Boulder-based ShipCompliant has combined forces with Boston-based Sovos Compliance.
Sovos is the industry leader in tax compliance, and reporting, which makes this a perfect match as ShipCompliant is the leading compliance and tax solution provider for the beverage alcohol market.
The two companies will integrate their complementary tax compliance solutions to assist businesses navigating the demanding regulatory environment for beverage alcohol registration, tax rate determination, compliance management, and reporting.
“Compliance with the myriad of regulations in each state is a challenge for companies in the beverage alcohol industry,” said Jason Eckenroth, President of ShipCompliant. “But there is significant growth for those that can master those requirements, as consumers increasingly want to order their favorite brands online. We are excited to combine our technology and industry expertise with the reach and resources of Sovos Compliance to amplify our impact, accelerate our growth and continue to make managing compliance complexity simple for our clients.”
There is no plan to move ShipCompliant out of Boulder. As a matter of fact, ShipCompliant is so invested in the community that has supported their growth that they have elected to share a portion of its sale proceeds with the community. The Entrepreneurs Foundation of Colorado (EFCO) will distribute a generous grant to The Community Foundation Serving Boulder County.
Jason Eckenroth expresses his deep appreciation for the community he has built the business in.
“This is where our employees live and work. We know that offering a high quality of life is key to our ability to attract and retain competitive employees. Our local nonprofits play a big role in driving that quality of life. We’re proud to make this contribution and the impact on our community amplifies our feeling of gratitude."