Avalara Recognized as a Leader in First IDC MarketScape Report on Global Tax Automation
Posted on: 05/Mar/2019 4:47:45 PM
Avalara, Inc. (NYSE:AVLR), a leading provider of tax compliance automation software for businesses of all sizes, has been named as a Leader in the IDC MarketScape: Worldwide SAAS and Cloud-Enabled Sales Tax and VAT Automation Applications 2019 Vendor Assessment (doc #US43263718, January 2019).
The report highlights an increase in business interest and need for a tax automation solution to mitigate new compliance risks resulting from a rapidly expanding global digital economy, new legislation across the globe to capture new revenue from this digital transformation and enhanced indirect tax enforcement tactics.
The IDC MarketScape report is a guidance tool for businesses seeking to digitize their tax compliance processes. The report suggests considering Avalara when “your business is growing and encountering indirect tax management challenges, such as navigating regulatory change, beginning an omni-channel ecommerce strategy, facing new product expansion, or selling in new geographic areas.”
The IDC MarketScape noted Avalara has “significant tax determination coverage in 30 countries, with expanding coverage in 100+ others,” bolstered by over 1,600 employees globally, with locations in North America, Europe, South America, and Asia.
