What are our data sources?
We use the data sources on the side for ranking solutions and awarding badges in sales tax compliance software category. Our data sources in sales tax compliance software category include;
Sales tax compliance software improves regulatory compliance and B2C transparency by automatically adding the sales tax to a product's MSRP.
Sales tax compliance tools are linked to government portals so that whenever a new tax code is introduced, the software notifies the business and immediately applies it to the applicable goods. So, these tools eliminates the necessity for manual re-calibration of the solution.
If you’d like to learn about the ecosystem consisting of Sales Tax Compliance Software and others, feel free to check AIMultiple ERP.
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We use the data sources on the side for ranking solutions and awarding badges in sales tax compliance software category. Our data sources in sales tax compliance software category include;
review websites
social media websites
search engine data for branded queries
According to the weighted combination of 7 data sources
Avalara
Vertex Cloud
Sovos Intelligent Compliance Cloud
TaxJar
Vertex O Series
Taking into account the latest metrics outlined below, these are the current sales tax compliance software market leaders. Market leaders are not the overall leaders since market leadership doesn’t take into account growth rate.
Avalara
Vertex Cloud
Vertex O Series
Sovos Intelligent Compliance Cloud
TaxJar
These are the number of queries on search engines which include the brand name of the solution. Compared to other ERP categories, Sales Tax Compliance Software is more concentrated in terms of top 3 companies’ share of search queries. Top 3 companies receive 87%, 11% more than the average of search queries in this area.
62 employees work for a typical company in this solution category which is 41 more than the number of employees for a typical company in the average solution category.
In most cases, companies need at least 10 employees to serve other businesses with a proven tech product or service. 22 companies with >10 employees are offering sales tax compliance software. Top 3 products are developed by companies with a total of 30k employees. The largest company building sales tax compliance software is LT Court Tech with more than 30,000 employees.
Taking into account the latest metrics outlined below, these are the fastest growing solutions:
Avalara
Vertex Cloud
Sovos Intelligent Compliance Cloud
TaxJar
Vertex O Series
We have analyzed reviews published in the last months. These were published in 4 review platforms as well as vendor websites where the vendor had provided a testimonial from a client whom we could connect to a real person.
These solutions have the best combination of high ratings from reviews and number of reviews when we take into account all their recent reviews.
This data is collected from customer reviews for all Sales Tax Compliance Software companies. The most positive word describing Sales Tax Compliance Software is “Easy to use” that is used in 7% of the reviews. The most negative one is “Difficult” with which is used in 4.00% of all the Sales Tax Compliance Software reviews.
According to customer reviews, most common company size for sales tax compliance software customers is 1-50 Employees. Customers with 1-50 Employees make up 44% of sales tax compliance software customers. For an average ERP solution, customers with 1-50 Employees make up 31% of total customers.
These scores are the average scores collected from customer reviews for all Sales Tax Compliance Software. Sales Tax Compliance Software is most positively evaluated in terms of "Overall" but falls behind in "Likelihood to Recommend".
This category was searched on average for 105 times per month on search engines in 2022. This number has increased to 110 in 2023. If we compare with other erp solutions, a typical solution was searched 1.3k times in 2022 and this decreased to 1k in 2023.