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LOVAT Review

LOVAT
Our score: 8.0 User satisfaction: 100%

What is LOVAT?

LOVAT Compliance LTD is a tax management solution that simplifies value-added tax calculation, reporting, and payment for marketplaces, eCommerce businesses, and online sellers. It aims to reduce the worries and difficulties companies and merchants are dealing with as they handle their tax obligations across different countries. 

LOVAT enables you to register your business for VAT and sales tax purposes in foreign countries where you’re storing your goods or selling products or services. The entire registration process is done online, including form completion, documents submission, and VAT number issuance. LOVAT provides you with the capability to accurately and securely compute VAT, file VAT returns, and pay taxes regardless of the number of countries, sales channels, or marketplace merchants involved. 

Through its APIs, you’ll be able to integrate the tax management solution with your websites and applications, and various marketplaces. This automates the collection of transaction data from multiple sources and the execution of tax management functions.

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Overview of LOVAT Benefits

Stress-Free Global Tax Management

LOVAT helps you fulfill your tax-related responsibilities, especially if you’re running commerce, retail, or trade business operations across various countries around the world. It delivers accurate data and details throughout the entire tax management process.

For instance, you can verify if your VAT taxable turnover reaches or exceeds the threshold limits set in specific countries. You can instantly calculate the exact amounts of VAT and sales taxes you need to pay or claim in all of the countries you have tax obligations with. LOVAT notifies you about the deadlines for filing VAT or sales tax returns and paying your taxes. With these capabilities, you can focus more on expanding your business. 

Enhanced Compliance

LOVAT tax management solution makes it easier for online marketplaces and sellers to comply with tax laws and regulations. Owners and operators of marketplaces can integrate LOVAT with their own eCommerce platforms and automatically collect data about their merchants’ products/services, sales, transactions, and taxes. They can update their listing policies, generate custom codes for products imported by merchants from other countries, calculate the exact VAT on products and services, and access tax analytics and reports on sellers’ accounts.

LOVAT, furthermore, enables users to safely store and maintain documents and data for tax auditing purposes. They can keep their tax data offline in a separate storage environment and access it through Google Cloud Platform when they need to file tax returns or submit reports to tax authorities. 

Robust Integration

LOVAT works in conjunction with websites, applications, online marketplaces, and eCommerce stores. This allows you to automatically pull sales, order, and transaction data from your existing technologies and systems via API calls. Without the heavy burden of paperwork, you can get all the information you need to efficiently and accurately make VAT and sales tax calculations, accomplish tax forms and reports, and send tax payments.

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Overview of LOVAT Features

  • Global VAT Management
  • Robust APIs
  • VAT & Sales Tax Calculation
  • VAT Registration
  • Online  Tax Filing
  • VAT Payments
  • Tax Auditing
  • Data Security& Retention

Awards & Quality Certificates

This certificate is granted to products that offer especially good user experience. We evaluate how easy it is to start using the product and how well-designed its interface and features are to facilitate the work process.
An award given to products that have recently entered the market but are already becoming very popular

LOVAT Position In Our Categories

Bearing in mind companies have particular business wants, it is logical they avoid getting a one-size-fits-all, “perfect” software solution. At any rate, it is futile to try to pinpoint such an app even among well-known software products. The logical thing to do should be to shortlist the various major aspects which merit scrutiny like critical features, packages, skill capability of staff, business size, etc. Thereafter, you must do the product research thoroughly. Browse over some LOVAT review articles and scrutinize the other software options in your list more closely. Such all-encompassing research ascertains you steer clear of unfit software solutions and buy the one which has all the aspects your business requires.

Position of LOVAT in our main categories:

TOP 50

LOVAT is one of the top 50 Tax Software products

If you are interested in LOVAT it might also be sensible to analyze other subcategories of Tax Software listed in our base of SaaS software reviews.

