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Sovos and Axway Software Partner to Reduce Complexity of Global Tax Management

Sovos and Axway Software Partner to Reduce Complexity of Global Tax Management

Sovos’ one global solution for tax determination, continuous transaction control compliance and tax reporting reduces the potential risk associated with regional providers for Axway Customers

Global tax software provider Sovos announced it has entered into a strategic partnership with Axway, a leading provider of API management and enterprise integration platform. By incorporating Sovos into their platform, Axway can now streamline the e-invoice management process and reduce the complexity of multi-country compliance for its customers.

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As part of this partnership, Sovos’ tax solutions will be packaged with Axway’s AMPLIFY e-Invoicing Services, enabling Axway customers to access the full capabilities of the Sovos platform via a unified interface. This creates a single solution for customers to manage all their global invoice compliance challenges, eliminating the confusion and errors often associated with regional or country-specific solution providers.

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Axway has been helping customers connect and integrate with their trading partners for decades. Through their AMPLIFY™ platform, they provide their customers access to a wide array of services and solutions that can be seamlessly connected without having to abandon existing applications or software.

“This partnership with Sovos enables us to offer our customers a single interface to manage all their tax compliance requirements no matter where they conduct operations,” says Roland Royer, Axway chief customer officer. “Customers can now rededicate resources to strategic initiatives while we solve their tax problems for them.”

Businesses are under pressure to move indirect tax compliance from the relative calm of periodic reporting to the mission-critical live exchange of their invoices and other key trading documents. By integrating its AMPLIFY e-Invoicing Services with Sovos, Axway ensures its customers do not need to worry about their invoice flows meeting ever-changing requirements as tax law enforcement becomes more real-time.

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