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Sovos Reviews & Product Details

Ramon P.
RP
Consultor de FInanzas SAP y Desarrollador ABAP
Enterprise(> 1000 emp.)
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Sovos?

Our project has gone very quickly. Sovos has been very efficient, doing all the work on time and being very helpful when we needed some extra help. Review collected by and hosted on G2.com.

What do you dislike about Sovos?

Perhaps a Little bit of help when we were trying to understand US tax. Review collected by and hosted on G2.com.

What problems is Sovos solving and how is that benefiting you?

Calculate tax fir our sales transations in the US ans Canada Review collected by and hosted on G2.com.

Sovos Overview

What is Sovos?

Sovos provides businesses with the confidence needed to navigate an increasingly regulated world. Offering a modern, IT driven response to compliance, Sovos’ solutions are scalable, reliable and secure and provide a great user experience. Sovos has more than 100,000 customers, including half the Fortune 500, as well as businesses of every size operating in more than 70 countries. The company’s cloud-based solutions integrate with a wide variety of business applications and government compliance processes. Sovos has employees throughout the Americas and Europe and is owned by Hg and TA Associates.

Sovos Details
Product Website
Discussions
Sovos Community
Languages Supported
English, French, Italian, Dutch, Portuguese, Spanish, Turkish
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Product Description

Sovos solutions include those for modern VAT compliance, U.S. sales and use tax compliance, shipping and distribution compliance, and regulatory and tax information reporting. Our solutions sit atop the Sovos S1 Platform, a unique software architecture, development framework and cloud infrastructure built for the rapidly changing challenges of modern tax.

How do you position yourself against your competitors?

There’s digital transformation. And there’s the other digital transformation. The one countries around the world are embarking on so they can tax companies in real time. At the intersection of regulatory, technological and business transformation, companies need to put tax compliance software where it belongs and will serve them best – in the modern, digital financial core and embedded in all their business transactions. Sovos' mission is to provide true confidence in a regulated world. Our best-in-class solutions allow businesses throughout the globe to stay compliant with ever-changing tax laws and gives them the ability to return the focus on business-critical tasks. Sovos software and services safeguard businesses from the burdens and risk of modern tax, providing coverage for every major form of transaction-level tax compliance in one solution, all from our proprietary S1 platform.


Seller Details
Seller
Sovos
Company Website
Year Founded
2015
HQ Location
Wilmington, MA
Twitter
@SovosCompliance
1,341 Twitter followers
LinkedIn® Page
www.linkedin.com
1,610 employees on LinkedIn®
Description

Sovos is a leading provider of tax compliance and regulatory reporting solutions, specializing in helping businesses navigate the complexities of tax regulations across various jurisdictions. With a focus on automating compliance processes, Sovos offers software solutions that manage sales and use tax, VAT, and other tax obligations, ensuring accuracy and efficiency. Their platform integrates with existing business systems to streamline operations and reduce the risk of compliance errors. For more information, visit their website at [sovos.com](https://www.sovos.com).


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Recent Sovos Reviews

J P.
JP
J P.Mid-Market (51-1000 emp.)
4.5 out of 5
"Well designed platform to handle all tax compliance in ease of use"
Giving all tax compliance related solution in single place and streamlining the process in smoothly.
Verified User
U
Verified UserMid-Market (51-1000 emp.)
3.0 out of 5
"SOVOS for sales tax filing and resale certificates"
Our account manager is very helpful and gets issues resolved quickly
Sahib A.
SA
Sahib A.Small-Business (50 or fewer emp.)
3.0 out of 5
"It's a comprehensive platform designed to handle all your tax compliance needs in one place."
It's a comprehensive platform designed to handle all your tax compliance needs in one place. It helps streamline your tax compliance and smooth the...
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Sovos Media

