Sovos Announces Alliance with KPMG to Help Enterprises Meet Evolving VAT Compliance Requirements

May 10, 2022

New collaboration reduces IT costs and eliminates risks associated with incorrect or delayed VAT reporting

BOSTON – May 10, 2022 – Global tax software provider Sovos today announced its strategic alliance with audit, tax and advisory firm KPMG LLP to empower enterprises to meet evolving value-added tax (VAT) compliance obligations across multiple countries. With Sovos’ award-winning software and KPMG’s tax experience, organizations can simplify operations into a single platform, reduce the IT cost of compliance and decrease the risk of penalties associated with incorrect or delayed reporting.

VAT is a vital revenue resource to governments around the world. As a result, tax authorities are looking for new ways to ensure they are capturing anticipated revenue, including adopting new and more expansive real-time compliance requirements and introducing new data demands, processes and requirements.

“Managing VAT compliance amid rapid regulatory change is overwhelming for multinational organizations,” said Jonathan Eisner, chief channel officer and vice president, global alliances, Sovos. “Through this relationship, enterprises will have access to KPMG’s experienced tax professionals as well as Sovos’ scalable VAT service, which handles compliance obligations across 70 countries, including continuous transaction controls, post-audit e-invoicing and periodic reporting.”

With Sovos and KPMG, businesses can:

  • Lower costs: Reduce IT costs associated with compliance
  • Simplify operations: Deploy a single platform for managing accounts receivable, accounts payable, e-archiving and VAT compliance across the countries.
  • Reduce negative impacts to cash flow: Ensure that tax credits are not delayed due to incorrect or delayed reporting.
  • Decrease the risk of penalties: Automate processes and verifications for e-invoicing; link to all related documents – from purchase order to invoice to tax reporting.

“Increasingly, continuous transaction controls push businesses towards digital transformation,” said Niren Saldanha, partner, tax, KPMG. “Our team has extensive knowledge of implementing Sovos’ software within existing ERP and legacy systems. By setting up data reporting within the ERP system, we can help tax authorities receive the right information at the right time to keep our clients’ compliance efforts running smoothly. With Sovos, we’ll be able to help them stay ahead of tax compliance regulations today, and in the future.”

To learn how Sovos and KPMG can help your organization achieve continuous VAT compliance, click here.

About 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. For more information visit and follow us on LinkedIn and Twitter.


KPMG LLP is the U.S. firm of the KPMG global organization of independent professional services firms providing audit, tax and advisory services. The KPMG global organization operates in 145 countries and territories and has close to 236,000 people working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients. Some or all of the services described herein may not be permissible for KPMG audit clients and their affiliates or related entities.

KPMG is widely recognized for being a great place to work and build a career. Our people share a sense of purpose in the work we do, and a strong commitment to community service, inclusion and diversity, and eradicating childhood illiteracy. Learn more at

Sign up for Email Updates

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

Additional Press Releases

North America Tax Compliance
July 20, 2022
Sovos Announces Partnership with Rewriting the Code to Support the Next Generation of Women in Tech

Sovos will help provide skills coaching and career mentorship to the RTC community ATLANTA – July 20, 2022 – Global tax software provider Sovos today announced a partnership with Rewriting the Code (RTC), a global non-profit organization dedicated to supporting college and early career women with a passion for technology. Sovos will help provide educational […]

Read More
North America ShipCompliant
July 18, 2022
Sovos ShipCompliant Provides Compliance Education at American Craft Spirits Association 9th Annual Distillers’ Convention

Sovos ShipCompliant addresses compliance concerns around direct-to-consumer and three-tier distribution via live presentation and ebook (ATLANTA) July 18, 2022  – Widely varying state-by-state beverage alcohol laws create a daunting challenge for craft producers who want to bring new products to market and ship direct-to-consumer (DtC) with confidence that they are complying with all regulations. In […]

Read More
EMEA VAT & Fiscal Reporting
July 5, 2022
Sovos Announces Expanded Partnership with PwC Romania for Local Distribution of its SAF-T Reporting Solution

Agreement to empower large taxpayers in the region to comply with incoming updated tax reporting compliance mandate  BUCHAREST – JULY 5, 2022 – Global tax software provider Sovos today announced an expanded partnership with PwC Romania that will allow for the local distribution of Sovos’ SAF-T solution. The deal will take Sovos’ leading software solution […]

Read More
North America ShipCompliant
June 28, 2022
Ohio Division of Liquor Control Partners with Sovos ShipCompliant to Expedite Alcohol Product Registrations Online

PRO platform reduces workload and turnaround time for registration approval  (ATLANTA) June 28, 2022  – Today, automated alcohol beverage compliance leader Sovos ShipCompliant announced that the Ohio Department of Commerce Division of Liquor Control (DOLC) has selected ShipCompliant Product Registration Online (PRO), an online submission and approval system for state alcohol regulators, that will allow […]

Read More
North America Sales & Use Tax
June 22, 2022
New Report: Nearly 800 New Sales Tax Bills Are Considered by State Legislatures Monthly

Complexity of sales and use tax continues to be a challenge for remote businesses ATLANTA – June 22, 2022 – Global tax provider Sovos today announced that there are an estimated 800 sales tax bills under consideration by state legislators each month, highlighting the ongoing complexity of sales and use tax on the fourth anniversary […]

Read More