MOUNTAIN
VIEW, Calif., July 16,
2024 /PRNewswire/ -- JustPaid, a leading digital
FinTech innovator and AI revenue platform, has just announced the
introduction of a tax partner into their software: Avalara.
Avalara will be an option when billing through JustPaid, as
JustPaid's AI technology will be reading billing information and
calculating tax based on what is charged from a customer contract.
This mapping will happen in the customer contract page itself for
taxes when the customer contract is uploaded, and each and every
item code will be mapped to Avalara for tax.
For some more background on Avalara, the brand's Ava Tax
software automatically calculates sales tax, VAT, GST, and other
transactional taxes in real-time across multiple jurisdictions. It
also offers end-to-end solutions for managing tax compliance,
provides cross-border solutions, integrates with existing systems,
and simplifies the process of collecting and managing U.S. sales
and use tax exemption certificates, among so much more. By
automating these complex tax compliance processes, Avalara helps
businesses of all sizes save time, reduce costs, improve accuracy,
and stay compliant with ever-changing tax regulations across
multiple jurisdictions. For example, Avalara helps businesses in CA
who have different tax codes than their Ohio-based customers avoid penalties if they
are unknowingly exposed - so that the proper sales taxes on the
county and state levels are paid out accordingly.
"The integration of Avalara into JustPaid creates a host of
automated tax compliance solutions for our business users, across
state lines, and is a helpful solution for them," says
Anelya Grant, co-founder of
JustPaid.
"JustPaid was the perfect partner for us to integrate with, and
we are thrilled to be able to offer our services to JustPaid's
growing user base," says Liz
Armbruester, EVP of Customer and Compliance Operations at
Avalara.
JustPaid, which, upon its 2023 launch raised $4M+ in funding,
provides an aggregate source of all of a small business's
financials, with management and solutions powered by their
state-of-the-art AI software.
For more on JustPaid, visit: JustPaid.io, and follow along on
YouTube and Instagram.
About JustPaid.io:
JustPaid.io is a leading AI revenue
management platform, providing financial payment solutions,
dedicated to innovating how businesses transact in the digital age.
With a focus on ease of use, security, and speed, JustPaid.io's
platform supports businesses across various industries in
optimizing their financial operations.
Media Contact:
Kayla
Doering
LMPR Communications
press@justpaid.io
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SOURCE Just Paid