Avalara and Epicor Form Alliance to Offer Automated Sales Tax Compliance to the Midmarket.ALBUQUERQUE, N.M. -- Sales tax sales tax, levy on the sale of goods or services, generally calculated as a percentage of the selling price, and sometimes called a purchase tax. It is usually collected in the form of an extra charge by the retailer, who remits the tax to the government. technology provider Avalara and Epicor Software Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :EPIC), a leading provider of enterprise business software solutions to the global mid-market, today 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 of enterprise resource planning See ERP. (application, business) Enterprise Resource Planning - (ERP) Any software system designed to support and automate the business processes of medium and large businesses. (ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. ) applications. "Sales tax administration and compliance presents an ongoing operational and audit burden to most businesses," Jared Vogt, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Avalara, said. "Based on Web services (1) Loosely, any online service delivered over the Web. Such usage appears in articles from non-technical sources, but not in IT-oriented publications, because definition #2 below describes the correct use of the term. technology and with a central management console, Avalara offers a full-service sales tax solution that customers can deploy on-premise or in an on-demand, hosted environment." 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 North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. taxing jurisdictions with every transaction. "With 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," John Hiraoka, senior vice president and chief marketing officer of Epicor, explained. "Streamlining 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." "We are pleased to align with Epicor to augment its solutions to the midmarket," Ranjit Mulgaonkar, vice president of business development and product marketing at Avalara, said. "Epicor is known in 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." About AvaTax(TM) An SMB (1) (Small to Medium-sized Business) Also called "SME" (small to medium-sized enterprise), it refers to companies that are larger than the small office/home office (SOHO), but not huge. market-leading, Web-service-based sales tax solution, AvaTax instantly and accurately calculates sales tax for clients in any of the more than 8,000 taxing jurisdictions in North America; provides detailed, real-time reporting; and automatically generates pre-populated sales tax returns. AvaTax comes integrated with SMB financial applications serving more businesses than any other solution on the market today, totaling 26 versions of 10 interfaces. Additionally, with AvaTax SDK (Software Developer's Kit) See developer's toolkit and Windows SDK. SDK - Software Developers Kit (or "Software Development Kit"). (TM), developers can integrate Avalara's sales tax Web service with any e-commerce, third party or custom-build solution with use of a comprehensive Software Developer's Kit See SDK. (SDK). About Avalara Headquartered on Bainbridge Island near Seattle, Washington, Avalara is changing the sales tax landscape by delivering innovative and affordable solutions to small and midsized businesses. Avalara's mission is to transform the sales tax compliance process by creating cost-effective, state-of-the-art solutions, and does so primarily through integrated, on-demand and Web-based services that provide transparent transactions, accurate tax compliance, painless administration and effortless reporting. Through a technology agreement struck in June, 2005, Avalara customers are able to tap into advanced capabilities provided by Taxware - notably, Taxware's highly regarded taxability matrix covering thousands of industry-specific product, service, entity and use-based rules, and Taxware's VAT capability that addresses more than 150 countries around the globe. Augmented by Taxware, Avalara gives midmarket companies access to the same world-class technologies used by the world's leading corporations. Avalara is also one of only two sales tax automation providers operating as Certified Service Providers (CSPs) for businesses participating in the multi-state Streamlined Sales Tax program. For more information, visit www.avalara.com. About Epicor Software Corporation Epicor is a global leader dedicated to providing integrated enterprise resource planning (ERP), customer relationship management (CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. ), supply chain management (SCM (1) (Software Configuration Management, Source Code Management) See configuration management. (2) See supply chain management. ) and professional service automation (PSA (Professional Services Automation) An information system designed to organize, track and manage all opportunities, work, resources, costs, revenues and invoices to improve the productivity and efficiency of the workforce. ) software solutions to midmarket companies and divisions of the Global 1000. Founded in 1984, Epicor serves over 20,000 customers in more than 140 countries, providing solutions in over 30 languages. Employing innovative service-oriented architecture (SOA (1) (Start Of Authority) The first record in a DNS zone file. See DNS records. (2) (Service Oriented Architecture) The modularization of business functions for greater flexibility and reusability. ) and Web services technology, Epicor delivers end-to-end, industry-specific solutions for manufacturing, distribution, retail, hospitality and services that enable companies to drive increased efficiency, improve performance and build competitive advantage. Epicor solutions provide the scalability and flexibility to meet today's business challenges, while empowering enterprises for even greater success tomorrow. Epicor offers a comprehensive range of services with its solutions, providing a single point of accountability to promote rapid return on investment and low total cost of ownership. Epicor's worldwide headquarters are located in Irvine, California with offices and affiliates around the world. For more information, visit www.epicor.com Epicor is a registered trademark of Epicor Software Corporation. Other trademarks referenced are the property of their respective owners. The product and service offerings depicted in this document are produced by Epicor Software Corporation and/or Avalara. |
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