BusinessPostCorner.com
No Result
View All Result
Tuesday, June 2, 2026
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

Sovos releases features for sales and use tax, data mapping

November 11, 2025
in Accounting
Reading Time: 2 mins read
A A
0
Sovos releases features for sales and use tax, data mapping
ShareShareShareShareShare

Compliance solutions provider Sovos announced expansions to its AI platform, including features such as product tax code classifications for sales and use taxes and data mapping. 

The new Global Tax Determination feature uses AI to analyze  product attributes from ERP and e-commerce systems such as SAP, Oracle and NetSuite to suggest the correct product tax codes with confidence scores, so the team only reviews edge cases while high-confidence classifications process automatically.

The VAT Filing Services feature automatically maps source data to compliance ready formats, eliminating manual file mapping. When the data structure changes or regulations require new fields, users can update their mapping through AI instead of waiting for the Sovos team to reconfigure the integration. This is in contrast to current processes, which often required multiple file reviews, field corrections, and reconfigurations whenever data structures or regulatory requirements changed. 

“With the launch of Sovi AI, we set out to reexamine how compliance is managed inside an organization – identify the inefficiencies, eliminate the redundancies and create scalable processes across the business,” said Sovos CEO Kevin Akeroyd in a statement. “The latest release of Sovi delivers on this goal by replacing manual and mundane tasks with tax compliance intelligence that learns, adapts, and is flexible to the needs of the individual customer.” 

The announcement builds on Sovos’ ongoing efforts toward increasing its AI capabilities. This past July the company announced the launch of its new AI called Sovi—derived from the Latin roots sophia (wisdom) and vis (power)—which operates through natural language and visual interfaces to enable both technical and nontechnical staff to navigate tax compliance. The company at the time stressed that its new AI capacities are not a standalone feature, but part of an intelligent layer embedded throughout the compliance lifecycle.

The new product tax code classifications and data mapping capabilities are available by invitation to early adopters, beginning December 2025.

Credit: Source link

ShareTweetSendPinShare
Previous Post

Alzheimer’s Association’s Accounting Industry Leadership Council to converge in Central Park

Next Post

Andrew shuts down Pitch@Palace business venture

Next Post
Andrew shuts down Pitch@Palace business venture

Andrew shuts down Pitch@Palace business venture

XRP Price Falls Below .30, But Expert Says Something “Is Happening, The SEC is Doing it”

XRP Price Falls Below $1.30, But Expert Says Something “Is Happening, The SEC is Doing it”

May 28, 2026
Berkshire Hathaway to buy Taylor Morrison for .8 billion

Berkshire Hathaway to buy Taylor Morrison for $6.8 billion

May 31, 2026
Why Amy Lee, the niece of Singapore’s first prime minister, helped launch a crypto-friendly bank

Why Amy Lee, the niece of Singapore’s first prime minister, helped launch a crypto-friendly bank

June 1, 2026
A year of grief and waiting: What remains when a plane falls from the sky

A year of grief and waiting: What remains when a plane falls from the sky

June 1, 2026
A rare ‘super’ El Niño is looking more likely. Here’s what to expect

A rare ‘super’ El Niño is looking more likely. Here’s what to expect

May 31, 2026
Taylor Swift just exposed a blind spot in AI law — and it’s bigger than copyright

Taylor Swift just exposed a blind spot in AI law — and it’s bigger than copyright

May 30, 2026
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

Toncoin Revives ‘Gram’ in Bold Bid to Own Telegram’s 900M Users

Toncoin Revives ‘Gram’ in Bold Bid to Own Telegram’s 900M Users

June 2, 2026
It’s not a recession. But Goldman says your paycheck is acting like it

It’s not a recession. But Goldman says your paycheck is acting like it

June 2, 2026

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!