Efficient, Automated, and Easy way for VAT reporting and Tax Management
August 26, 2021

Efficient, Automated, and Easy way for VAT reporting and Tax Management

Paul Moores | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Review Source

Overall Satisfaction with LOVAT

We use Lovat platform for VAT filing, which is a credible business operation. The software offers clear video instructions. That is very helpful. More so, LOVAT developer issues some documentations for simple learning. I can do my tax reporting without any problems. Lastly, LOVAT focuses on tax compliance, which ensures no state collisions due to failure of accomplishing the set laws.

  • Professional support, with short waiting time for answer
  • Free trial period. That helps to test the software before purchase
  • Regular updates according to the TAX rules and requirements in different countries
  • The support is only in English
  • No available support during weekends
  • Some search option of a specific transaction would be helpful
  • 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.
The good pricing and short time of waiting answer from the Lovat team became the striking point when making a choice. More so, Lovat has elaborate VAT procedures for several countries, making the program efficient in many states. The demos or video explanations increase the understanding of the users, more so the new subscribers.

Do you think LOVAT delivers good value for the price?

Yes

Are you happy with LOVAT's feature set?

Yes

Did LOVAT live up to sales and marketing promises?

Yes

Did implementation of LOVAT go as expected?

Yes

Would you buy LOVAT again?

Yes

It's well suited for e-commerce companies that sell abroad in various regions since it collects all the different data from different regions in countries in one place. However, for domestic sales it can't be the best solution as probably your domestic accountancy will require more professional tools. The program also supports tax compliance and accountability for companies.

LOVAT Feature Ratings

Sales and Use Taxes
10
VAT / GST Taxes
9
Geolocation for Tax Assessment
10
Tax Data Reporting
10
Compliance Administration Management
10
Tax Document Management
10