Avalara, Inc., together with its subsidiaries, provides cloud-based solutions for transaction tax compliance worldwide. The company offers a suite of compliance solutions that enable businesses to address the complexity of transaction tax compliance; process transactions in real time; produce detailed records of transaction tax determinations; and reduce errors, audit exposure, and total transaction tax compliance costs. The company's solutions include AvaTax, a solution for determining sales tax in the United States; Avalara Compliance Cloud Returns for tax return preparation, filing, and remittance; which creates, validates, stores, and manages sales tax exemption. It also provides professional services, including nexus studies and back filing services, voluntary compliance initiatives, tax registrations, reverse audits, audit defense, and specialized tax research. The company was formerly known as Advantage Solutions, Inc. and changed its name to Avalara, Inc. in December 2005. Avalara, Inc. was incorporated in 1999 and is headquartered in Seattle, Washington.

Avalara, Inc.

Avalara Brasil

Avalara Europe

Avalara India

Avalara Partners

Avalara makes tax compliance faster, easier, more accurate, and more reliable for 30,000+ business and government customers in over 90 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. 

Sixth Street Specialty Lending

Warburg Pincus

Pioneer Venture Partners

Arthur Ventures

Battery Ventures

Sageview Capital

Avalara

In our first company meeting of the year, Megan Higgins, SVP of Global Partners made her AvaChat debut as we talked about the importance of Avalara Partners and our new Partner Program.

Today’s launch is the beginning of a multiyear vision for partners to drive sustainable growth and opportunity, make it easier to do business with Avalara, and deliver peace of mind to their customers who are leveraging a leading tax compliance platform. 

Get full details for our new partner program here:
https://lnkd.in/g98ewHcV

#AvalaraPartner #Avaculture

Our Avalara Partners are a part of what makes us great—from collaborating at industry events to innovating tax solutions for customers, we exemplify teamwork.

That’s why we’re excited to unveil the new Avalara Partner Program designed to help our partners elevate their game with more valuable opportunities for growth.

Hear from our executive leadership team Megan Higgins, Frank D. Hanzlik, Karine Elsen, Mark Wilhelm, and Jeff Roth to get full program details and an overview of the new partner portal.  

📆: January 31, 2024
🕘: 9 a.m. PT

Register here: 
https://lnkd.in/gHJajTV8

#AvalaraPartners #TaxCompliance #Automation #TaxAutomation


Countless teams and countless hours go into creating a product with as big an impact as our Avalara Tax Changes report. 

But here are a few things the report has that we can quantify:

- 160+ pages of sales tax information
- 7 major industries represented
- 100+ visuals 

Prepare yourself for the year with our free guide on tax changes and trends: https://lnkd.in/ducuCT2W

It may be 2024, but we're seeing 20/20! We are proud to share that we have  been recognized as a market leader in G2’s Winter 2024 Grid for Sales Tax and VAT Compliance Software, making this our 20th consecutive quarter as a leader. 🎉

As the world’s largest and most trusted software marketplace, G2 is visited by 90 million software buyers each year. Products recognized in the leader quadrant are rated highly by G2 users and have substantial Market Presence scores. 

#Avaculture

What should you expect this year in the world of tax? We asked experts from Avalara to provide their predictions for 2024.

The biggest topics were #AI, #automation, and the accounting labor shortage.