Sovos Demo - IDC MarketScape: Worldwide SaaS and Cloud Value-Added Tax Software 2021 Vendor Assessment
The IDC MarketScape highlighted Sovos’ use of automation and advanced technology to provide continuous and real-time e-invoicing compliance. According to the report, “multiple customer references cited Sovos’ capability with e-invoicing as one of the major benefits of choosing their solution.”
Sovos Demo - Sovos CertManager
Sovos CertManager makes sure you are audit-ready with immediate access to certificates that are valid and current.
Sovos Demo - Global Tax Determination
Sales and Use Tax, GST, VAT determination
Sovos Demo - Sovos Use Tax Manager
Give your tax team the visibility & control needed on every purchase
Sovos Demo - Sovos Sales and Use Tax Filing
With automated filing, you’ll reduce the risk of audits and eliminate time-consuming compliance work for your team.
Sovos Demo - 2020 SIIA CODiE Award Winner: Sovos Sales & Use Tax Filing
As part of the first global solution for modern tax, Sovos Sales & Use Tax Filing relieves the burden of new and varying sales tax nexus rules by automating filing obligations on behalf of retailers and direct-to-consumer (DtC) manufacturers.
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Video Reviews

83 out of 84 Total Reviews for Sovos

4.1 out of 5
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83 out of 84 Total Reviews for Sovos
4.1 out of 5
83 out of 84 Total Reviews for Sovos
4.1 out of 5

Sovos Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for SovosQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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G2 reviews are authentic and verified.
Anthony T.
AT
Financial Reporting Lead
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Sovos?

We had been on Booke for statutory reporting, and we moved over to Sovos when they were purchased. The experience has been really great. We still have the detailed help guides that Booke had, but there is additional features that we didn't have before, like being able to import PDFs into the software (we do our footnotes in a separate word document and then conver to PDF), and also the ability to export and import excel files of different schedules and make edits as necessary (such as Schedule F). They also have good customer support, and are helpul in answers questions that we have in a timely manner. I just think overall it has all the benefits fo the Booke software, but builds on it with additional new features that enhance the overall experience. Review collected by and hosted on G2.com.

What do you dislike about Sovos?

Coming from the Booke software, I think the Sovos validation checks is a little bit more confusing to follow. I am starting to understand it overall as I have used Sovos for about 3 years, but it just seemed more complicated on how to run it, as well as how to follow the trail, compared to the Booke software (at least at first).

It can take a little bit of time to run PDFs of the statements to review outside of the system, but overall I don't have any dealbreakers that would make me switch to a different platform. Review collected by and hosted on G2.com.

What problems is Sovos solving and how is that benefiting you?

It makes our reporting very efficient and easy to meet our regular deadline involving reporting. Review collected by and hosted on G2.com.

Hillary C.
HC
Accounting Manager
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Sovos?

I've been a user of SOVOS for 8 years now and I have never been more statisfied with a tax reporting tool. They make the process seamless from start to finish. Review collected by and hosted on G2.com.

What do you dislike about Sovos?

In years past, any time I found myself stuck, I would simply call the customer support desk and always had a pleasant experience. The last 2 years have not been the case. It's as though the tech assisting me doesn't understand the issue I'm having or there may be a language barrier. Review collected by and hosted on G2.com.

What problems is Sovos solving and how is that benefiting you?

Since they incorporated the state reporting in addition to the federal reporting once 1099-NEC forms came back as a requirement, this has made our process much easier. Review collected by and hosted on G2.com.

PW
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Sovos?

TIN verification is super easy and 1099 uploads are a breeze. The Sovos Team is easy to work with if there ever are issues to help you thru the process. I enjoy the ability to set up multiple users for the system with varying levels of access. Review collected by and hosted on G2.com.

What do you dislike about Sovos?

We honestly haven't had any issues with Sovos or any dislikes. We have used their system for quite a few years for tax reporting. Review collected by and hosted on G2.com.

What problems is Sovos solving and how is that benefiting you?

Our 1099s are filed thru Sovos - once uploaded and approved by me, they take care of the rest. They mail the forms to our vendors and file with the IRS on our behalf. Price is very reasonable compared with other products. Review collected by and hosted on G2.com.

Sahib A.
SA
E-Commerce Brand Manager
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Sovos?

It's a comprehensive platform designed to handle all your tax compliance needs in one place. It helps streamline your tax compliance and smooth the process for the same. Review collected by and hosted on G2.com.

What do you dislike about Sovos?

