Sovos news and trends

This Week in B2B: Digital Innovation, Data-Driven Insights, FinTech Partnerships
B2B Payments // June 27, 2024

Interoperability is viewed by many to be the holy grail of business-to-business (B2B) innovation. By enabling systems to work together seamlessly, businesses can reduce costs, improve accuracy, enhance security, and foster better relationships with their partners. Businesses want flexible and customizable workflows, and providers are...

Sovos and PwC Ireland Partner on eInvoicing, eReporting Compliance Solutions
Partnerships // June 25, 2024

Sovos and PwC Ireland partnered to help organizations implement eInvoicing and eReporting to comply with government mandates across the European Union and the world. The collaboration brings together the capabilities of Sovos, supplier of the Sovos Compliance Cloud platform, and PwC Ireland, a provider of...

CFOs Struggle to Manage Complexities of State Tax Filings
Taxes // June 05, 2024

Tax season might be over. But then again, there’s always next year. As Wendy Walker, solution principal at Sovos, told PYMNTS, the complexities of tax reporting will still demand that organizations of all sizes gear up for changes in the tax code and rigorous reporting...

Why B2B Payments Tomorrow Will Look Like B2C Payments Today 
B2B Payments // May 20, 2024

The world of regular payments frequently leads the business-to-business (B2B) payments landscape in leveraging innovation.  That’s why, with the news last week (May 15) that Visa is launching a suite of disruptive new products and services built for the entire payments ecosystem, forward-thinking enterprises are already starting to...

Interviews & Exclusives
Sovos CEO Says Government Tax Compliance Mandates Push CFOs to Modernize

July 11, 2024
Governments around the world are using mandates to modernize and digitize all manner of activities, including how they collect taxes. To get a sense of the task at hand and its complexity, there are 19,000 taxing jurisdictions making thousands of changes, which has a ripple effect across the entire supply chain. “The governments are telling […]

CFOs Struggle to Manage Complexities of State Tax Filings

June 05, 2024
Tax season might be over. But then again, there’s always next year. As Wendy Walker, solution principal at Sovos, told PYMNTS, the complexities of tax reporting will still demand that...

Government Mandates Will Force Business Payments Modernization

May 20, 2024
Change is inevitable, and businesses that initiate change have the best opportunity to manage it. That’s why embracing payments modernization is so important for organizations, particularly with the future of payments looking...

IRS Modernization Efforts Pose Challenges as Enterprises Embrace eFiling  

May 04, 2024
Digital transformation is becoming as inevitable as the reality of paying taxes. And as many companies discovered during the recent tax season, even the IRS is going digital. As Wendy...

Quick Reads
Sovos and PwC Ireland Partner on eInvoicing, eReporting Compliance Solutions

June 25, 2024
Sovos and PwC Ireland partnered to help organizations implement eInvoicing and eReporting to comply with government mandates across the European Union and the world. The collaboration brings together the capabilities of Sovos, supplier of the Sovos Compliance Cloud platform, and PwC Ireland, a provider of assurance, advisory and tax services, the companies said in a […]

Sovos Adds Indirect Tax Solution for Global Enterprises

April 30, 2024
Sovos has launched a solution designed to modernize how companies meet global indirect tax obligations. The new Indirect Tax Suite is part of the Sovos Compliance Cloud and helps enterprises manage all their...

Sovos Enhances Partner Network Amid Demand for Tax Compliance Services

April 15, 2024
Compliance company Sovos has enhanced its Sovos Partner Network program to make it easier for partners to access new opportunities in technology, revenue and marketing. The program centers on the...

Sovos Enhances Connector Marketplace Amid Tax Compliance Changes

April 10, 2024
Tax software firm Sovos has debuted an enhanced version of its Connector Marketplace. The launch, announced Wednesday (April 10), makes it easier for customers and partners to connect to Sovos’ Compliance Cloud.  These connectors...