Sovos offers comprehensive tax information reporting solutions designed to simplify 1099 reporting, mitigate risks, and ensure complete compliance for organizations of all sizes. Their cloud-based platform streamlines and automates time-consuming processes, allowing businesses to focus on core operations while staying compliant with evolving regulations. Sovos provides real-time updates, expert-backed solutions, and industry-leading security measures to protect sensitive information. The software suite includes features such as real-time and bulk TIN validations, seamless integration with existing systems, direct-state reporting support, and automated corrections. With tiered pricing options, Sovos caters to individual filers, small to mid-sized businesses, and high-volume enterprise clients. Their managed services option further streamlines tax information reporting by outsourcing the entire process, enabling organizations to redirect internal resources to core business activities.

Sovos ACA Reporting Software is a powerful solution designed to streamline Affordable Care Act (ACA) compliance for health insurers and companies with 50 or more full-time employees. This software simplifies the filing process for Forms 1094-B, 1095-B, and 1095-C, significantly reducing the time and effort required for ACA reporting. By automating complex reporting tasks, it helps organizations avoid costly penalties associated with inaccurate or late submissions of sensitive data. The software addresses the challenges faced by businesses, which often spend hundreds of hours annually on ACA compliance, with a substantial portion of that time dedicated to error correction. By leveraging this efficient tool, companies can ensure accurate and timely ACA reporting while freeing up valuable resources to focus on core business activities.

Carrier Compliance is a specialized solution designed for common carriers in the U.S. alcohol industry. It simplifies the process of tracking and maintaining license statuses for direct-to-consumer (DtC) shipments. This tool creates a centralized online platform where alcohol carriers can efficiently review, filter, export, and integrate license information into their in-house systems. By leveraging Sovos ShipCompliant's extensive customer license information database, Carrier Compliance helps mitigate risks and ensures compliance with state requirements. It's particularly valuable for non-ShipCompliant customers who need to maintain their license information. The solution streamlines operations, enhances regulatory compliance, and provides a user-friendly interface for managing crucial licensing data in the alcohol distribution sector.

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, SAF-T, and eArchive functionalities. This integrated approach allows companies to maintain a consistent global compliance strategy while scaling their operations. By providing a cost-effective, secure, and flexible solution, Sovos empowers businesses to navigate the complexities of global tax compliance and withstand the disruptions caused by evolving CTC trends.

Sovos Education Services offers comprehensive training and educational resources for insurance industry professionals. Led by experts, these services provide flexible learning opportunities to reduce operational risk and ensure employees have the right information and training. The offerings include real-time educational trainings, customized sessions, on-demand courses, and comprehensive manuals covering areas such as NAIC statutory statement preparation, accounting guidance, and statutory accounting theory for various insurance sectors. Participants can earn CPE credits while accessing content anywhere, anytime, and on any scale. The program features shorter pop-up webinars on current topics and important regulatory changes, as well as access to an extensive on-demand course library. Sovos Education Services aims to boost internal training programs and provide the most comprehensive manuals in the insurance industry for annual statement and federal income tax preparation.

Sovos Statutory Reporting Software is a comprehensive solution designed to streamline and automate insurance statutory reporting processes. It addresses the time-consuming and complex tasks associated with regulatory compliance, such as reporting to the National Association of Insurance Commissioners (NAIC) and states, cross-checking data, and monitoring filing changes. By automating these manual processes, the software helps insurance companies save time, reduce errors, and focus on more strategic activities. Sovos Statutory Reporting Software, formerly known as Wings Insurance Software, offers a range of features to simplify annual and quarterly statement preparation, data entry, and financial statement annotation. The solution aims to alleviate the burden of compliance, allowing insurance companies to improve efficiency and accuracy in their statutory reporting obligations.

LabelVision is a sophisticated visual search engine designed for the alcohol beverage industry. It provides access to a vast database of 1.5 million federally approved alcohol beverage labels, offering powerful tools for brand protection and market intelligence. This innovative solution caters to wineries, breweries, distilleries, importers, and distributors, enabling them to navigate the complex landscape of beverage alcohol compliance with ease and efficiency. LabelVision's comprehensive features allow users to conduct visual searches, track market trends, and ensure their labels meet regulatory standards. As a product of Sovos ShipCompliant, a trusted partner in beverage alcohol compliance, LabelVision leverages industry expertise to deliver a robust platform that streamlines label management processes and provides valuable insights for strategic decision-making in the competitive alcohol beverage market.

Market Ready is a comprehensive solution designed to streamline and automate compliance processes for businesses operating within the three-tier alcohol distribution system. This innovative tool significantly reduces the time and effort required for expanding into new states by centralizing and automating various compliance tasks. Market Ready offers seamless integration with multiple government systems, streamlines product and brand label registrations, and serves as a central repository for all brand compliance data. It provides a centralized project management tool to track state requirements, forms, and important license renewal deadlines. Additionally, it guides users through all aspects of distribution compliance, including state license forms, brand registration requirements, and tax compliance. Market Ready is an essential tool for businesses looking to efficiently navigate the complex regulatory landscape of alcohol distribution across multiple states.

Product Registration Online (PRO) is a specialized software solution designed for suppliers, distributors, and importers in the alcoholic beverage industry. It streamlines the process of brand and label registrations for beer, wine, spirits, and no-COLA products in participating states. PRO offers a fast and efficient electronic registration system that significantly reduces approval times, allowing businesses to bring new products to market more quickly compared to traditional paper filing methods. The software's integration with the Alcohol and Tobacco Tax and Trade Bureau (TTB) automates the retrieval of Certificate of Label Approval (COLA) information, eliminating the need for manual searches in federal databases. This comprehensive tool aims to simplify compliance procedures and accelerate product launches in the highly regulated alcoholic beverage sector.

Product Registration Online (PRO) is an advanced e-file solution designed for brand and label registrations, offering state administrators streamlined processes for viewing and approving submissions. Integrated directly with the TTB COLA database, it reduces errors in brand registration data and adapts to unique state regulations, including fee structures. Used by over 750 licensees across 15 states, PRO ensures a familiar and efficient platform for users. States adopting PRO experience significantly reduced workloads and faster approval times, averaging just two days.