Running a growing travel platform often means working with a wide range of systems. Bookings are managed through property management and reservation platforms, payments are processed through payment providers, and owner and property information may be stored in internal systems, databases, or even spreadsheets. Each system has its own role in keeping the business running smoothly, but none of them necessarily holds the complete picture.
This becomes particularly visible when it comes to DAC7 compliance. Since the regulation came into effect in 2023, digital platforms that facilitate the sale or rental of goods or services by third parties - including platforms facilitating short-term accommodation rentals such as Airbnb, Landal and Europarcs - are required to collect and report information about their users and the income they generate to the relevant tax authorities.
The information needed for this reporting is usually already available within the business. The challenge however is bringing it together, as booking information, payment data and details of rental owners and properties often sit in entirely different systems and files. Collecting, exporting, reconciling, and formatting all of this information manually can quickly become a significant operational burden, and the challenge only grows as the number of properties and transactions increases.
Supplied connects the dots
Supplied comes in as the final step between operations and compliance. It brings together all data from across a travel platform’s existing tech stack and turns it into a complete DAC7 reporting workflow. Rather than replacing the systems a business already relies on, Supplied connects the data they hold and automates the work required to turn it into a complete and compliant report.
For the travel sector, Supplied integrates with several of the platforms that power the industry. This includes Guesty, a property management platform supporting short-term rental businesses across revenue, guest communication, operations, and finance, with a direct integration available through the Guesty Marketplace. Supplied also directly integrates with Stripe through the Stripe App Marketplace, bringing payment and transaction data into the same workflow. Another example is Booking Experts, an all-in-one, cloud-based reservation platform for holiday parks, hotels, rental organizations, tour operators, and other leisure businesses.
These integrations are just a few examples. The Supplied platform can bring together data from 700+ internal and external sources, including spreadsheets, internal databases, and other tools and systems a business relies on. Whether the information sits in a sophisticated travel platform or a couple of Excel spreadsheets, it can become part of the same DAC7 workflow.
From data collection to DAC7 submission
By connecting these sources, Supplied creates a single, consistent dataset that can be used to prepare and submit DAC7 reports. Once the relevant information is connected, Supplied checks whether it is complete and accurate, automatically verifying and enriching the available data. If additional information is required, property owners can be notified and the missing details collected as part of the same process.
With the data complete and verified, users are able to generate a DAC7 report with a click of a button. The report can then be submitted to the relevant local tax authorities within the same workflow, with support for corrections and resubmissions where required.
The result is an end-to-end process that takes data from collection and verification all the way through to reporting and submission - without requiring teams to manually move information between different systems.
Why this matters for travel platforms
For travel platforms, the impact of automation can be significant. As the number of owners, properties, and transactions grows, manually collecting and reconciling information from different sources quickly becomes a recurring operational burden, as teams may need to export files, reconcile records, check owner information, identify missing data, and manually prepare the final submission.
Supplied automates much of this work by connecting the sources that already contain the relevant information. By reducing the manual effort involved, Supplied can save up to 90% of compliance working hours compared with manual processes, while reducing the risk of errors, missing information, and costly non-compliance. DAC7 reporting may just be the final step – but it’s an important one, nonetheless.
Take a look at how Supplied can help you stay DAC7-compliant or get in touch.
