Growfin - AR Automation for Complex O2C vs Sovos E-Commerce EU VAT Reporting (OSS/IOSS) for SuiteTax

Growfin is an AI-powered AR Platform that enhances NetSuite’s capabilities to deliver faster collections and cash application. Growfin achieves this by centralizing AR data from NetSuite, CRM, and bank accounts, and streamlining the end-to-end collections process through workflow automations, collaborative workflows, and real-time analytics. Take advantage of Growfin's AI to predict risky accounts early, and automatically match payments to remittances in any format - email, pdf, images or xls.

The EU E-Commerce VAT package came into force 1st July 2021. The rules require an expanded number of businesses to account for local VAT in the countries where they make B2C sales. Sovos offers a comprehensive Managed Service covering all relevant schemes: Union OSS, non-Union OSS and IOSS. This includes acting as Intermediary if required, easing the burden of the EU E-Commerce VAT Package and helping you to understand the right solution for your business. Extend your global reach without fear of noncompliance by leveraging our Built for NetSuite integration.