Nautical includes Avalara in its integrated multi-vendor commerce system to increase accuracy and efficiency of tax compliance for operators
NEW YORK – May 2, 2023– Nautical Commerce, the complete multi-vendor commerce platform, today announced it has partnered with Avalara, a leading provider of tax compliance automation software for businesses of all sizes. The partnership will enable businesses using Nautical’s multi-vendor platform to offer accurate tax calculations to customers in real time while mitigating the compliance risk that comes with a multi-vendor sale.
Nautical is now part of Avalara's "Certified for AvaTax" program, which features integrations that perform at the highest level, providing the best possible customer experience. Through this partnership, Nautical’s customers can now choose Avalara’s AvaTax to deliver sales and use tax calculations within the Nautical platform at the time of checkout or billing — in real time.
The integration with Avalara enables Nautical to offer an out-of-the-box tax compliance and calculation solution to the marketplace and dropship operators that use the Nautical platform. Using the tax codes provided by Avalara, Nautical customers can apply the appropriate tax definitions to the products available in their catalogs. Additionally, using Nautical’s multi-currency exchange rate calculations alongside Avalara’s global tax calculations allows customers to operate a Nautical-powered multi-vendor business anywhere in the world.
"Tax compliance is incredibly difficult. It’s even more cumbersome for multi-vendor businesses, such as marketplaces, that have vendors and suppliers in multiple states or countries, each with different tax requirements,” said Ryan Lee, Founder and CEO of Nautical Commerce. “Our integration with Avalara will remove the heavy burden operators face managing taxes across a variety of jurisdictions, and allow our operators to automatically calculate sales tax and help ensure tax compliance in global markets.”
“Using Avalara alongside Nautical’s multi-vendor commerce platform has allowed me to operate a rapidly growing global B2B marketplace without having to do the heavy lifting of tax calculations and compliance across different jurisdictions,” said Marcel Fairbairn, Founder and CEO of GearSource. “The addition of Avalara to the Nautical marketplace platform ensured a seamless integration with my marketplace business and allowed me to maintain my focus on the unique value GearSource brings to our customers.”
Marshal Kushniruk, Executive Vice President of Global Partners at Avalara said, “Nautical Commerce understands the needs of its customers, and their multi-vendor commerce platform reduces complexity for their customers in many ways. We understand that digitization of business processes is not an option, it is essential; we are proud to offer fast, accurate, and easy tax compliance solutions to our shared customers.”
Nautical Commerce is now an Avalara Certified partner. Certified partners pass a series of criteria developed by Avalara to ensure the connector's performance and reliability, thereby helping mutual customers benefit from a seamless experience with Avalara's tax compliance solutions.
About Nautical Commerce
Nautical Commerce enables retailers, brands, and B2B businesses to own their industry by using multi-vendor commerce models. Nautical's headless multi-vendor commerce platform enables businesses to build the multi-vendor experience their customers require in less time and with less risk. Whether a company is launching a new marketplace or leveraging the dropship model within an existing business, Nautical delivers the capabilities needed to make multi-vendor management simple for sellers and operators. To learn more, visit www.nauticalcommerce.com.
About Avalara
Avalara helps businesses of all sizes get tax compliance right. In partnership with leading ERP, accounting, ecommerce, and other financial management system providers, Avalara delivers cloud-based compliance solutions for various transaction taxes, including sales and use, VAT, GST, excise, communications, lodging, and other indirect tax types. Headquartered in Seattle, Avalara has offices across the U.S. and around the world in Brazil, Europe, and India. More information at avalara.com.
Media Contact:
Kari Wise, kari@boulevardpr.com
