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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.
"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.
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
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
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
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. ✨
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.
⚽ The world is watching 104 matches - but compliance teams are tracking something else entirely. As the world turns its attention to the upcoming tournament, another global competition is unfolding behind the scenes. The race to keep up with accelerating tax and e-invoicing mandates is on. Across some of the competitors, the rules are changing fast. For example: 🇫🇷 France’s 2026 rollout will require platform-based e‑invoicing and real-time reporting. 🇵🇱 Poland is already enforcing centralized invoice clearance through KSeF. 🇧🇷 Brazil continues to set the pace with one of the world’s most mature real-time compliance models. The difference? In this “game”, there is no halftime. No off-season. Explore the starting line-up of our Global TaxScapes for a world view of where mandates are live, rolling out, or coming next. And make sure your team is ready to complete.
Wendy Walker explains why early preparation is essential and how the new 1099‑DA form impacts brokers, custodial platforms, hosted wallet providers and PDAPs in our latest interactive experience. Learn the current future 1099-DA requirements, how to implement them, and how it plays into an organization’s overall tax compliance strategy here:
What does leadership look like when the rules of tax compliance are being rewritten in real time? CEO Kevin Akeroyd sat down with Kelly Phillips Erb for a candid look at what it takes to lead Sovos at the center of global digital tax transformation. Read the full Forbes feature to learn more: https://lnkd.in/e3nEY-fM
