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Taxify, by Sovos

Score7.2 out of 10

5 Reviews and Ratings

What is Taxify, by Sovos?

Sovos Compliance now offers Taxify, a tax management, processing, and compliance application.

Categories & Use Cases

Top Performing Features

  • Sales and Use Taxes

    Software is capable of calculating and filing sales and use taxes.

    Category average: 9.1

  • Cross-border Taxes

    Software is capable of calculating and filing taxes, such as customs, across countries.

    Category average: 8.3

  • VAT / GST Taxes

    Ability to calculate and manage VAT and GST taxes.

    Category average: 8.1

Areas for Improvement

  • Compliance Administration Management

    Ability to facilitate tax preparation, filing, and tax remittances across local, state, and federal jurisdictions.

    Category average: 8.4

  • Tax Exemption Processing

    Ability to generate, track, exemption certificates from sales invoices.

    Category average: 8.3

  • Tax Document Management

    Collection and storage of tax documents, especially exemption certificates, and ability to retrieve them to use for tax audits.

    Category average: 8.4

In my opinion, Don't waste your money or time

Use Cases and Deployment Scope

we use their Veratax for Sales Tax rate downloads (software is fine, gets the job done) and we use Taxify, by Sovos for our Gross Sales & Use Sales Tax filings- in my experience, software is unreliable and customer service is not supported enough to make downloads accurate for submission- a lot of manual work needed to submit to States. Would not recommend.

Pros

  • veratax download
  • ticket system is average
  • average communication from rep via email

Cons

  • in my opinion, customer service could improve
  • in my opinion, implementation could be better to ensure accurate reporting
  • in my opinion, better rep support and pricing for smaller term contracts

Return on Investment

  • manual work to get accurate info- increase in manpower & time for accurate submissions
  • increase in time w. rep to fix or address issues without resolution

Alternatives Considered

Avalara

Other Software Used

Avalara