E-Invoicing is both a mandate in some countries and a real potential source of economies for companies around the globe.
As large corporations are struggling to address e-Invoicing globally in a consolidated way, Axway has decided to partner with Sovos, a global tax software provider, to help customers overcome the challenge. Discover the Press Release on our partnership.
Solving the global tax compliance issue
Businesses are under pressure to move indirect tax compliance from the relative calm of periodic reporting to the mission-critical live exchange of their invoices and other key trading documents.
By choosing to integrate its Axway e-Invoicing Services with Sovos, Axway ensures that customers’ invoice flows meet requirements as tax law enforcement becomes more real-time.
As part of this partnership, Sovos’ tax solutions will be packaged with Axway’s e-Invoicing Services, enabling Axway customers to access the full capabilities of the Sovos platform via a unified interface.
This creates a single solution for customers to manage all their global invoice compliance challenges, eliminating the confusion and errors often associated with regional or country-specific solution providers.
Thanks to this partnership, Axway has just released the Axway e-Invoicing Archive service that allows companies to archive all their e-invoices and related documents in one single place, whatever the format and whatever the country.
Sovos was built to solve the complexities of the digital transformation of tax, with complete, connected offerings for tax determination, continuous transaction control compliance, tax reporting, and more.
The company supports more than 8,000 customers, including half of the Fortune 500, operating in over 70 countries. Its SaaS products and proprietary Sovos S1 Platform integrate with a wide variety of business applications and government compliance processes. Sovos has employees throughout North America, Latin America, and Europe, and is owned by Hg and TA Associates.
Learn more about the Axway Partnership program.