Indirect tax

Avalara Survey Finds Businesses Are Turning to Automation to Manage Tax on Purchases

Retrieved on: 
Tuesday, March 26, 2024
RSM, Automation, GM, Organization, Face, EVP, Risk, Accounting, RSM US, ERP, Indirect tax, State

SEATTLE, March 26, 2024 /PRNewswire/ -- Avalara, Inc. , a leading provider of cloud-based tax compliance automation for businesses of all sizes, today released findings from a new survey* of accounts payable departments, accounting, finance, and tax professionals that focus on managing use tax obligations. The survey findings reveal that a majority of respondents believe use tax is challenging, with many indicating the cost of managing use tax obligations is high for their business.

Key Points: 
  • The survey findings reveal that a majority of respondents believe use tax is challenging, with many indicating the cost of managing use tax obligations is high for their business.
  • "These survey findings show us that businesses of all sizes can benefit from use tax solutions that integrate with the systems they're using to power their businesses."
  • Businesses of all sizes face multiple challenges related to use tax that can significantly impact various aspects of their procure-to-pay processes.
  • Avalara enables businesses to manage consumer use tax compliance in an easy-to-navigate portal with integrations into numerous ERP systems.

Thomson Reuters Corporation acquires majority interest in Pagero - a World Leader in E-Invoicing

Retrieved on: 
Monday, January 15, 2024
Thomson Reuters, Linklaters, Partnership, Indirect tax, Nasdaq First North, Acquisition, CTC, Growth, News

On January 11, 2024 Thomson Reuters announced a recommended public tender offer to acquire 100 per cent of the shares of Pagero (the "Offer").

Key Points: 
  • On January 11, 2024 Thomson Reuters announced a recommended public tender offer to acquire 100 per cent of the shares of Pagero (the "Offer").
  • The independent bid committee of Pagero's board of directors unanimously recommends all shareholders of Pagero accept the Revised Offer.
  • Pagero is a global leader in e-invoicing and indirect tax solutions, which it delivers through its Smart Business Network.
  • To ensure continuity for its community of Indirect Tax customers, Thomson Reuters is committed to maintaining Pagero as a market solution.

Cordiance Appoints Industry Leader Scot Stettler As New VP Of Customer Success

Retrieved on: 
Tuesday, September 5, 2023
Professional Services, Technology, Finance, Software, Fintech, Accounting, Customer success, Professional services, Nextgen, Indirect tax, Customer support, Thomson Reuters, Stettler, Scottish people, Pulse, Internet, Growth, Sales, Byzantine units of measurement, Vertex

Cordiance, the developer of Modios, the leading cloud-based intelligent implementation solution for indirect tax engines, today announced the appointment of Scot Stettler as its Vice President of Customer Success.

Key Points: 
  • Cordiance, the developer of Modios, the leading cloud-based intelligent implementation solution for indirect tax engines, today announced the appointment of Scot Stettler as its Vice President of Customer Success.
  • An industry leader and influencer, Scot joins Cordiance from Thomson Reuters where he served as a global leader in Client and Professional Services for Indirect Tax and Global Trade Management.
  • At Cordiance, Scot has responsibility for the growth of Cordiance's Customer Success program where he will lead multiple functions focused on the customer experience including Service Sales, Professional Services and Customer Support of Modios and Pulse, Cordiance’s industry leading indirect tax implementation platform and suite of integrated indirect tax solution management tools.
  • Cordiance builds advanced technology solutions which are changing the way that tax engines like ONESOURCE, Vertex, and others are implemented.

Avalara and Oracle Extend Relationship to Automate Tax Compliance for Oracle Cloud ERP Customers

Retrieved on: 
Tuesday, August 15, 2023
Cloud, Indirect tax, Application, File, EVP, Tax, ERP, Sale, HS, Organization, GM, Risk, Harmonized System, Oracle Cloud, OPN, Automation, Life insurance, Oracle

SEATTLE, Aug. 15, 2023 /PRNewswire/ -- Avalara, a leading provider of tax compliance automation software for businesses of all sizes and a member of Oracle PartnerNetwork (OPN), today announced expanded collaboration with Oracle to create a fast, easy, accurate, and automated touchless tax compliance experience in Oracle Fusion Cloud Enterprise Resource Planning (ERP). 

