Way2VAT (ASX: W2V) Secures Major Three-Year Deal with Jones Lang LaSalle, Boosting ASX300 Tech Solutions

2 min read | May 26, 2025 01:58 AM EDT | By Team Kalkine Media

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Way2VAT (ASX: W2V) Secures Major Three-Year Deal with Jones Lang LaSalle, Boosting ASX300 Tech Solutions — Image source: Shutterstock

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Highlights

Way2VAT signs three-year contract with global real estate leader.

Access to innovative APAI compliance platform across 40 countries.

Contract revenue tied to transaction volumes, indicating growth potential.

Way2VAT (ASX:W2V), a leading digital tax reclaim platform, has entered a significant three-year agreement with global real estate firm Jones Lang LaSalle, granting them access to its cutting-edge APAI compliance platform. This deal marks a milestone for Way2VAT in expanding its footprint within enterprise-level clients worldwide.

The contract enables Jones Lang LaSalle to utilize Way2VAT’s end-to-end digital solutions for reclaiming VAT (value-added tax) on accounts payable (AP) and travel and entertainment (T&E) expenses. The innovative APAI platform features a unique ‘document-first’ technology that validates VAT and GST invoices submitted to tax authorities, covering documents up to four years old. This service spans 40 countries and supports 20 different languages, positioning it as one of the most comprehensive compliance solutions available.

With Jones Lang LaSalle’s expansive global presence—over 300 offices across more than 80 countries and annual revenues exceeding US$20 billion—the partnership underscores Way2VAT’s growing influence on the international stage. The collaboration leverages Way2VAT’s advanced platform to improve efficiency and accuracy in VAT recovery, reducing risks related to non-compliance and helping streamline financial operations.

The APAI platform's capability to identify reclaimable, at-risk, or non-compliant invoices before they are processed in enterprise resource planning systems reflects a strategic advancement in tax technology. This differentiates Way2VAT from competitors and aligns well with the evolving compliance requirements of multinational corporations.

Revenue from this contract will be based on transaction volumes processed through the platform and standard commission charges for AP invoice audits. Given this volume-based revenue model, exact initial financial estimates remain uncertain, though expectations are high for this contract to become a substantial revenue contributor.

For investors keeping an eye on promising ASX dividend stocks, Way2VAT’s expansion signals a robust growth opportunity in the tech sector, particularly within the compliance and financial services niche. Companies featured in the S&P ASX300 often include such innovative firms driving technological advancements, making this development relevant for those following the ASX300 index.

This strategic partnership not only showcases the scalability of Way2VAT’s solutions but also highlights the growing importance of digital platforms in managing complex international tax compliance for global enterprises.

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