RAQUEST

RAQUEST is a software solution developed by RAQUEST GmbH to automate and streamline the process of managing withholding taxes for financial institutions. It caters to both large and small businesses in the financial sector, including depot banks, asset managers, and custodians. Professionals and industries such as financial institutions, depot banks, asset managers, and custodians can benefit from the features of RAQUEST.

Key Features

Automate Withholding Tax Processes: RAQUEST automates and streamlines the entire process of managing withholding taxes, resulting in improved efficiency and cost-effectiveness. The software eliminates manual handling of tax reclaims, reducing processing time from hours to minutes. It ensures compliance with tax regulations and keeps up-to-date with changing forms and procedures.

Convenient Tax Reclaim Service: RAQUEST provides a user-friendly service for tax reclaims, enabling customers to easily reclaim their withholding taxes. The software offers features such as pre-exemption and enables customers to potentially benefit from higher returns. It helps build customer loyalty in the financial sector.

Digitalize Your Processes: RAQUEST facilitates the digitalization of tax processing, ensuring financial institutions stay up-to-date with electronic submission standards. The software seamlessly integrates with external interfaces to tax authorities, ensuring compliance with mandatory electronic submission requirements. It eliminates the need for manual, paper-based processes, reducing errors and increasing efficiency.

Overcome Resource Limitations: RAQUEST helps financial institutions overcome resource limitations by outsourcing specialized knowledge and labor-intensive tasks to the software. The software can be complemented with managed services, providing additional personnel support when needed. It allows financial institutions to overcome resource constraints and focus on core business activities.

Maintain Market Position: RAQUEST enables financial institutions to remain competitive by offering expanded services, reducing process costs, and potentially generating independent revenues. The software helps institutions differentiate themselves in the market and stay ahead of competitors. It assists institutions in meeting cost pressures and maintaining their market position.

Optimize Tax Reclamation: RAQUEST allows for the reclamation of withholding taxes from multiple years, maximizing returns even for smaller volumes. It facilitates the consolidation and combined processing of multiple years' worth of withholding taxes in various investment countries. The software helps financial institutions optimize their tax reclamation processes and make the most out of smaller volumes.

Enhance Productivity: RAQUEST serves as a productivity lever for tax processing, significantly reducing the time required for manual tax reclaims. The software automates and streamlines tax processes, enabling institutions to handle larger volumes with greater efficiency. It increases productivity by eliminating manual tasks and reducing processing time.