Sovos Intelligent Compliance Cloud

Sales Tax Software, VAT reporting, e-invoicing compliance

3,9 /5 (15 reviews) Write a Review!

Sovos Intelligent Compliance Cloud Overview

What is Sovos Intelligent Compliance Cloud?

Sovos Intelligent Compliance Cloud is a tax compliance and reporting software which provides three core functions on a single platform – tax determination, envoicing compliance, and tax reporting – in order to safeguard enterprise businesses from risks of modern tax. The platform serves enterprise and global organizations with complex buying and selling transactions, providing them with access to the tools and data they need to run their business anywhere, while adapting to changes in government regulations and technology requirements.

The Sovos Intelligent Compliance Cloud provides the tools for regulatory analysis within a secure cloud platform, equipping organizations with a global solution for tax determination, eInvoicing compliance, and tax reporting. The enterprise-grade S1 infrastructure helps ensure that tax applications are highly reliable, scalable and secure. Features for indirect tax determination provide users with accurate, real-time rates for VAT, GST, sales and use tax, and various other taxes on transactions and purchases. Tools for tax reporting include transaction-level reporting, electronic filing, and tax information reporting, while eInvoicing compliance features provide users with real-time management of clearance and post audit capabilities including e-signature and e-archiving.

The Sovos platform includes comprehensive APIs which allow organizations to connect all their current tax applications, financial systems and workflows. The configurable, rules-driven solution helps drive the organization’s current business workflow, allowing users to adapt to changes in systems, regulatory environment, as well as technical requirements for tax reporting and electronic invoice compliance. The S1 transaction data engine enables businesses to centralize their data in a secure data warehouse for a single source of truth for all important tax-related data, as well as for consumption by various applications. Regulatory content management capabilities ensure that all applications and data are up to date at all times.

Sovos Intelligent Compliance Cloud Overview

Pricing

Starting from
N/A

Pricing options

Free Trial
Subscription
Value for money

Contact Sovos for detailed pricing information.


Sovos Intelligent Compliance Cloud Features

Devices
Business size
S M L
Markets
United States
Supported Languages
English

Media

CertManager enables users to create and manage customer exemption certificates
The Sovos use tax manager tool enables users to analyze use tax and vendor-charged tax, and compare tax paid/not paid on purchases to tax obligation
Visualize data on global tax determination and trends, as well as completed and on track tasks
Add certificates via the CertManager tool and enter data
View at a glance statistics on returns, as well as the latest alerts, messages and user activity via the dashboard
Sovos Intelligent Compliance Cloud screenshot: CertManager enables users to create and manage customer exemption certificates Sovos Intelligent Compliance Cloud screenshot: The Sovos use tax manager tool enables users to analyze use tax and vendor-charged tax, and compare tax paid/not paid on purchases to tax obligation Sovos Intelligent Compliance Cloud screenshot: Visualize data on global tax determination and trends, as well as completed and on track tasks Sovos Intelligent Compliance Cloud screenshot: Add certificates via the CertManager tool and enter data Sovos Intelligent Compliance Cloud screenshot: View at a glance statistics on returns, as well as the latest alerts, messages and user activity via the dashboard

Sovos Intelligent Compliance Cloud Reviews

Sovos Intelligent Compliance Cloud Reviews

Overall rating
3,9
/
5
Excellent
4

Very good
7

Average
3

Poor
0

Terrible
1

Value for Money
3,8
Features
4
Ease of Use
4
Customer Support
3,8
73% recommended this app
Jeff C.

Usability at it's finest

All of our printing and state/federal filing needs are fulfilled. We can take data from multiple source systems and in multiple formats and using this software have a consolidated repository for our compliance needs.


Kimberly W.

Sovos review

About 7/10.


Karl W.

Sovos review

fairly good. To many groups and the hand off from one group to the next is dismal.


Kristin U.

Good but clunky


Katryna W.

Good software for cost, frustrating help desk

Ultimately, I would not recommend Sovos Intelligent Compliance Cloud, simply because when something goes wrong, their help desk is awful to deal with. Things will go wrong with any software you choose -- it's just a fact of life. But Sovos's help desk makes any problems I run into using the software that much worse. It's a really bad experience.


Jeff C.
Industry: International Trade & Development
Company size: 10 000+ Employees

Usability at it's finest

Used Daily for 2+ years
Reviewed on 2019/11/25
Review Source: Capterra

All of our printing and state/federal filing needs are fulfilled. We can take data from multiple source systems and in multiple formats and using this software have a consolidated repository for our compliance needs.

Pros

Intuitive interface and robust help menu means that even if you don't know how to complete something you can figure things out fairly quickly.

