AVLR - Avalara: For Tax Day Consider This Compliance Giant
Source: Avalara Analyst Day Presentation 2020
Investment Thesis
Avalara (AVLR) is a technology company that empowers businesses by providing automated sales tax compliance services through a cloud-based platform. In fact, Avalara is the undisputed leader in its space, with the most significant competition coming from the "status quo" that prevails in its target market (all enterprises).
Simply put, the company offers a platform that calculates your sales tax accurately, files the taxes with each local government authority on time, and provides complete reports on your sales tax via its dashboard; thereby eliminating all