Case Study: one of the world’s leading shipping companies achieves faster LATAM compliance and greater efficiency with Sovos

One of the World’s Leading Shipping Companies cuts manual effort by 65% with Sovos

One of the world’s leading shipping companies faced the challenge of managing complex and fast-evolving e-invoicing regulations across four Latin American countries. Their decentralized approach with multiple vendors created operational silos, compliance risks, and a significant burden on internal teams. They partnered with Sovos and its Compliance Network to find a unified solution.

Sovos implemented a centralized e-invoicing solution that automated compliance and integrated directly with local tax authorities. This resulted in $1.1 million in tech consolidation savings, a 65% reduction in manual effort, and a 45% drop in IT support tickets. With a projected 3-year ROI of over $2.2 million and the ability to onboard new countries 2.5 times faster, Sovos provided a scalable and future-proof framework for the company's growth.