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Stock impact report

Sovos Names Terry Melnik General Manager of Sales and Use Tax Line of Business

Oracle Corporation (ORCL) 
Last oracle corporation earnings: 3/12 04:02 pm Check Earnings Report
Company Research Source: PR Web
BOSTON (PRWEB) July 27, 2020 Global tax software provider Sovos today announced that Terry Melnik, formerly general manager at Oracle Netsuite's OpenAir, has joined the company as GM of Sales and Use Tax. With 20 years' experience in technology, management consulting and ecommerce, Melnik is charged with leading Sovos' long-range plan in a market undergoing rapid change driven by the digital transformation of sales and use tax.There are more than 12,000 different tax regulations affecting sales and use tax across the United States, with thousands of changes each year, on average. This is an IT challenge for companies of all sizes, as traditional business systems and legacy solutions can't manage the pace of regulatory change. In order to grow into new markets, sell via digital channels and meet customer expectations for always-on service, businesses need modern tax compliance solutions that solve these challenges completely."Terry's experience in go-to-market strategy, planning and e Show less Read more
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