Sovos Annual Trends Report 2021
E-Invoicing

Sovos Annual Trends Report – VAT Trends: Toward Continuous Transaction Controls

| | Product Manager software applications/services electronic business data exchange, SEEBURGER
Sovos Annual Trends Report

SEEBURGER and Sovos have long enjoyed a successful partnership in the area of global e-invoicing. We are proud to bring you the SEEBURGER-branded version of the Sovos Annual Trends Report in its 12th Edition.

It is one of the most comprehensive reports on VAT compliance, B2B and B2G e-invoicing compliance globally and an essential read for multinationals.

The report is about

  1. Four mega trends and how these have been accelerated by COVID19
  2. A summary of global compliance requirements by region and country
  3. Background information to e-invoicing and VAT reporting

Four mega trends accelerated by COVID19

Watch our webcast How Always-on VAT Compliance will Transform your Business Post-COVID19 to see Christiaan van der Valk presenting the 4 mega trends from the report.

  1. Continuous Transaction Controls (CTCs)
  2. A shift toward destination taxability for certain cross-border transactions
  3. Aggregator liability
  4. E-accounting and e-assessment
Did you know that in the next three years, at least 25 countries are going to introduce some form of CTC mandate?

We are an experienced provider of e-invoicing cloud services, offering a single-source solution to enable you to comply with global and specific local legislation, both within Europe and further afield. SEEBURGER Global E-Invoicing Services integrate with SAP’s eDocument Cockpit on SAP ECC or on S/4HANA, or with any other ERP system.

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SEEBURGER-branded version of the Sovos Annual Trends Report in its 12th Edition!

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Gerrit Onken

Written by:

Gerrit Onken has been at SEEBURGER since 2010 as a product manager for software applications and for electronic data exchange services for the business sector. He focuses on solutions for SAP, electronic invoicing (e-invoicing) and innovations for digitalizing business and technical processes for globally-active customers. Originally a banker, Gerrit Onken went on to graduate in business administration, majoring in industrial management and business informatics. After working in the financial sector, he worked as a manager and project manager from 2004 to 2010 for one of the top five corporate consultancies, working with international BPOs in the banking and automotive industries.