Name: Maximizing Business Value with SAF-T: More Than Just a Tax Reporting Tool
Start: 2024-12-06T13:16:00Z
End: 2024-12-06T13:16:52.000Z
Location: BrightTALK
Rating: 0

Sovos is a global provider of tax, compliance, and trust solutions and services that enable businesses to navigate an increasingly regulated world with true confidence.  Purpose-built for always-on compliance capabilities, our scalable IT-driven solutions meet the demands of an evolving and complex global regulatory landscape.  Sovos' cloud-based software platform provides an unparalleled level of integration with business applications and government compliance processes.  

Visit our channel to hear from our globally renowned thought leaders and partner experts on a wide range of topics relevant to the "here and now" in the regulatory compliance world.

Hosted by our partner Serrala, we explore how e-invoicing is top of mind and how we can support you in making your AP automation journey compliant.  Topics include:

• How an automation journey along with a compliance strategy can help a business cope with the requirements of upcoming mandates.
• The impact of the German and French tax authorities' changes and what it means for businesses across Europe.
• How the Serrala AP and Sovos e-Invoicing solution together can help businesses comply and remain successful.

E-Invoicing is Now:  How to make your AP Automation Journey Compliant

Are you prepared for the impacts of upcoming electronic invoicing regulations?  We'll take a look into the basics of e-invoicing with Lukasz Weber, Director of Product Management at Zuora, and Lukas Rask, Senior Product Manager at Sovos, as they come together to shed light on the dynamic and ever-changing regulatory tax landscape.

This session will delve into the upcoming mandatory changes in key markets, including Poland, Romania, France, and Malaysia, providing attendees with an understanding of the challenges and opportunities that lie ahead. Our experts will help businesses like yours discover effective strategies for remaining compliant and how to navigate accurately billing, invoicing, and taxing your customers.

Key Discussion Points:

-  E-invoicing and how its introduction has impacted the global tax landscape.
 
-  Upcoming mandatory changes in Poland, Romania, France, and Malaysia.
 
-  Navigating compliance challenges and how your financial systems might be impacted.

From Basics to Brilliance: E-Invoicing Insights with Sovos & Zuora

Learn about the newest updates for 1099 state reporting in 2024 and what they mean for your organization. This webinar will review the basics of 1099 state reporting and cover the latest regulatory changes, how they could affect your reporting process, and what to keep in mind as you prepare for this year's state 1099 reporting.

The State of State Reporting

This session will cover the essentials of information reporting and withholding, focusing on W-8 and W-9 forms. Participants will learn how to properly manage these forms to ensure compliance with IRS requirements, including handling foreign and domestic tax status correctly. Best practices for managing and maintaining W-8 and W-9 forms will be shared, helping organizations streamline their reporting processes and avoid costly errors.

Best Practices for W-8 and W-9 Management

Do you make payments to non-U.S. persons?  If so, its important to ensure you are timely and accurately completing Form 1042 and 1042-S reporting.  Come to an information packed session to learn more about when reporting is required, the nuts and bolts of completing the required reporting, and how to prepare for increased IRS enforcement activity.

On Your Mark, Get Set, Go! Preparing for 2024 Form 1042-S Reporting

This session will cover proactive strategies for tax identity management, covering B & P notices, TIN Matching and more. Attendees will explore best practices for your organization to avoid common mistakes, reduce errors, and ensure smoother processes in your tax compliance efforts.

The Power of Proactive Compliance

An introduction to the fundamentals of 1099 reporting. Participants will gain an understanding of common terminology and explore a brief overview of the most common 1099 form types, including 1099-MISC, 1099-NEC, 1099-INT, 1099-DIV, 1099-K, 1099-R, and 5498, along with their respective deadlines and thresholds. The session also covers common corrections, the differences between federal and state reporting, and best practices for maintaining compliance in the reporting process.

1099 101

Understanding preparatory and implementation best practices for global e-invoicing can seem daunting, but there are experts available to help you navigate these challenges. Join tax technology experts Jun Miyake from Ryan and Andrew Hocking from Sovos, where they’ll discuss the potential challenges faced by multinationals, including upcoming changes and effective strategies for seamless billing and compliance. 

Key Discussion Points:

• Current Regulatory Indirect Tax Landscape
• Navigating Strategic Challenges
• Preparatory and Implementation
• Customer-Centric Solutions

During this one-hour webinar, you will explore the latest developments and trends, gain valuable insight into the regulatory complexities your business is facing, and learn how to stay ahead of regulatory changes that are crucial for compliance.

Navigating Global E-Invoicing: Mastering Strategies for Multinationals

Join Sovos and TaxOps as we explore sales & use tax compliance for customer invoicing. The expert team at TaxOps will share essential steps for accurate tax verification and common sales tax mistakes to avoid with shared services buying centers, while also addressing industry misconceptions.

Whether you are a tax professional or a business leader, this 30-minute deep-dive will empower you to foster positive customer relationships while maintaining compliance.

