Sovos Continuous Transaction Controls (CTC) is a comprehensive tax technology solution designed to help businesses comply with evolving global tax regulations. It addresses the increasing trend of tax administrations requiring detailed transaction records or involvement in the invoicing process. The solution offers a standardized approach to tax compliance across various jurisdictions and enterprise systems, enabling businesses to adapt to legal and business changes efficiently. As part of Sovos' VAT Compliance Solution Suite, CTC services include reporting, e-invoicing, periodic reporting,...
Vendor
Sovos Compliance
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Sovos Continuous Transaction Controls (CTC) is a comprehensive tax technology solution designed to help businesses comply with the evolving landscape of global tax regulations. As tax administrations increasingly demand real-time or near-real-time access to transaction data, Sovos CTC provides a standardized, scalable approach to meet these requirements across multiple jurisdictions and enterprise systems.
Key Features
Global Compliance Strategy Sovos CTC enables businesses to adopt a consistent global compliance approach that adapts to various legal and business changes.
- Scalable across all jurisdictions and enterprise systems
- Flexible connection to a single provider for streamlined management
Comprehensive VAT Compliance Suite The solution is part of Sovos' broader VAT Compliance Solution Suite, offering integrated services for complete tax compliance.
- Includes CTC services such as reporting and e-invoicing
- Incorporates Sovos Periodic Reporting, SAF-T, and Sovos eArchive
Benefits
Cost-Effective and Secure Solution Sovos CTC provides a robust platform to manage tax compliance efficiently and securely.
- Helps businesses withstand disruptions from global CTC trends
- Offers a secure environment for handling sensitive tax data
Adaptability to Regulatory Changes The solution is designed to keep pace with the rapidly changing tax regulatory landscape.
- Continuous legal monitoring to ensure up-to-date compliance
- Empowers businesses to respond quickly to new tax administration requirements