Sovos noted that Brazil is one of the most complex tax environments in the worlds with Fit Sistemas serving industries including telecom, retail, agriculture, media and financial services The acquired company’s applications integrate with financial applications that include SAP, NetSuite, Totvs, Sintel, CITEL and IFS and integrate data flow and process validation and also the authorization of outbound and inbound invoices to meet a variety of Brazilian governmental requirements. Sovos noted Brazil  introduced reporting rules for digitizing paper invoices in records in 2008 but has frequently changed rules.