Cons

Does not have the ability to utilize an import for W2C forms.

Rating breakdown

Ease of Use
Customer Support

Likelihood to recommend: 10.0/10

Kimberly W.
Industry: Electrical/Electronic Manufacturing
Company size: 11-50 Employees

Sovos review

Used Daily for 6-12 months
Reviewed on 2020/06/15
Review Source: Capterra

About 7/10.

Pros

It allows for you to make changes to tax after the transaction goes through - for instance, if we put in a sales order but then a customer remits their tax exemption cert, we can go back in and adjust without having to completely refund what we charged initially, just to re-charge them the correct amount.

Cons

They are never clear on what is what - there are so many names and vocab to their different portals, and programs. I never know what they are talking about, and they do not offer up great explanations either.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 7.0/10

Karl W.
Industry: Publishing
Company size: 501-1 000 Employees

Sovos review

Used Daily for 1-5 months
Reviewed on 2020/06/15
Review Source: Capterra

fairly good. To many groups and the hand off from one group to the next is dismal.

Pros

Reporting tools are helpful. Overall logic works well.

Cons

User experience can be drastically improved, feels like the end user was not kept in mind for the design aspect. It should be simple and easy to use and its really not, to much information and it isn't organized in a manner to maximize this info. Threshold reporting for various jurisdictions is a must and is missing.

Response from Sovos Compliance

Karl, thank you so much for your feedback. Sovos is dedicated to transforming our customer experience, so much so that we recently established an entire department dedicated to the very topics you bring up, like seamless hand-offs between departments. Simultaneously we are investing significantly to rebuild several of our most-popular products to be even faster and with intuitive, consumer-grade experiences.

As VP of customer experience, I would love to learn more from you so that we can make sure that we are meeting your needs as we undergo this transformation! Please reach out to me directly at [email protected] and we can find a convenient time to talk.

Sincerely,
Lisa Holmquest
VP of Customer Experience

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 5.0/10

Kristin U.
Industry: Printing
Company size: 11-50 Employees

Good but clunky

Used Weekly for 6-12 months
Reviewed on 2020/06/10
Review Source: Capterra

Pros

The software does what it is supposed to, it correctly calculates sales tax even on complex transactions. We use the program to calculate tax, store resale and exemption certificates and file our returns in 26 states.

Cons

the software is not one software and it really shows. If you are storing resale & exemption certificates they goes into one program. Once it is in the system it is transferred to another system. You can change the reason for exemption, let's say you pick educational but it should have been government. you need to go to another system, make the change there, then go back to the fist system and make the same change there. This follows across the whole platform, we use a certificate manager, tax determination, reporting, and tax filing. Each of these is a separate system and they don't talk to each other.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 7.0/10

Katryna W.
Industry: Wholesale
Company size: 501-1 000 Employees

Good software for cost, frustrating help desk

Used Daily for 2+ years
Reviewed on 2020/06/10
Review Source: Capterra

Ultimately, I would not recommend Sovos Intelligent Compliance Cloud, simply because when something goes wrong, their help desk is awful to deal with. Things will go wrong with any software you choose -- it's just a fact of life. But Sovos's help desk makes any problems I run into using the software that much worse. It's a really bad experience.

Pros

The software is pretty easy to understand and has most of the features you could want. For the features it doesn't have, there is usually a workaround that you can do that will allow you to collect and report the tax the way you need to.

Cons

The Sovos help desk is abysmal. When I run into an issue, my experience has been that the help desk will prioritize closing the ticket rather than helping the customer. I usually end up fixing the problem myself for one reason or another. Usually it's because the help desk says that my problem is not actually a problem, and they will therefore not be fixing it. However, sometimes I fix the issue myself because the help desk can't figure out what went wrong to cause the issue.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 2.0/10

User recommendation
7,4/10
Based on 15 user ratings
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Sovos Intelligent Compliance Cloud Pricing

Sovos Intelligent Compliance Cloud Pricing

Starting from
N/A
Free Trial
Subscription
Value for money

Contact Sovos for detailed pricing information.

Contact Sovos for detailed pricing information.

