LOVAT vs. Wolters Kluwer GainsKeeper

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
LOVAT
Score 10.0 out of 10
N/A
Tax software for VAT/sales tax filing. LOVAT platform collects all tax data across any sales channel and files VAT returns in a minute. Accurate VAT calculation, tax due reminders, automatic filing, free data storing with the real-time support of tax expert team available. LOVAT enables the user to register a business for VAT and sales tax purposes in foreign countries where it stores goods or where it is selling products or services. LOVAT specializes in helping…
$40
Best option for small sellers and new companies
GainsKeeper
Score 0.0 out of 10
N/A
GainsKeeper, from Wolters Kluwer, calculates, tracks and reports cost basis, adjusted for corporate actions and wash sales for 1099 tax reporting and offers a suite of tax smart tools.N/A
Pricing
LOVATWolters Kluwer GainsKeeper
Editions & Modules
Start-Up
40/month
Best option for small sellers and new companies
Standard
80/month
Most popular option for your VAT Compliance
Premium
500/month
Top quality level of VAT Compliance
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Offerings
Pricing Offerings
LOVATGainsKeeper
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsFor the complete version of the pricing with all addons and to calculate your fee please visit our website
More Pricing Information
Community Pulse
LOVATWolters Kluwer GainsKeeper
Considered Both Products
LOVAT
Chose LOVAT
LOVAT offered the complete package of dealing not only with Sales Tax but with VAT and GST as well. More so, LOVAT operates in many states, and countries, giving it a universal acceptance and credibility. Finally, LOVAT has automated most of its tax obligations, therefore, …
Chose LOVAT
LOVAT has deployed a live chat channel, for immediate consultation and engagement when some Tax issues arise. Besides, LOVAT has comprehensive tax information regarding different states or countries, hence, reliable and convenient. Lastly, with LOVAT, filing the US and EU VAT …
Chose LOVAT
The good pricing and short time of waiting answer from the Lovat team became the striking point when making a choice. More so, Lovat has elaborate VAT procedures for several countries, making the program efficient in many states. The demos or video explanations increase the …
Chose LOVAT

LOVAT is much easier to use and the onboarding process was excellent. More so, LOVAT has a standard of acceptance globally, where some countries like EU and US are included in the set features. Finally, LOVAT has adequate automation, which brings accuracy, and improves state …
Chose LOVAT
LOVAT has good value for money. We choose them as an inexpensive solution because our priority is to save the money we earn. It took some time to learn how to use the full functionality, but after learning, the software performs the tasks effectively with no challenges in the …
Chose LOVAT
The pricing and design along with the features were the factors that caught our attention. LOVAT developer established prices that are easy to acquire, for even small companies, and the product brings some economical aspect, compared to the entire installation amount. Lastly, …
Chose LOVAT
Lovat is a product which is favorable in terms of cost, unlike the many tax software which are expensive and not affordable.Also, Lovat has some flexibility, where different procedures based on the companies demands can be personalized to suit its needs. Lastly, Lovat works in …
GainsKeeper

No answer on this topic

Features
LOVATWolters Kluwer GainsKeeper
Type of tax
Comparison of Type of tax features of Product A and Product B
LOVAT
10.0
Ratings
24% above category average
Wolters Kluwer GainsKeeper
-
Ratings
Sales and Use Taxes10.00 Ratings00 Ratings
VAT / GST Taxes10.00 Ratings00 Ratings
Tax Reporting & Compliance
Comparison of Tax Reporting & Compliance features of Product A and Product B
LOVAT
10.0
Ratings
24% above category average
Wolters Kluwer GainsKeeper
-
Ratings
Geolocation for Tax Assessment9.90 Ratings00 Ratings
Tax Data Reporting10.00 Ratings00 Ratings
Compliance Administration Management10.00 Ratings00 Ratings
Tax Document Management10.00 Ratings00 Ratings
Best Alternatives
LOVATWolters Kluwer GainsKeeper
Small Businesses
TaxJar
TaxJar
Score 8.6 out of 10
TaxJar
TaxJar
Score 8.6 out of 10
Medium-sized Companies
Avalara
Avalara
Score 8.1 out of 10
LOVAT
LOVAT
Score 10.0 out of 10
Enterprises
ADP SmartCompliance
ADP SmartCompliance
Score 8.6 out of 10
ADP SmartCompliance
ADP SmartCompliance
Score 8.6 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
LOVATWolters Kluwer GainsKeeper
Likelihood to Recommend
10.0
(0 ratings)
-
(0 ratings)
User Testimonials
LOVATWolters Kluwer GainsKeeper
Likelihood to Recommend
Lovat has all the useful features for the needs of my small businesses. The best part about Lovat is that even lay users with no accounting knowledge can find it easy to use this soft. Besides, Lovat has well-explained tax policies, which are essential in noting or understanding the entire business operations. Lastly, for filing returns, Lovatis the savior, for small enterprise.
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Pros
  • I love that we don’t need to send tax transaction data for our sales to LOVAT – it is simply integrated with our e-stores!
  • It makes the process so much faster than filling excel spreadsheets or uploading manually. At the end of the month, we simply see all of the data in our LOVAT account.
  • Collecting data takes time, and it's a waste of time when we can do it digitally.
  • I like that we can make some fields required and some optional and that I can use multiple selling platforms and be sure that I'm getting valid tax data.
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Cons
  • Some processes take extra time
  • It will take some time and preferably a demo call with the support team to learn how to use the software yourself
  • Unfortunately, consultation on really difficult questions can be obtained only for an additional fee
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Usability
The functionality is very powerful, and everything works as promised. But the interface needs improvement in places - sometimes you have to search for something longer than you would like.
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Alternatives Considered


LOVAT is much easier to use and the onboarding process was excellent. More so, LOVAT has a standard of acceptance globally, where some countries like EU and US are included in the set features. Finally, LOVAT has adequate automation, which brings accuracy, and improves state compliance and financial standard policies.
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No answers on this topic
Return on Investment
  • Save us a lot of time and nerves by avoiding manual tax computations.
  • It is better to be sure when you deal with tax offices, and LOVAT has brought about the accuracy.
  • Finally, the taxation process has been expense friendly using the application.
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No answers on this topic
ScreenShots

LOVAT Screenshots

Screenshot of Transactions section