Key Points: 
  • Additional benefits include:
    Integrated compliance services: With Oracle Cloud ERP, customers can integrate core parts of the Avalara offering within hours, reducing implementation time by weeks.
  • Fully automated tax compliance management leverages up-to-date tax content for more than 900,000 tax rules across more than 30,000 tax jurisdictions to maximize accuracy of tax calculations.
  • Access to end-to-end compliance services: A single Oracle Cloud ERP integration provides access to critical compliance capabilities, like tax calculations and reporting.
  • Tax solutions powered by intelligent automation: The Oracle Cloud ERP integration gives customers seamless access to Avalara's artificial intelligence-powered compliance solutions to enhance the product experience and streamline tax management.

Colorado Leverages Avalara to Provide Businesses with Online Access to More Accurate Tax Rate and Rule Tools

Retrieved on: 
Tuesday, August 8, 2023
Database, Indirect tax, EVP, GIS, Tax, Geographic information system, Intelligence, Google Maps, GM, Automation, Access, City, Research, Life insurance, Cryptocurrency

With Avalara, Colorado delivers access to current tax rates and rules with easy-to-use online tools for residents and businesses selling goods and services in the state.

Key Points: 
  • With Avalara, Colorado delivers access to current tax rates and rules with easy-to-use online tools for residents and businesses selling goods and services in the state.
  • Because Colorado is a "home-rule" state for sales tax, local governments like cities and counties can administer and establish local sales tax rates and rules.
  • To make tax information readily available to businesses, Colorado adopted Avalara Tax Research, which is a self-service tax management tool that leverages Geographic Information System (GIS) technology to provide sales and use tax rates and thoroughly researched and verified tax information.
  • Using Avalara Tax Research, Colorado benefits from having businesses apply more accurate sales tax calculations.

Missouri Streamlines Processes Utilizing Avalara's Online Sales and Use Tax Rate Map

Retrieved on: 
Tuesday, July 18, 2023
Food, Indirect tax, EVP, Tax, Intelligence, Missouri Department of Revenue, Google Maps, Use tax, GM, Automation, Map, City, Research, GIS, Life insurance

SEATTLE, July 18, 2023 /PRNewswire/ -- Avalara, Inc. , a leading provider of cloud-based tax compliance automation for businesses of all sizes, today announced that the state of Missouri has leveraged Avalara Tax Research to power the state's publicly available online sales and use tax rate map .

Key Points: 
  • SEATTLE, July 18, 2023 /PRNewswire/ -- Avalara, Inc. , a leading provider of cloud-based tax compliance automation for businesses of all sizes, today announced that the state of Missouri has leveraged Avalara Tax Research to power the state's publicly available online sales and use tax rate map .
  • Missouri allows cities, counties, and other local governments to administer and establish their own sales tax rates and rules.
  • To make tax information readily available to businesses, Missouri adopted Avalara Tax Research, which is a self-service tax management tool that leverages geographic information system (GIS) technology to provide sales and use tax rates and thoroughly researched and verified tax information.
  • Using Avalara Tax Research, Missouri benefits from having businesses apply more accurate sales tax calculations.

Avalara Unveils E-Invoicing and Live Reporting API for Multinational Businesses

Retrieved on: 
Tuesday, May 23, 2023
Software, Payments, Data Management, Accounting, Professional Services, Technology, Apps, Applications, Electronic Commerce, IDC, Learning, Travel, Indirect tax, KRCU, Partner, SDI, EVP, API, ERP, Local, QR, GM, Collection, European, Headache, Bookkeeping, Online shopping

Avalara, Inc. , a leading provider of cloud-based tax compliance automation for businesses of all sizes, today unveiled Avalara E-Invoicing and Live Reporting, a new compliance API designed for multinational businesses to streamline their compliance with e-invoicing mandates around the world.

