Sovos Acquires IRIS’ APAC Tax Tech Business, Expands Global eInvoicing and Tax Compliance Reach

Sovos acquires IRIS’ APAC Tax Technology business to expand global eInvoicing and tax compliance coverage
Acquisition strengthens Sovos’ position in Continuous Transaction Control and Goods & Services Tax markets
Enhances Sovos’ presence in Asia Pacific and Middle East regions
IRIS’ product portfolio complements Sovos’ Indirect Tax Suite
Acquisition supports Sovos’ strategic priority to establish a strong Asia Pacific footprint
Sovos aims to provide a one-stop compliance solution for multinational businesses
Long-standing partnership between Sovos and IRIS ensures a smooth transition
Sovos processes over 16 billion transactions annually, serving more than 100,000 customers globally

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.