Taxify | Sovos Compliance Rolls Out Sales Tax Automation for Online Retailers

Sovos
October 29, 2015

Hello, world! We are a little slow to announce it (we wanted to get the timing juuust right), but we’re here today to let you all know that we are coming out on the sales tax automation stage! Taxify is the first software solution to provide industry-best tax calculation and automated filing for small to mid-sized businesses on a platform built specifically for the unique needs of businesses who sell online. We are here to help you focus more on your business — and less on sales tax! “More and more businesses are moving business online, and we kept hearing from them there are a lot of tax consequences that come along with the move — and no resources to deal with it,” said Eric Olson, General Manager of Taxify. “The solutions previously available to these companies are either too limited in their reach and accuracy or far too expensive and complicated for these businesses to use. Taxify is in a unique position to change that by providing access to Sovos’ world class tax content on a platform both tied to the systems these businesses already use and priced at a level they can afford.” Small to mid-sized businesses spend an astounding $63,000 every year on sales and use tax compliance, according to Aberdeen Group. Yet, those businesses struggle to keep up, listing their top challenges as “excessive labor,” poor accuracy and audit problems. Taxify is built to help these businesses get tax out of the way by automating compliance from end-to-end. Its tax calculation engine brings GPS-level tax rates for more than 14,000 jurisdictions to shopping carts and integrates with dozens of eCommerce platforms, marketplaces and accounting systems to automate filing in every state and local jurisdiction. “Our biggest challenge was to figure out what taxes we needed to collect and figuring out which jurisdiction to remit those taxes to on an order-by-order basis. Tax rates can be different on an address-by-address basis, even within the same zip code, and there’s no practical, feasible tool out there for a company of our size to put the resources together to figure out the exact correct tax rate,” explained Mark Kenny, Vice President of Planning & Finance at VintageView. “When our sales tax got more complex than what we could track with pen and paper, we turned to Taxify. It’s really been amazing working with them from a customer service experience, and as a customer I’ve felt really taken care of. I have nothing but glowing praise for Taxify.” To find out more information about how Taxify can help you ease the burden of sales tax compliance and keep up on the latest news, visit Taxify.co and follow them at @TaxifyHQ. Request a Demo Start Free Trial

Sign up for Email Updates

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

Author

Sovos

Sovos was built to solve the complexities of the digital transformation of tax, with complete, connected offerings for tax determination, continuous transaction controls, tax reporting and more. Sovos customers include half the Fortune 500, as well as businesses of every size operating in more than 70 countries. The company’s SaaS products and proprietary Sovos S1 Platform integrate with a wide variety of business applications and government compliance processes. Sovos has employees throughout the Americas and Europe, and is owned by Hg and TA Associates.
Share This Post

North America Sales & Use Tax
June 1, 2023
3 Things to Remember if You Get a Sales Tax Notice

Have you ever received a sales tax notice from a state department of revenue? Whether you answered yes or no, there are important things to keep top of mind to help keep your business prepared. Finding out that you have failed to comply with one or more of your sales tax obligations can be startling. […]

North America Unclaimed Property
May 30, 2023
How to Set Up a Successful Unclaimed Property Program

Unclaimed property compliance can be difficult and overwhelming. Clients often ask what they should be doing to ensure they are compliant with the various laws and regulations. It isn’t easy, especially if you have multiple property types such as checks, credits or customer accounts that have the potential to become unclaimed property in multiple states. […]

North America ShipCompliant
May 30, 2023
How Hold At Locations Improve Your Customers’ Wine Delivery Experience

Direct-to-consumer shipping wine lovers enjoy the convenience of having their favorite vinos shipped to their front door. But what happens when, for whatever reason, they aren’t available to accept their wine deliveries? Whether they aren’t available during the day or they don’t have someone 21 or older available to sign for their package, these challenges […]

North America Sales & Use Tax
May 30, 2023
Identifying Sales Tax Liabilities and Why They Matter

By Steve Claflin, CLA It’s incredible that it has now been five years since the landmark Wayfair decision. It seems like just yesterday we were reading the case, alerting clients and tracking the ever-developing state guidance. Unfortunately, many companies still are not familiar with their sales tax filing obligations caused by economic nexus, or they […]

North America ShipCompliant
May 25, 2023
Out-of-State Breweries Gain Self Distribution, DtC Rights in Oregon

Under a settlement agreement, breweries located outside of Oregon now have more options for selling into the Beaver State, including direct-to-consumer (DtC) shipping and self-distribution to retailers. The settlement arose out of a lawsuit filed by a group of Washington breweries last year challenging Oregon laws that limited beer self-distribution to in-state breweries and DtC […]