Key Points: 
  • Avalara, Inc. , a leading provider of cloud-based tax compliance automation for businesses of all sizes, today unveiled Avalara E-Invoicing and Live Reporting, a new compliance API designed for multinational businesses to streamline their compliance with e-invoicing mandates around the world.
  • Avalara E-Invoicing and Live Reporting helps businesses streamline international e-invoicing compliance, optimize payment and cash collection cycles, and save costs and resources.
  • Avalara E-Invoicing and Live Reporting lets businesses quickly and securely:
    Set up global e-invoicing capabilities in their ERP, ecommerce, or accounting systems.
  • Businesses can purchase Avalara E-Invoicing and Live Reporting from their ERP or accounting app store, set up their credentials, and configure the app based on their reporting needs.

Avalara and eBay Partner to Solve Cross-Border Compliance for Global Sellers

Retrieved on: 
Thursday, April 27, 2023
Technology, Finance, Fintech, Electronic Commerce, Accounting, Professional Services, Business, Software, Retail, Online Retail, Rail transport by country, Partnership, Indirect tax, Classification, EVP, Tax, Shopify, Xero, Government, HS, GM, Harmonized System, API, Navigation, Online shopping, Warehouse, EBay

Through eBay International Shipping, eBay has developed a solution to help its more than 5 million sellers make their products available to more than 70 million buyers worldwide.

Key Points: 
  • Through eBay International Shipping, eBay has developed a solution to help its more than 5 million sellers make their products available to more than 70 million buyers worldwide.
  • Several Avalara cross-border solutions will be natively available in eBay, including Avalara Cross-Border Estimated, Avalara Managed Tariff Code Classification, and Avalara Trade Restrictions Management.
  • Avalara Cross-Border Estimated calculates costs by leveraging the company’s industry-leading artificial intelligence engine and global compliance content database.
  • For more information about the eBay International Shipping program and cross-border compliance, please click here .

Avalara Announces New E-Invoicing Certifications and Participation in Local and Global Exchange Networks to Support Tax Compliance for Businesses and Governments

Retrieved on: 
Monday, April 24, 2023
Software, Internet, Payments, Finance, Accounting, Professional Services, Technology, Business, IDC, Indirect tax, Civil service commission, Federal, EVP, API, SDI, Trust, Federal Reserve, GM, Collection, Accreditation, European Commission, Revenue, Bookkeeping, Online shopping, PEPPOL, European

“For nearly 20 years, Avalara has served as the intermediary between business and governments to simplify the complexities around tax compliance.

Key Points: 
  • “For nearly 20 years, Avalara has served as the intermediary between business and governments to simplify the complexities around tax compliance.
  • “E-invoicing will have a significant impact on the tax management process of businesses in the next 24 months,” said Kevin Permenter, Research Director, IDC.
  • “Businesses selling globally will have to comply with e-invoicing requirements if they want to stay competitive and scale their operations.
  • In 2021, Avalara acquired INPOSIA Solutions GmbH , to enhance the company’s existing e-invoicing capabilities in Brazil and India to support customers worldwide with real-time compliance.

Sovos Provides Leadership for Companies Needing to Navigate VAT in the Digital Age (ViDA)

Retrieved on: 
Thursday, April 20, 2023
Civil service commission, VAT, Tax Administration Reform Commission, Sale, Information Age, Vida, Data, Anomaly, KPMG, European Commission, Cryptocurrency, Indirect tax, EU, Sovo

BOSTON, April 20, 2023 /PRNewswire/ -- Global tax software provider, Sovos, today announced that world-renowned VAT expert, Christiaan Van Der Valk, vice president of strategy and regulatory will headline the E-Invoicing Exchange Summit Miami, April 24 – 26, 2023. His scheduled presentation, ViDA and the Global Tax Digitization Tsunami: Overcoming Business Pitfalls will be his first public presentation on the topic since the European Commission (EU) announced its plans for ViDA in December of 2022.

Key Points: 
  • VAT in the Digital Age (ViDA) will change how trade within the EU is conducted and reported forever.
  • It will require changes in approach from both a regulatory and technology perspective to remain compliant with all local laws and mandates.
  • "By leveraging technology, tax administrations can now receive authenticated transaction data detailing every sale and purchase straight from companies' source systems.
  • By moving tax controls much closer to the actual business operation, tax administrations can also respond to anomalies in near-real-time.