Avalara Inc. has agreed to acquire German software company Inposia Solutions GmbH.
Tax compliance company Avalara expands services with the purchase of Inposia, which focuses on e-invoicing, digital tax reporting, and integration for businesses. “E-invoicing is becoming a mandatory global requirement for transactional tax compliance. Inposia is an essential platform to connect sellers and suppliers, and businesses and governments. The trusted facilitation of data between these parties and across any business system is essential to success as governments move from the end of the transactional tax chain to the middle,” says Avalara corporate development EVP Jayme Fishman.
Seattle-based Avalara uses cloud technology to provide compliance advice to businesses.