Zuora and Avalara Expand Partnership with an Integrated E-Invoicing Solution for Modern Business
15 Noviembre 2023 - 8:00AM
Business Wire
Zuora, Inc. (NYSE: ZUO), a leading monetization suite for modern
businesses, today 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.”
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. To learn more about e-invoicing through Avalara
and Zuora, please visit here.
About Avalara
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. Visit avalara.com to improve your compliance
journey.
About Zuora, Inc.
Zuora provides a leading monetization suite for modern
businesses across all industries, enabling companies to unlock and
grow customer-centric business models. Zuora serves as an
intelligent hub that monetizes 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 monetize direct, digital
customer relationships. Headquartered in Silicon Valley, Zuora
operates offices around the world in the Americas, EMEA and APAC.
To learn more about the Zuora monetization suite, please visit
www.zuora.com.
© 2023 Zuora, Inc. All Rights Reserved. Zuora, Subscribed,
Subscription Economy, Powering the Subscription Economy,
Subscription Economy Index, Zephr, and Subscription Experience
Platform are trademarks or registered trademarks of Zuora, Inc.
Third party trademarks mentioned above are owned by their
respective companies. Nothing in this press release should be
construed to the contrary, or as an approval, endorsement or
sponsorship by any third parties of Zuora, Inc. or any aspect of
this press release.
Forward-Looking Statements
This press release contains forward-looking statements that
involve a number of risks, uncertainties and assumptions, including
but not limited to statements regarding the expected benefits,
release and availability of Avalara’s integrated e-invoicing
solution on Zuora’s platform. Any statements that are not
statements of historical fact may be deemed to be forward-looking
statements. Actual results could differ materially from those
stated or implied in forward-looking statements due to a number of
factors, including but not limited to, risks detailed in the “Risk
Factors” section of Zuora’s Quarterly Report on Form 10-Q filed
with the Securities and Exchange Commission (SEC) on September 6,
2023, as well as other documents that Zuora may file from time to
time with the SEC. The forward-looking statements in this press
release are based on current expectations as of the date of this
press release and Zuora undertakes no obligation to update or
revise any forward-looking statements, whether as a result of new
information, future events or otherwise.
SOURCE: ZUORA FINANCIAL
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version on businesswire.com: https://www.businesswire.com/news/home/20231115138166/en/
Margaret Pack press@zuora.com 619-609-3919
Zuora (NYSE:ZUO)
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