| FEATURES | BENEFITS | |
|
| Service vs. Software |
· Professionally managed repository for addresses and taxes
· Scalable pricing
· Always on, real-time access
· Millisecond response time
· Unlimited user licenses
| · Don't need to dedicate an IT resource to implement
· Minutes to activate
· No maintenance
· Always on current version
· No maintenance or upgrade fees |
| Integration |
· Integrates seamlessly with your ERP
· Customer file
· Vendor file
· Inventory file
· Line item detail
· Both Purchase and Sales documents
· No changes to internal process of ERP | · Transparent to the end-user
· No training time
· Non invasive
· No Risk to:Your data integrity or your accounting system
· All work is done in accounting system |
| AutoAddress+ |
· Coding accuracy support system
( CASS ) Certified Zip+4 database - Corrects,Standardizes, and Validates
· Up to date database
· Service, not software
· Millisecond response time | · Best source of address data in the country
· Ease of data entry
· Decrease data entry time
· Reduced shipping rates
· Good lists for Marketing, IT, Shipping & Accounting
· 60 second service activation
· No update process required |
| AutoJurisdiction |
· Works with auto address to return correct jurisdiction and rate for each transaction
· Automatic rate research and validation on every line item of every transaction
· Eliminates all schedules except one | · NEVER Research or maintain a tax rate again
· NEVER create or maintain tax schedules and details again
· NEVER Make a mistake
· NEVER Make a rate decision again
· Eliminate the need of manually selecting/assigning a schedule or detail
· Collect Correct amounts
· Reduced audit risk and cost
· Improved internal control
· Provides best practices in sales and use tax compliance
· No update process required |
| Statutory Requirements - Sales Tax |
· Covers 8000+ jurisdictions in North America
· Nexus management
· Consider all sourcing rules in every line item
· Point of Origin
· Point of Destination
· Point of Acceptance
· Handles exceptions, exemptions
· Customers
· Products
· Calculates Taxability based on all of the above | · NEVER Make a mistake
· Ensure you are charging the correct amounts
· Decreased data entry time
· Reduced audit risk
· Full Compliance for statutory sourcing requirements
· Improved internal control
· Provides best practices in sales and use tax compliance |
| Statutory Requirements - Use Tax |
· Automatically calculates use tax based on jurisdiction
· Handles single/multi locations, Centralized Purchasing
· Handles home rule/self administered states
· Creates Use Tax accrual and allocates to appropriate purchasing accounts | · NEVER Make a mistake
· Ensure you are paying the correct amounts
· Decreased data entry time
· Throw away your calculator
· Reduced audit risk
· Full Compliance for statutory sourcing requirements
· Improved internal control
· Provides best practices in sales and use tax compliance |
| Reporting |
· All data available online
· Secure online access
· Line item details
· Taxable and non-taxable items
· Reason codes
· Location codes
· Revenue/cost account reconciliation
· Export in standard data format (.csv)
· Consolidate data on multiple companies | · Ease of filing
· Reduced audit risk
· Reduction of audit time and effort
· Monthly remittance reports in minutes
· Allows management to enforce internal controls (Sarbanes-Oxley)
· Provides best practices in sales and use tax compliance |
Returns |
· Collects sales tax information from various internal and external sources · Automates the entire returns preparation process · Brings up the tax returns, schedules, worksheets, and reports you will need, right on your screen · Your tax data is automatically populated onto the form, from information supplied by your accounting application
| · Reduced data entry time · Decreased errors |
