Veras CheckOut 11.0 Achieves Philippine BIR Accreditation for POS

Metro Manila_Veras CheckOut BIR Certification

Veras CheckOut 11.0 Achieves Philippine BIR Accreditation for POS

Veras Retail automates heavy compliance requirements, adds omnichannel flexibility, and new strategies for retailers in the Philippines.

July 28, 2020 – PHOENIX – Veras Retail, a leading global provider of omnichannel technology and customer experience platform for enterprise retail, today announced its Philippine Bureau of Internal Revenue (BIR) accreditation for Veras CheckOut 11.0.

In accordance with BIR’s exacting standards, the modern point-of-sale solution removes cumbersome manual processes and eliminates human errors associated with sales tax, value-added tax (VAT), discount threshold, and complex exemption scenarios. Veras CheckOut’s new software enhancements also provide a foundation for addressing similar requirements in other countries.

“We are thrilled that Veras CheckOut was awarded BIR certification. With this accreditation, we look forward to expanding our existing customer base in the Philippines, one of the most robust retail sectors in Southeast Asia,” said Rohit Vir, CEO of Veras Retail.

Retailers doing business in the Philippines must regularly report on multiple transaction types to demonstrate compliance or face significant penalties if they are determined to violate BIR’s laws, rules, and regulations. Streamlining several government-discount types and promotional calculations, CheckOut’s BIR-certified software greatly reduces transaction time and eliminates customer frustration due to errors at the point-of-sale.

Veras CheckOut provides Philippine retailers a new level of transaction visibility and the ability to automatically report on store sales and sales by register, senior citizen transactions, and person with disability transactions with the click of a button.

In addition to BIR automation and compliance, Veras Retail’s technology-forward platform offers effective retail strategies, allowing retailers to better respond to new customer expectations and shopping behaviors through:

“From grocery to hypermarket and apparel to specialty retail, Veras CheckOut provides built-in compliance on a modern omnichannel platform to support rapid and cost-effective technology adoption, now and into the future.” added Vir.

About Veras Retail
Veras Retail builds innovative omnichannel solutions to connect with consumers at every point of decision. It starts at the store, providing fixed and mobile point-of-sale, retail CRM, omnichannel inventory, mobile selling tools, and seamless cross-channel execution. Headquartered in Phoenix, Ariz., Veras is focused on using technology to rapidly implement new solutions to foster positive, meaningful, and profitable omnichannel interactions between retailers and consumers. Veras powers more than 160,000 lanes in over 50 retailers around the world. Top clients include Office Depot, Kirkland’s, Floor and Decor, DKNY, Best & Less, and MEC. To learn more, visit and follow us on LinkedIn or Twitter.

Veras CheckOut can be a powerful business enabler. See how upgrading to a modern POS can simplify your retail operations while delivering the ultimate customer experience.

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