Case Study: a U.S.-based specialty manufacturer streamlines use tax compliance with Sovos OptiTax

U.S.-based Specialty Manufacturer cuts manual tax entry by 75% with Sovos

A U.S.-based specialty manufacturer faced significant use tax compliance challenges following a state audit. Their manual, spreadsheet-based process for accounts payable tax calculation was time-consuming, prone to errors, and left them vulnerable to penalties. To solve this, they partnered with Sovos and implemented its OptiTax for AP Tax Calculation service.

By deploying Sovos OptiTax, the manufacturer automated its tax calculations and integrated the solution seamlessly with its ERP. This resulted in a 75% reduction in manual data entry, a 90% improvement in tax accuracy, and over 25 hours saved each month. Sovos helped the company avoid potential penalties, achieve a payback period of under three months, and cut its audit risk exposure in half.