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Text Content

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Additional Markets and Solutions

 * SolutionsExpand sub-menu
   * Value Added TaxExpand sub-menu
     * ProductsExpand sub-menu
       * Continuous Transaction Controls (CTCs)
       * VAT Reporting
       * VAT Determination
       * IPT Determination
       * Sovos SAF-T
     * ServicesExpand sub-menu
       * Managed Services for VAT
       * Managed Services for IPT
       * VAT Compliance for E-Commerce
     * Regional Tax RulesExpand sub-menu
       * Europe
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   * Sales and Use TaxExpand sub-menu
     * ProductsExpand sub-menu
       * Sovos Filing
       * Sovos CertManager
       * Sovos Use Tax Manager
       * Sovos Global Tax Determination
       * Sovos Taxify
     * ServicesExpand sub-menu
       * Sales Tax Filing Managed Services
       * SST Model 1
   * Shipping and Distribution ComplianceExpand sub-menu
     * ProductsExpand sub-menu
       * Shipping Compliance and Management
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       * Carrier Compliance
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     * ServicesExpand sub-menu
       * Consultants
   * Tax and Regulatory ReportingExpand sub-menu
     * ProductsExpand sub-menu
       * Tax Information Reporting
       * Unclaimed Property Reporting
       * Statutory Reporting
       * Sovos Education
     * ServicesExpand sub-menu
       * 1099 Managed Services
       * Unclaimed Property Consulting
       * Unclaimed Property Reporting Managed Services
 * IndustriesExpand sub-menu
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 * ResourcesExpand sub-menu
   * Events
   * Knowledge CenterExpand sub-menu
     * Blog
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       * VAT in the Digital Age (ViDA)
       * EU VAT e-Commerce Package
       * Insurance Premium Tax
     * Regulatory Analysis
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 * About UsExpand sub-menu
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THE ONLY GLOBAL SOLUTION FOR CONTINUOUS TRANSACTION CONTROL COMPLIANCE

Value-added tax (VAT) is the most significant indirect tax for nearly every
country on earth, but massive amounts go uncollected every year. In Europe, the
annual VAT gap is similar to the GDP of Norway.

manage complex regulations


ENSURING E-INVOICING COMPLIANCE IN MORE THAN 60 COUNTRIES

To help communities thrive, governments around the world are embracing
e-invoicing controls designed to close the VAT gap, but every country writes its
regulations differently. Because there are no global rules for enforcement,
compliance is notoriously complex — especially for multinational companies.

The other digital transformation


THERE IS A RIGHT WAY AND A WRONG WAY TO GET REAL-TIME TAX COMPLIANCE DONE.

The move toward continuous and real-time tax compliance pushes businesses toward
a digital transformation you might not have anticipated but to which you must
quickly adapt.




FRAGMENTED ENTERPRISE SYSTEMS, TECHNOLOGIES AND PROCESSES MAKE IT HARD TO
PROSPER IN A WORLD OF MODERN TAX.

Keep your business running smoothly, all over the world, with the only scalable,
end-to-end solution capable of ensuring compliance in more than 60 countries.


LOCAL KNOWLEDGE, GLOBAL REACH


COVERING 60+ COUNTRIES

Stay ahead of the requirements and laws coming next in each country with
clearance and post-audit expertise, and global coverage.


NIMBLE RESPONSE FOR A DYNAMIC LANDSCAPE

With a hybrid cloud model and customization to seamlessly deliver regulatory
updates, you'll have minimal need for IT involvement.


EMBEDDED IN THE BUSINESS PROCESS PLATFORMS YOU USE TODAY

More than 60 business process platform vendors offer Sovos e-invoicing
compliance solutions.


PUT CONTINUOUS TRANSACTION CONTROL COMPLIANCE IN YOUR DIGITAL FINANCIAL CORE.




EINVOICE

The world’s first complete solution for e-invoicing compliance, including
clearance, continuous control and post-audit models on five continents
Learn More


EARCHIVE

Universal, compliant e-invoice archiving for more than 60 countries, including
compliance maps, preservation sets, timestamps, and signing and validation
services
Learn More


ERECEIPTS

A global solution for high-volume, clearance-model e-invoicing mandates for
businesses selling directly to consumers
Learn More



BENEFITS OF THE SOVOS S1 PLATFORM


LOWER COSTS

Reduce the IT costs of compliance support by up to 84 percent, and lower your
transactional unit costs.


SIMPLIFIED OPERATIONS

With a single platform for managing accounts receivable, accounts payable,
e-archiving and VAT reporting, boost employee productivity by 25 percent.


DECREASED RISK OF PENALTIES & REPUTATIONAL DAMAGE

Automate processes and verifications for clearance and post-audit countries, and
link to all related documents, from purchase order to invoice to tax reporting.


CUSTOMERS




“Our biggest challenge was that Philips had a global IT architecture and
strategy based on our ERP platform… the international team not only approved the
adoption of the [Sovos] system; the solution became part of the overall
architecture strategy.”

Alexander Quinze

CIO & Head of Operational Excellence at Royal Philips

Schedule a demo Read the Case Study


 * Solutions
   * Value Added Tax
   * Sales and Use Tax
   * Shipping and Distribution Compliance
   * Tax and Regulatory Reporting
 * Technology
   * Overview
   * Integrations & API
   * Infrastructure & Security
   * Architecture
 * Resources
   * Blog
   * Knowledge Center
   * Regulatory Analysis
   * Events
   * Webinars
   * Support / Client Portal
 * About Us
   * Leadership
   * Contact Us
   * Partners
   * Press Room
   * Careers

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