Sovos Compliance
Sovos Compliance, LLC specializes in tax compliance and regulatory reporting software, helping businesses manage their tax obligations effectively. Founded in 1979 and based in Wilmington, Massachusetts, the company offers a range of solutions including Sovos S1, a cloud infrastructure platform for tax compliance, and Taxport, designed for 1099 reporting. Their product lineup also features Tax Determination for simplifying tax processes, E-invoicing for real-time compliance, and various tax reporting solutions tailored for industries such as beverage alcohol and ecommerce. With a customer base exceeding 100,000, including numerous Fortune 500 companies, Sovos provides scalable and secure cloud-based solutions that integrate with diverse business applications. The company's services also encompass sales and use tax automation, VAT compliance, and cryptocurrency tax reporting, addressing the complexities of modern tax regulations across more than 70 countries. Sovos Compliance was previously known as Taxware, LLC before rebranding in 2014.
Top Stages
Past deals in Ecuador
Stupendo
Acquisition in 2021
Stupendo is a company based in Ecuador that specializes in automated e-invoicing services. It offers a range of solutions, including the electronic invoicing of credit notes, electronic contracts documentation, digital electronic policies, and electronic forms. These services are designed to be easily integrated into various e-commerce platforms, allowing clients to streamline their operations and significantly reduce the costs associated with printing and paperwork. Stupendo's operations are regulated by the Internal Revenue Service (SRI) of Ecuador, ensuring compliance with local regulations while providing efficient and reliable invoicing solutions.
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