Coupa vs. Sovos Intelligent Compliance Cloud

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Coupa
Score 7.8 out of 10
N/A
Coupa’s cloud-native Business Spend Management (BSM) platform provides end-to-end processes that helps drive collaboration across for every business leader from supply chain, procurement, finance, treasury, compliance, and IT and supply chain leaders to help their companies to get the visibility and control they need to spend smarter, mitigate risk, and improve resilience. A unified platform approach frees up IT from complex integrations to help leaders deliver on these goals.
$499
per year
Sovos Intelligent Compliance Cloud
Score 8.1 out of 10
N/A
The Sovos Intelligent Compliance Cloud includes tax automation capabilities, including sales and use tax, 1099 reporting, ACA reporting, VAT solutions, and FATCA compliance.N/A
Pricing
CoupaSovos Intelligent Compliance Cloud
Editions & Modules
Premium Support
$499+
per year
Verified
$549
per year
Advanced
$4800
per year
Registered
Free
No answers on this topic
Offerings
Pricing Offerings
CoupaSovos Intelligent Compliance Cloud
Free Trial
NoNo
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
CoupaSovos Intelligent Compliance Cloud
Features
CoupaSovos Intelligent Compliance Cloud
Type of tax
Comparison of Type of tax features of Product A and Product B
Coupa
-
Ratings
Sovos Intelligent Compliance Cloud
8.0
Ratings
2% above category average
Sales and Use Taxes00 Ratings8.00 Ratings
Cross-border Taxes00 Ratings8.00 Ratings
VAT / GST Taxes00 Ratings8.00 Ratings
Tax Reporting & Compliance
Comparison of Tax Reporting & Compliance features of Product A and Product B
Coupa
-
Ratings
Sovos Intelligent Compliance Cloud
8.0
Ratings
2% above category average
Geolocation for Tax Assessment00 Ratings8.00 Ratings
3rd-Party Software Integrations00 Ratings8.00 Ratings
Tax Data Reporting00 Ratings8.00 Ratings
Compliance Administration Management00 Ratings8.00 Ratings
Tax Exemption Processing00 Ratings8.00 Ratings
Tax Document Management00 Ratings8.00 Ratings
Complex Tax Scenario Management00 Ratings8.00 Ratings
User Ratings
CoupaSovos Intelligent Compliance Cloud
Likelihood to Recommend
8.0
(0 ratings)
8.0
(0 ratings)
Usability
10.0
(0 ratings)
-
(0 ratings)
Support Rating
-
(0 ratings)
7.0
(0 ratings)
User Testimonials
CoupaSovos Intelligent Compliance Cloud
Likelihood to Recommend
Suitable: Simple indirect procurement. Low cost; short cycle implementation. Less Suitable: Complex procurement scenario requiring serious vendor collaboration. End-to-end integration. Direct Material Procurement, especially when planning, quality inspection, and other miscellaneous activities are involved, requires handling various special statuses and updates to meet industry- or country-specific requirements.
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For eCommerce sites - make sure to integrate the sales tax engine with both the websites AND your ERP system so that the data written to the sales tax returns matches what you show in sales tax payable. Otherwise you will not be able to reconcile your GL Sales Tax Liability account.
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Pros
  • A consistent format is helpful because if you learn the tool once, then you should be set for long term success.
  • Straightforward with some of the fields (not all), but for some pieces of work. It is easy enough due to the direct nature of the tool.
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  • They are good at updating the tax tables with all the new sales tax law changes
  • They are good at charging the correct sales tax amount as long as the software is set up or configured correctly
  • They are good at following up at sales tax correspondences
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Cons
  • With one particular customer I have had about 40 emails to be accepted as a vendor. With other customers before Coupa became horrendous I had no problems. As an existing Coupa user why do I have to create a new profile?
  • I have been accepted as a user 3 times then a day later Coupa wants the same form filled again and again.
  • Help is only on a chat line. You cannot speak to anyone and in my opinion they are not helpful. Their suggstions have gotten me nowhere. They refer me to talk with my customer to straighten out the problem. My cusotmer doesn't have a clue.
  • I'm considering not to accept purchase orders that require invoicing through Coupa.
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  • The admin portal needs work - I cannot simply add and remove users, and have to create a case support. I think this is a low-hanging fruit Sovos is working on to resolve.
  • The UI could be improved.
  • The sync does not always happen instantly and sometime can take up to 24 hours.
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Likelihood to Renew
I love using coupa but i'm not the decision maker in this regard.
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No answers on this topic
Usability
-Could be easy or hard to use depending on corporate policies and compliance. At times, errors and cryptical message associated with them could drive users mad.
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No answers on this topic
Support Rating
-Support is generally speaking OK (not great). The user community is quite active, and the response time is acceptable. I would certainly hope there's more user-generated content (like in SAP, Oracle, and Linux, etc.), but I suppose Coupa is still not large enough, and the incentives are not yet there.
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For the most part, the support team is responsive. However, with the recent switch from a legacy server to S1 server, Sovos created a problem for us. We simply can't upload a tax certificate. I logged a case with support, and they could not help, so they escalate to their senior technician. All in all, it has been more than 7 days, and they could not resolve a "simple" issue.
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In-Person Training
The employee that trained me was not particularly interesting in teaching me but they were not a Coupa employee.
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No answers on this topic
Alternatives Considered
Coupa fits within our desire to have best of breed systems delivering value to our organization. We generally work with true cloud providers that are available anytime, anywhere for our mobile workforce. We are pleased that Coupa is in our lineup of service solutions.
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We have reviewed TaxJar and Avalara, but ultimately decided to go with Sovos. Avalara should work well based on various due diligence we have. However, we don't like the "bait-and-switch" approach, and the pricing is not clear at all. There always seem to be hidden fees. We actually used Avalara for a few months before opting out completely. TaxJar was a strong contender. However, at the time, it does not integrate with our ERP system.
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Return on Investment
  • The Sourcing Module has returned our investment 23 times on an annualized basis.
  • We're now SOX compliant and as a public company, that's keeping us compliant with our corporate charter.
  • Having one central invoicing location has reduced our AP calls significantly. Our suppliers now have visibility into where their invoice is in the payment cycle. We also have a much higher invoice-to-pay cycle.
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  • We can focus on generating revenue and be confident that our sales tax is fully handled by Sovos.
  • Sovos helps to eliminate any fines/penalties if we face an audit.
  • Having a system such as Sovos saves on manual and prone-to-error work.
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ScreenShots

Coupa Screenshots

Screenshot of Transform your company’s supply chain planning from running one-off projects to a consistent and repeatable process.Screenshot of Efficiently capture data for apples-to-apples comparisons of suppliers across business requirements, risk factors, ESG, and costs to find the best solution.Screenshot of Understand supplier relationships, ensure that the right mitigation is in place, and onboard suppliers. Use trusted data services, Community.ai, and performance feedback to spot risk and optimize relationships over time.Screenshot of Bring the results of sourcing events and risk vetting together to quickly formalize agreements without costly omissions or delays.Screenshot of Give users an easy experience for all types of goods, services, and contingent worker needs while bubbling up ESG and other favored suppliers. Streamline budget checks and approvals simple emails to get move spend pre-approved, on-contract, and under control.Screenshot of Give suppliers a variety of options for submitting e-invoices — all without fees and in compliance with VAT and global regulations. Boost supplier adoption of e-invoicing by giving visibility into status of invoice approval and digital payments.