Avalara, Inc., a leading provider of cloud-based software delivering compliance solutions related to sales tax, VAT, and other transactional taxes, announced an integration with Stripe to provide calculation and compliance services to companies using Stripe, a payment platform for web and mobile merchants.
Avalara’s cloud-based solutions are now fully integrated with Stripe’s subscription billing service, as well as the Stripe API. This allows Stripe merchants to automatically calculate the sales tax owed on every transaction, and automate the process for tax return preparation, filing, and remittance.
“We’re thrilled to see Avalara integrate such a useful tool on top of the Stripe platform,” said Cristina Cordova, Head of Business Development. “Merchants who use Stripe can integrate in minutes, unlocking a service to help minimize the complexity and tedious work of calculating and reporting on taxes across multiple jurisdictions.”
Avalara pioneered a service-based compliance platform for sales tax automation more than a decade ago and today works within a company’s own financial, billing, ecommerce, or point of sale system to provide an end-to-end suite of transactional tax compliance services for businesses of all sizes.
Marshal Kushniruk, EVP of Global Business Development at Avalara said, “Avalara has a passion for helping small businesses grow and thrive, and the announcement is a nice win for Stripe merchants dealing with the complexities of sales tax management and compliance. Avalara’s integration with Stripe allows business owners to focus on their primary expertise and on business-building activities rather than time-intensive and compulsory reporting tasks.”