News

Zuora strengthens partnership with Avalara for global e-invoicing solution

Monday 20 November 2023 10:58 CET | News

US-based cloud-based subscription management platform Zuora has provided its customers with access to Avalara’s E-Invoicing and Live Reporting.

 

Countries around the globe are increasingly adopting e-invoicing mandates and additional digital reporting obligations, including live reporting of invoice data and e-reporting of international sales and purchases. However, achieving compliance is frequently complex and expensive, given the varying timelines and regulations across countries. The enhanced collaboration between Zuora and Avalara aims to provide companies with an integrated solution to effectively address these requirements.

Officials from Zuora said that their partnership with Avalara arms modern businesses with the technology necessary to pursue recurring growth on a global scale. Now, their joint customers will be able to meet varying e-invoicing and live reporting requirements through Zuora.

Zuora has provided its customers with access to Avalara’s E-Invoicing and Live Reporting.

This partnership enables Zuora’s customers 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 fulfil 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 localisation, security, and retention policies.

Also commenting on this development, representatives from Avalara said this announcement enables Zuora customers to meet evolving requirements with Avalara’s leading e-invoicing technology. Together, they’re allowing 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.

What does Avalara do?

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.

More information about Zuora

Zuora provides a monetisation suite for modern businesses across all industries, enabling companies to unlock and grow customer-centric business models. The company serves as an intelligent hub that monetises and orchestrates the complete quote to cash and revenue recognition process at scale. Through its industry leading technology and expertise, Zuora helps more than 1,000 companies around the world, including BMC Software, Box, Caterpillar, General Motors, Penske Media Corporation, Schneider Electric, Siemens, and Zoom nurture and monetise direct, digital customer relationships.


More: Link


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: e-invoicing, compliance, partnership, regulation, API, data sharing
Categories: Payments & Commerce
Companies: Avalara, Zuora
Countries: World
This article is part of category

Payments & Commerce

Avalara

|

Zuora

|
Discover all the Company news on Avalara and other articles related to Avalara in The Paypers News, Reports, and insights on the payments and fintech industry: