Exactor is revolutionizing sales tax compliance by providing the next-generation, end-to-end solution for secure, reliable and accurate sales tax compliance efforts, including tax calculation, record keeping and tax processing. Exactor’s cloud based Software as a Service (SaaS) system introduces to sales tax compliance the same high standards and ease of use typically associated with payroll taxes. This allows you to focus on SALES, while Exactor deals with the TAX.
Exactor is a leader in the new generation of sales tax compliance solutions, providing a true SaaS fully automated end-to-end solution, compared to first generation solutions that focus upon a single task of calculating taxes only. In much the same way that service providers like ADP and Paychex have taken on responsibility for companies’ payroll tax compliance processes, Exactor allows the merchant to shift the burden of sales tax compliance to Exactor’s specialists and significantly reduce their compliance costs.
Exactor provides a fully automated, cloud based SaaS sales tax compliance solution to organizations with sales across any channel to market (in-store, catalog or internet sales). Exactor’s product suite was designed using a modular approach, allowing the merchant to select only those modules it needs to meet its compliance requirements. Modules include:
ExactOCalc – real time determination of tax rate;
ExactOTrac – tracking transaction changes (discounts, credits, product returns);
ExactOExempt – automated management of exemption certificates;
ExactOFile – preparing and filing tax returns and remitting tax payments;
ExactOVAT – calculating and determining taxes on international transactions; and
ExactOAVS – address verification service, cleaning address as input by the user, standardizing and verifying the address as being accurate and deliverable.
Most importantly, Exactor’s proprietary technology enables retailers of any size to fully automate the computation, reporting, and remittance of sales taxes. The modular architecture of Exactor’s product suite allows the user to select only those modules it chooses to incorporate into its sales tax process. As an automated cloud based SaaS service, installation requires minimal efforts, and virtually no follow-up maintenance. Modules can be added as a company grows or as enhanced services are desired. Exactor’s modules can easily interact with existing systems already in place to augment functionality and fully automate the sales tax compliance process.
Exactor has multiple patents issued on its innovative technology and several patents pending. Exactor’s technology has been developed and extensively tested and evaluated by independent sources. Exactor was one of the first companies whose systems have been certified by the Streamlined Sales Tax (SST) organization, a consortium of 41 states whose mission is to streamline sales tax compliance across the board. Designation as a Certified Service Provider (CSP) by the Streamlined Sales Tax (SST) requires exhaustive system testing for accuracy, security and efficacy using standards as set by NIST, ISO17799 and SAS70. Certification is a seal of approval of the highest level awarded by tax and technology auditors of state taxing agencies, attesting to the accuracy, security and overall integrity of the underlying system. The Exactor systems and processes have also undergone an independent ISO 17799 review.
Exactor deals and manages a very sensitive topic – YOUR TAXES. We recognize the trust that our customers place in us, and preserving that trust, and protecting their information is of utmost concern to us. We therefore avoid the marketing spotlights, and prefer maintaining a low profile. Rather, we rely upon our reputation of high quality product and service, our good name, and the reputation of those channel partners who have chosen Exactor to be the engine that powers sales tax services they are marketing to their customer base.