LOVAT

Score10 out of 10

15 Reviews and Ratings

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What is LOVAT?

Tax software for VAT/sales tax filing.

LOVAT platform collects all tax data across any sales channel and files VAT returns in a minute.

Accurate VAT calculation, tax due reminders, automatic filing, free data storing with the real-time support of tax expert team available.

LOVAT enables the user to register a business for VAT and sales tax purposes in foreign countries where it stores goods or where it is selling products or services.

LOVAT specializes in helping companies to achieve compliance with EPR regulations.

Categories & Use Cases

Tax Compliance

Media

Sales and Use Taxes
Software is capable of calculating and filing sales and use taxes.
Category average: 8.8
VAT / GST Taxes
Ability to calculate and manage VAT and GST taxes.
Category average: 7.2
Tax Data Reporting
Ability to export transaction data for tax filing.
Category average: 8.3

Compliance Administration Management
Ability to facilitate tax preparation, filing, and tax remittances across local, state, and federal jurisdictions.
Category average: 8.6
Tax Document Management
Collection and storage of tax documents, especially exemption certificates, and ability to retrieve them to use for tax audits.
Category average: 8
Geolocation for Tax Assessment
Ability to use geolocation, which is more precise than zip codes, for mapping taxes to specific jurisdictions.
Category average: 8.9

Pavlo Dzyba

Head of Growth in Sales at AGNT.HUB (11-50 employees employees)

Use Cases and Deployment Scope

We use LOVAT to automatically file VAT tax returns. We have an online store, we sell to different countries, so without automation it would be a lot of paperwork. LOVAT takes care of the calculations, reminders, and the filing itself — it saves a lot of time.

Pros

The biggest plus is that everything is automated. We connected the store, everything works just fine: VAT was calculated, declarations were filed, nothing was forgotten.
Support is also standard - if something is unclear, they answer quickly and to the point.

Cons

Navigation in the dashboard is not very good. Sometimes it is a bit difficult to find the desired function the first time. For example, we did not immediately understand where to add new countries or reports. It would be cool to have tips in the interface

Return on Investment

The positive impact is 100%. We saved at least a few hours each month, plus we avoided penalties for late or incorrect submissions. This directly affects ROI, because time = money, especially when the team is small.
And what’s more — less stress. This is also a value, albeit an intangible one

Usability

Maxim Yemleninov View profile

COO in Information Technology at itsyndicate (11-50 employees employees)

Use Cases and Deployment Scope

Great solution for effortless VAT compliance!

Pros

We've been using LOVAT for about 6 months, and it’s made our VAT filings incredibly easy.
Automation of returns across EU markets is fantastic
support is always there when you need help.

Cons

I wish the dashboard design was a bit more modern, but functionally it’s solid.

Return on Investment

Expanding my business bt increasing range of my ads coverage as i can easily calculate margins

Usability

Ivan Bilak View profile

CEO in Corporate at BE LIKE TECH (11-50 employees employees)

Use Cases and Deployment Scope

As e-invoicing is mandatory in my country, LOVAT helps me to keep all entries up to date

Pros

Each country in Europe has different rules and to keep all of them in the head is quite complicated . LOVAT has all the resources and means to keep all up to date. Very good for me

Cons

Sometimes hard to know all tax related acronyms

Usability

Verified User

Manager in Marketing (1-10 employees employees)

Use Cases and Deployment Scope

I register and report VAT and sales tax. LOVAT truly simplified the submission of documents. As an entrepreneur, I prefer to spend time working rather than deal with documentation and business laws. Works simply and reliably.

Pros

Software is cloud-based. That is so cool. Can enter account whenever I need, like, I'm not stuck on the desktop. Interface is user-friendly
I have workers from different countries and nations, and they say that the Chinese version of the website could be better

Cons

I have workers from different countries and nations, and they say that the Chinese version of the website could be better

Return on Investment

Saved time on filing taxes

Usability

Inna Sabada View profile

Marketing manager in Marketing at Warmy (11-50 employees employees)

Use Cases and Deployment Scope

contacted LOVAT for help with VAT registration. We are also currently using a

trial subscription to the LOVAT software.

It is still too early for me to assess the advantages and disadvantages of

the software. However, I would like to acknowledge the LOVAT support team,

which has provided us with professional assistance in understanding the

intricacies of tax legislation in different countries and our obligations to

the tax authorities. I am very happy with the level of service that the LOVAT team has provided us.

Pros

they are well versed in taxes
professional assistance from the support team
VAT registration and communication with tax authorities

Cons

need to add integration with Squarespace
It would be nice to be able to add colleagues to your personal account for team work

Return on Investment

Reduction in penalties to $1,000 due to improved compliance.

Avalara

TaxJar

Vertex Cloud

LOVAT

What is LOVAT?

Categories & Use Cases

Media

Key Features

Top Performing Features

Sales and Use Taxes

VAT / GST Taxes

Tax Data Reporting

Areas for Improvement

Compliance Administration Management

Tax Document Management

Geolocation for Tax Assessment

Reviews

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Cons

Return on Investment

Usability

Use Cases and Deployment Scope

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Return on Investment

Usability

Use Cases and Deployment Scope

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Usability

Use Cases and Deployment Scope

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Return on Investment

Usability

Use Cases and Deployment Scope

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Return on Investment

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