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Posted 2018-07-24 by Sovos
Sovos CTO: Modern Tax Demands Modern Software. We’ve Built S1 For the Digital Future of Tax.

  Sovos Chief Technology Officer John Landy comments on the new S1 platform.  Businesses now need a new approach to handling taxes. With the new S1 architecture, that’s exactly what we’ve built. Tax has changed. What used to be merely a burdensome obligation is now becoming a risky and technical part of every major business […]

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Posted 2018-07-16 by Sovos
Sovos Announces Resource to Track Direct-to-Consumer Wine Shipping Rules

Sovos is excited to announce the launch of our new ShipCompliant Direct-to-Consumer (DtC) Wine Shipping Rules resource center. Wineries can use this tool to track the compliance obligations they have in any state where they currently sell their products. They can also review the requirements in any new state they hope to enter. The […]

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Posted 2018-06-28 by Sovos
Tax Automation in a Post Quill World

On Thursday, June 21, 2018, with the decision of the Supreme Court in South Dakota v. Wayfair, the sales tax compliance landscape underwent a dramatic shift. If you haven’t already, the time is now to consider whether you are doing what you need to do to keep your company safe. The Immediate Aftermath of South […]

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Posted 2018-06-22 by Sovos
Sales Tax Moves into the Modern Age…Are You Ready?

With these words, the world of sales tax as we knew it was turned upside down: Held: Because the physical presence rule of Quill is unsound and incorrect, Quill Corp. v. North Dakota, 504 U. S. 298, and National Bellas Hess, Inc. v. Department of Revenue of Ill., 386 U. S. 753, are overruled. Much […]

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Posted 2018-06-21 by Sovos
Sovos Bolsters Cloud Technology Leadership with Chief Security Officer, Chief Product Officer and Head of Customer Success

On the heels of revealing our S1 cloud platform to drive the modernization of tax software in the face of mounting digital disruption from businesses, financial systems providers and governments, as well as announcing support and an early adopter program for SAP S/4HANA cloud, we’re excited to also announce the following key appointments to our leadership […]

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Posted 2018-06-21 by Sovos
Leading Sales Tax Expert, Charles Maniace, Comments on South Dakota v. Wayfair Supreme Court Decision

On what was easily the most anticipated day in sales tax history, the Supreme Court did what many experts thought they would, ruling five to four in favor of South Dakota’s right to require businesses to collect sales tax on e-commerce sales, even if they don’t have people or property in the state. In so […]

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Posted 2018-06-05 by Sovos
Sovos Opens SAP S/4HANA Cloud Early Adopter Program, Announces Support for S/4HANA

Sovos Builds on 20 Years of Support of SAP R/3 & ECC with a Plan to Modernize Tax Compliance in S/4HANA Sovos, a leading global provider of tax software, announced today that it is accepting early adopter applications for global tax determination on SAP® S/4HANA Cloud platform. The company also revealed that it is prepared […]

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Posted 2018-06-04 by Sovos
Sovos Unveils S1 Cloud Platform to Prepare Businesses for Digital Tax Enforcement Globally

Unique software architecture, development framework and cloud infrastructure enables tax compliance in key business processes, connects with governments Boston, June 4, 2018 — Sovos, a leading global provider of tax software, today revealed its S1 cloud platform, which aims to drive the modernization of tax software in the face of mounting digital disruption from businesses, […]

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Posted 2018-06-01 by Sovos
IDC – Sovos Acquires TrustWeaver Strengthening Its Market Position

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Posted 2018-06-01 by Clark Sells
Public Anger and GDPR: Why Too Much Data Sharing Could Have Negative Consequences

Facebook was open to the public for more than a decade before most users thought all that much about what companies do with the data they share on social media. In the wake of the Cambridge Analytica scandal, that’s not the case anymore. And with Europe’s groundbreaking General Protection Data Regulation (GDPR) having kicked in […]

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Posted 2018-05-31 by Sovos
Sovos Announces Solution to Automate Beverage Alcohol Compliance for Brand Label Registrations

