Valogix Inventory Planning vs Sovos E-Commerce EU VAT Reporting (OSS/IOSS) for SuiteTax

Valogix Inventory Planning is a full-featured, web-based inventory planning software solution that is easy to use and affordable for any company. The advanced demand planning capabilities plan for finished goods, sub-assemblies, raw materials and components across multiple locations, create automated forecasts and replenishment plans and optimized inventory. Users experience reductions in inventory costs and increased customer satisfaction. Our application uses NetSuite fields that already exist and potentially a few UDFs, if necessary, giving your company accurate data and the power to make the correct inventory decisions.

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.