Cloud-based sales tax automation provider SpeedTax has integrated with NetSuite, allowing users to automate their sales and use tax compliance and management processes.

Using NetSuite’s SuiteCloud development technology, NetSuite users will be able to click on a tab to preview what SpeedTax can do. They can then buy the right to use SpeedTax with NetSuite.

“Our customers are demanding a lot of features, and I work with product management and the partners in the space to build something seamless to our product that looks and feels like NetSuite too,” said NetSuite senior director of business development and platforms Raghu Gnanasekaran. “I looked at a lot of solutions, and SpeedTax was already cloud based. We just wanted them to take our existing capabilities and expand on them. We really weren’t in the tax compliance area, and they did a good job.”

Gnanasekaran noted that SpeedTax has been working with some of NetSuite’s customers already, and they spoke highly of the product.

“As one of the most well-established SaaS players in the marketplace, NetSuite has spent years creating a solid end-to-end business management solution that’s accessible from anywhere, at any time, and leverages the multitude of efficiencies which drove the creation of SaaS application,” said SpeedTax chief executive Anton Donde. “NetSuite is a logical integration partner for SpeedTax from a technology perspective, and certainly from a customer perspective, as NetSuite customers now have access to a tightly integrated sales and use tax service that’s online, and offers a completely automated calculation, returns and remittance service that’s easy-to-use, affordable, and the most advanced technology available today. This is a very significant integration for SpeedTax, as we have a special affinity for NetSuite’s ongoing ability to build on an already strong SaaS business solution set.”

SpeedTax performs real-time, automated sales and use tax calculations, automatic returns preparation and filing, reporting, treasury management, and audit defense. SpeedTax automatically updates the tax rates and rules when they change.

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