compliance software that is the huge step forward. There is a huge tax frame work in the EU and some differences between the countries, the software processing tax forms, checking attached online receipts, accepting / rejecting and doing the payments and many more is very complex and if W2V can replace the humans then governments save millions or even billions as there are no mistakes made and the computer work 24/7. The software could have been already made, now the computers with their improved capacities (AI) are able to process the data in an appropriate time frame.

    Amos is not developing something like E-Tax that only processes numbers put in by the tax payer without any proof. Amos and his team are about to replace accountants and government employees. Maybe the webinar is about the pilot projects completed and the start of the roll out. That would bring the big bucks.

    GLTA
 
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