Avalara and Nodus Technologies Partner to Add Automated Sales Tax Processing to E-Payment Management; Integration with Avalara to Enhance Value of Nodus' Products for Companies Engaging in E-Commerce.BAINBRIDGE ISLAND, Wash. & CLAREMONT, Calif. -- Technology providers Avalara and Nodus nodus /no·dus/ (no´dus) pl. no´di [L.] node. no·dus n. pl. no·di A circumscribed mass of tissue; a node. nodus pl. nodi [L.] node. Technologies signed an OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and partnership agreement that will integrate Avalara's 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. automation Web service into Nodus Technologies' suite of electronic payment and online commerce products. According to Jared Vogt, President and 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, "Resulting from this agreement, Nodus Technologies will integrate Avalara's AvaTax service with Nodus Technologies' Credit Card Advantage, eStore Advantage and eStore Solution Stack products. This OEM integration will provide Nodus clients with an accurate, automated way of calculating sales tax -- in real-time -- across the more than 8,000 North American taxing jurisdictions with every payment and each e-commerce transaction." "With its streamlined, simplified model for handling sales tax, Avalara offers businesses making sales online a much-needed service," Simon Lam, COO of Nodus Technologies, explained. "By combining AvaTax with our products, we expand the value of our offering. Businesses can now eliminate the need for manual research or expensive manual or software-based tax solutions. Our reselling partners will benefit by providing a single, comprehensive and fully-integrated solution that simplifies the way credit card and electronic payments -- including sales tax -- are managed in their e-commerce or 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. environments." "Nodus Technologies is well-known for delivering a complete suite of electronic payments, online commerce and retail business solutions to businesses using Great Plains," according to Ranjit Mulgaonkar, VP of Business Development and Product Marketing at Avalara. "This is a natural and beneficial partnership, recognizing that there is a significant overlap between the type of customers we serve, as well as in our reseller channel. By integrating AvaTax with eStore Advantage, eStore Solution Stack and Credit Card Advantage, customers can now process their transactions and sales tax in one fully-integrated, automated step." For more information about pricing and availability, please contact sales@nodustech.com or visit www.nodus.com About AvaTax ST AvaTax ST is a Web-service-based sales tax solution that runs behind the scenes of the accounting or e-commerce application to instantly and accurately research and calculate sales tax; provide detailed, real-time reporting; and automatically generate pre-populated returns. It comes integrated with the most popular 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. financial applications serving more businesses than any other solution on the market today, including Intuit's QuickBooks(R); Sage Software's Sage Accpac ERP, Sage MAS 90(R) and Sage MAS 200; Epicor's iScala; and Great Plain(R)s, Navision(R), MS Small Business Financials and MS Commerce System from Microsoft(R) Business Solutions. Additionally, with AvaTax On-Demand(TM) a developer 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 (Software Developer's Kit) See developer's toolkit and Windows SDK. SDK - Software Developers Kit (or "Software Development Kit"). ). About Avalara Headquartered on Bainbridge Island near Seattle, Washington, Avalara is changing the sales and use tax Sales and use tax refers to:
About Nodus Technologies, Inc. Nodus Technologies, Inc. is a leading provider of integrated electronic payment business process automation software. Leveraging its patent-pending technology, the company enables organizations to achieve end-to-end connectivity by seamlessly integrating front and back office business applications. Nodus Technologies solutions facilitate greater scalability by utilizing an open architecture which readily supports the addition of payment gateways and business environments. Based on a collaborative framework, its applications integrate with Microsoft(R) Business Solutions -- Great Plains(R) as well as other accounting packages, ERPs, POS (1) See point of sale and packet over SONET. (2) "Parent over shoulder." See digispeak. POS - point of sale , B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business portal; call center, and CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. solutions. Additional information about Nodus Technologies products and services can be found at www.nodustech.com. |
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