With 170,000 registrants - 78x the registered network reach of the nearest tax compliance competitor - Sovos demonstrates unmatched production scale across direct clients and every software platform embedding its Compliance Network

Sovos, the agentic tax compliance company, today announced that it has surpassed 170,000 organizations registrants across the Sovos-powered network – including both Sovos-branded and partner-branded approved service providers - using Sovos technology in France. By comparison, the nearest competitors registered fewer than 2,200 organizations each. The milestone represents a significant lead in production-grade e-invoicing, with Sovos handling transaction volumes that are many multiples higher than any other tax compliance vendor operating in France.

"France represents the most complex continuous transaction controls mandate the world has seen, and we entered production on day one with our Global 2000 clients fully live," said Kevin Akeroyd, CEO, Sovos. "We achieved the highest industry percentage of effective go-lives not only for these clients, but for the hundreds of technology providers who embed our e-invoicing to service hundreds of thousands of end user businesses in France. This is another proof point that Sovos’ Compliance Network is quickly becoming the industry standard."

Quality at Scale: 1.6% Rejection Rate vs. 20% Market Average

The number of businesses registered, and number of invoices processed volume is only part of the story. Alongside its scale advantage, Sovos has maintained a 1.6% invoice rejection rate during live production, compared with an estimated market-wide rejection rate of approximately 20%. The combination of high volume and high quality reflects the depth of investment Sovos has made in format validation, government connectivity, and regulatory interpretation over more than two decades of dedicated e-invoicing and CTC development.

"Volume without quality is noise," said Akeroyd. "What makes this milestone meaningful is that we are processing at scale while maintaining error rates that are a fraction of the market average. That is the Sovos standard and what our clients depend on when the stakes are this high."

Three Channels, One Compliance Network

The 170,000 registrants encompass the full breadth of how Sovos operates in the market:

1. Direct enterprise clients - hundreds of large enterprises, including a large percentage of Global 2000 organizations, that went live on the Sovos Compliance Network on or before September 1.

2. Managed service and BPO providers - dozens of the world's largest global outsourcing firms that have standardized on Sovos AI-powered infrastructure to deliver France and broader EU compliance to their own end clients.

3. Software and technology platforms - hundreds of software companies that embed the Sovos Compliance Network directly within their products, extending the Sovos ecosystem to every customer those platforms serve across France, the EU, and global VAT and e-invoicing mandates.

This three-channel architecture is a key reason why Sovos transaction volumes dwarf those of competing vendors, which typically serve only direct clients and do not power the broader software and services ecosystem.

France as Proof of a Repeatable Global Model

For Sovos, France is not an endpoint but a proof point. The same Compliance Network architecture, regulatory expertise, and global delivery model that powered France's go-live is designed to scale across every future mandate ranging from the EU's ViDA initiative to ongoing rollouts across Latin America, Middle East, and Asia Pacific.

"For years, Sovos has been the leading provider for quality, scale, and global reach, processing more than 70 billion transactions annually across 150 countries. France didn’t just add incremental scale and another country, but an unprecedented level of sophistication and complexity," said Akeroyd. "Every multinational now considering their e-invoicing strategy for the next wave of mandates can look at what we have built across the globe, including France, as the gold standard for e-invoicing compliance.”

About Sovos

Sovos is transforming tax compliance from a business requirement to a force for growth. Our flagship product, the Sovos Tax Compliance Cloud Platform, enables businesses to identify, determine, and report on every tax obligation across the globe. Sovos processes more than 70 billion transactions per year, helping companies scale their compliance strategy in 150+ countries. More than 100,000 customers — including half the Fortune 500 — trust Sovos' tax and regulatory expertise and unparalleled integration with their business applications. Learn more at sovos.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260923667077/en/

sovos@sourcecodecomms.com

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