Flexible integration solutions streamline business operations while meeting tax and regulatory demands
(ATLANTA) April 10, 2024 – Sovos, the always-on compliance company, today announced the availability of an enhanced Connector Marketplace, making it more efficient for customers and partners to connect to Sovos’ Compliance Cloud. Through these connectors, companies can seamlessly implement Sovos’ tax compliance and regulatory reporting solutions into their existing enterprise financial systems eliminating compatibility issues and ensuring data security and achieving always-on compliance.
“Connectivity is a critical component of modern compliance – the Connector Marketplace accelerates the ability of businesses to plug into a unified compliance solution, one that works with their existing business infrastructure,” said Kevin Akeroyd, CEO, Sovos. “Customers need the ability to connect to our solutions without significant development cycles to quickly meet changing business requirements. This is a core tenet to everything we do at Sovos.”
The Sovos Compliance Cloud provides customers with a 360-degree view of their data, delivering the confidence needed to make strategic business decisions and the knowledge that they will be fully compliant. Sovos’ scalable and secure compliance platform is built upon mature processes and technology and easily supports third-party connector development. Organizations can integrate with other business intelligence tools with minimal to no development time.
“We partnered with Sovos to offer a completely automated e-invoicing solution that integrates with Zuora’s monetization suite,” said John Phillips, Senior Vice President, Global Alliances at Zuora. “Due to the simplicity of Sovos’ connector, we are able to significantly accelerate the development. Zuora customers now have a billing solution that has embedded e-invoicing to meet local compliance.”
Government mandates continue to force customers and partners to meet new compliance standards globally. This can be problematic for businesses that are running disparate systems and may not have the resources to build connectors and APIs. The Sovos Connector Marketplace facilitates solutions to both compliance – and technology – challenges, with the benefits of the Sovos Compliance Cloud:
- Scalable and secure solution for your business needs: Easily connect into a future-proofed compliance solution.
- Simple, seamless integration: Automate processes with the assurance of always accurate rates, updates and standards.
- Rapid response to changing regulations: There are over 14,000 regulatory changes monthly; Sovos makes sure companies are always up to date on all of them.
- Instant reporting for informed decision-making: The Compliance Cloud dashboard provides a single view of all transaction data, with real-time insights and data on-demand for reviews and audits.
- Meet compliance obligations across the globe: The Sovos Compliance Cloud offers solutions and services for compliance across any market or geographic location.
About Sovos
Sovos is a global provider of tax, compliance and trust solutions and services that enable businesses to navigate an increasingly regulated world with true confidence. Purpose-built for always-on compliance capabilities, our scalable IT-driven solutions meet the demands of an evolving and complex global regulatory landscape. Sovos’ cloud-based software platform provides an unparalleled level of integration with business applications and government compliance processes.
More than 100,000 customers in 100+ countries – including half the Fortune 500 – trust Sovos for their compliance needs. Sovos annually processes more than 11 billion transactions across 19,000 global tax jurisdictions. Bolstered by a robust partner program more than 400 strong, Sovos brings to bear an unrivaled global network for companies across industries and geographies. Founded in 1979, Sovos has operations across the Americas and Europe, and is owned by Hg and TA Associates. For more information, visit Sovos.com and follow us on LinkedIn and Twitter.
Media Contacts:
Zeno Group for Sovos
Sovos@Zenogroup.com
