AVLR - AVLR STOCK NEWS

Avalara, a leader in tax compliance automation, announced its upcoming virtual investor conference presentations. CFO Ross Tennenbaum will present at three key events: the Canaccord Genuity Growth Conference on August 11, 2021, at 2:30 p.m. ET, the Piper Sandler Global Technology Conference on September 13, 2021, at 1:00 p.m. ET, and the Citi Global Technology Virtual Conference on September 14, 2021, at 3:30 p.m. ET. Live webcasts will be available on the Avalara investor relations website, with archived replays accessible later.

Avalara, Inc. (NYSE: AVLR) has launched Avalara for Hospitality, a solution designed to streamline tax compliance for the hospitality sector, including hotels and online travel agencies. This tool automates tax calculations and filing, addressing challenges faced during the sector's recovery from shutdowns. By integrating with existing systems, it offers improved compliance, reduced audit risks, and enhanced operational efficiency. As businesses aim to regain profitability, Avalara for Hospitality supports them in navigating evolving tax regulations.

Avalara, Inc. (NYSE: AVLR) has launched the Avalara Managed Tax Category Classification, an AI-driven tool designed to simplify tax categorization for businesses. This product addresses the complexities of classifying over 13,000 sales tax jurisdictions in the U.S. and aims to enhance accuracy and efficiency in tax compliance. Businesses can benefit from improved tax calculations, reduced classification time, and minimized audit risks. This solution supports businesses in managing their product catalogs effectively while ensuring compliance with varying tax laws.

Avalara, a leader in tax compliance automation, will report its Q2 financial results on August 5, 2021, after market close. The company will host a conference call at 2:00 p.m. PT (5:00 p.m. ET) to discuss these results and business highlights. Investors can participate via phone or listen to a webcast available at their investor relations website. Avalara, headquartered in Seattle, provides cloud-based compliance solutions for various indirect taxes globally, partnering with leading financial management systems.

Avalara, Inc. (NYSE: AVLR), a leader in cloud-based tax compliance solutions, has updated its products to assist businesses with new EU VAT rules effective July 1, 2021. These changes aim to simplify VAT compliance with the introduction of the One-Stop Shop (OSS) and Import One-Stop Shop (IOSS) regulations, designed to alleviate the burden of multiple VAT registrations for sellers. Avalara's enhanced solutions include VAT registration management, calculation management, and reporting management, providing automated tools to help businesses navigate the complexities of VAT compliance across the EU.

Volusion, an ecommerce services provider based in Austin, Texas, has partnered with Avalara (NYSE: AVLR) to enhance tax compliance for its customers. This collaboration allows Volusion users to utilize Avalara's AvaTax for real-time sales and use tax calculations at checkout. Both companies emphasize the importance of automated tax compliance to reduce complexity and costs. As a result of achieving 'Certified for AvaTax' status, Volusion aims to improve customer experience and operational efficiency through seamless integration of tax solutions.

Avalara, Inc. (NYSE: AVLR) has appointed Srinivas Tallapragada and retired Lieutenant General Bruce Crawford to its board of directors. Tallapragada, president and chief engineering officer of Salesforce, brings significant product development experience from his roles at major tech companies. Crawford, previously the Army's chief information officer, adds expertise in enterprise IT and cybersecurity. CEO Scott McFarlane highlighted that their leadership will be vital for Avalara's global SaaS platform expansion, emphasizing the importance of diverse perspectives in the board's composition.

Avalara (NYSE: AVLR) has announced enhancements to its cross-border tax compliance solutions, introducing Trade Treaty Support and Trade Restrictions Management. These features will help businesses leverage favorable treaty rates in cost calculations and avoid selling restricted items internationally. Key benefits include improved efficiency, reduced costs, and enhanced customer experience. The new capabilities are currently available for transactions involving Canada, Mexico, the U.S., and several EU countries, streamlining compliance amid expanding e-commerce.

Avalara, Inc. (NYSE: AVLR) has launched new tax compliance automation solutions specifically designed for accounting professionals. These offerings include automated sales tax return preparation, license management, and expert tax advice. The initiative aims to help accountants efficiently manage their practices amidst evolving compliance demands due to COVID-19 and regulatory changes. By leveraging Avalara's technology, firms can improve efficiency, reduce manual errors, and enhance client satisfaction while scaling their services effectively.