Avalara Announces New Tax Compliance Automation Solutions Designed for Accountants at All Practice Levels | Business
SEATTLE – (BUSINESS WIRE) – May 27, 2021 –
Avalara, Inc. (NYSE: AVLR), a leading provider of cloud-based tax compliance automation for businesses of all sizes, today announced a range of new automation products and services from tax compliance designed specifically for accountants.
Avalara for Accountants provides accounting professionals with technology to simplify and streamline their tax compliance practice, including:
- Options for automating the preparation and filing of sales tax returns
- Research, preparation and management of licenses
- Expert advice on sales tax
New product and service offerings give accountants access to the same Avalara cloud technology used to process millions of sales tax returns and remit billions of dollars each year. This goal underscores Avalara’s commitment to providing accountants with cutting-edge technology to evolve their practice, meet increasingly complex client compliance needs, and devote more resources to more valuable consulting work.
Solve customer compliance issues, scale a niche practice
Avalara Unveils New Growth-Driven Automation Solutions For Accountants Following Consecutive Historical Disruptions. COVID-19 and the ongoing state-by-state regulatory changes resulting from the South Dakota Supreme Court decision v. Wayfair, Inc., 2018, have forced professionals to seek new efficiencies and services to meet the challenges urgent compliance needs of their customers. , many of whom started selling online or increasing their online sales during the pandemic.
Avalara for Accountants is uniquely designed for the workflow and processes unique to professional service providers. Businesses can now use Avalara’s compliance automation solution to effectively scale the sales tax services customers need, including:
Preparation and filing of sales tax.Streamline the tax preparation and filing process through automation, with more precision and control. Avalara offers two distinct tax preparation and filing platforms, based on the needs of each practice:
- Avalara returns for accountants is the choice of companies with a mature sales tax practice, offering the flexibility of the process to support the most demanding customers. These firms are expanding their practice with accountant feedback using multiprocessor workflow management, data import, and filing automation.
- Returns managed by Avalara for accountants appeals to practices that wish to outsource sales tax compliance, freeing up their precious resources for higher value work, while maintaining status visibility with the ability to sign final client returns.
Expert advice on sales tax.Respond with authority to customer inquiries about sales tax, rates and regulations, reducing the time spent trying to interpret government websites:
- TTR tax expert access for accountants includes DIY sales tax research tools along with plain language explanations, historical information, rooftop tax rates, and yes / no answers to share with customers. Accountants can use the TTR service to model complex scenarios and develop easy-to-understand comparison tables to support advice to clients.
Management of commercial licenses.Streamline the process of finding, obtaining and renewing business licenses for clients, including government permits, tax registrations, workforce certifications, contracts, leases and violations:
- Avalara license management for accountants provides integrated workflow management to support the research, acquisition and renewal processes. A multi-tenant dashboard makes it easy to track license status and build a business managing customers’ business licenses.
âOur decision to adopt the Avalara Returns for Accountants platform, in addition to TTR Tax Expert Access for Accountants, was based on several factors, with ROI at the top of the list – we can take advantage of the automation technology of repository of Avalara and other expert tools to make our service offerings more profitable and generate future revenue through new customer insights, âsaid Jason Parr, CEO of Peisner Johnson, a consulting firm in national and local taxation. “Businesses, including a new generation of businesses new to e-commerce, will continue to be driven by relentless changes in state tax policies, a wider tax net and closer scrutiny. deposit practices for customers, even the smallest. We’re ready to provide them with the right solution for preparing and filing sales tax returns, and we look forward to future offerings from Avalara to continue to address this changing tax landscape. “
With today’s announcement, accounting and tax practices of all sizes now have distinct options for charting the way forward with a leading cloud compliance provider, taking control of complex customer needs, and planning for growth. of the company. Avalara for Accountants enables professionals to:
Enable business scalability. Expand your customer base with less staff and attract new customers with differentiated services that were once low-margin. Automation has changed the equation.
Drive efficiency. Reduce the time spent on simple operational tasks; manage multiple clients and staff assignments for maximum productivity; and automate tedious tasks to focus staff on more profitable consulting services.
Reduce business and customer risk. Use the same proven technology used by Avalara; confidently answer customer questions based on authoritative tax and licensing content; and reduce manual errors by automating recurring processes.
Improve customer satisfaction. Increase the value of the company for each client by offering more services; allow clients to focus on strategic projects while reducing their compliance burden; and reduce the risk and exposure associated with client audits.
âOur accounting partners are a vital part of Avalara’s compliance ecosystem, providing services to common clients ranging from consulting and business implementation to preparation and filing of returns,â said Sanjay Parthasarathy , Product Manager at Avalara. âAvalara for Accountants provides the products and services needed by accounting firms to automate and evolve their practice, expand their offerings and simplify their need to deal with the endless changes associated with tax compliance.
Avalara will continue to add new capabilities, features and functionality to the Avalara for Accountants solution. Look for upcoming updates as we provide accountants with the latest technology solutions to grow their practice and better serve valued clients.
For more information on Avalara for Accountants, please click here.
Avalara helps businesses of all sizes be properly tax compliant. Partnering with leading providers of ERP, accounting, e-commerce and other financial management systems, Avalara provides cloud-based compliance solutions for various transaction taxes, including sales and usage. , VAT, GST, excise duties, communications, accommodation and other types of indirect taxes. Based in Seattle, Avalara has offices in the United States and around the world in Brazil, Europe and India. More information on avalara.com.
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KEYWORD: UNITED STATES NORTH AMERICA WASHINGTON
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SOURCE: Avalara, Inc.
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PUB: 05/27/2021 4:50 a.m. / DISC: 05/27/2021 4:51 a.m.