Sovos GTD – Tax Determination for US Sales and Use Tax .0.0.1 achieves SAP Certification through the “Co-Innovated with SAP

June 3, 2020

Global tax software leader Sovos announced today that its Global Tax Determination .0.0.1 solution has achieved SAP certification as integrated with SAP S/4HANA® Cloud, as part of the “Co-Innovated with SAP” program. Sovos Global Tax Determination helps customers determine automated, accurate rates for every transaction and in every jurisdiction. By combining value-added tax, goods and services tax, excise tax, and sales and use tax determination support in a single solution, Sovos helps safeguard businesses from error-triggered audits as determination rules change.

Governments around the world are embracing digital transformation to enforce the collection of transactional taxes, putting pressure on companies to get tax right the first time. By putting tax compliance software in the digital financial technology core, Sovos helps businesses that use SAP solutions keep their own digital transformation initiatives moving with a solution built for modern tax compliance.

The “Co-Innovated with SAP” program is designed to help partners through the development lifecycle that culminates in an SAP-certified and tested solution against SAP product standards. It is an end-to-end program of guided services offered by the Partner Innovation Lifecycle Services organization that helps partners take their products to market in close alignment with other SAP teams (product management, solution management, development and field), thereby providing the guidance and support to help ensure a competitive solution in the marketplace. Additionally, the SAP Partner Innovation Lifecycle Services organization has certified that Sovos Global Tax Determination .0.0.1 solution integrates with SAP S/4HANA Cloud using standard integration technologies.

“For our clients that want to transform their approach to tax compliance as part of their move to SAP S/4HANA Cloud, Sovos has made it simple to prepare for the digital future of tax while also migrating their ERP to the cloud,” said Michael Jolton, vice president at NIMBL, a systems integrator.

“Tax authorities change regulations frequently, which increases the complexity of compliance at a time when many companies are engaged in extensive IT modernization efforts,” said Pawel Smolarkiewicz, chief product officer at Sovos. “Sovos helps keep implementations on track with user-centric solutions that simplify real-time tax determination and deliver industry-leading response times, reliability and continuously accurate regulatory analysis and content.”

Nandagopal Prasad, Senior Vice-President and Head of Partner Innovation Lifecycle Services from SAP commented, “The Co-innovation engagement with SAP led to a product that allows Sovos Compliance, LLC (Sovos) to tap into the opportunities related to SAP S/4HANA Cloud and addresses the significant market demand for offerings from partners in the U.S. tax domain. The Sovos Global Tax Determination .0.0.1 solution has been certified for integration with SAP S/4HANA Cloud.”

About 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 a 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 and follow us on LinkedIn and Twitter.

SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see for additional trademark information and notices. All other product and service names mentioned are the trademarks of their respective companies.

SAP Forward-looking Statement
Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements.

All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP’s future financial results are discussed more fully in SAP’s filings with the U.S. Securities and Exchange Commission (“SEC”), including SAP’s most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

Sign up for Email Updates

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

Additional Press Releases

July 7, 2020
Sovos Acquires U.K.-Based VAT Managed Services Company Accordance

Global tax software provider Sovos today announced it has acquired Accordance, a U.K.-based value-added tax (VAT) managed services company. Accordance has been a Sovos partner since 2018 and has implemented Sovos VAT Reporting software to provide technology-enabled compliance services to its clients. The acquisition comes at a critical moment for VAT countries, where businesses face a range […]

Read More
Sales & Use Tax United States
June 24, 2020
Sovos “2020 State of Sales and Use Tax Report” Shows Governments Outpacing Businesses in Implementing Technology, Driving Change

Global tax software provider Sovos today issued its annual “State of Sales and Use Tax” report focusing on the trends, impediments and technology facing organizations as they try to solve sales tax issues in a post-Wayfair economy. The report focuses on the here-and-now of sales tax compliance, examining trends in nexus laws and regulations, and how economic circumstances brought […]

Read More
June 15, 2020
Brewing Industry Sees 43% Drop in Product Registrations

Brewers are bringing fewer new products to market amid coronavirus concerns and a slowing economy, according to Sovos ShipCompliant label registration data for the months of April and May 2020, indicating these producers are doubling down on their existing product lines. Overall, producers and wholesalers in the beer, wine and spirits business registered 16,164 products through Sovos […]

Read More
June 9, 2020
BlockFi Selects Sovos for Tax Information Reporting on Cryptocurrency Investments

Global tax software leader Sovos today announced that BlockFi, a financial services company focused on building products for cryptocurrencies, selected Sovos for its 1099 crypto tax information reporting needs. The Sovos Tax Information Reporting solution automated BlockFi’s 1099 forms and filings for crypto investor clients for the 2019 tax year while reducing potential errors and delivering automatic regulatory […]

Read More
Sales & Use Tax
May 21, 2020
Sovos Earns SIIA CODiE Award for Best Compliance Solution

Global tax software provider Sovos today announced that its Sales & Use Tax Filing product has been named the Best Compliance Solution of 2020 as part of the annual SIIA CODiE Awards. The CODiE Awards recognize companies producing the most innovative business technology products across the U.S. and around the world. Sales & Use Tax Filing mitigates […]

Read More