Avalara and Oracle Team Up to Enhance Global Tax Compliance
Avalara, a well-known provider of tax compliance automation software, has joined forces with Oracle to make a significant impact on global tax compliance. This collaboration has led to the seamless integration of two key products into the Oracle Cloud ERP, improving the user experience for businesses dealing with complex tax regulations.
Boosting Efficiency for Joint Customers
Through this partnership, Avalara's Global Indirect Tax Cloud Service and Oracle's Avalara North America Tax Returns Cloud Service are now integrated directly into Oracle's B2B transactions. This means users can manage their tax processes effortlessly, ultimately reducing the operational burdens tied to tax compliance.
Automating to Streamline Processes
The Avalara Global Turnkey Tax Activation, co-developed by both companies, resides within the Oracle Cloud ERP platform. It allows users to quickly activate core tax functionalities and enjoy a hassle-free configuration process. This advanced solution cuts down what used to take months of data handling to just a few hours, giving organizations the freedom to focus on growth while maintaining compliance.
The Advantages of Avalara and Oracle’s Integration
Businesses that utilize the combined offerings of Avalara and Oracle can unlock numerous benefits. By adopting a unified turnkey solution, companies can eliminate manual tax processes that have historically consumed valuable time and resources. This reduction in the risk surrounding tax calculations and return submissions promotes a smoother operational flow.
Support and Innovation from Experts
Avalara is dedicated to providing enterprise-level customer support, adding even more value to their integrated solutions. As part of this partnership, Avalara offers automated tools that align with Oracle’s commitment to customer-centered innovation. These resources not only enhance operational efficiency but also lead to significant cost savings for businesses trying to adapt to the evolving market landscape.
A Durable Partnership Aimed at Tax Compliance
The collaboration between Avalara and Oracle dates back to 2013, motivated by a shared objective to ease the challenges of tax compliance for businesses of every size. By harnessing automation to simplify regulatory requirements, both companies empower their clients to allocate more resources toward innovation, rather than navigating complex tax laws.
This latest development isn’t just a new feature; it could signal the start of a trend where technology simplifies tax compliance across different platforms, fostering harmony within global business operations.
Frequently Asked Questions
What does the Avalara and Oracle partnership entail?
The partnership aims to integrate Avalara's tax compliance automation solutions within Oracle Cloud ERP, enhancing efficiency and simplifying tax management for users.
How will this integration benefit businesses?
This integration streamlines tax compliance processes, significantly cuts down implementation times, and reduces risks linked to tax calculations and filings.
What is the Avalara Global Turnkey Tax Activation?
This is a solution co-developed with Oracle that offers a touchless tax activation process, enabling organizations to set up tax systems quickly and effectively.
How does Avalara support Oracle customers?
Avalara provides top-notch customer support and automated tools that integrate directly into Oracle solutions, boosting operational efficiency and ensuring substantial cost savings.
When did Avalara and Oracle start their collaboration?
The collaboration kicked off in 2013, with the goal of simplifying tax compliance for businesses and automating their regulatory requirements across various sectors.