Avalara’s TrustFile Reduces Risk with Greater Accuracy and Speed for Free to Ecommerce Startups
Bainbridge Island, WA – April 17, 2014 – Avalara, Inc., a leading cloud-based sales tax and compliance automation technology provider, today introduced a free version of Avalara TrustFile™, a new sales tax reporting and filing solution for online sellers. Whether starting up or managing the complexity of a growing ecommerce business, TrustFile helps ecommerce sellers and online small businesses quickly and accurately determine their sales tax filing requirements across the many thousands of tax jurisdictions in the United States.
“A few cloud-based services exist to help small ecommerce companies with the pain of handling sales tax reporting requirements, but at a cost,” said Webb Stevens, Head of Product at Avalara. “We’re pleased to eliminate this obstacle by providing our TrustFile solution free of charge. It’s our way of helping budding ecommerce businesses get a foothold in a risk-free way.”
TrustFile provides detailed sales tax reporting information across more than 12,000 tax jurisdictions in the United States, helping online sellers know exactly where, when and how much to file. Ecommerce business owners can use TrustFile to determine whether or not they are collecting the right amount of sales tax in each individual state, and then store a record of their sales tax history securely in the cloud.
TrustFile supports Fullfilment by Amazon sellers with timely, accurate information on sales tax collection requirements based on Amazon’s business presence in states or municipalities where a seller’s customer may reside. With support for PayPal, TrustFile adds another layer of integration to make managing sales tax simple.
Additionally, TrustFile is the only complimentary solution available today allowing uploads and reconciling of any sales transaction history using .csv files. That means no matter what systems ecommerce sellers use to run their business, TrustFile provides a single solution for managing sales tax online.
“Establishing and running an ecommerce business is hard enough without the worry of when and how to file your sales tax,” said Stevens. “Avalara TrustFile eliminates the worry by making the entire process straightforward.”
Avalara makes sales and VAT tax compliance simple and automatic for thousands of customers worldwide every day. Each year its SaaS-based, sales tax and compliance automation software solutions deliver billions of tax decisions, manage millions of exemption certificates, file hundreds of thousands of sales tax returns, and remit billions of tax dollars to states nationwide.
Recognized as one of America’s fastest growing technology companies, Avalara is integrated with leading ERP and ecommerce software systems that serve millions of businesses worldwide. Founded in 2004 and privately-held, Avalara’s venture capital investors include Battery Ventures, Sageview Capital and other institutional and individual investors. Avalara employs more than 500 people at its headquarters on Bainbridge Island, WA and in offices across the U.S. and in London, England and Pune, India. More information at:www.avalara.com