Does Xoxoday have policies to prevent tax evasion?

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Xoxoday’s Approach to Tax Compliance

Xoxoday takes financial crime prevention seriously and has built a structured compliance program to prevent tax evasion and the facilitation of tax evasion by any employee, contractor, or third party acting on its behalf. This is not a reactive stance — the program has been in continuous operation for over a decade and is subject to independent external scrutiny. At the foundation of this framework are external tax audits conducted by KPMG. These audits have run every year since 2015, providing independent, expert-level oversight of Xoxoday’s financial activities against globally recognized standards. For enterprise buyers conducting vendor due diligence — particularly those with procurement policies aligned to ISO 27001 or SOC 2 Type II control frameworks — the continuity and credibility of this audit relationship is a meaningful signal of long-term compliance maturity.

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Internal Audits and Automated Monitoring

External audits are complemented by scheduled internal audit cycles. These reviews are designed to identify control gaps before they become systemic risks, and findings feed directly into documented remediation workflows with clear accountability. Xoxoday also deploys third-party monitoring tools to provide real-time detection of anomalous financial patterns. This automated layer runs alongside human review cycles, reducing the window in which fraudulent or non-compliant financial activity could go undetected. For organizations in regulated industries — financial services, healthcare, or publicly listed companies operating under strict supplier codes of conduct — this layered approach to financial oversight maps directly to the control requirements their procurement teams assess.

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Staff Training and Documentation Standards

Xoxoday requires continuous training for all staff on current tax compliance regulations. This is updated as regulatory environments change, ensuring that employees handling financial data remain current with their obligations across the jurisdictions in which Xoxoday operates — not just at onboarding, but on an ongoing basis. All financial activities are thoroughly documented. This documentation practice supports end-to-end auditability and provides a clear record trail for regulators, external auditors, and enterprise customers running RFP or vendor risk assessment processes. Whether a legal team is completing a third-party risk review or a finance team is assessing supplier compliance posture, Xoxoday’s documentation standards ensure responses are both accurate and traceable.

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What This Means for Enterprise Buyers

Partnering with Xoxoday means working with a vendor whose anti-tax-evasion controls are actively maintained, independently tested, and operationally embedded — not just documented in policy. The combination of KPMG audit oversight, internal review cycles, automated monitoring, trained staff, and comprehensive financial documentation creates a compliance posture appropriate for enterprise procurement requirements worldwide. Learn more: Xoxoday Help Centre — Financial Crime