BUSINESS

Sovos launches AI solution for tax compliance

Tax compliance solutions provider Sovos has unveiled Sovi AI, an artificial intelligence and machine learning (AI and ML) suite designed to enhance tax compliance.

The embedded AI engine offers intelligent automation across the Sovos Tax Compliance Cloud platform, providing insight, automation, and reliability for e-invoicing, taxation, and regulatory reporting.

Sovos CEO Kevin Akeroyd said: “Sovi is not just smart, it is Sovos smart. It understands the nuances of global tax compliance better than any other product or solution on the market.

“It codifies Sovos’ global tax compliance and regulatory expertise, developed across the 15 billion transactions we process every year in almost 20,000 tax jurisdictions worldwide.”

Sovi AI is operational in Sovos solutions, featuring biometrics for face and liveness detection, image recognition, and secure authentication within Sovos Trust solutions.

According to the group, Sovi AI offers organisations the ability to boost their operational efficiency by providing self-service analytics.

Additionally, Sovi AI delivers clarity by using conversational AI and dashboards, which help identify underlying issues and uncover potential opportunities.

Furthermore, it ensures “unlimited” scalability, equipping businesses with future-proof compliance solutions that can adapt to any country’s regulations, manage any volume of data, and handle complex scenarios.

The roadmap for Sovi AI includes expansions such as AI compliance checks, Ask Sovi for embedded assistants, automated mapping tools for goods and services classification, and intelligent document agents for automating accounts payable processes.

Sovos chief product officer Swati Garodia said: “Sovi AI brings both precision and depth to the complex world of tax compliance. Sovi seamlessly switches perspectives from macro-level global mandates to micro-level transaction risk, helping businesses stay compliant with unprecedented clarity and intelligence.”

In March 2025, Sovos partnered with PwC Ireland to transform the e-invoicing and e-reporting landscape.

The collaboration aims to accelerate system implementation in response to increasing government mandates across the EU and globally.

The partnership expanded on Sovos’ existing collaboration with PwC, initially established with PwC Belgium, combining tax compliance expertise and technological solutions from both organisations.

“Sovos launches AI solution for tax compliance ” was originally created and published by International Accounting Bulletin, a GlobalData owned brand.


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