Sovos
Sovos provides a global tax compliance platform for e-invoicing, indirect taxes, information reporting, and identity & trust.
Last updated September 11, 2026
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Overview
Sovos offers an AI-ready global tax compliance platform that automates e-invoicing, indirect taxes, information reporting, and identity & trust. Its Compliance Cloud Platform includes an Indirect Tax Suite, e-Invoicing, Tax Determination, Filing & Reporting, Sovos Intelligence, an Information Reporting and Withholding Suite, 1099 Reporting, Crypto Tax Compliance, Tax Withholding, ACA Reporting, and specialty products such as Unclaimed Property, Compliant Shipping for Wines and Spirits, Statutory Reporting for Insurance, and Trust & Identity Verification in Latin America. The company states that it is trusted by half the Fortune 500, that 100K+ companies use Sovos globally, that 16B transactions were processed last FY, that 150+ tax experts influence regional authorities, that its platform covers ~200 countries, and that customers report 80+% reduced tech maintenance costs (Philips) and 34% fewer B notices and penalty notices (Nationwide).
Products and positioning
AI-powered global tax compliance advantage; one global platform for tax and regulatory compliance needs.
Sovos Compliance Cloud Platform
One global platform for tax and regulatory compliance needs, including Indirect Tax Suite, e-Invoicing, Tax Determination, Filing & Reporting, Sovos Intelligence, Information Reporting and Withholding Suite, 1099 Reporting, Crypto Tax Compliance, Tax Withholding, ACA Reporting, and specialty products.
Recent events
Reported
Sovos launches Advanced Periodic Reporting platform[2]
Sovos announced the availability of its Advanced Periodic Reporting cloud platform for automating and centralizing indirect tax compliance processes.
Reported
Sovos acquires Acepta's digital enablement business[3]
Sovos announced that it had acquired the digital enablement business of Chile-based Acepta. The acquired business provides e-invoicing, e-receipt, e-document and digital certificate solutions; its SMB platform is used by customers in Chile, Peru and Colombia.
- Unconfirmed
Reported
Sovos acquires Fit Sistemas[4]
Tax software provider Sovos bought Fit Sistemas, a Brazilian provider of cloud-based regulatory reporting and electronic invoicing solutions. The acquisition extends Sovos' SPED capabilities and coverage of the Brazilian tax environment.
Reported
Sovos announces acquisition of Fit Sistemas[5]
Sovos announced that it acquired Brazil-based Fit Sistemas, a provider of cloud-based regulatory reporting and electronic invoicing solutions, expanding Sovos's SPED reporting capabilities in Brazil.
Reported
Sovos ranked in Training magazine’s Top 100[6]
Sovos was recognized by Training magazine as one of 100 companies worldwide for its employer-sponsored training and development programs, ranking No. 37.
- Unconfirmed
Reported
Sovos Global Tax Determination 8.8 achieves SAP integration certification[7]
Sovos announced that Global Tax Determination version 8.8 achieved SAP certification for integration with SAP S/4HANA and SAP S/4HANA Cloud.
- Unconfirmed
Reported
Sovos acquires Accordance[8]
Tax software provider Sovos acquired Accordance, a U.K.-based value-added tax managed-services company. Financial terms were not disclosed.
Reported
Sovos Sales & Use Tax Filing wins 2020 CODiE Award[9]
Sovos announced that its Sales & Use Tax Filing product won the 2020 SIIA CODiE Award for Best Compliance Solution.
Reported
Sovos acquires Booke Seminars[10]
Sovos announced that it had acquired Booke Seminars, adding its insurance-industry educational seminars and federal income tax filing and compliance software to Sovos' offerings.
Reported
Sovos recognized in Training magazine's Top 125 and First 48 program receives Best Practice award[11]
Training magazine recognized Sovos among 125 companies worldwide for employer-sponsored training and development programs, and recognized Sovos's First 48 onboarding program with a Best Practice award.
Sources11 sources
- 1Always-On Tax Compliance | Sovossovos.com
- 2Sovos推出Advanced Periodic Reporting平台prweb.com
- 3Sovos收购Acepta的数字化业务prweb.com
- 4Sovos 收购 Fit Sistemasaccountingtoday.com
- 5Sovos宣布收购Fit Sistemasprweb.com
- 6Sovos入选《Training》杂志百强榜prweb.com
- 7Sovos Global Tax Determination 8.8获得SAP集成认证prweb.com
- 8Sovos收购Accordanceaccountingtoday.com
- 9Sovos Sales & Use Tax Filing 获得 2020 CODiE 奖prweb.com
- 10Sovos收购Booke Seminarsprweb.com
- 11Sovos入选《Training》杂志Top 125,First 48项目获最佳实践奖prweb.com
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