Avalara and Workday expand partnership with e-invoicing compliance
The tax compliance automation software business has announced its e-invoicing and live reporting solution is now available through Workday Marketplace.
Avalara revealed Workday customers will be able to access Avalara e-invoicing and live reporting solutions (Avalara ELR) through Workday Marketplace.
The software business said the Avalara ELR solution gave customers a robust tax automation tool to help remain compliant with e-invoicing regulations globally.
It was noted the automation tool leveraged Built on Workday, a program that Workday partners utilised to create and market pre-built apps to tackle business and industry challenges.
Avalara said this development was the latest milestone in a long-standing partnership between Avalara and Workday.
Avalara VP Alex Baulf said Avalara ELR enabled businesses to efficiently exchange e-invoices via public document exchange networks such as Peppol or DBNA in the US.
The system also allowed for the transmission of e-invoices and reported data in real time to tax authorities through local government platforms to comply with country-specific e-invoicing and live reporting requirements in various countries at once.
“With Avalara ELR available through Built on Workday and listed on the Workday Marketplace, e-invoicing compliance becomes business as usual for Workday customers,” Baulf said.
“As the regulatory landscape for e-invoicing continues to grow around the world, we’re proud to be with Workday customers every step of the way to help them meet their compliance needs with a seamless solution.”
According to Avalara, the ELR system offered a unified user experience within the Workday platform through multiple capabilities.
Capabilities of the platform included meeting global compliance standards, e-invoicing from within business systems, being easily expandable to other countries, and leveraging a single compliance solution.
Baulf noted Avalara ELR was uniquely equipped as an “end-to-end compliance service to more accurately calculate tax rates as required by the tax authority and create e-invoices in the proper format and transmit those via the requested platforms.”
About the author