Check out the full 2024 predictions from Avalara's Vsu Subramanian, George Trantas, Scott Peterson, Alex Baulf, Sona B Akmakjian, CPA, and Kael Kelly, and tax and accounting professionals Diane Yetter, Michelle River, Irfan Dossani, Randy Johnston, Rick Telberg, Gail Perry, CPA, S. Yvonne Scott, Blake Oliver, CPA, and Geni Whitehouse.

https://lnkd.in/g9zHDCKD 

#Tax #Accounting

	Dec '15	Dec '16	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21
revenue	123.16M -	167.43M 35.94%	213.16M 27.32%	272.10M 27.65%	382.42M 40.55%	500.57M 30.89%	698.98M 39.64%
cost of revenue	40.74M -	48.51M 19.06%	57.98M 19.51%	78.65M 35.66%	115.30M 46.60%	143.09M 24.11%	204.83M 43.14%
gross profit	82.41M -	118.91M 44.29%	155.18M 30.50%	193.45M 24.66%	267.12M 38.08%	357.47M 33.82%	494.14M 38.23%
selling and marketing expenses	98.69M -	103.48M 4.86%	133.79M 29.29%	168.82M 26.18%	168.63M 0.11%	204.49M 21.26%	296.01M 44.75%
general and administrative expenses	33.68M -	36.88M 9.48%	34.29M 7.02%	39.60M 15.51%	71.92M 81.60%	95.24M 32.43%	137.30M 44.16%
selling general and administrative expenses	132.37M -	140.36M 6.04%	168.08M 19.75%	208.42M 24.00%	240.55M 15.42%	299.73M 24.60%	433.31M 44.56%
research and development expenses	29.79M -	32.85M 10.28%	41.26M 25.62%	51.91M 25.80%	82.44M 58.82%	119.71M 45.21%	167.39M 39.83%
other expenses
cost and expenses	202.90M -	221.72M 9.27%	267.32M 20.57%	338.98M 26.81%	438.29M 29.30%	562.54M 28.35%	805.53M 43.20%
operating expenses	162.16M -	173.21M 6.81%	209.34M 20.86%	260.33M 24.35%	322.99M 24.07%	419.44M 29.86%	600.70M 43.21%
interest expense	746K -	2.30M 208.45%	2.58M 12.34%	2.61M 0.89%	289K 88.92%		2.31M -
ebitda	-71.50M -	-44.52M 37.73%	-51.90M 16.57%	-61.12M 17.75%	-33.16M 45.74%	-37.26M 12.35%	-83.09M 123.00%
operating income	-79.74M -	-54.29M 31.92%	-63.33M 16.65%	-76.05M 20.09%	-55.87M 26.54%	-61.97M 10.91%	-119.61M 93.03%
depreciation and amortization	9.12M -	10.43M 14.36%	10.86M 4.16%	12.80M 17.89%	15.81M 23.47%	20.23M 28.00%	36.53M 80.53%
total other income expenses net	-1.61M -	-2.96M 83.09%	-2.01M 31.88%	-472K 76.55%	6.61M 1,501.06%	4.48M 32.32%	-2.31M 151.63%
income before tax	-81.36M -	-57.25M 29.63%	-65.34M 14.14%	-76.53M 17.11%	-49.26M 35.63%	-57.49M 16.71%	-121.92M 112.07%
income tax expense	-3.59M -	640K 117.81%	-1.22M 290.47%	-976K 19.93%	955K 197.85%	-8.31M 970.05%	3.31M 139.81%
net income	-77.76M -	-57.89M 25.56%	-64.13M 10.78%	-75.55M 17.81%	-50.21M 33.54%	-49.18M 2.05%	-125.23M 154.63%
weighted average shs out	57.39M -	57.39M 0%	56.83M 0.97%	38.69M 31.92%	73.34M 89.56%	80.98M 10.42%	86.26M 6.52%
weighted average shs out dil	57.39M -	57.39M 0%	56.83M 0.97%	38.69M 31.92%	73.34M 89.56%	80.98M 10.42%	86.26M 6.52%
eps	-1.36 -	-1.01 25.74%	-1.13 11.88%	-1.95 72.57%	-0.68 65.13%	-0.61 10.29%	-1.45 137.70%
epsdiluted	-1.36 -	-1.01 25.74%	-1.13 11.88%	-1.95 72.57%	-0.68 65.13%	-0.61 10.29%	-1.45 137.70%

COM:AVALARA

Avalara Inc

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