KIRKLAND, WA, March 12, 2013- Acumatica, a leading global provider of cloud Enterprise Resource Planning (ERP) and financial software, today announced the availability of enhanced sales tax integration for Acumatica 4.0, the broadest, most extensive cloud ERP product release in the company’s history.
Instead of being “tax-table driven”, Acumatica 4.0 features a real-time integrated sales tax solution using Avalara’s industry-leading Software as a Service (SaaS) offering, AvaTax, which strengthens the accuracy and efficiency of compliance with sales and use taxes. AvaTax for Acumatica gives real-time rates and jurisdictional boundary information so accounting staff can focus on accounts receivable and other revenue-positive activities.
During the sales order entry or the invoice entry, sales tax can be automatically calculated after saving or releasing a document. After releasing the document, the user can navigate to the Tax Details tab and see the tax that has been applied to the customer invoice as well as the tax total amount on the document summary.
“We have a vibrant and innovative partner ecosystem built around Acumatica,” said Christian Lindberg, Acumatica’s VP Partner Solutions. “Developing applications for Acumatica 4.0 allows our partners to access our latest technologies and deliver true competitive advantage to mid-market customers. We congratulate Avalara for bringing their innovative AvaTax service to Acumatica customers.”
“Our integrated solution helps Acumatica customers easily manage and remain compliant with increasingly complicated tax regulations,” said Avalara Founder and CEO Scott McFarlane. “As one of America’s fastest-growing companies, Avalara is pleased to welcome Acumatica customers to our ever-expanding community.” Learn more about Avalara’s integration with Acumatica at the “Simplifying Sales Tax With Acumatica” webinar on March 19.
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Founded in 2004, Avalara pioneered a service-based platform for sales tax and compliance automation and has been recognized for years as one of America’s fastest growing technology firms. The company’s cloud solutions help thousands of customers stay focused on their core businesses by providing automated end to end compliance services including sales and use tax calculation, exemption certificate management, filing and remittance, and a broad array of related services.
Avalara built its technology platform and extensive user base using internal expertise and the strategic acquisition of industry leading organizations, technologies, and personnel. Operating behind the scenes via seamless integration with virtually any business management system, Avalara delivers fast, easy, accurate, and affordable solutions for companies of any size.
On the international front, the company supports 72 countries in Europe, Asia, Latin America, and the Pacific Rim. It serves tens of thousands of registered users globally and calculates VAT, sales and use taxes on one billion transactions annually. The company employs nearly 400 professionals at its headquarters on Bainbridge Island, WA and offices in Seattle WA; Irvine, San Diego and Rocklin, CA; Falls Church, VA; Raleigh, NC; Harrisburg, PA; and Pune, India.
Founded in 2008, Acumatica is the fastest-growing provider of adaptable cloud ERP applications for small and midsized businesses (SMBs). Acumatica’s browser-based cloud ERP apps (financials, distribution, CRM, and project accounting suites) are optimized for ease of use, adaptability, speed, and security. Acumatica Cloud Platform, the technology development platform, gives ISVs and OEMs competitive advantage and fast time-to-market for developing and integrating cloud-based apps using industry standard tools. Unlike other SaaS ERP vendors, Acumatica is the only cloud ERP solution to offer businesses unparalleled adaptability, from choice of deployment, to device independence, to unlimited users, to licensing, integration, and customization options. Delivered through a global channel partner network of VARs, ISVs, and OEMs, Acumatica is available in the U.S., Canada, and Mexico, with global affiliates in Europe, South East Asia, and the Middle East. With U.S. headquarters in Kirkland, Washington, and software engineering based in Moscow, Russia, Acumatica has been named a Red Herring Top 100 Global Tech Company. Learn more by visiting the new www.acumatica.com.
Director, Analyst Relations, Public Relations