Tag : Sovos

Sovos Launches World's First AI-Powered Tax Compliance Intelligence Solution
Artificial Intelligence Finance Fintech News

Sovos Launches World’s First AI-Powered Tax Compliance Intelligence Solution

Business Wire
Powered by Sovi™ AI, Sovos Intelligence™ brings Mirror Visibility™ to life, empowering companies to match government insights and act before audits begin Sovos, the always-on tax compliance company, today announced Sovos Intelligence, the world’s first AI-powered tax compliance intelligence solution. It empowers companies to get real-time insights on transactions and tax data.......
Sovos Introduces Sovi AI: The First Embedded AI Layer Purpose-Built for Tax Compliance
Artificial Intelligence Finance Fintech

Sovos Introduces Sovi AI: The First Embedded AI Layer Purpose-Built for Tax Compliance

Business Wire
Advanced AI and machine learning capabilities transform tax compliance into a business advantage across global mandates Sovos, the always-on tax compliance company, today announced the launch of Sovi™ AI, a first-of-its-kind suite of embedded AI and machine learning capabilities purpose-built for tax compliance. Sovi is derived from the Latin roots......
Sovos Partners with Tungsten Automation to Deliver Breakthrough Compliant Accounts Payable (AP) Solution
Finance Fintech News Robotic Process Automation

Sovos Partners with Tungsten Automation to Deliver Breakthrough Compliant Accounts Payable (AP) Solution

Business Wire
Joint offering combines proven AP automation with comprehensive tax compliance to streamline the entire procure-to-pay and compliance lifecycle Sovos, the always-on compliance company, and Tungsten Automation, the global leader in intelligent workflow automation solutions, today announced a strategic partnership to deliver a truly integrated compliant AP solution. This collaboration addresses the......
Sovos Names New Executive Leadership for Global Finance and Product Strategy Functions
Finance Fintech News

Sovos Names New Executive Leadership for Global Finance and Product Strategy Functions

Business Wire
David Woodworth and Swati Garodia selected to build and transform critical operation areas for global platform company Sovos, the always-on compliance company, today announced the appointment of two executive leaders. David Woodworth joins Sovos as its chief financial officer (CFO), where he will lead all finance, accounting, tax and treasury......
Sovos Introduces Indirect Tax Suite to Meet Complexities of Global Compliance
Finance Fintech News

Sovos Introduces Indirect Tax Suite to Meet Complexities of Global Compliance

Business Wire
Comprehensive software suite provides customizable, always-on solutions for tax determination, e-invoicing and filing Sovos, the always-on compliance company, introduces its Indirect Tax Suite, a comprehensive, integrated solution to modernize how companies meet global indirect tax obligations. Part of the Sovos Compliance Cloud, the Indirect Tax Suite empowers enterprises to manage......
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Sovos Provides Relief to Small- and Medium-Sized Businesses in Advance of 1099-K Threshold Changes

Pooja Choudhary
Global tax software provider Sovos announced that it will be continuously monitoring changes to provide ongoing updates and advice to help small- and medium-sized businesses navigate the complexities brought on by the combination of IRS rule changes, an increase in budget allocations for tax enforcement and a major shift in worker classifications.......
Sovos and Comply Exchange Partner to Offer First End-to-End Tax Information Reporting and Withholding Offering
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Sovos and Comply Exchange Partner to Offer First End-to-End Tax Information Reporting and Withholding Offering

Fintech News Desk
New partnership allows organizations to remain compliant with tax documentation collection and validation, withholding rate calculations and compliance, and year-end tax information reporting Sovos and Comply Exchange announced their partnership as the first and only end-to-end tax information reporting and withholding offering on the market. With over 42 years of combined experience, Sovos......
Sovos Withholding Compliance Now Offers Consolidated Solution for Managing Payroll and Non-Payroll Withholding Tax Payments
Digital Payments News

Sovos Withholding Compliance Now Offers Consolidated Solution for Managing Payroll and Non-Payroll Withholding Tax Payments

Fintech News Desk
New functionality provides for automated delivery of ACH payments to states and the IRS alongside electronic delivery of returns Sovos announced new automation functionality within its Sovos Withholding Compliance solution for managing payroll and non-payroll withholding tax payments and related IRS and state returns in a single place. Following its December......
Sovos Extends VAT Determination Capabilities With Acquisition of Germany’s TLI Consulting
Fintech News

Sovos Extends VAT Determination Capabilities With Acquisition of Germany’s TLI Consulting

Fintech News Desk
Acquisition holds immediate benefit for customers with complex supply chains and footprints across Europe; furthers Sovos’ long-term global tax engine strategy Global tax software provider Sovos announced it has acquired Germany-based TLI Consulting GmBH. The move significantly advances Sovos’ value-added tax (VAT) determination capabilities, with immediate benefits for businesses running......
Sovos Extends VAT Determination Capabilities With Acquisition of Germany’s TLI Consulting
Digital Payments News

Sovos Names Veteran FinTech Executive Eric Lefebvre Chief Technology Officer

Fintech News Desk
Company bolsters global leadership team with six key promotions and hires; prepares for continued growth into FY22 Global tax software provider Sovos announced that Eric Lefebvre has joined the company as chief technology officer. Lefebvre comes to Sovos with more than 25 years of product, development and technology operations experience. Most......
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