Software Alternatives & Reviews

Sovos Compliance VS Thomson Reuters ONESOURCE

Compare Sovos Compliance VS Thomson Reuters ONESOURCE and see what are their differences

Sovos Compliance logo Sovos Compliance

True Confidence for a Regulated World

Thomson Reuters ONESOURCE logo Thomson Reuters ONESOURCE

ONESOURCE tax software and solutions synchronize every aspect of your work and link international, country, state and local tax laws.
  • Sovos Compliance Landing page
    Landing page //
    2023-10-08

Sovos is a global provider of tax, compliance, and trust solutions and services that enable businesses to navigate an increasingly regulated world with true confidence. Purpose-built for always-on compliance capabilities, our scalable IT-driven solutions meet the demands of an evolving and complex global regulatory landscape. Sovos’ cloud-based software platform provides an unparalleled level of integration with business applications and government compliance processes.

More than 100,000 customers in 100+ countries - including half the Fortune 500 – trust Sovos for their compliance needs. Sovos annually processes more than three billion transactions across 19,000 global tax jurisdictions. Bolstered by a robust partner program more than 400 strong, Sovos brings to bear an unrivaled global network for companies across industries and geographies. Founded in 1979, Sovos has operations across the Americas and Europe, and is owned by Hg and TA Associates. For more information, visit http://www.sovos.com and follow us on LinkedIn and Twitter.

  • Thomson Reuters ONESOURCE Landing page
    Landing page //
    2023-04-06

Sovos Compliance

Categories
  • Financial Services
  • Retail
  • Manufacturing
  • Digital Services
  • Insurance
  • New Economies
Website sovos.com

Thomson Reuters ONESOURCE

Categories
  • eCommerce
  • Tax Preparation
  • Accounting
  • Tax Compliance
Website tax.thomsonreuters.com

Category Popularity

0-100% (relative to Sovos Compliance and Thomson Reuters ONESOURCE)
eCommerce
27 27%
73% 73
Tax Preparation
26 26%
74% 74
Tax And Compliance Software
Accounting
0 0%
100% 100

Questions and Answers

As answered by people managing Sovos Compliance and Thomson Reuters ONESOURCE.

Why should a person choose your product over its competitors?

Sovos Compliance's answer

Sovos offers purpose-built cloud solutions and services for regulatory compliance to 100+ countries in support of more than 19,000 separate tax jurisdictions. Specializing in solutions for Value Added Tax (VAT), Tax and Regulatory Information (TIR), Sales and Use Tax (SUT) and Beverage Alcohol compliance.  

What makes your product unique?

Sovos Compliance's answer

Sovos is guided by six organizational core values: Be Adaptable, Be Proactive, Be Collaborative, Be Professional, Be Accountable and Be Inclusive.

User comments

Share your experience with using Sovos Compliance and Thomson Reuters ONESOURCE. For example, how are they different and which one is better?
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Social recommendations and mentions

Based on our record, Thomson Reuters ONESOURCE seems to be more popular. It has been mentiond 1 time since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Sovos Compliance mentions (0)

We have not tracked any mentions of Sovos Compliance yet. Tracking of Sovos Compliance recommendations started around Mar 2021.

Thomson Reuters ONESOURCE mentions (1)

  • Portfolio questions for someone building a portfolio
    That's exactly my difficulty - all the work I had done is behind a paywall and requests of access or demos. One of their major competitors Thomson Reuters One Source. Source: about 3 years ago

What are some alternatives?

When comparing Sovos Compliance and Thomson Reuters ONESOURCE, you can also consider the following products

Avalara - Cut tax compliance costs, not corners. Avalara automates tax compliance and can help improve accuracy while reducing costs.

TaxJar - TaxJar simplifies sales tax filing for eCommerce sellers.

Octobat - Octobat provides automated tax-compliance and accounting for digital businesses.

Vertex Cloud - Vertex Cloud offers sales and use tax automation solutions.

Taxamo - SaaS solution for the new 2015 EU VAT rules

Vertex O Series - Centralize and streamline indirect tax management across the enterprise.