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

TenderBoard offers an eProcurement platform designed to transform procurement processes. It digitalises and automates the source-to-pay process, improving procurement efficiency and supplier management, and a seamless integration into Netsuite ERP. It is a flexible, Cloud native Procurement System that can be configured to fit your needs. Our Source-to-pay allows you to manage your purchase requests, sourcing, purchase orders, invoices and approvals on a single platform before effortlessly transferring the information into NetSuite. Users on TenderBoard transact with suppliers without cumbersome paperwork or processes, working with increased governance and procurement data reports for better spend management.

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.