Bainbridge Island, WA (PRWEB) April 02, 2012
Avalara (http://www.avalara.com), the leading provider of fully automated, up-to-date sales and use tax compliance solutions, today announced that its cloud-based AvaTax sales and use tax automation solution has been awarded 5-Stars in CPA Practice Advisor’s 2012 Sales & Use Tax Review.
The annual ranking of leading sales and use tax management systems focuses on those products that help small-to-medium-sized businesses deal with the unique complexities of transactional tax compliance. CPA Practice Advisor looks at four key areas in determining overall ratings (1-5 stars): basic system functions; compliance capability; integration/import/export; and help/support.
The highest 5-star rating for AvaTax was based on high scores in each of the four key areas, in addition to the following strengths:
- Directly integrates with a business’ accounting and sales systems
- Rates and rules for over 14,000 jurisdictions are continuously maintained by Avalara, no updates required
- Broad reporting and oversight capabilities
- Optional exemption certificate management service (AvaTax Certs) is available
- AvaTax Returns provides automated compliance processing
- Complies with Streamlined Sales Tax and other state treaties
“Avalara’s 5-star rating reflects the fact that AvaTax has reached technology milestones in rate determination and compliance capability, and overall effectiveness in dealing with the volatility and challenges inherent in sales tax management,” said Isaac O’Bannon, Chief Editor at CPA Practice Advisor. “In addition, Avalara is also one of the few vendors to offer an accountant-focused version of its sales tax compliance system, providing firms of all sizes with a robust platform to deliver an automated tax compliance service that was likely too cumbersome to manage for clients using manual processes.”
“We are truly honored and very pleased to receive this recognition from CPA Technology Advisor,” said Scott McFarlane, CEO at Avalara. “Avalara has worked hard since our inception to offer the best possible technology solutions to help businesses easily, affordably, and confidently manage their transactional tax burden. It’s a great pleasure to see our technology independently validated in CPA Technology Advisor’s annual product review.”
For more information on Avalara’s end-to-end sales and use tax management solutions, go to http://www.avalara.com.
Avalara is the market leader and visionary in sales tax automation for businesses of all sizes. It simplifies the complexity associated with sales and use tax and – in the process – makes compliance achievable by all.
Avalara partners with nearly 170 of the world’s leading accounting and commercial software publishers to accomplish this. Its web-based offering provides the most complete set of transactional tax compliance services available, including tax calculation, exemption certificate management and returns processing. It also offers 1099 filing and reporting.
Established in 2004, Avalara is a founding member and Certified Service Provider of the Streamlined Sales Tax initiative and one of the fastest-growing companies in America. It employs more than 275 professionals at its headquarters on Bainbridge Island, WA and offices in Seattle; Irvine, San Diego and Rocklin, CA; Falls Church, VA and Pune, India.
For more information, please visit http://www.avalara.com.