FOR IMMEDIATE RELEASE
SpeedTax Links SaaS Sales Tax Solution to QuickBooks Pro, Premier and Enterprise Editions
Businesses using QuickBooks get cost-effective, web-based, fully-automated sales tax management service
Phoenix, Arizona – November 12, 2008 -- SpeedTax, Inc., a provider of Software-as-a-Service (SaaS), fully-automated sales tax management solutions, today announced that QuickBooks users can now automatically calculate sales tax for each transaction, across more than 12,000 U.S. sales tax jurisdictions, using SpeedTax MANAGER for QuickBooks Pro, Premier and Enterprise Editions. The announcement came during The Sleeter Group’s 2008 Accounting Software Consulting Conference in Phoenix.
The SpeedTax solution for QuickBooks calculates, reports, files and remits sales taxes online, helping small-to-medium-sized businesses simplify their most tedious sales tax functions, while significantly reducing their exposure to audit risk.
“Small-to-medium-sized companies are hearing much more frequently about stepped-up sales tax audit activity by state taxing authorities, and they know it’s important to take steps to protect themselves,” said Anton Donde, SpeedTax CEO. “For the many thousands of businesses running on QuickBooks, today’s announcement provides a solution to their sales tax management and compliance issues that is at once affordable, priced on a per-transaction basis with no contract and no hidden fees, and remarkably robust, providing the most accurate instant sales tax calculations of any service available today.”
“As we see more and more mid-market customers asking for QuickBooks Enterprise, we’re also seeing an uptick in inquiries around sales tax – specifically, what tools are available to help reign in compliance concerns and offload the most time-consuming tasks related to sales tax,“ said Kevin Cumley, President of Forepoint LLC, a QuickBooks Enterprise Solution Provider headquartered in Seattle. “SpeedTax is arriving with a QuickBooks solution at a very opportune time with a service that answers the primary needs of our customers: fully-automated and highly accurate sales tax management that handles everything from calculations to returns and remittance, with pricing that fits the budget of companies operating in a very unpredictable economy, and customer service that sets them apart from any other SMB sales tax solution.”
The SpeedTax solutions for QuickBooks Pro, Premier, and Enterprise customers are available immediately, and sold through a channel of authorized SpeedTax Business Partners. To locate the SpeedTax Business Partner nearest you, contact SpeedTax at 888.349.2441, and ask to speak with a sales representative.
QuickBooks Pro Advisors, QuickBooks consultants, and CPAs interested in partnering opportunities with SpeedTax can contact Tony Zuanich, SpeedTax VP of Sales at 888.349.2441, ext. 14.
About SpeedTax On-Demand Services
SpeedTax MANAGER™ is a comprehensive sales tax automation and management service built by accountants, for accountants. A Software-as-a-Service (SaaS) solution, it performs real-time, automated sales tax calculations, integrates seamlessly with its customers’ financial or e-commerce systems, and provides automatic returns preparation and filing, while enabling reporting, treasury management and audit defense with sophisticated, web-based compliance management and reporting tools.
SpeedTax MANAGER provides:
• Automatically prepared, signature-ready tax forms. The approval process is streamlined with built-in controls to save time and eliminate human error. Submitting documentation and remittance to the proper taxing authorities is handled automatically, and tools are built in to ensure tax-filing deadlines are anticipated, allowing for consistent, predictable preparation, on time and with a minimum of effort.
• Executive dashboard reports, highly functional management reports, detail reports down to the transaction level, tracking tools and comprehensive audit trail.
• Management of taxability, nexus, sourcing rules, exemptions, exceptions, shipping locations, SST volunteer status and other settings to meet the unique needs of each business.
• A link with each customer’s financial or e-commerce application to deliver correct sales tax calculations directly into their invoicing or customer set-up processes, allowing businesses to avoid rate look-ups and any potential manual error.
• Unmatched accuracy in jurisdiction and rate determinations, powered by SpeedTax Service Engine™ – SpeedTax’s high-performance, rules-based engine that is always up-to-date with geographic data, state rules, and all applicable variables unique to a customer’s business.
SpeedTax MANAGER™: Plus, Core, and Pro
SpeedTax MANAGER comes in three editions: Plus, the comprehensive calculation, reporting and returns service; Core, a pared-down option that automates calculations within the financial or e-commerce application but does not include returns, and SpeedTax MANAGER Pro, the expert-level automation and management service for professionals in the financial and accounting sectors servicing multiple clients. SpeedTax MANAGER Pro users get all the benefits of SpeedTax MANAGER Core and SpeedTax MANAGER Plus—with additional multi-client tools and custom reporting tools to help manage sales tax for a portfolio of multiple clients.
About SpeedTax
Headquartered in Laguna Hills, California, SpeedTax was founded on the premise that businesses of all sizes should be able to confidently, accurately and affordably outsource the most tedious, repetitious and time-consuming aspects of sales tax compliance – researching, calculating, posting, reporting and remitting sales taxes – while simultaneously acquiring the ability to better manage their business via online, real-time access to sales tax data. SpeedTax understands that customers want to feel fully confident in the event of an audit, but also believes that customers deserve much more from a complete sales tax management solution.
For more information on SpeedTax on-demand services, visit www.speedtax.com, call us at 888.349.2441, or contact us via email at pr@speedtax.com.