Value for Money
3,8/5
Based on 15 user ratings
Compare value for money rating with alternatives
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Sovos Intelligent Compliance Cloud Features

Sovos Intelligent Compliance Cloud Features

API
Accounting Integration
Accounting Management
Activity Dashboard
Audit Trail
Automatic Notifications
Billing & Invoicing
Compliance Management
Customizable Reporting
Data Import/Export
Electronic Payments
Expense Tracking
Financial Analysis
Invoice Management
Invoice Processing
Multi-Currency
Real Time Data
Reporting & Statistics
Third Party Integration
Workflow Management
Features
4/5
Based on 15 user ratings
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Categories

Additional information for Sovos Intelligent Compliance Cloud

Additional information for Sovos Intelligent Compliance Cloud

Key features of Sovos Intelligent Compliance Cloud

  • 1099 filing
  • 24/7 monitoring with full transparency
  • 360 degree scanning and monitoring
  • ACA reporting
  • API-enabled services and workflows
  • Adaptable rules-driven platform
  • Address validation
  • Cloud architecture
  • Comprehensive APIs
  • Continuous vulnerability scanning
  • Dedicated SOC team
  • E-invoicing & E-archiving
  • E-invoicing compliance
  • Enterprise-grade S1 infrastructure
  • Exemption certificate management
  • Exemption management
  • ISO 27001 Certified
  • Indirect tax determination
  • Real-time access
  • Regular penetration testing
  • Regulatory content management
  • S1 transaction data engine
  • SSAE 16 SOC 2 Certified facilities
  • Sales and use tax filing
  • Sales and use tax vendor-charged tax analysis
  • Tax calculator
  • Tax filing
  • Tax paid/not paid on purchases to tax obligation comparison
  • Tax reporting
  • Taxability verification
  • Transaction tracking
  • VAT reporting
  • Value Added Tax (VAT)

Benefits

  • Sovos streamlines compliance-related tasks, bringing greater operational control, efficiency and reduced costs.

  • Sovos indirect tax determination tools provide always-accurate rates for sales and use tax, VAT and various other taxes on transactions and purchases.

  • Sovos stays on top of regulatory changes, helping users to feel piece of mind due to improved confidence that their organizations are in compliance.

  • By taking control of compliance, Sovos frees clients from unwanted tasks, allowing them to play a more strategic role in their organization.

  • Comprehensive APIs allow organizations to connect all their tax applications and financial systems to the Sovos platform.

  • Sovos Intelligent Compliance Cloud FAQs

    Sovos Intelligent Compliance Cloud FAQs

    Below are some frequently asked questions for Sovos Intelligent Compliance Cloud.

    Q. What type of pricing plans does Sovos Intelligent Compliance Cloud offer?

    Sovos Intelligent Compliance Cloud offers the following pricing plans:

    Pricing model: Subscription

    Free Trial: Not Available

    Contact Sovos for detailed pricing information.

    Q. What are the main features of Sovos Intelligent Compliance Cloud?

    Sovos Intelligent Compliance Cloud offers the following features:

    • 1099 filing
    • 24/7 monitoring with full transparency
    • 360 degree scanning and monitoring
    • ACA reporting
    • API-enabled services and workflows
    • Adaptable rules-driven platform
    • Address validation
    • Cloud architecture
    • Comprehensive APIs
    • Continuous vulnerability scanning
    • Dedicated SOC team
    • E-invoicing & E-archiving
    • E-invoicing compliance
    • Enterprise-grade S1 infrastructure
    • Exemption certificate management
    • Exemption management
    • ISO 27001 Certified
    • Indirect tax determination
    • Real-time access
    • Regular penetration testing
    • Regulatory content management
    • S1 transaction data engine
    • SSAE 16 SOC 2 Certified facilities
    • Sales and use tax filing
    • Sales and use tax vendor-charged tax analysis
    • Tax calculator
    • Tax filing
    • Tax paid/not paid on purchases to tax obligation comparison
    • Tax reporting
    • Taxability verification
    • Transaction tracking
    • VAT reporting
    • Value Added Tax (VAT)

    Q. Who are the typical users of Sovos Intelligent Compliance Cloud?

    Sovos Intelligent Compliance Cloud has the following typical customers:

    Large Enterprises, Mid Size Business

    Q. What languages does Sovos Intelligent Compliance Cloud support?

    Sovos Intelligent Compliance Cloud supports the following languages:

    English

    Q. What type of pricing plans does Sovos Intelligent Compliance Cloud offer?

    Sovos Intelligent Compliance Cloud has the following pricing plans:

    Subscription

    Q. Does Sovos Intelligent Compliance Cloud support mobile devices?

    We do not have any information about what devices Sovos Intelligent Compliance Cloud supports

    Q. What other apps does Sovos Intelligent Compliance Cloud integrate with?

    Sovos Intelligent Compliance Cloud integrates with the following applications:

    Magento Commerce, NetSuite, SAP Business One, SAP HANA Cloud Platform, Salesforce Sales Cloud

    Q. What level of support does Sovos Intelligent Compliance Cloud offer?

    Sovos Intelligent Compliance Cloud offers the following support options:

    Phone Support, Online Support