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Sovos launches global tax compliance intelligence platform

Sovos launches global tax compliance intelligence platform

Wed, 8th Jul 2026 (Today)
Karen Joy Bacudo
KAREN JOY BACUDO Finance Editor

Sovos has made its Sovos Intelligence platform commercially available to indirect tax compliance teams worldwide.

The launch expands a platform first introduced last year, as governments step up real-time checks of e-invoicing records, VAT returns and audit files. The software is designed to give companies a single view of tax data across those reporting streams.

Tax authorities in many jurisdictions now compare business records continuously rather than relying mainly on periodic audits. That shift has increased pressure on finance and tax departments to reconcile information held in different systems before discrepancies attract regulatory attention.

The latest version adds a reconciliation engine that matches e-invoicing data, VAT submissions and SAF-T audit datasets. It applies customer-defined rules, classifies records as matched, unmatched, or exceptions, and maintains an audit trail for each rule application.

Sovos calls this approach "Mirror Visibility": a governed data model that reflects how tax authorities compare and assess compliance data. In practice, it includes checks for duplicate invoices, reconciliation between vendor reports and company submissions, and cross-referencing of transactional, declarative and audit information.

For multinational groups, one of the main challenges is that indirect tax reporting often spans separate tools, local reporting systems, and business applications. Reconciling those records can be labour-intensive, especially when companies need to compare submitted invoice data with tax returns and digital audit files.

Kevin Akeroyd, Chief Executive Officer at Sovos, outlined the company's view of that problem.

"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," Akeroyd said.

"Sovos Intelligence closes that gap by giving tax and finance teams a continuous, authority-aligned view of their compliance position. Armed with this information, they can detect issues, reconcile data, and prove accuracy with regulators."

New functions

Beyond the reconciliation engine, the updated platform includes a direct connector to the Sovos Compliance Network to ingest transactional e-invoicing data. It also lets users import data from non-Sovos sources, allowing businesses to build reconciliation views even when transaction data or filings originate in other systems.

Another feature, described as a "Report of Reports", creates a semantic model from each analysis run, so that a single set of outputs can be used for a further layer of review. Sovos has also added natural language analytics through its Ask Sovi AI tool, allowing users to pose compliance questions in plain language and receive tabular results, saved queries and visualisations.

The platform now includes asynchronous export for larger reconciliation datasets, intended to preserve audit evidence for authorised users across different locations and time zones. Users can also build custom business intelligence dashboards and add comments directly to individual report rows as part of reconciliation work.

These additions reflect a broader push in tax software beyond filing returns and transaction reports toward ongoing data review. Vendors increasingly position tax systems as control layers that identify mismatches before filings are challenged.

Suite strategy

The platform is designed to sit across Sovos' Indirect Tax Suite and draw data from its Compliance Network, VAT Filing and SAF-T products. The aim is to create a cross-system compliance view without requiring customers to build their own links between tools.

That matters because many large companies still manage indirect tax through a mix of internal systems, specialist local software and spreadsheets. Bringing those datasets into a single reconciled record has become increasingly important as governments expand e-invoicing mandates and digital reporting regimes.

Ryan Ostilly, Vice President of Product Management at Sovos, said the company sees the issue as an immediate operational challenge rather than a longer-term one.

"The compliance intelligence gap is not a future risk. It's today's operational reality for multinational enterprises," Ostilly said.

"Sovos Intelligence was designed with one goal, to give tax and finance teams the same view of their data that the authority has, continuously. We have expanded this vision into a full cross-system intelligence layer, and this is just the beginning: we'll soon be extending these powerful insights to U.S. tax compliance obligations, including sales tax and information reporting and withholding."

The platform is available globally. Sovos says it processes more than 50 billion transactions a year and serves more than 100,000 customers across more than 150 countries.