Zuora, Inc. (NYSE: ZUO), a leading monetization suite for modern businesses, expanded its partnership with Avalara, Inc., a leading provider of cloud-based tax compliance automation for organizations of all sizes, which will provide Zuora customers with access to Avalara E-Invoicing and Live Reporting.
Countries around the world continue to adopt e-invoicing mandates as well as additional digital reporting requirements, such as live reporting of invoice data and e-reporting of international sales and purchases. But compliance is often complex and costly, as timelines and regulations vary by country. The expanded partnership between Zuora and Avalara will help equip companies to meet these requirements with an integrated solution.
“Zuora’s partnership with Avalara arms modern businesses with the technology necessary today to pursue recurring growth on a global scale,” said Balaji Subramanian, Vice President, Global Partner Ecosystem at Zuora. “Now, our joint customers will be able to meet varying e-invoicing and live reporting requirements through Zuora.”
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With Avalara E-Invoicing and Live Reporting, Zuora customers will be able to:
- Set up global e-invoicing capabilities: Zuora customers can set up Avalara E-Invoicing and Live Reporting, set up their credentials, and configure it based on their reporting needs.
- Access e-invoice exchange networks and government platforms: Businesses can connect to national and international networks as well as government e-invoicing platforms.
- Support e-invoicing models by country or region: Connect to Avalara’s global API to fulfill e-invoicing mandates, including digital signatures, QR codes, digital archiving, and tax authority clearance and approvals.
- Monitor the status of e-invoices: Monitor the status of all their e-invoices from a single reporting console, providing real-time visibility on the life cycle of the e-invoice and any messages or errors returned by tax authorities.
- Set up archiving: Archive e-invoices to comply with data localization, security, and retention policies.
“Today’s announcement enables Zuora customers to meet evolving requirements with Avalara’s leading e-invoicing technology,” said Meg Higgins, SVP of Global Partners at Avalara. “Together, we’re empowering companies to expand globally while mitigating compliance barriers to entry.”
Zuora also provides out-of-the-box Peppol data export, which can be used to submit e-invoices through a Zuora workflow to the Peppol e-invoicing network.
Avalara’s integrated e-invoicing solution will be available through Zuora starting in early 2024. Avalara is a certified and accredited Peppol service provider in Europe, Australia, New Zealand and Japan.
SOURCE: BusinessWire