Global compliance technology solutions and services provider Sovos this week announced a collaboration agreement with KPMG in Canada, an extension of the Sovos Strategic Alliance with KPMG in the U.S. which was established last year.
According to a release, collaboration with KPMG in Canada will provide Sovos clients with access to a “suite of tax compliance offerings, including tax determination, reporting and exemption certificate management.”
Additionally, KPMG in Canada will leverage Sovos’ expertise in tax technology and provide its clients with enhanced tax compliance services, including:
- Automated, accurate and comprehensive content supporting the combination of GST/HST/QST/PST rates and rules applying across Canada, as well as VAT coverage across the world.
- Consolidated data for accurate tax calculation within a single system, and leveraging certified adapters for Oracle and other ERP, ecommerce and purchasing systems.
- Lower costs, simplified operations, reduction in negative impacts to cash flow and decreased risk of penalties.