What is Intelligent Compliance? And why is it so important in today's complex tax compliance and business-to-government reporting environment? Learn how Sovos keeps its clients one step ahead to reduce audit risk and exposure.
The Sovos Intelligent Compliance Cloud includes global tax determination (Sovos Global Tax Determination), exemption certificate management (Sovos CertManager), sales and use tax filing (Sovos Sales and Use Tax Filing), invoice reconciliation (Sovos Use Tax Manager), VAT reporting (Sovos VAT Reporting), electronic invoicing (Sovos eInvoicing) along with tax information reporting for 10-series forms (Sovos 1099), and ACA (Sovos ACA).
The S1 platform was built to support Sovos Intelligent Compliance Cloud, the world’s first complete solution for modern tax that combines more traditional tax determination and reporting tools for sales and use tax, VAT and other transactional taxes with modern e-accounting and e-invoicing software, which is quickly becoming a global standard. Sovos has since acquired three market leaders on three continents, the latest of which was Stockholm-based TrustWeaver, expanding coverage for modern, transaction-level tax enforcement to more than 60 countries.