Key topics: 

• Navigating shared services buying centers
• Learn why language matters
• Bundling and mixed-use transactions
• True object test
• Determining taxable items
• Calculating taxes (the where, the who)

Mastering Tax Compliance:  Strategies for Accurate Invoice Taxation

Join us for an exclusive virtual executive seminar focused on navigating the complexities of tax function transformation. Led by experts from Sovos and KPMG, this session will provide essential insights tailored for executive audiences. 

Effective tax function transformation goes beyond process re-evaluation and technological upgrades. It requires a strategic approach, starting with defining a target operating model that aligns with your organization’s capabilities and strategic objectives. KPMG, with its deep tax knowledge and technical expertise, offers invaluable guidance to help executives make informed decisions. 

Key topics include: 

Strategies for aligning internal stakeholders 

Essential questions to ask for prioritizing countries 

Key considerations for data management 

Best practices for executing a phased roll-out and a successful RFP process 

Don't miss this opportunity to gain actionable strategies and insights to drive tax function transformation success within your organization.  

About Sovos & KPMG: 

The right partners to help you navigate global e-invoicing mandates  

If you’re like other global organizations, keeping up with e-invoicing mandates is a constant challenge. In partnering with KPMG, we’re making this process a whole lot easier wherever you do business.  

By combining KPMG’s experienced tax professionals with Sovos’ automated 360-degree compliance platform covering more than 60 countries, we can handle all your global e-invoicing and digital reporting obligations globally.   

Benefits to working with Sovos and KPMG 

An automated, streamlined e-invoicing process that meets evolving regulations 

A single, out-of-the-box solution to reduce invoicing complexity 

The ability to re-purpose resources on global expansion and revenue-generating business initiatives 

https://partner.sovos.com/kpmg 

https://kpmg.com/us/en/capabilities-services/alliances/kpmg-sovos.html

Navigating Tax Function Transformation: Strategies for Executive Success

SAF-T is much more than just a counterpart to e-invoicing!  Join Sovos and our special guests from Deloitte as we dive into why SAF-T often gets overshadowed by e-invoicing mandates and real-time reporting, and how it brings significant value beyond just compliance.  Explore the journey from raw data files to the many strategic business applications that empower your enterprise with greater control and enhanced processes. Learn how Sovos and Deloitte have collaborated with clients to drive value in business management and discover why the future of SAF-T is promising for your organization.

The agenda will include:

• SAF-T Reports – Current Usage and Coverage
• Common misconceptions around SAF-T and the view of the future in the eyes of Sovos and Deloitte
• Why SAF-T Reporting Delivers Far More Strategic Value Than Businesses Realise
• Future-Proofing Through SAF-T: High-Impact Opportunities for Every Stage

Maximizing Business Value with SAF-T: More Than Just a Tax Reporting Tool

Data Analysis

Data Analytics

Financial Technology

Process Automation

Business Process Management

Regulations

Emerging Trends

Emerging Technologies

Cloud computing has exploded over the past few years, delivering a previously unimagined level of workplace mobility and flexibility. The cloud computing community on BrightTALK is made up of thousands of engaged professionals learning from the latest cloud computing research and resources. Join the community to expand your cloud computing knowledge and have your questions answered in live sessions with industry experts and vendor representatives.

Cloud Computing

Increasing expectations for good governance, effective risk management and complex demands for corporate compliance are presenting a growing challenge for organizations of all sizes. Join industry thought leaders as they provide you with practical advice on how to implement successful risk and compliance management strategies across your organization. Browse risk management resources in the form of interactive webinars and videos and ask questions of expert GRC professionals.

IT Governance, Risk and Compliance

The unexpected nature of natural disasters and other disruptive events means that preparation is key to managing disaster recovery and business continuity planning. Join the business continuity and disaster recovery community for live and recorded presentations discussing best practices for business continuity planning, disaster recovery programs and business continuity management. Learn from BCDR experts to develop your critical infrastructure and gain insight into tactical solutions to your BCDR issues.

Business Continuity / Disaster Recovery

Practicing business intelligence allows your company to transform raw data into sets of insights for targeted business growth. The business intelligence and analytics community on BrightTALK is made up of thousands of data scientists, database administrators, business analysts and other data professionals. Find relevant webinars and videos on business analytics, business intelligence, data analysis and more presented by recognized thought leaders. Join the conversation by participating in live webinars and round table discussions.

Business Intelligence and Analytics

The IT project management community on BrightTALK includes thousands of IT project and portfolio management professionals. Find relevant webinars and videos on agile methodologies, scrum strategy, project management processes and more. Attend live webinars or view on demand content presented by recognized thought leaders in the IT project management industry.

IT Project Management

Network infrastructure professionals understand that a reliable and secure infrastructure is crucial to enabling business execution. Join the network infrastructure community to interact with thousands of IT professionals. Browse hundreds of on-demand and live webinars and videos to learn about the latest trends in network computing, SDN, WAN optimization and more.

