Sovos CEO Named EY Entrepreneur of the Year 2019 Semifinalist

Sovos
April 24, 2019

For more than 33 years, EY has been at the forefront of identifying game-changing business leaders and celebrating ingenuity through its Entrepreneur of the Year Awards program. The firm recently named Andy Hovancik, CEO, as a semifinalist in its Entrepreneur Of The Year 2019 New England Awards program, billed by EY as the world’s most prestigious business award for entrepreneurs.

The Entrepreneur Of The Year program recognizes entrepreneurs who demonstrate excellence and extraordinary success in areas such as financial performance, innovation and commitment to their businesses and communities. The program has honored the leadership of such entrepreneurs and companies including Aron Ain, Kronos Incorporated; Stephen Kaufer, TripAdvisor, Inc.; Brian Halligan of HubSpot; and Jeff Weiner of LinkedIn Corporation.

The honor comes amid a year of industry leadership for Sovos. IDC recently named the company a leader in its first MarketScape for global tax automation software, signaling two crucial things: first, modern tax technology is an important part of the digital financial core for business. And second, traditional tax software wasn’t built for today’s era of digital tax enforcement.

Sovos is on a path to solve this complex challenge for good, so customers don’t need to amass dozens of local solutions to address tax obligations everywhere they do business. They choose Sovos so they can prosper in a world where tax is part of every transaction, no matter where they do business. The Sovos vision is to continue enabling frictionless commerce, even as more countries embrace digital transformation to close their tax gaps and collect the revenues their communities need to thrive.

The independent judging panel includes previous award winners, leading CEOs, private equity and venture capital investors, and other regional business luminaries. The New England award recipients are announced at a black‑tie gala held on June 26, 2019.

Learn more about the Entrepreneur Of The Year New England program, “the only competitive awards program in the world for entrepreneurs and leaders of high‑growth companies,” according to EY.  

Visit our press room for additional news and industry accolades.

Sign up for Email Updates

Stay up to date with the latest tax and compliance updates that may impact your business.

Author

Sovos

Sovos is a leading global provider of software that safeguards businesses from the burden and risk of modern transactional taxes. As VAT and sales and use tax go digital, businesses face increased risks, costs and complexity. The Sovos Intelligent Compliance Cloud is the first complete solution for modern tax, giving businesses a global solution for tax determination, e-invoicing compliance and tax reporting. Sovos supports more than 7,000 customers, including half of the Fortune 500, and integrates with a wide variety of business applications. The company has offices throughout North America, Latin America and Europe. Sovos is owned by London-based Hg. For more information visit www.sovos.com and follow us on LinkedIn and Twitter.
Share This Post

LATAM VAT & Fiscal Reporting
May 20, 2020
Sovos Acquires Taxweb, Extends Tax Determination Capabilities in World’s Most Challenging Compliance Landscape

Earlier this month Sovos announced its second acquisition of 2020, completing our solution for Brazil with an unparalleled offering that solves tax compliance in the place where it is most challenging to do so.  Too many companies doing business in Brazil have been burdened by managing multiple point solutions for continuous transaction controls (CTCs), tax […]

ShipCompliant United States
June 4, 2020
Granholm: 15 Years of Shipping Wine…and More

How much can change in fifteen years?  It was May 2005 when the U.S. Supreme Court issued a ruling in Granholm v. Heald, one of the most consequential beverage alcohol-related cases the Court has heard. The case challenged laws in Michigan and New York that permitted in-state wineries to make direct-to-consumer (DtC) shipments to their […]

EMEA Tax Compliance VAT & Fiscal Reporting
June 4, 2020
European Court Rules Against UK on VAT Treatment of Futures Trading

In the midst of ongoing negotiations following the UK’s exit from the European Union (EU), the Court of Justice of the European Union (CJEU) has ruled that the UK has impermissibly expanded the scope of its 0% VAT rate on futures trading.  And, that this has been occurring over a period spanning more than forty […]

ShipCompliant United States
June 3, 2020
4 Steps to Get Started Shipping DtC

Direct-to-consumer (DtC) shipping of beverage alcohol products is a $3 billion dollar market that continues to grow annually. DtC shipping can be a great way to grow your business by reaching new audiences, expanding your customer base, and increasing your sales. But, before you can take advantage of this growing market, there are some steps […]

E-Invoicing Compliance LATAM Tax Compliance VAT & Fiscal Reporting
June 3, 2020
Latin America: An Update on E-Invoice Requirements

In the field of global e-invoicing and tax control, most eyes have been focused on trailblazing initiatives in Asia, as countries such as India, Vietnam and Thailand look set to introduce new reforms in this area. However, even in the home of mandatory digital tax controls – Latin America – where mandatory clearance of B2B […]

EMEA IPT Italy Tax Compliance
June 3, 2020
Italian Parafiscal Complexities

Premium tax and parafiscal compliance for insurers authorised to operate under the Italian regime can be challenging. For the experienced, it may seem that each year brings a different obligation to be met with new requirements often being introduced. There are almost always links between an upcoming year’s reporting requirements and declarations made in previous […]