Avalara Unveils AI-infused Property Tax Managed Services to Streamline Enterprise Compliance
Product taps latest intelligent innovations from Avalara's Agentic AI Foundry
Avalara's latest offering is a direct response to a recurring ask from overwhelmed tax and finance professionals navigating the complexities of property tax: 'Can't you just take this off my plate?'—and now, we can. Augmented by Avalara's proprietary Agentic AI Foundry, AvaMPT automates and simplifies the complex, manual processes behind property tax management, delivering the scale, speed, and intelligence finance teams have been seeking.
"Companies face extraordinary complexity in property tax compliance, which historically has been cumbersome, subjective, and highly manual," said
How Avalara Property Tax Managed Services works
By leveraging prior-year filings and current customer data, Avalara's AI-infused solution generates actionable insights and creates data-driven compliance plans that identify potential overpayments, penalties, and other risks. Once data validation and initial analysis are complete, AvaMPT:
- Prepares and delivers signature-ready property tax returns.
- Automates payment processes through a strategic partnership with Anybill, ensuring more timely and accurate property tax payments.
- Conducts automated assessment reviews, simplifies appeals, and provides continuous monitoring to prevent penalties.
- Delivers tailored asset classification to help ensure precise compliance, significantly reducing customer workloads related to asset management and depreciation rules.
- Provides comprehensive document procurement services, ensuring complete visibility into property tax compliance status through customized reporting and secure software access.
- Gives customers direct access and complete transparency to their property tax compliance data, documents, and reporting, through the Avalara Property Tax software.
Avalara's new offering is a scalable "software-with-a-service" solution that flexibly accommodates changes in a company's staffing and operational needs, allowing seamless transitions between service levels without disruption to historical data.
"As a recent carve out, Avalara was asked to support Intellirent's finance and accounting function which required implementing efficient processes and systems under tight deadlines," said
Key Benefits of Avalara Property Tax Managed Services:
- Automated Data Management: Replaces cumbersome in-house manual data entry processes for their heavily paper-based property tax compliance.
- Improved Compliance Accuracy: AI-infused technology identifies missing notices and documents, alongside technology that ensures diligent deadline tracking to reduce overpayment as well as costly penalties.
- Relieved Staffing Challenges: Expert automation and AI-backed processes handle compliance tasks, freeing internal resources to focus on core business goals. Companies have the option to use AvaMPT as an interim solution when key staff are on leave, or as an ongoing partner in their optimized property tax compliance.
With this AI-infused solution, Avalara delivers on its mission to innovate across solutions and empower businesses to transition from tedious manual tasks to efficient, accurate, and automated property tax compliance.
"Avalara Property Tax has supported companies in streamlining aspects of property tax compliance," said
As an AI-first company, Avalara continues to infuse solutions like Avalara Property Tax and Avalara Business Licenses with cutting-edge technology to deliver a streamlined and intuitive experience to its partners and customers. For more information, click here.
About Avalara
Avalara offers the most advanced tax and compliance platform powered by AI. For more than two decades, Avalara has developed one of the most expansive libraries of tax content and integrations in the industry, supporting over 43,000 businesses and government entities across more than 75 countries. The company's purpose-built AI agents automate end-to-end compliance processes with greater precision, from tax calculations and return filings to exemption certificate management and beyond. For more information, visit Avalara.com.
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SOURCE Avalara, Inc.
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