Network Infrastructure

Welcome to the big data and data management community on BrightTALK. Join thousands of data quality engineers, data scientists, database administrators and other professionals to find more information about the hottest topics affecting your data. Subscribe now to learn about efficiently storing, optimizing a complex infrastructure, developing governing policies, ensuring data quality and analyzing data to make better informed decisions. Join the conversation by watching live and on-demand webinars and take the opportunity to interact with top experts and thought leaders in the field.

Big Data and Data Management

Get powerful marketing data and analytics insights from influential experts. Connect with thought leaders and colleagues to get the most up-to-date knowledge on the analytics that quantify your investments.

Data and Analytics

As an IT professional, many of the problems you face are multifaceted, complex and don’t lend themselves to simple solutions. The information technology community features useful and free information technology resources. Join to browse thousands of videos and webinars on ITIL best practices, IT security strategy and more presented by leading CTOs, CIOs and other technology experts.

Information Technology

Get powerful emerging technology insights from influential experts. Connect with thought leaders and colleagues to get the most up-to-date knowledge on technologies like 3D printing, pervasive robotics, natural interfaces, connected everything and cognitive systems.

Get powerful manufacturing insights from influential experts. Connect with thought leaders and colleagues to get the most up-to-date knowledge on strategies and techniques to accelerate production cycles while increasing efficiencies and improving profitability.

Manufacturing

The research and development community on BrightTALK brings together leading professionals in healthcare, technology and manufacturing to present on current topics in their fields. From big data in healthcare to online forensics training and medical research practices, the community is an exceptional resource for those looking to expand their knowledge. Be part of the conversation by joining the community and participating in interactive live webinars.

Research and Development

The accounting and tax community on BrightTALK features relevant content around tools and strategies for tax planning, internal controls, auditing and more. Join the conversation by engaging with accounting and tax thought leaders and accountants and asking questions during live webinars and round table discussions on tax and auditing topics.

Accounting and Tax

Join this highly engaged community of UK financial advisers as they share peer-to-peer best practice advice. Find content related to investment and economics, better business practices, client acquisition and client referrals for financial advisors, as well as tax and pension advice. Further the engagement by presenting and participating in live interactive webinars and videos.

UK Financial Advisers

Internal audit and compliance professionals are facing increasingly stringent regulatory requirements when it comes to compliance reporting and internal control procedures. Join the audit and compliance community to learn best practices from thought leaders on topics such as regulatory compliance, internal audit checklists and audit program strategies.

Audit and Compliance

Effective financial management strategies can help organizations meet their business objectives. The financial management community on BrightTALK is made up of engaged finance and accounting professionals. Find relevant webinars and roundtable discussions featuring financial planning advice from industry thought leaders and insights into optimizing financial reporting, accounting, risk management and value measurement.

Financial Regulation

Get powerful finance insights for your business. Connect with experts and colleagues to get the most up-to-date knowledge that will help you to determine which financial factors build or erode value in your organization.

Finance

Get powerful banking and treasury insights for your business. Connect with experts and colleagues to get the most up-to-date knowledge on hot topics such as digital banking, payments disruption and non-bank competition. Learn how the latest treasury management strategies are helping to mitigate operational, financial and reputational risk.

Banking and Treasury

Get powerful finance management insights for your business. Connect with experts and colleagues to get the most up-to-date knowledge that will help you to determine which financial factors build or erode value in your organization.

CFO Strategy

Get powerful financial planning and analytics insights for your business. Connect with experts and colleagues to get the most up-to-date knowledge and drive optimal financial performance for your company.

Financial Planning and Analysis

Join this new, vibrant community to learn and connect with top thought leaders, startups and banks who are disrupting the financial services industry. Keep up with the latest news and trends in Fintech and take part in lively debates on topical issues and challenges.

Fintech

The accounting and finance community on BrightTALK features presentations from leading accountants and finance professionals. The accounting community includes tax planning strategies, QuickBooks webinars and other accounting webinars, while the finance community features presentations on financial capital regulations and forensic data analytics. Join the conversation by attending live financial and accounting presentations and connecting with industry thought leaders.

Get powerful distribution and logistics insights. Connect with experts and colleagues to get the most up-to-date knowledge on design, planning, execution, control, and monitoring of supply chain activities to build your competitive infrastructure, leverage worldwide logistics and create value.

Distribution and Logistics

Get powerful operations insights for your business. Connect with experts and colleagues to get the most up-to-date knowledge on which systems and processes are driving operational efficiency, maximizing value and customer success.

Operations

Get powerful procurement and sourcing insights for your business. Connect with experts and colleagues to get the most up-to-date knowledge on which strategies are proving to be the most effective for managing vendors, improving performance and reducing cost.

Procurement and Sourcing

In the business management community, commercial experts will be sharing webinars and videos on an array of subjects. From sales and marketing, to finance, productivity and growth, this content will help you stay up-to-date with the current economic environment and provide timely management insight to drive business growth.

Maximizing Business Value with SAF-T: More Than Just a Tax Reporting Tool

Presented by

About this talk

More from this channel