Avalara Exemption Certificate Management Pro Drives Compliance Automation with Next-Generation Technology
Certain businesses and entities are exempt from paying sales tax on select taxable purchases, but are required to provide an exemption certificate to the vendor at the time of transaction. In our digital-first world, more tax-exempt sales are happening online and across multiple channels, requiring vendors to collect and validate exemption certificates quickly. However, for many businesses, the process of collecting, validating, and storing exemption certificates remains a manual, time-consuming, and error-prone process that can lead to costly audits.
The industry’s first AI-powered automation tool for exemption certificate management
Avalara Exemption Certificate Management (ECM) Pro is a new solution that helps businesses automate the creation, collection, completion, usage, and storage of exemption certificates and other sales tax compliance documents. ECM Pro delivers new and innovative capabilities for
- An automated document validation tool that leverages AI and OCR to automatically scan compliance documents for data entry and certificate validation, leading to increased accuracy, as well as time and cost savings
- A reimagined user experience based on simplicity and customization that provides businesses with an easy-to-use dashboard for visibility into the status of exemption certificates
- Access to more than 35 integrations into billing, ecommerce, and ERP systems, as well as a robust open API architecture for additional integration development, supporting best-of-breed integration solutions and key tasks from within leading ERPs
- A powerful integration that enables businesses to automatically request exemption certificates from customers at checkout, streamlining the certificate collection process
- New tools for businesses to automate renewal requests for expiring certificates to help maintain ongoing compliance
“Until recently, tax-exempt transactions have usually taken place in person through paper-based processes. As more B2B sales happen online, the need for automated compliance document solutions has grown,” said
For additional information about Avalara Exemption Certificate Management Pro, please click here.
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