Market Ready enables suppliers to get products to market more efficiently across different states.   May 31, 2018, Napa, Calif. [Sovos GCS ShipCompliant Wine Summit] — Today, at its annual ShipCompliant Wine Summit, Sovos announced the release of Market Ready, a solution that automates compliance tasks and enables beverage alcohol suppliers to get […]

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Posted 2018-05-10 by Alex Forbes
Sovos Named a 2018 Spend Matters Provider to Watch

Sovos has been named a ‘2018 Provider to Watch’ by Spend Matters, the leading solution intelligent source for procurement and supply chain professionals. This recognition also extends to TrustWeaver, also named on this years’ list and now part of the Sovos family.   According to the This Week on Spend Matters email newsletter, “the annual 50 […]

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Posted 2018-05-03 by Sovos
Why Our Acquisition of TrustWeaver is an Important Milestone in the Evolution of Modern Tax Software

By Andy Hovancik – President & CEO   Today, we announced the acquisition of Stockholm-based TrustWeaver to create a clear leader in modern tax software.   TrustWeaver has become a seal of approval for the world’s largest procure-to-pay and AP systems. This is a testament not only to the effectiveness of its e-invoicing software and […]

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Posted 2018-05-02 by Sovos
Anúncio de Sovos

Hoje nós anunciamos a aquisição da empresa sueca TrustWeaver para criar uma clara liderança na nova era de software fiscal – e expandir nossa cobertura de e-Invoicing (faturação eletrônica) a 60 países em seis continentes. Nós estamos assistindo à faturação eletrônica espalhar-se por todos os continentes, adicionando complexidade e risco ao seu processo […]

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Posted 2018-05-02 by Sovos
Un anuncio de Sovos

Hoy, anunciamos la adquisición de TrustWeaver con sede en Estocolmo, para crear un claro líder en software impositivo moderno – y expandir nuestra cobertura de facturación electrónica a 60 países en 6 continentes. Hemos visto el cumplimiento de facturación electrónica expandirse a cada continente, agregando complejidad y riesgo a tus procesos financieros claves. TrustWeaver […]

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Posted 2018-04-23 by Alex Forbes
Sovos Announces Gold Level Sponsorship of SuiteWorld18

Sovos, a global leader in tax compliance and regulatory reporting software, today announced it will be a Gold-level sponsor at SuiteWorld18, an annual celebration of NetSuite customers and partners. Now in its 8th year, SuiteWorld is the preeminent Cloud ERP conference where users, partners, and developers can share insights and new ideas about growth across […]

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Posted 2018-04-23 by Sovos
Sovos Partners with Magento Commerce to Accurately Determine Sales Tax and Improve Filing Processes for Merchants

As a Magento Select Technology Partner, Sovos will help streamline sales and use tax compliance for rapidly growing e-commerce businesses of all sizes. April 20, 2018 — Sovos, a global tax compliance and reporting software leader, announced today that it has been named a Magento Select Technology Partner to improve sales tax determination and […]

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Posted 2018-04-02 by Alex Forbes
Sovos at NetSuite SuiteWorld18 – The Next Level of Tax Compliance

  Sovos will be exhibiting at NetSuite SuiteWorld18, booth #300, April 23 – 26, 2018. NetSuite SuiteWorld is the preeminent Cloud ERP conference being held at the Sands Expo & Convention Center in Las Vegas.   Join our Solution Showcase, “Keeping Your Organization Ahead of Sales and Use Tax Compliance in the New Digital Economy.” […]

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Posted 2018-03-29 by Sovos
IDC Link Quick Take on Sovos Use Tax Manager

"The product demonstrated at the SAP Ariba event showed that Sovos has the pulse of the market regarding the pain around sales and use tax management. Importantly, this solution is seated within the larger compliance software product portfolio for Sovos which means that companies looking for use tax solutions also have the option to engage […]

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Posted 2018-03-05 by Alex Forbes
Streamlining Accounts Payable Internal Controls with Audit Accuracy

If you’re interested in improving your accounts payable internal controls while streamlining your use tax self-assessment process, look no further than Sovos Use Tax Manager. Many companies have begun digital transformations to automate their procure-to-pay processes, moving away from paper invoicing. Regardless of how they are managing the process today, automation is still not enough. […]

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