Sovos

2d

Miss anything from Sovos in June? Here's your catch-up. 📨✨ We’re back with our monthly social media round up, featuring last month’s top posts, key updates and can’t-miss moments all in one place. And don't forget to subscribe if you haven't already. 📥

Sovos

2d

More than 80 countries now have active e-invoicing or CTC mandates. Several have 2026–2027 deadlines your team needs to act on before year-end. On July 29, Sovos regulatory experts across five regions — North America, Latin America, Europe, Middle East, and Asia Pacific — give you a current read on what's live, what's launching, and where your compliance posture has gaps. One hour. Five regions. Specific dates and actions, not general trends.

Sovos

2d

We ranked 16 World Cup countries — not by goals, but by tax complexity. The winner might surprise you. ⚽ Every country that made it to the Round of 16 has an active or incoming tax compliance mandate. But not all mandates are created equal. We pitted them head-to-head; scored on real-time clearance requirements, jurisdictional fragmentation, rate variability, and pace of regulatory change and let complexity decide who advances. The results weren't always what you'd expect. The USA runs 12,000+ independent tax jurisdictions with 681 rate changes in 2025 alone and no federal framework to unify any of it. Spain operates three overlapping compliance frameworks simultaneously, with two entire regions running separate systems on top. Mexico requires real-time pre-clearance of every transaction through a government-authorized provider — and as of April 2026, the SAT has direct access to platform transactional databases. And that's only a small part of the bracket. Watch the full bracket to see every matchup, every upset, and which country takes the title of world's most complex tax compliance environment. 🏆 If your business operates in any of these markets, the bracket is more than a thought experiment. It's a preview of what your compliance team is up against. Mandates are tightening, deadlines are moving, and the cost of a compliance gap is rising. Sovos covers every country in this bracket (and more!) from a single platform, so your team is ready before the next mandate drop.

Sovos

1w

Seventy-five percent of finance leaders say compliance limitations prevent more strategic decision-making. That's not a technology problem — it's a capacity problem. When compliance teams are consumed by keeping up with mandate changes, filing deadlines, and data reconciliation, there's no bandwidth left for the analysis that actually moves the business forward. Tax data sits at the intersection of every transaction a company makes. Organizations that can operationalize that data — rather than just report it — have a material advantage in forecasting, risk modeling, and market expansion decisions. The gap between compliance as a cost center and compliance as a strategic function comes down to whether your systems are built to handle regulatory change or just absorb it.

Sovos

2w

"Governments now have a real-time view into a company's tax data, but many businesses are still trying to piece that same picture together across disconnected systems." — Kevin Akeroyd, CEO, Sovos. That's the gap Sovos Intelligence was built to close — and today we announced its full commercial availability. Sovos Intelligence™ is the intelligence layer across the Sovos Indirect Tax Suite. It draws on data from Compliance Network, VAT Filing, and SAF-T to produce a reconciled, cross-system view that none of those products surfaces on its own. Tax and finance teams can detect discrepancies, reconcile data across systems, and build an auditable record of their compliance position before regulators flag anything. The centerpiece of this release is the Reconciliation Rules Engine, built around what we call Mirror Visibility™ — a single governed data model designed to reflect how tax authorities see your data. It continuously cross-references transactional, declarative, and audit data, applies customer-defined matching logic at scale, and classifies every outcome. Only exceptions requiring human judgment get escalated. Every rule application is logged and auditable, replacing a process that most compliance teams currently handle manually. Sovos Intelligence is available globally.

Sovos

2w

New e-invoicing mandate on your radar? You're not alone. 65+ countries now require some form of continuous transaction control — clearance, real-time transmission, post-audit, or a mix. Tracking which rules apply where, and when they change, is a full-time job before you've filed a single invoice. Sovos Compliance Network handles the mandate monitoring, format requirements, and government portal connections — so your team isn't doing it manually every time a jurisdiction updates its rules. See how it works: https://lnkd.in/e5sQhZwF

Sovos

2w

Financial services firms don't have a compliance awareness problem. They have a data alignment problem. New research from Sovos and CFO Dive puts numbers to it: 46% of respondents say ERP and platform integration is their biggest indirect tax challenge. Only 39% have consolidated systems in place. That gap is where errors live. When billing systems, payments platforms, and tax engines aren't connected, misclassifications and missed exemptions compound quietly — and surface as audit findings. The firms closing that gap aren't just reducing risk. They're building a foundation for faster, more defensible reporting. Full report: https://ow.ly/WUQb50ZiLhP

Sovos

3w

AI can process thousands of tax rules in seconds. It can't read a contract addendum, interpret a regulator's intent, or make a judgment call on a gray-area exemption. Those two facts sit at the center of every serious conversation about AI in tax compliance right now. The technology is genuinely useful — but the claims made about it often outrun what it actually does in practice. Our latest blog cuts through that gap. It covers three things: → Where AI adds real value in tax determination (high-volume, rules-based decisions at scale) → Where human judgment stays in the loop — nexus edge cases, exemption disputes, audit responses, anything where context matters → How tax teams are structuring the handoff between the two The teams getting this right aren't choosing between automation and expertise. They're deciding where each one belongs. ⚖️ If you're evaluating AI for your tax determination workflow — or explaining to leadership what it can and can't replace — this is a practical place to start. Read the full post here: https://lnkd.in/euyFCjRP

Sovos

1mo

Big ideas, real momentum, and meaningful conversations — Consensus 2026 in Miami delivered 🌴 It’s clear the future of finance isn’t coming. It’s already here, driven by the convergence of digital assets, traditional finance, and emerging tech. Through conversations, we came back with some real, valuable insights into our industry and where its heading next. A few standout takeaways: • Institutional adoption is accelerating • Tokenization is moving from concept to execution • AI + blockchain is gaining real traction • Regulation remains central to progress and trust • Collaboration is driving the next phase of growth Great to connect with so many leaders shaping what’s next. Excited to see where the industry goes from here. ✨

Sovos

1mo

Great to be part of the Gartner Finance Symposium/Xpo. It was an incredible event filled with forward-thinking conversations. 🙌 A big thank you to everyone who stopped by our booth and connected with the team. We truly appreciate the engagement! As expected, AI dominated the conversation, but the focus has clearly shifted to making it work in practice. We also took the stage to discuss AI ROI in finance, highlighting a critical truth: success isn’t just about the models — it’s about the data behind them. A few key themes that stood out: ➡️ Treat AI like an investment portfolio Balance quick wins with long-term strategy to drive real impact. ➡️ It’s not the AI—it’s the data 71% of finance teams say AI isn’t delivering, and data readiness is often the gap. ➡️ AI washing is real Transparency and auditability matter more than ever, and not all AI is created equal. Every response via Ask Sovi is cited, every confidence score is honest, and every human decision is recorded for audit purposes. The takeaway: real progress with AI comes down to data, strategy and trust. Let’s keep the conversation going.