Skip to content
Get started

Streamlining Withholding Tax (WHT) Processing for Corporate Card Expenses

Asia School of Business · Posted 1 year ago

EducationPredictive Analytics / ForecastingConversational AI / Chatbots
Budget
To be determined
Timeline
Not specified
Closed on
27 Sept 2025, 23:59 ICT

Problem statement

The current process of managing WHT for corporate card expenses is highly manual and inefficient. With around 100 small-value transactions monthly, the team faces significant workload in document compilation, WHT computation, invoice creation, and payment processing. This leads to delays, high resource use, and risk of errors.

Expected outcomes and success metrics

Automated document extraction and verification Bulk or auto-calculated WHT for recurring small-value transactions Auto-generation of invoices and system entries Streamlined approval workflow for batch payments 50–70% reduction in processing time and manual effort

Current process

Manual handling: transactions processed individually, invoices keyed in one by one, WHT computed manually, payments submitted for approval case-by-case.

Current solution

Manual handling: transactions processed individually, invoices keyed in one by one, WHT computed manually, payments submitted for approval case-by-case.

Target users and impacted teams

Finance team (accounts payable, tax compliance) Employees using corporate cards Internal approvers for payments

Data availability and readiness

Historical transaction data available in finance system Supporting documents (receipts, invoices) available digitally (PDF/scanned) Basic WHT computation rules already in use

Integration, deployment and infrastructure

Integration with existing finance/ERP systems (Oracle) Cloud-based AI service with API compatibility Secure handling of financial and tax data (compliance ready)

Relevant AI technologies

Predictive Analytics / ForecastingConversational AI / Chatbots