Since each organization has unique business needs, it is advisable for them to desist from searching for a one-size-fits-all faultless software application. Needless to say, it would be useless to try to find such a platform even among market-leading software applications. The clever thing to do would be to catalog the various essential factors that need consideration such as required features, budget, skill levels of staff members, company size etc. Then, you should do your homework thoroughly. Read some LOVAT Tax Software reviews and check out each of the other systems in your shortlist in detail. Such in-depth groundwork can make certain you weed out ill-fitting systems and zero in on the system that provides all the features you require for business success.

How Much Does LOVAT Cost?

LOVAT Pricing Plans:

Free Trial

Start-up

$45/month

Standard

$88/month

Premium

$550/month

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What are LOVAT pricing details?

LOVAT Pricing Plans:

Free Trial

Start-up

$45/month

Standard

$88/month

Premium

$550/month

LOVAT offers three enterprise pricing plans for users to choose from. Your subscription fee may vary based on the add-ons you need, including additional countries, transactions, values, sales lists, tax consultation support, and statistics. Here are the details:

Start-up – $45/month ($40 annual billing)

  • Website, app, & marketplace integrations
  • 1,000 € total transaction value/month
  • 1,000 transactions/month

Standard – $88/month ($72 annual billing)

  • Website, app, & marketplace integrations
  • 100,000 € total transaction value/month
  • 1,000 transactions/month

Premium – $550/month ($495 annual billing)

  • Website, app, & marketplace integrations
  • 200,000 € total transaction value/month
  • 10,000 transactions/month

User Satisfaction

Positive Social Media Mentions 15
Negative Social Media Mentions 0

We are aware that when you choose to purchase a Tax Software it’s crucial not only to see how experts evaluate it in their reviews, but also to find out if the real clients and companies that use it are genuinely content with the service. That’s why we’ve devised our behavior-based Customer Satisfaction Algorithm™ that aggregates customer reviews, comments and LOVAT reviews across a wide range of social media sites. The information is then presented in an easy to understand format revealing how many users had positive and negative experience with LOVAT. With that information at hand you should be prepared to make an informed buying decision that you won’t regret.

Video

Technical details

Devices Supported

  • Web-based

Deployment

  • Cloud Hosted
  • Open API

Language Support

  • English

Pricing Model

  • Monthly payment
  • Annual Subscription

Customer Types

  • Small Business
  • Large Enterprises
  • Medium Business

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

What integrations are available for LOVAT?

LOVAT  integrates with:

  • Shopify
  • Magento
  • Fulfillment by Amazon
  • WooCommerce
  • eBay
  • Etsy
  • Magento
  • AliExpress

LOVAT User Reviews

LOVAT average rating:

Average score
5/5 (1 user reviews)
5/5

Overall impression

5/5

Customer Support

4/5

Value for Money

5/5

Ease of Use

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More reviews from 1 actual users:

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This is a very handy and easy-to-understand service for filing my taxes.

Read full review >
Svetlana Suhorukova
5/5

Overall impression

5/5

Customer Support

4/5

Value for Money

4/5

Ease of Use

Published on: 01.03.2021 Company Size: N/A Industry: N/A

PROS: A huge amount of useful information in free access, many different add-ons, and functionality allows me to expand my business and don't worry about taxes.

CONS: Everything was available , there were no shortcomings.

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LOVAT user reviews

This is a very handy and easy-to-understand service for filing my taxes.

Read full review >
Svetlana Suhorukova
5/5

Overall impression

5/5

Customer Support

4/5

Value for Money

4/5

Ease of Use

Published on: 01.03.2021 Company Size: N/A Industry: N/A
Nestor Gilbert

By Nestor Gilbert

Nestor Gilbert is a senior B2B and SaaS analyst and a core contributor at FinancesOnline for over 5 years. With his experience in software development and extensive knowledge of SaaS management, he writes mostly about emerging B2B technologies and their impact on the current business landscape. However, he also provides in-depth reviews on a wide range of software solutions to help businesses find suitable options for them. Through his work, he aims to help companies develop a more tech-forward approach to their operations and overcome their SaaS-related challenges.

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