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Avalara, a provider of tax compliance automation software, has announced the launch of its Avalara E-Invoicing and Live Reporting solution (Avalara ELR) for Workday customers via the Workday Marketplace. As a Workday Certified Integration Partner, Avalara has leveraged Built on Workday to develop this app, enabling businesses to meet global e-invoicing regulations seamlessly within the Workday platform.
The Avalara ELR solution empowers Workday users with a tool that integrates directly into their existing systems, allowing them to navigate increasingly complex e-invoicing and live reporting mandates. The app facilitates the exchange of e-invoices over networks like Peppol or the U.S.-based DBNA and enables real-time data transmission to tax authorities, fulfilling compliance requirements across multiple jurisdictions.
Simplifying E-Invoicing Compliance
Alex Baulf, Vice President of E-Invoicing and Live Reporting at Avalara, underscored the significance of this integration for businesses dealing with varied and evolving compliance landscapes. “With Avalara ELR available through Built on Workday and listed on the Workday Marketplace, e-invoicing compliance becomes business as usual for Workday customers,” said Baulf. “As the regulatory landscape for e-invoicing expands globally, we’re here to support Workday customers, providing them with a solution that meets compliance needs seamlessly.”
Key Features of Avalara ELR
Avalara ELR is designed to deliver a unified experience for users directly within the Workday environment, enhancing ease of use and operational efficiency. Key features of the Avalara ELR solution include:
- Global Compliance Standards: Avalara ELR addresses existing e-invoicing and live reporting regulations across numerous countries, with ongoing updates to meet future mandates. This coverage aids businesses in staying compliant as new regulatory requirements emerge.
- Integration with Business Systems: The solution operates through a single API that integrates smoothly into the Workday platform. This method helps avoid the need for multiple country-specific integrations, simplifying deployment and maintenance.
- Country Expansion: The Avalara ELR interface provides a simple setup wizard for administrators to activate country mandates. When new e-invoicing regulations are introduced, administrators can add support for these requirements without initiating a new IT project.
- End-to-End Compliance: Combined with the Avalara Compliance Platform, Avalara ELR enables a comprehensive compliance solution that calculates tax rates accurately, formats e-invoices as required, and submits them through the necessary channels.
A Long-Standing Partnership with Workday
Avalara’s partnership with Workday dates back to 2016, when it first earned Workday Certified status for its AvaTax solution. The collaboration has since evolved, with AvaTax for Workday receiving the Workday Partner Innovation Award in 2023, and in May 2024, Avalara was awarded the Workday Responsible AI Badge for transparency and ethical Ai alignment.
This latest development strengthens the Avalara-Workday partnership, bringing compliance solutions to Workday’s customer base in a way that streamlines regulatory adherence. Baulf remarked on the partnership’s growth, stating, “Our relationship with Workday has consistently enabled us to provide robust compliance tools that adapt to our clients’ needs. Avalara ELR represents a significant step in making global tax compliance easier for businesses around the world.”
For more information on Avalara’s tax automation solutions, visit avalara.com.
Last Updated on November 4, 2024 by Nick Ross
