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Avalara, Inc. (AVLR)

NYSE - NYSE Delayed price. Currency in USD
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153.51+5.52 (+3.73%)
At close: 04:00PM EST
154.49 +0.98 (+0.64%)
After hours: 06:04PM EST

Avalara, Inc.

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

Sector(s)Technology
IndustrySoftware—Application
Full-time employees3,351

Key executives

NameTitlePayExercisedYear born
Mr. Scott M. McFarlaneCo-Founder, Chairman & CEO1.41M42.27M1957
Mr. Amit MathradasPres & COO998.25k870.8k1975
Mr. Ross TennenbaumExec. VP, CFO & Treasurer886.41k959.94k1978
Ms. Alesia L. PinneyExec. VP, Chief Legal Officer & Sec.614.28k3.11M1964
Mr. Jared R. VogtCo-Founder & Member of Advisory BoardN/AN/A1969
Mr. Daniel E. ManningChief Accounting OfficerN/AN/A1971
Mr. Daniel FieldsExec. VP & CTON/AN/A1969
Ms. Jennifer GianolaVP of Investor RelationsN/AN/AN/A
Ms. Liz ArmbruesterSr. VP of Global Compliance OperationsN/AN/AN/A
Mr. Greg StiversSr. VP of SalesN/AN/AN/A
Amounts are as of 31 December 2020, and compensation values are for the last fiscal year ending on that date. Pay includes 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 26 September 2021 is 7. The pillar scores are Audit: 9; Board: 7; Shareholder rights: 7; Compensation: 7.

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 10 indicates higher governance risk.