NuEvent Management System vs Sovos E-Commerce EU VAT Reporting (OSS/IOSS) for SuiteTax

NuEvent Management System, an end-to-end event management system, natively built on NetSuite, makes event planning, execution and evaluation a breeze. It offers comprehensive functionalities, including event creation, budgeting, pricing, registration, promotion, attendance tracking, surveys and reporting. As a NetSuite native solution, it ensures real-time data synchronization. This SuiteApp, built by NuSmart, is able to support smaller to large scale organizations with over 40,000 members. This includes NGOs, Non-profits, Government and Private companies running Events, Private Schools, Business Associations and Clubs etc.

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.