Avalara have announced a new partnership with Xero that lets accountants, bookkeepers, and small businesses automate sales tax.
The new partnership will bring advanced sales tax workflows and management directly into the Xero platform, enabling advisors and business owners to automate sales tax calculations, reporting, and filing.
We know people don’t start their small business to be buried in tricky admin. Our new partnership with the experts at Avalara, we can automate compliance work and give small businesses and their advisors a simple, efficient, and beautiful experience to meet their tax obligations so they can focus on growing their business.
– Anna Curzon, chief product officer at Xero
Recent research found that small businesses with up to five employees spend an average of 163 hours or $17,672 each month on sales tax compliance. The partnership will allow Avalara and Xero to build an integration solution that automates the sales tax compliance journey from within the Xero platform, which allows accountants and small businesses to more easily manage sales tax calculation and reporting.
Looking forward, accountants and businesses will benefit from additional sales tax functionality from across Avalara’s suite of products, including e-filing options and more detailed reporting tools.
Sales tax continues to change and become more complex, especially for small businesses. We want to make it as easy as possible for these businesses to have access to automated solutions so they can focus on running their business, By partnering with Xero, we are able to inject Avalara’s tax compliance expertise and technology directly into a leading global accounting platform for a convenient way for businesses to manage sales tax. This partnership will also support accountants by automating the management of changing tax rates and rules, and providing validated data to process returns for clients.
– Sanjay Parthasarathy, chief product officer at Avalara
The post Avalara partners with Xero to automate sales tax for SMBs appeared first on ChannelX - formerly Tamebay.
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