What users are saying about
This review does not include a rating.
15 Ratings
This review does not include a rating.
15 Ratings
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Score 10 out of 100

Feature Set Ratings

    Type of tax

    Bloomberg Tax Advantage

    Feature Set Not Supported
    N/A
    9.3

    LOVAT

    93%
    LOVAT ranks higher in 2/2 features

    Sales and Use Taxes

    N/A
    0 Ratings
    9.5
    95%
    8 Ratings

    VAT / GST Taxes

    N/A
    0 Ratings
    9.1
    91%
    12 Ratings

    Tax Reporting & Compliance

    Bloomberg Tax Advantage

    Feature Set Not Supported
    N/A
    9.2

    LOVAT

    92%
    LOVAT ranks higher in 4/4 features

    Geolocation for Tax Assessment

    N/A
    0 Ratings
    9.2
    92%
    12 Ratings

    Tax Data Reporting

    N/A
    0 Ratings
    9.2
    92%
    12 Ratings

    Compliance Administration Management

    N/A
    0 Ratings
    9.1
    91%
    11 Ratings

    Tax Document Management

    N/A
    0 Ratings
    9.4
    94%
    12 Ratings

    Attribute Ratings

      Likelihood to Recommend

      Bloomberg Tax Advantage

      N/A
      0 Ratings
      9.5

      LOVAT

      95%
      12 Ratings

      Likelihood to Recommend

      Bloomberg

      No answers on this topic

      LOVAT COMPLIANCE LTD

      You need a way to calculate VAT on your remote sales and store tax documents electronically. As part of your evaluation, I would include LOVAT as an option. With LOVAT, we can also avoid asking clients to provide additional information at check out, which keeps our conversion rate higher. It's so easy to upload tax data, calculate VAT, and submit VAT forms
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      Pros

      Bloomberg

      No answers on this topic

      LOVAT COMPLIANCE LTD

      • Variety of subscription plans which are flexible thanks to possibilities of purchasing various add-ons.
      • Tax audit reports which are available for download is a great feature that allows us to have a deeper look to our transactions from different sales channels of ours.
      • The support team in always helped us with difficulties or questions that we had on different stages while working with LOVAT
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      Cons

      Bloomberg

      No answers on this topic

      LOVAT COMPLIANCE LTD

      • Some processes take extra time
      • It will take some time and preferably a demo call with the support team to learn how to use the software yourself
      • Unfortunately, consultation on really difficult questions can be obtained only for an additional fee
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      Pricing Details

      Bloomberg Tax Advantage

      Starting Price

      Editions & Modules

      Bloomberg Tax Advantage editions and modules pricing
      EditionModules

      Footnotes

        Offerings

        Free Trial
        Free/Freemium Version
        Premium Consulting/Integration Services

        Entry-level set up fee?

        No setup fee

        Additional Details

        LOVAT

        Starting Price

        $40 Best option for small sellers and new companies

        Editions & Modules

        LOVAT editions and modules pricing
        EditionModules
        Start-Up40/month1
        Standard80/month2
        Premium500/month3

        Footnotes

        1. Best option for small sellers and new companies
        2. Most popular option for your VAT Compliance
        3. Top quality level of VAT Compliance

        Offerings

        Free Trial
        Free/Freemium Version
        Premium Consulting/Integration Services

        Entry-level set up fee?

        No setup fee

        Additional Details

        For the complete version of the pricing with all addons and to calculate your fee please visit our website

        Alternatives Considered

        Bloomberg

        No answers on this topic

        LOVAT COMPLIANCE LTD

        Lovat is a product which is favorable in terms of cost, unlike the many tax software which are expensive and not affordable.Also, Lovat has some flexibility, where different procedures based on the companies demands can be personalized to suit its needs. Lastly, Lovat works in hand with the many programs that are in the accounting area.
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        Return on Investment

        Bloomberg

        No answers on this topic

        LOVAT COMPLIANCE LTD

        • Good functionality and regular update of the services.
        • This software is a good value for money especially taking into account a not very high price.
        • The support team is professional but available only at weekdays.
        • For the moment the support language is only English that may cause some inconvenience.
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        Screenshots

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