What is Sovos Intelligent Compliance Cloud?
The Sovos Intelligent Compliance Cloud includes tax automation capabilities, including sales and use tax, 1099 reporting, ACA reporting, VAT solutions, and FATCA compliance.
Categories & Use Cases
Top Performing Features
Sales and Use Taxes
Software is capable of calculating and filing sales and use taxes.
Category average: 8.8
Cross-border Taxes
Software is capable of calculating and filing taxes, such as customs, across countries.
Category average: 7.8
VAT / GST Taxes
Ability to calculate and manage VAT and GST taxes.
Category average: 7.2
Areas for Improvement
Tax Exemption Processing
Ability to generate, track, exemption certificates from sales invoices.
Category average: 8.2
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
Complex Tax Scenario Management
Ability to automate handling of tax holidays and other anomalies.
Category average: 7.4