âSales tax administration and compliance presents an ongoing operational and audit burden to most businesses,â according to Jared Vogt, CEO of Avalara, a provider of innovative and affordable sales tax solutions for small and midsized businesses (SMB).
At this week's Federation of Tax Administration (FTA) 22nd Annual Technology Conference and Exhibition, Avalara and Epicor Software Corporation, a leading provider of enterprise business software solutions to the global mid-market, announced an alliance whereby Epicor will integrate and offer Avalara's full line of sales tax solutions, including Avalara's innovative Web services-based sales tax automation solution, with Epicor's suite enterprise resource planning (ERP) applications.
âWith this partnership, Epicor continues a successful track record of finding ways to help our customers use automation to improve accuracy and the ongoing costs of compliance,â John Hiraoka, senior vice president and chief marketing officer of Epicor, explained in a prepared statement. âStreamlining the burden of sales tax compliance processes will save our customers data entry time, better leverage their existing IT resources, and minimize the chances of costly tax audits with the goal of increasing accuracy and productivity level throughout the process.â
Through the alliance, Epicor is able to offer all of Avalara's products and services and to link AvaTax(TM), Avalara's Web-based sales tax automation service with Epicor's end-to-end, industry-specific enterprise solutions for manufacturing, distribution, retail, hospitality and services. This new integration is expected to provide an accurate, automated way of calculating sales tax in real-time, across the thousands of North American taxing jurisdictions, with every transaction.
AvaTax integrates directly with a business' accounting software and is constantly updated to maintain accurate rates for more than 8,000 jurisdictions in the U.S. and Canada, the CPA Technology Advisor. AvaTax earned 4.5 stars from the August 2006 Review of Sales & Use tax System from the CPA Technology Advisor.
âWe are pleased to align with Epicor to augment its solutions to midmarket,â Ranjit Mulgaonkar, vice president of business development and product marketing at Avalara, said. âEpicor is known is the industry for its ability to deliver innovative enterprise business software solutions. This is a natural and beneficial partnership where both companies serve the same type of customers: customers who need affordable, dependable, accurate, productivity-saving technology to strengthen their operations.â