Date Posted: 9/15/2010
Exact Introduces the Avatax for Exact Sales Tax Compliance Solution
MIDDLETON, Mass.--(BUSINESS WIRE)--Exact, a leading provider of business software solutions, and Avalara, the industry’s most trusted provider of automated sales tax compliance, are pleased to announce the immediate availability of Avatax for Exact. Seamlessly integrated with Exact Macola ES, Exact Macola Progression and Exact Globe products, AvaTax for Exact represents a leap forward for thousands of businesses with sales and use tax compliance challenges.
“We are pleased to bring the AvaTax market-leading solution to Exact customers,” said Mitchell Alcon, President of Exact North America. “Customers will realize tangible benefits, no longer having to worry about tax compliance across many jurisdictions. AvaTax for Exact is a proven solution and perfectly suited to the small and medium size businesses we serve.”
AvaTax for Exact helps eliminate the hassle of compliance processes and reduces audit risk for businesses of all sizes. The web-based service delivers address validation, jurisdiction, rate, boundary, and rule research, automated rate calculation, returns preparation and remittance. The solution is easy to implement and can be integrated with accounting, e-commerce, point-of-sale and third party or custom-built systems.
The sales tax landscape is changing rapidly (North America’s 15,000+ taxing jurisdictions have implemented more than 4,500 rate and rule changes in 2010 alone). AvaTax for Exact helps customers achieve compliance automatically, without the need for expensive manual resources, and offers peace of mind against audits and penalties from cash-starved states. AvaTax for Exact customers also enjoy the further benefit of fully automated returns filing and remittance —enabling true “end to end” automated sales tax compliance.
“We are very pleased to extend our partnership with Exact and bring AvaTax to their customers”, says Scott Mcfarlane, Avalara Founder and CEO. "AvaTax for Exact truly is the only solution addressing the sales and use tax complexities Exact customers face every day. Combining our strengths with Exact Software's business applications, we can provide fully integrated, comprehensive, and cost-effective business solutions for thousands of Exact Software customers worldwide."
Exact. And it all comes together.
We started serving the entrepreneurial world with information technology in 1984. We have grown from a student start-up to a global solution provider and our entrepreneurial roots constantly remind us that adding value for our customers is what we are here for. With approximately 2,200 employees in 40 countries, we serve over 100,000 local and international companies in more than 125 countries and provide our business software solutions in more than 40 languages. We have been listed on the NYSE Euronext Amsterdam since June 1999 and our revenues amounted to € 232.5 million in 2009.
Serving entrepreneurial businesses is at the heart of what we do. We understand their mindsets, how they collaborate within their business community and the structure they need to achieve results. With this knowledge we provide software solutions that support every business activity and give real-time insight into the entire business. This gives our customers the freedom to successfully address challenges and opportunities, creating value for their customers and ultimately for themselves.
For further information about Exact visit www.exact.com.
About Avalara:
Based in Bainbridge Island, WA, Avalara –one of the fastest growing companies in America – is transforming the sales and use tax compliance process for businesses of all sizes. With point-and-click ease, Avalara provides the fastest, easiest, most accurate and affordable way for companies to address their statutory tax requirements. Avalara is the industry’s most trusted provider of sales and use tax automation solutions, serving more than 25,000 licensed users located throughout the U.S., Canada, and abroad, delivering more than 300 million sales tax transactions, and filing and remitting more than $10 billion in sales & use tax collections per year. For more information, please visit www.avalara.com.
To set up an interview with executive Scott McFarlane, please contact Yvonne Tomascak, Marketing Manager at Avalara, at 206-826-4900 x1149, or email yvonne.tomascak@avalara.com.
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