Keep up with evolving mandates with Sovos eReceipts.
As e-invoicing has swept the globe, in particular Latin America and Europe, you’ve had to adapt to new mandates covering first B2G and then B2B transactions. Now, a third wave is emerging: business-to-consumer (B2C) mandates for e-receipts.
With e-receipts, each purchase your customers make is available in a portal accessible by those consumers and the local tax authority. Governments can ensure they are enforcing, and you are charging, correct tax. While e-receipts represent another global tax mandate, the digitization of tax in the B2C realm also presents an opportunity for efficiency, cost reduction, environmentally friendly business practices and even additional value for your customers.