SpeedTax Debuts Sales Tax Automation And Management Solutions For Sage MAS 90 ERP, Sage MAS 200 ERP And Sage Accpac ERP At Sage Summit

DENVER--(BUSINESS WIRE)--SpeedTax, Inc., a provider of Software-as-a-Service (SaaS), fully-automated sales tax management solutions, today announced the immediate availability of SpeedTax MANAGER for Sage MAS 90 ERP, MAS 200 ERP, and Sage Accpac ERP. Sage Software customers attending Sage Summit, Sage Software's annual customer conference in Denver, are the first to see SpeedTax Manager, the most robust online sales tax management solution available for small-to-mid-sized businesses, integrated with the Sage ERP solutions

Sage MAS 90, MAS 200 and Accpac ERP customers can leverage SpeedTax to automate their most tedious sales tax functions - researching, calculating, reporting, filing and remitting sales taxes, while significantly reducing their exposure to audit risk.

"Today's announcements are timely news for Sage Software customers," said Anton Donde, SpeedTax CEO. "Just as our economy is in flux like never before, so is the issue of sales tax. States and municipalities will be passing legislation in order to raise sales taxes, and in some cases tax both products and services. Sage Software customers should first involve their CPA in evaluating their sales tax audit exposure risk, in addition to the time they're currently spending on sales tax management tasks - and then consider their options for both minimizing risk and streamlining and simplifying their sales tax management processes. SpeedTax is very pleased to be integrated with Sage's ERP solutions, and looking forward to helping Sage customers tackle their sales tax management issues."

SpeedTax differentiates its service offerings from those of other SMB sales tax management services in five key ways:

• Advanced technology. Advantageous use of the latest in Web services and coding economies ensures real-time accuracy in sales tax determinations, no need to buy or maintain software, minimal screen-loads during management tasks, and anytime-anywhere administrative access.
• SpeedTax Console™. An online administration and service center that includes executive dashboard reporting and other CPA-designed features that make sales tax management simultaneously intuitive and comprehensive.
• SpeedTax Service Engine™. Because the SpeedTax central service is rules-based, its inherent flexibility ensures efficient, expedient handling of rule additions and changes, and enables SpeedTax to provide its clients with access to its product taxability table at no cost.
• Affordable, Transparent Pricing. SpeedTax customers are charged on a per-transaction basis, with highly competitive per-transaction pricing, no annual contract, and no hidden fees. Customers can discontinue service at any time with no penalties.
• Customer service excellence. As part of a codified corporate commitment, quick response times and informed, service-oriented SpeedTax staff (including numerous accounting and sales tax industry veterans) are a guaranteed resource for every SpeedTax client.

As states increasingly look to new and expanded sales tax legislation to address growing deficit concerns, businesses are seeking automated sales tax solutions that offload the IT burden of traditional software applications while offering significantly greater protection in the event of an audit.

"Our MAS 90 and MAS 200 customers are asking for a simple, no-hassle, cost-efficient, highly accurate and fully-automated sales tax management solution that offers the strongest possible audit protection," said Jeffrey D. Roth, CEO at SWK Technologies in New Jersey, a Sage Software 2008 Million Dollar Club and President's Circle member, and a SpeedTax Business Partner. "First and foremost, our customers want their business to be in full compliance with existing sales tax regulations, in the event of an audit. Second, in direct response to the economy, eliminating overhead is very important. We've adopted SpeedTax as the logical response to customer demand on both fronts."

"We're seeing a big spike in our Sage Accpac customers coming to us with questions about both their sales tax management burden and their vulnerability in the face of stepped-up state audit activity," said Jan Goodman, Business Development at Arxis Technology, a Sage Software Million Dollar Club member and a SpeedTax Business Partner. "SpeedTax had exceptional timing in entering the market with a service that answers a critical business need, is simple to use, technologically several steps ahead of the competition, and priced in a way that presents no roadblocks for SMB businesses. Our customers are choosing SpeedTax and offloading a good deal of tedious labor, and lost nights' sleep over the ‘what ifs' of sales tax audits."

The SpeedTax solutions for Sage MAS 90 ERP, MAS 200 ERP and Sage Accpac ERP are available immediately, and sold through a channel of authorized SpeedTax Business Partners. To locate the SpeedTax Business Partner nearest you, contact SpeedTax at 888.349.2441, and ask to speak with a sales representative.

Sage Software Business Partners interested in partnering opportunities with SpeedTax can contact Tony Zuanich, SpeedTax VP of Sales at 888.349.2441, ext. 14.

About SpeedTax On-Demand Services
SpeedTax MANAGER™ is a comprehensive sales tax automation and management service built by accountants, for accountants. A Software-as-a-Service (SaaS) solution, it performs real-time, automated sales tax calculations, integrates seamlessly with its customers' financial or e-commerce systems, and provides automatic returns preparation and filing, while enabling reporting, treasury management and audit defense with sophisticated, web-based compliance management and reporting tools.

SpeedTax MANAGER provides:

• Automatically prepared, signature-ready tax forms. The approval process is streamlined with built-in controls to save time and eliminate human error. Submitting documentation and remittance to the proper taxing authorities is handled automatically, and tools are built in to ensure tax-filing deadlines are anticipated, allowing for consistent, predictable preparation, on time and with a minimum of effort.
• Executive dashboard reports, highly functional management reports, detail reports down to the transaction level, tracking tools and comprehensive audit trail.
• Management of taxability, nexus, sourcing rules, exemptions, exceptions, shipping locations, SST volunteer status and other settings to meet the unique needs of each business.
• A link with each customer's financial or e-commerce application to deliver correct sales tax calculations directly into their invoicing or customer set-up processes, allowing businesses to avoid rate look-ups and any potential manual error.
• Unmatched accuracy in jurisdiction and rate determinations, powered by SpeedTax Service Engine™ – SpeedTax's high-performance, rules-based engine that is always up-to-date with geographic data, state rules, and all applicable variables unique to a customer's business.

SpeedTax MANAGER™: Plus, Core, and Pro
SpeedTax MANAGER comes in three editions: Plus, the comprehensive calculation, reporting and returns service; Core, a pared-down option that automates calculations within the financial or e-commerce application but does not include returns, and SpeedTax MANAGER Pro, the expert-level automation and management service for professionals in the financial and accounting sectors servicing multiple clients. SpeedTax MANAGER Pro users get all the benefits of SpeedTax MANAGER Core and SpeedTax MANAGER Plus—with additional multi-client tools and custom reporting tools to help manage sales tax for a portfolio of multiple clients.

About SpeedTax
Headquartered in Laguna Hills, California, SpeedTax was founded on the premise that businesses of all sizes should be able to confidently, accurately and affordably outsource the most tedious, repetitious and time-consuming aspects of sales tax compliance – researching, calculating, posting, reporting and remitting sales taxes – while simultaneously acquiring the ability to better manage their business via online, real-time access to sales tax data. SpeedTax understands that customers want to feel fully confident in the event of an audit, but also believes that customers deserve much more from a complete sales tax management solution.

For more information on SpeedTax on-demand services, visit www.speedtax.com.

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