It is a complex software to understand and may take time for a user to get used to it. Review collected by and hosted on G2.com.

What problems is Sovos solving and how is that benefiting you?

It assists in accurately charging the correct sales tax rate on orders and facilitates the filing of sales tax returns. Review collected by and hosted on G2.com.

Response from Michelle Yancy of Sovos

Sahib - We appreciate you sharing the benefits you are getting by using the Sovos platform for your sales tax compliance needs.

CB
Enterprise(> 1000 emp.)
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Sovos?

Sovos makes it convienent to check TINs against the vendors name as we on board new vendors. We use this feature on a daily basis. When it comes to uploading and doing a mass check on TINs we get very little errors when processing 1099s. When processing 1099s the Sovos team is very responsive when we have questions or issues. The product is a web based product so we can access it from anywhere and the implementation was very smooth. I would highly recommend their services. Review collected by and hosted on G2.com.

What do you dislike about Sovos?

I wish Sovos would send a curtisey email at the beginning of the year with the instructions on how to upload information into their system for 1099s. This would cover any changes that have been made and would be convient to have in case we have new people or can't locate what was used from a previous year. Review collected by and hosted on G2.com.

What problems is Sovos solving and how is that benefiting you?

It is reducing the amount of time spent processing 1099s and making sure our vendor setups match with the IRS database. Review collected by and hosted on G2.com.

LS
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Sovos?

Upsides of utilizing Sovos is that once you upload your files, Sovos takes care of everything else. If anything does not click they will provide an update so you can resolve and reload the corrected file. At the end of it all, we receive a confirmation of the total amount of 1099s that were filed and in the event we have rejections, we will be notified of that as well. Review collected by and hosted on G2.com.

What do you dislike about Sovos?

There is really nothing that we don't dislike at the moment. Review collected by and hosted on G2.com.

What problems is Sovos solving and how is that benefiting you?

Sovos is providing our firm with up to date tax requirements for our yearly filing of our 1099s. Review collected by and hosted on G2.com.

AT
AKASH BHAYANI
Accounting
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
(Original )Information
What do you like best about Sovos?

this is really quick and user friendly software having great dashboard which provide ease of reporting. Review collected by and hosted on G2.com.

What do you dislike about Sovos?

the price is too high also there is multiple report genration is complex due to which some organisations may face problems. Review collected by and hosted on G2.com.

What problems is Sovos solving and how is that benefiting you?

it helps in reducing compliance buden and help in providing timely compliance of VAT and GST returns of the Organisation. Review collected by and hosted on G2.com.

Response from Michelle Yancy of Sovos

Akash - We appreciate your feedback and are happy to hear that you are finding the software and dashboard easy to use.

J P.
JP
Business Owner
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Sovos?

Giving all tax compliance related solution in single place and streamlining the process in smoothly. Review collected by and hosted on G2.com.

What do you dislike about Sovos?

Difficult to learn in short time and not affordable for startup's. Review collected by and hosted on G2.com.

What problems is Sovos solving and how is that benefiting you?

It provides accuracy in tax rates to firms. Review collected by and hosted on G2.com.

Response from Michelle Yancy of Sovos

JP - Thank you for your feedback.

Jillian J.
JJ
Controller
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Sovos?

Sovos has been extremely helpful for us to ensure our taxes stay in compliance for all the various states that we sell product to Review collected by and hosted on G2.com.

What do you dislike about Sovos?

No real dislikes about Sovos at the moment Review collected by and hosted on G2.com.

What problems is Sovos solving and how is that benefiting you?

Tracking various nexus points and remitting multi state tax returns Review collected by and hosted on G2.com.

Response from Michelle Yancy of Sovos

Jillian - Thank you for your feedback. It is great to hear that the solution is meeting your needs for reporting.

Fahad C.
FC
Account Executive
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about Sovos?

Easy to Access - Understanding values of every persons Review collected by and hosted on G2.com.

What do you dislike about Sovos?

Some Features of this function - Need of guidance Review collected by and hosted on G2.com.

What problems is Sovos solving and how is that benefiting you?

Implementation and ERP related issues Review collected by and hosted on G2.com.