Avalara and NetSuite Form Alliance to Offer Automated Sales Tax Management Service to the SMB market
BAINBRIDGE ISLAND, Wash. — October 29, 2007 — Avalara (www.avalara.com), a leading small and medium business (SMB)-oriented provider of on-demand, web-based sales tax compliance services and NetSuite Inc. (www.netsuite.com), a leading provider of on-demand enterprise resource planning (ERP) and customer relationship management (CRM) application software, today announced an alliance extending Avalara's innovative SaaS based sales tax automation solution, AvaTax T to NetSuite customers as an add-on.
Available today, AvaTax™ for NetSuite provides the NetSuite customer a complete sales tax compliance solution including easy management and maintenance of nexus, exemption certificates, and product and service taxability rules; real-time processing and reporting of sales tax based in the industry's most accurate address validation, jurisdictional assignment and rates and boundaries data; and the availability of fully outsourced sales tax returns services providing businesses a single source for sales tax remittance. As a partner of NetSuite's SuiteFlex developer program, Avalara used the SuiteFlex technology (Suitelets, SuiteScript and SuiteBundler) to make this service available to NetSuite customers as an add-on service.
"Sales tax administration and compliance presents an ongoing operational and audit burden to most businesses," said Ranjit Mulgaonkar, vice president of business development of Avalara. "Based on Web services technology and with a central management console, Avalara offers a full-service sales tax compliance solution that customers can readily activate in an on-demand, hosted environment. We have integrated AvaTax T with the NetSuite platform making it easier for customers to activate and use."
"NetSuite is always looking to partner strategically with industry leaders like Avalara who provide an affordable service for a specific business process that is traditionally done manually or requires expensive enterprise software. With this strategic partnership, NetSuite will be able to provide our customers automated, accurate and affordable service to improve accuracy and the ongoing costs of sales tax compliance," said Mini Peiris, NetSuite VP of Product Management. "Because both NetSuite and AvaTax™ operate on software as a service platforms (SaaS), customers do not need to buy expensive hardware and software to run their business efficiently."
"We are pleased to align with NetSuite to augment its solutions to the SMB market, a market which has been our focus since the inception of Avalara," said Scott McFarlane, CEO of Avalara. "NetSuite is known in the industry for its ability to deliver innovative integrated business management solutions. This is a natural and beneficial alliance where both companies serve the same type of customers: customers who need affordable, dependable, accurate, productivity-saving technology to strengthen their operations."
AvaTax for NetSuite is available now at www.avalara.com/netsuite or by calling 1-877-780-4848, option 1.
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.
NOTE: NetSuite, the NetSuite logo and SuiteFlex are registered service-marks or trademarks of NetSuite Inc.