Sovos Global Tax Determination .0.0.1 Achieves SAP Certification through the “Co-Innovated with SAP” Program
Summary
The “Co-Innovated with SAP” program is designed to help partners through the development lifecycle that culminates in an SAP-certified and tested solution against SAP product standards. It is an end-to-end program of guided services offered by the Partner Innovation Lifecycle Services organization that helps partners take their products to market in close alignment with other SAP teams (product management, solution management, development and field), thereby providing the guidance and support to help ensure a competitive solution in the marketplace. “Tax authorities change regulations frequently, which increases the complexity of compliance at a time when many companies are engaged in extensive IT modernization efforts,” said Pawel Smolarkiewicz, chief product officer at Sovos. “Sovos helps keep implementations on track with user-centric solutions that simplify real-time tax determination and deliver industry-leading response times, reliability and continuously accurate regulatory analysis and content.” Nandagopal Prasad, Senior Vice-President and Head of Partner Innovation Lifecycle Services from SAP commented, “The Co-innovation engagement with SAP led to a product that allows Sovos Compliance, LLC (Sovos) to tap into the opportunities related to SAP S/4HANA Cloud and addresses the significant market demand for offerings from partners in the U.S. tax domain. Sovos supports more than 7,000 customers, including half of the Fortune 500, and integrates with a wide variety of business applications.
