ATLANTA--(BUSINESS WIRE)--Jul 21, 2025--
Sovos, the always-on tax compliance company, today announced the launch of Sovi™ AI, a first-of-its-kind suite of embedded AI and machine learning capabilities purpose-built for tax compliance. Sovi is derived from the Latin roots sophia (wisdom) and vis (power). Sovi symbolizes smart power in action, a perfect reflection of Sovos’ embedded AI engine that drives a whole panorama of intelligent automation across the Sovos Tax Compliance Cloud platform. Sovi delivers unprecedented insight, automation, and reliability throughout every stage of compliance for e-invoicing, taxation and regulatory reporting.
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Industry-First Embedded Intelligence
Sovos is the first tax compliance company to deliver AI not as a standalone feature, but as an intelligent layer embedded throughout the compliance lifecycle. Sovi™ AI will integrate across analytics, automation, and regulatory workflows, enabling technical and non-technical teams to navigate complexity through natural language, visual interfaces, and intuitive guidance.
"Sovi isn't just smart, it's Sovos smart,” said Kevin Akeroyd, CEO, Sovos. “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."
AI Already in Action and Accelerating
Sovi™ AI capabilities are already operational across Sovos solutions, including advanced biometrics for face and liveness detection, image recognition, and secure authentication built into Sovos Trust solutions.
The roadmap includes ambitious expansions such as AI compliance checks, Ask Sovi for embedded assistants, automated mapping tools for goods and services classification, and intelligent document agents for AP process automation.
Transforming Compliance Through AI-Driven Benefits
Sovi™ AI enables organizations to achieve:
- Enhanced Efficiency: Self-service analytics eliminate IT dependencies for finance and tax teams
- Improved Accuracy: Biometric security and AI validations reduce errors, fraud, and compliance mismatches
- Greater Clarity: Conversational AI and insightful dashboards uncover hidden issues and opportunities
- Unlimited Scalability: Future-proof compliance capabilities regardless of country, volume, or complexity
"Sovi™ AI brings both precision and depth to the complex world of tax compliance," said Swati Garodia, chief product officer, Sovos. "Sovi seamlessly switches perspectives from macro-level global mandates to micro-level transaction risk, helping businesses stay compliant with unprecedented clarity and intelligence."
About Sovos
Sovos is transforming tax compliance from a business requirement to a force for growth. Our flagship product, the Sovos Tax Compliance Cloud platform, enables businesses to identify, determine, and report on every tax obligation across the globe. Sovos processes 16 billion+ transactions per year, helping companies scale their compliance strategy in almost 200 countries.
More than 100,000 customers – including half the Fortune 500 – trust Sovos’ tax and regulatory expertise and unparalleled integration with their business applications.
For more information about Sovi AI and Sovos solutions, visit sovos.com
View source version on businesswire.com:https://www.businesswire.com/news/home/20250721484374/en/
CONTACT: Ed Kraft
KEYWORD: UNITED STATES NORTH AMERICA GEORGIA
INDUSTRY KEYWORD: TECHNOLOGY FINANCE FINTECH ACCOUNTING BUSINESS PROFESSIONAL SERVICES SOFTWARE DATA MANAGEMENT ARTIFICIAL INTELLIGENCE
SOURCE: Sovos
Copyright Business Wire 2025.
PUB: 07/21/2025 09:00 AM/DISC: 07/21/2025 09:00 AM
http://www.businesswire.com/news/home/20250721484374/en
