Avalara, a provider of Web-based sales tax compliance services for small-and-midsized businesses, announced that it has seen dramatic growth for the first half of 2006.
The company said that the growth is reflected in terms of revenues, registered users, partners and transactions per second for the AvaTax automated sales tax management service, as well as other Avalara sales tax rate and calculations services.
"We are experiencing a 600 percent rate of revenue growth for the first half of 2006 ... compared to the same period in 2005," said Avalara president and chief operating officer Scott McFarlane, in a statement.
Avalara has recorded as many as 9.5 transactions per second on high-volume days, and averages nearly 4.0 transactions per second on a more typical business day. In January 2005, Avalara had roughly 100 registered users and reseller-partners. Today, that figure is nearly 5,000 registered users, and the company is signing up an average of between 500 to 700 new users each month and now has more than 450 registered reseller-partners.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access