on Avalara, Inc.
Businesses See 322% ROI with Avalara, Finds Study
A recent study by Forrester Consulting reveals that companies using Avalara's compliance automation achieved a 322% return on investment over three years. The study indicates a payback period of under six months, showcasing the financial efficiency of Avalara's services.
The study examined experiences from seven decision-makers across various industries. They reported $1.2 million in benefits and a net present value of $881,000 over three years. Avalara’s automation streamlined tax calculations, filing, and exemption management, reducing manual work and improving accuracy.
Key financial outcomes included $317,000 saved by avoiding third-party services and $267,000 by automating use tax calculations. Labor savings of $203,000 were achieved through efficient exemption certificate management. Additional savings stemmed from improved audit preparations and tax research efficiency.
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