Sovos Sales Tax SuiteApp Achieves ‘Built for NetSuite’ Status

May 19, 2016

New SuiteApp Meets the NetSuite SuiteCloud Platform’s Development Standards and Documented Best Practices.


Boston, MA, May 19, 2016 – Sovos Compliance announced today that the Sovos Sales Tax SuiteApp has achieved ‘Built for NetSuite’ status. The new SuiteApp, built using NetSuite’s SuiteCloud Platform, provides an end-to-end sales and use tax automation tool for clients using SuiteTax, NetSuite’s newly released SuiteCloud API, to reduce compliance burdens and protect against audit exposure.

Built for NetSuite is a program for NetSuite SuiteCloud Developer Network (SDN) partners that provides them with information, resources and a method to verify that their applications and integrations, built using the NetSuite SuiteCloud Platform, meet NetSuite’s standards and best practices. The Built for NetSuite program is designed to give NetSuite customers additional confidence that SuiteApps have been built to meet these standards.

Sovos Sales Tax is already in use by many of the world’s top retailers, delivering pinpoint accurate tax rates in more than 14,000 jurisdictions and for more than 9,000 different product codes. Users can calculate tax on sales orders, invoices, purchases, vendor bills and vendor credits — and easily access detailed tax data for automated return filing and audit response.

“We’ve heard tax professionals loud and clear: it’s getting harder and harder to keep up with compliance in an increasingly complex tax compliance environment, and that’s getting in the way of growth. We’re excited to deepen our partnership with NetSuite because we share a common vision for lightening that compliance burden so these businesses can thrive,” said Troy Thibodeau, Chief Product Officer at Sovos. “Not only can NetSuite users now access the most accurate tax content in the world – they can do it right from the platform they access every day.”

“At NetSuite, we strive for excellence and search out partners who do the same. We are proud to partner with Sovos Compliance to bring a leading tax integration to our customer. Sovos Sales Tax SuiteApp coupled with NetSuite simplifies tax calculation and compliance with confidence to allow our customers to focus on the core values and initiatives that drive their businesses. This partnership can enable clients to deliver the engaging experience they expect from NetSuite with the knowledge and expertise of Sovos Sales Tax,” said Guido Haarmans, Senior Vice President Business Development for Technology Partners at NetSuite.

For information about Built for NetSuite SuiteApps, please visit www.netsuite.com/BuiltforNetSuite. For more information about the integrated solution, please visit www.suiteapp.com.

About SuiteCloud

NetSuite’s SuiteCloud is a comprehensive offering of cloud-based products, development tools and services designed to help customers and commercial software developers take advantage of the significant economic benefits of cloud computing. Based on NetSuite, the industry’s leading provider of cloud-based financials/ERP software suites, SuiteCloud enables customers to run their core business operations in the cloud, and software developers to target new markets quickly with newly-created mission-critical applications built on top of mature and proven business processes.

The SuiteCloud Developer Network (SDN) is a comprehensive developer program for independent software vendors (ISVs) who build apps for SuiteCloud. All available SuiteApps are listed on SuiteApp.com, a single-source online marketplace where NetSuite customers can find applications to meet specific business process or industry-specific needs. For more information on SuiteCloud and the SDN program, please visit www.netsuite.com/developers.

About Sovos

Sovos Compliance delivers technology solutions to help businesses meet the demands of their unique tax, compliance and reporting obligations. The company enables over 4,500 clients to operate with the confidence to efficiently navigate today’s dynamic regulatory environment. Sovos utilizes a unique ability to turn knowledge into highly functional, scalable software that seamlessly integrates with a wide array of applications and information technologies used by businesses today. Sovos gives clients peace of mind by simplifying tax compliance, providing greater control and visibility, and mitigating compliance risk. For more information, please visit: https://www.sovos.com

NOTE: NetSuite, the NetSuite logo, and Built for NetSuite are service-marks or trademarks of NetSuite Inc. Third-party trademarks mentioned are the property of their respective owners.

Sign up for Email Updates

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

Additional Press Releases

August 20, 2020
Sovos to Gain New Investment by Hg Saturn and TA Associates, Fueling Continued Growth as Digital Transformation of Tax Accelerates Worldwide

BOSTON – August 20, 2020 – Global tax software provider Sovos today announced that Hg — a leading global software investor, partner and supporter of the expansion of Sovos for more than four years — will lead a further, majority investment in the company through the Hg Saturn 2 Fund. TA Associates, a leading global […]

Read More
July 27, 2020
Sovos Names Terry Melnik General Manager of Sales and Use Tax Line of Business

Global tax software provider Sovos today announced that Terry Melnik, formerly general manager at Oracle Netsuite’s OpenAir, has joined the company as GM of Sales and Use Tax. With 20 years’ experience in technology, management consulting and ecommerce, Melnik is charged with leading Sovos’ long-range plan in a market undergoing rapid change driven by the digital transformation […]

Read More
July 23, 2020
Sovos Buys Keane’s Unclaimed Property Consulting Services and Software

Global tax software provider Sovos today announced it has acquired Keane’s unclaimed property consulting services and reporting technology. The acquisition, Sovos’ fourth this year, makes 2020 the company’s most acquisitive year yet. The purchase of Keane’s software and consulting services deepens Sovos’ footprint in the unclaimed property compliance market, as states turn to these revenue streams to […]

Read More
July 13, 2020
Cryptocurrency Exchange Platform Binance.US Selects Sovos for Tax Information Reporting

Global tax software leader Sovos today announced that cryptocurrency exchange platform Binance.US has selected Sovos for its 1099 crypto tax information reporting needs. The Sovos Tax Information Reporting solution will automate Binance.US’ 1099 forms and filings for crypto investors, reducing the potential for error and delivering automatic regulatory updates as the cryptocurrency compliance landscape continues to evolve. Founded in […]

Read More
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