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Avalara, Inc. (AVLR)

NYSE - NYSE Delayed Price. Currency in USD
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130.50+6.79 (+5.49%)
At close: 4:00PM EDT

Avalara, Inc.

255 South King Street
Suite 1800
Seattle, WA 98104
United States
206 826 4900
http://www.avalara.com

Sector(s)Technology
IndustrySoftware—Application
Full Time Employees2,601

Key Executives

NameTitlePayExercisedYear Born
Mr. Scott M. McFarlaneCo-Founder, Chairman & CEO1.38MN/A1958
Mr. Amit MathradasPres & COO1.25MN/A1975
Mr. Jared R. VogtCo-Founder & Member of Advisory Board1.26MN/A1969
Ms. Alesia L. PinneyExec. VP, Gen. Counsel & Sec.546.43kN/A1964
Mr. Ross TennenbaumCFO & TreasurerN/AN/A1979
Amounts are as of December 31, 2019 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Avalara, Inc., together with its subsidiaries, provides cloud-based solutions for transaction tax compliance worldwide. The company offers a suite of compliance solutions that enable businesses to address the complexity of transaction tax compliance; process transactions in real time; produce detailed records of transaction tax determinations; and reduce errors, audit exposure, and total transaction tax compliance costs. The company's solutions include AvaTax, a solution for determining sales tax in the United States; Avalara Returns for tax return preparation, filing, and remittance; and Avalara Compliance Document Management solution, which creates, validates, stores, and manages sales tax exemption and reseller certificates. It also provides professional services, including nexus studies and analysis, voluntary compliance initiatives, tax registrations, and specialized tax research; MatrixMaster, a product taxability database for retail operations; Avalara CloudConnect, a hardware device for processing and storing transactions on-site for regularly scheduled uploads to AvaTax; Avalara Licensing, an online platform for business licenses and sales tax registrations; VAT Expert, a Web-based solution that checks the validity of customer and supplier value-added tax (VAT) numbers and provides VAT determinations in the form of invoices; and Brazilian tax compliance solutions that address the Brazilian transaction tax regimes through electronic compliance report validation, electronic invoice authentication and preparation, tax determination, and returns preparation; and Avalara Item Classification, a solution that addresses the process of assigning proper country-specific Harmonized System codes to products. The company was formerly known as Advantage Solutions, Inc. and changed its name to Avalara, Inc. in December 2005. Avalara, Inc. was incorporated in 1999 and is headquartered in Seattle, Washington.

Corporate Governance

Avalara, Inc.’s ISS Governance QualityScore as of December 9, 2019 is 10. The pillar scores are Audit: 5; Board: 8; Shareholder Rights: 7; Compensation: 10.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.