Aureus POS partners with Avalara to automate tax compliance

Customers in the coin and bullion industry now benefit from Avalara’s real-time sales and use tax calculations with the Aureus POS platform

Aureus Point-of-Sale (POS), designed specifically for the coin and bullion industry, announced it has partnered with Avalara (NYSE:AVLR), a leading provider of tax compliance automation software for businesses of all sizes.

Aureus POS is now part of Avalara’s Certified for AvaTax program, which features integrations that perform at the highest level, providing the best possible customer experience. As a result of this partnership, customers can now choose Avalara’s AvaTax to deliver sales and use tax calculations within their existing Aureus POS platform in real-time helping to improve accuracy with the complicated tax rules surrounding bullion and coins.

Aureus POS provides the coin and bullion industry with the leading solution to manage inventory, handle estate purchases, process buy and sell transactions, and generate reports. The POS system can be integrated into a professional Aureus-built website which dramatically reduces the work involved in managing a dealer’s online store and will automatically calculate the proper tax to be collected for the sale. The cloud-based system allows for multiple device connectivity to multiple locations and can simultaneously display items on the website, eBay, and Collector’s Corner. All of this is bundled into a simple and user-friendly interface, making it easy for dealers to embrace the industry’s shift to more prominent online sales in a secure, attractive, and profitable way while providing nationwide tax compliance.

“We’re excited to partner with Avalara to provide our customers with an automated way to calculate sales tax,” said Thomas Barrett, Aureus’ sales and marketing director. “Managing sales tax manually in our industry is very complex and costly; our integration with Avalara helps Aureus customers efficiently achieve compliance so they can get back to business.”

Greg Chapman, senior vice president of partner management at Avalara said, “Aureus understands the needs of its customers, and their POS offering reduces complexity for their customers in many ways. We understand that digitization of business processes is not an option, it is essential; we are proud to offer fast, accurate, and easy tax compliance solutions to our shared customers.”

Aureus POS is now an Avalara Certified partner. Certified partners pass a series of criteria developed by Avalara to ensure the connector’s performance and reliability, thereby helping mutual customers benefit from a seamless experience with Avalara’s tax compliance solutions. Avalara made the announcement in an earlier press release.

Press release courtesy of the Industry Council for Tangible Assets.

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