FurnitureCore
Search Twitter Facebook Digital HFBusiness Magazine Pinterest Google
Advertisement
Ad_EMarketPreview

Get the latest industry scoop

Subscribe
rss

Daily News

From Home Furnishing Business

Storis and Avalara Join to Automate Tax Compliance

Storis, a provider of software solutions for the appliance, bedding, furniture, and electronics industries, has partnered with Avalara, a provider of tax compliance automation software for businesses of all sizes.

As a result of this partnership, Storis’ retailers now have access to AvaTax, Avalara’s cloud - based solution, to automate sales tax compliance processes, including calculating sales tax on every invoice. AvaTax eliminates the work and complexity of calculating, reporting and remitting indirect taxes across multiple jurisdictions, and helps businesses focus on their core offering.

Avalara’s AvaTax calculates applicable taxes, fees, and surcharges for every billing line item, in real - time. This will integrate with Storis’ Enter a Sales Order, Enter a Quick Sale, and Enter a Service Order Processes. Updates to tax rules occur behind the scenes and are always current for use through Storis’ Point of Sale and eCommerce Checkout Processes.

AvaTax will calculate proper sales tax during a Point of Sale Transaction, as well as calculate the value of tax associated with refunds via Storis’ Return, Exchange, and Adjust Dollars on a Completed Order processes. Their Address Validation feature will ensure that the address supplied by a customer is complete and accurate for billing and delivery purposes. Additionally, retailers can report on tax per line item with integrated reporting.

The newly - certified integration with AvaTax comes at a historic moment in retail and sales tax history, as the Supreme Court recently ruled in South Dakota v. Wayfair that states can compel online retailers to collect and remit sales tax.

“While this ruling levels the playing field between brick - and - mortar and online retailers, it also adds a layer of complexity to managing sales tax regulations both in - store and online. Our integration with AvaTax allows our customers to automate the most time consuming and onerous aspects of sales tax compliance,” said Anthony Urciuoli, director of product management at Storis.

“Storis understands the needs of its customers, and their Unified Commerce Solution reduces complexity for their home furnishings retail customers across a variety of mission - critical business functions,” said Marshal Kushniruk, EVP of global business development at Avalara. “We understand that digitization of business processes is not an option, it is essential; we are proud to offer fast, accurate, and easy tax compliance solutions to our shared customers.”

As part of the certification process, Storis was required to meet a rigorous series of criteria developed by Avalara to ensure performance and reliability.



Comments are closed.
Performance Groups
HFB Designer Weekly
HFBSChell I love HFB
HFB Got News
HFB Designer Weekly
LinkedIn