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Compare Sovos and TaxBit 
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At a Glance
Market Segments
Mid-Market (47.0% of reviews)
Small-Business (50.0% of reviews)
Entry-Level Pricing
No pricing available
No pricing available
Sovos
Star Rating
(86)4.2 out of 5
Market Segments
Mid-Market (47.0% of reviews)
Pros & Cons
Entry-Level Pricing
No pricing available
Learn more about SovosTaxBit
Star Rating
(11)4.2 out of 5
Market Segments
Small-Business (50.0% of reviews)
Pros & Cons
Not enough data
Entry-Level Pricing
No pricing available
Learn more about TaxBitSummary
AI Generated Summary
AI-generated. Powered by real user reviews.
- Users report that Sovos excels in tax compliance with a strong focus on Sales Tax (8.5 rating), while TaxBit shines in reporting capabilities, boasting a high score of 9.1 for its comprehensive reporting features.
- Reviewers mention that TaxBit offers superior ease of use (8.3 rating) compared to Sovos (8.0 rating), making it a more user-friendly option for small businesses looking for straightforward tax solutions.
- G2 users highlight that Sovos provides robust tax planning strategies with a score of 9.0, which is particularly beneficial for mid-market companies needing advanced tax strategies, whereas TaxBit's focus is more on crypto accounting features.
- Users on G2 indicate that Sovos has a better quality of support (8.4 rating) compared to TaxBit (8.7 rating), suggesting that users may find more responsive assistance when navigating complex tax issues with TaxBit.
- Reviewers say that TaxBit's integration capabilities (6.8 rating) are less comprehensive than Sovos, which offers a more extensive range of integrations, making it easier for businesses to connect with existing systems.
- Users report that Sovos has a more favorable product direction score (7.8) compared to TaxBit's perfect score of 10.0, indicating that TaxBit is perceived as having a clearer and more promising future in terms of product development.
Pricing
Entry-Level Pricing
Sovos
No pricing availableTaxBit
No pricing availableFree Trial
Sovos
No trial information availableTaxBit
No trial information availableRatings
Meets Requirements
8.6
74
8.0
9
Ease of Use
8.0
75
8.3
9
Ease of Setup
7.4
40
Not enough data
Ease of Admin
7.6
36
Not enough data
Quality of Support
8.4
74
8.7
9
Has the product been a good partner in doing business?
8.0
37
Not enough data
Product Direction (% positive)
7.8
65
10.0
9
Features by Category
General Ledger
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Accounts Receivable
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Accounts Payable
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Other Functionality
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Reporting & Analytics
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Platform
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Integration
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Cash Flow
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Budgeting & Forecasting
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Revenue
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Payroll
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
AI
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Mobile Applications - Accounting
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Agentic AI - Accounting
Not enough data
Not enough data
Tracking
8.5
23
Not enough data
8.0
9
Not enough data
8.1
13
Not enough data
7.4
20
Not enough data
7.4
16
Not enough data
7.1
17
Not enough data
Integrations
6.7
20
Not enough data
Remittance
8.3
16
Not enough data
7.6
15
Not enough data
8.0
9
Not enough data
7.8
10
Not enough data
Agentic AI - Sales Tax and VAT Compliance
Not enough data
Not enough data
Not enough data
Not enough data
Tax Planning
9.0
5
Not enough data
8.7
5
Not enough data
7.6
9
Not enough data
8.0
9
Not enough data
Tax Filing
8.7
9
Not enough data
8.9
9
Not enough data
9.1
9
Not enough data
Workflows
7.8
9
Not enough data
8.3
9
Not enough data
Computation - Crypto Accounting
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Transaction Tracking and Categorization - Crypto Accounting
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Data Integration - Crypto Accounting
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Reporting and Visualization - Crypto Accounting
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Agentic AI - SAP Store
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Agentic AI - Accounting & Finance
Not enough data
Not enough data
Categories
Categories
Shared Categories
Sovos and TaxBit are categorized as Corporate Tax
Unique Categories
Sovos is categorized as Sales Tax and VAT Compliance and SAP Store
TaxBit is categorized as Crypto Accounting and Accounting
Reviews
Reviewers' Company Size
Sovos
Small-Business(50 or fewer emp.)
Mid-Market(51-1000 emp.)
Enterprise(> 1000 emp.)
TaxBit
Small-Business(50 or fewer emp.)
Mid-Market(51-1000 emp.)
Enterprise(> 1000 emp.)
Small-Business
(50 or fewer emp.)
Mid-Market
(51-1000 emp.)
Enterprise
(> 1000 emp.)
Reviewers' Industry
Insurance
8.4%
Accounting
8.4%
Wholesale
6.0%
Retail
6.0%
Machinery
6.0%
Other
65.1%
Accounting
30.0%
Information Services
20.0%
Market Research
10.0%
Management Consulting
10.0%
Information Technology and Services
10.0%
Other
20.0%
Alternatives
Discussions
Are there any third-party evaluations of Sovos solutions like from Gartner, IDC or Forrester?
1 Comment
Official Response from Sovos
Yes, IDC conducted an extensive vendor assessment of the major market players in sales tax and VAT (including GST) automation and deemed Sovos a leader in...Read more
Sovos has no more discussions with answers
TaxBit has no discussions with answers
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