Avalara, which provides tax automation solutions, now offers a tax content generation tool for point-of-sale systems.
Avalara Content Generation for POS feeds real-time tax content to POS systems so businesses can manage complex tax scenarios as they happen, including accounting for sales tax holidays, multiple locations, threshold taxes and more.
Businesses that operate brick-and-mortar stores, freestanding kiosks or carts, and mobile locations are increasingly subject to specific complexities in sales tax compliance, especially driven by the COVID-19 pandemic. As more consumers use buy online but pickup in store options, retailers offering omnichannel experiences need the ability to manage taxes across both online and in-person channels.
Avalara Content Generation for POS updates tax content as rates and rules change and provides self-service features for users to control how and when they want their tax content. The idea is for the solution to streamline compliance with various checkout systems and provide accurate tax calculations during checkout.
“Avalara Content Generation for POS provides businesses that have physical locations with the up-to-date tax content needed to more accurately calculate sales tax in their POS systems, whenever and however they need it,” said Sanjay Parthasarathy, chief product officer at Avalara, in a statement. “The new solution enables businesses to easily manage the most complex tax scenarios end-to-end for their POS, which allows them to save time on manually updating tax rules and transforming data and reduce the risk of error and noncompliance.”
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