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SpeedTax Announces QuickBooks Integration Deal



2008-09-11 16:25:04 -

- SpeedTax Brian Austin Director of Public Relations 949.215.1177 (Office) 707.799.9838 (Mobile) brianaustin@speedtax.com SpeedTax, Inc., a provider of web-enabled, fully-automated sales tax management solutions, and Dynamic Ventures today announced an integration deal whereby Dynamic Ventures will integrate SpeedTax MANAGER(TM) with QuickBooks Enterprise, Pro and Premier editions. The announcement was made during the 2008 QuickBooks Enterprise Solutions User Conference in Dallas.

Work will commence on the integration immediately, with delivery of the integrated solution slated for October, 2008.

The integration of SpeedTax with QuickBooks will give accounting professionals and small-to-mid-sized businesses using QuickBooks Enterprise, Pro and Premier Editions access to the most accurate and technologically advanced sales tax management solution available, handling everything from calculation and reporting to filing and remittance of sales taxes with the efficiencies and benefits of Software-as-a-Service.

"Today's announcement is a very exciting milestone for SpeedTax, as we move forward with making our solutions available to the more than 3.7 million small and mid-size businesses currently using QuickBooks," said Anton Donde, SpeedTax CEO. "We chose Dynamic Ventures - whose reputation is well-known in the QuickBooks world -- to ensure deep product integration at the code level that gives customers the absolute maximum performance from both QuickBooks and SpeedTax. QuickBooks users want an automated sales tax service that runs flawlessly out of sight and out of mind, consistently calculating and returning the correct sales tax rates to their invoices. More than ever, these customers are demanding smart, efficient, flexible, and affordable solutions that help them grow their businesses. SpeedTax is here, and we're ready to help."

Following completion of the QuickBooks integration, SpeedTax will work closely with the QuickBooks ProAdvisor Program and Intuit's Mid-Market Group to deliver the integrated solution to QuickBooks customers.

"As QuickBooks Enterprise continues to evolve as a logical business management suite for growth-oriented businesses, tightly-integrated solutions like SpeedTax will be key to answering business-critical needs, helping companies overcome growth hurdles, and serving to further extend the range of QuickBooks' capabilities," said Kevin Cumley, President of Forepoint LLC, a QuickBooks Enterprise Solution Provider based in Seattle. "Sales tax automation is rapidly gaining visibility as a means to effectively address liability issues that businesses can choose to proactively protect against. Today's announcement from SpeedTax is excellent news for QuickBooks customers who are prepared to offload some of their most cumbersome and time-intensive tasks and concentrate on growing their business."

About SpeedTax On-Demand Services

SpeedTax MANAGER(TM) 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(TM) - 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(TM): Plus, Core, and Pro

SpeedTax MANAGER comes in three editions: Plus, the comprehensive calculation, reporting and returns service; Core, an 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 users--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, call us at 888.349.2441, or contact us via email at pr@speedtax.com.

Next-generation web-enabled sales tax management solution awaits
accountants and businesses using QuickBooks Enterprise, Pro and
Premier editions

"Deep product integration at the code level"



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