|
Drop Powers Global Ecommerce with Avalara Tax Calculations and Returns
Wednesday, May 8, 2024
SEATTLE, April 30, 2024 /PRNewswire/ -- Avalara, Inc., a leading provider of cloud-based tax compliance automation for businesses of all sizes, today announced that Drop, an Italian technology company, is improving compliance and saving time with Avalara's core software solutions for tax calculations and returns. The Italy-based company has been helping retailers sell for 20 years, and its customers' products are shipped to buyers around the world, including Australia, Canada, Singapore, the U.K., and the U.S.
Prior to automating its tax processes, Drop operated in the ecommerce space and calculated sales and use tax, VAT, and GST manually. Not only was this a heavily manual process and a headache for the Drop team, accuracy was also an ongoing issue. In 2022, Drop received notification that it exceeded tax thresholds in Canada and the U.S., and was required to register to collect tax within certain Canadian provinces and U.S. states. The company scoured the internet for tax compliance providers and asked partners for recommendations.
"We sought a tax compliance provider that integrated with our internal software and major ecommerce platforms in the market. We leverage all of the major platforms to run our business, so Avalara was the clear choice for our tax compliance needs," said Stefano De Angelis, Project Manager at Drop. "Since implementing Avalara software, Drop has reduced the time we spend on tax compliance from two business weeks a month to three to four days a month -- which is a 65% gain in efficiency for our global business!"
Drop calculates tax on nearly 10,000 transactions a year using Avalara AvaTax and files more than 150 returns annually using Avalara Returns. One of the top benefits of using Avalara Returns is Drop's ability to make a single payment each filing period to remit tax in the 22 U.S. states where it sells and another for Canada.
"Companies, like Drop, who are growing globally trigger new tax compliance obligations by simply expanding into new countries and channels," said Liz Armbruester, EVP of Customer and Compliance Operations at Avalara. "Avalara's specialized tax compliance solutions support a company's growth and are available in more than 75 countries. With our robust partner integrations, AvaTax, our core product, seamlessly plugs into existing platforms to automate day-to-day compliance for tens of thousands of companies around the world -- making compliance faster and easier."
Find more information about the Avalara and Drop success story here. To learn more about how Avalara helps retailers and brands solve tax compliance challenges, click here.
About Avalara
Avalara makes tax compliance faster, easier, more accurate, and more reliable for 41,000+ business and government customers in over 75 countries. Tax compliance automation software solutions from Avalara leverage 1,200+ signed partner integrations across leading ecommerce, ERP, and other billing systems to power tax calculations, document management, tax return filing, and tax content access. Visit avalara.com to improve your compliance journey.
About Drop
Drop | e-business & love! is an ecommerce provider with over 20 years of experience in advisory, design, development, and management of omnichannel ecommerce architectures and solutions, both B2B and B2C. Drop accompanies brands and companies in a scenario that -- from ecommerce -- is rapidly moving toward a fully integrated "commerce." Strategy, project management, UI/UX, ecommerce management, performance marketing, customer care, cloud infrastructure, and administrative management: All this ensures a 360° ecommerce.
View original content to download multimedia:https://www.prnewswire.com/news-releases/drop-powers-global-ecommerce-with-avalara-tax-calculations-and-returns-302130860.html
SOURCE Avalara, Inc.
|
|
|
|
|
|
 |
Etsy to Participate in Upcoming Investor Conferences | May 19, 2024
|
|
Thorn's Safer Named a 2024 Marketplace Risk Solution Provider Excellence Program Honoree | May 19, 2024
|
|
Oracle Named a Leader in 2024 Gartner® Magic Quadrant(TM) for Warehouse Management Systems | May 19, 2024
|
|
Thomson Reuters to Present at CIBC Technology & Innovation Conference | May 19, 2024
|
|
Harmonic Launches New High-Density Remote OLT to Simplify Fiber Broadband Service | May 19, 2024
|
|
$242 Million Patent Lawsuit: Quandary Peak's Analysis Crucial in Jury's Verdict Against Microsoft | May 19, 2024
|
|
RedCloud(R) Rewrites the Rules of eCommerce With the Next Generation of Open Commerce | May 19, 2024
|
|
Squarespace to Go Private in $6.9B All-Cash Transaction with Permira | May 19, 2024
|
|
IEEE Marks 50 Years of the Internet with Celebration of Global Historic Milestones | May 19, 2024
|
|
MDU Internet Services Reinforces Commitment to Serve Student Housing Connectivity Needs With Expanded Mission and Personnel | May 19, 2024
|
|
|
|
