Clarus Partners Advisors, a state and local tax accounting firm, has announced that their sales tax exemption certificate software formerly known as SmartCert has been rebranded as AkuCert(TM).
AkuCert(TM) provides the collecting and updating of resale exemption certificates as they expire; validating certificates by state to ensure acceptance by state auditors; managing all of the information that is stored in AkuCert(TM); and providing all of the necessary reporting to make the process as efficient and effective as possible. Better yet, it is the only software on the market that is serviced by tax professionals.
In addition to its storage capacity, the program features a dashboard display that can be used by an unlimited number of employees at a company, a calendar that tracks the exemption certificates held by the company, and cloud storage that gives easy access to associated documents.
Many of the kinds of businesses affected by sales tax exemption certificate management are in the supply, manufacturing, and wholesale sectors. One example of the kind of business that might benefit from using AkuCert(TM) is a supplier of food and restaurant supplies that sells to restaurants. The restaurants do not pay sales tax to the supplier. Instead, the restaurants’ customers pay sales tax, which is collected by the restaurant, which then pays the state. However, the food supplier needs to track the tax-exempt and resale certificates that are kept by the restaurants. If they don’t track those certificates, they could very well end up in trouble with each and every state in which they sell their restaurant supplies and food. That’s where AkuCert(TM) comes in. This specialized software tracks and manages all the tax-exempt certificates of all the restaurants the food supplier does business with.
AkuCert(TM) was developed by Clarus Partners Advisors LLC to help their clients with the time-consuming and painstaking task of tracking their customers’ tax exemption certificates. Clarus Partners are experts in indirect sales and use taxes, giving them an edge in the accounting industry over general accounting firms.
“Our partners offer our clients more than 150 years of experience specifically in managing indirect taxes – including sales and use taxes – and our staff are just as experienced,” said Clarus Partners Advisors LLC Partner Steve Hanebutt, CPA. “One of the unique benefits we offer our clients is that we have folks on our team who have been on the ‘other side’ of the tax equation; they’ve worked for the state agencies that oversee sales tax collections and compliance. We know this area inside and out. Our clients definitely come out ahead because of our expertise.”
Lauded by customers who use AkuCert(TM) software, the robust solution for managing sales tax exemption certificates was developed by Clarus Partners as a proprietary software solution for the common business complication of tracking sales and use tax exemption certificates. This software is used by bookkeepers, controllers, and accountants to manage sales and use tax exemption certificates. The system is designed to help accountants keep track of expiration dates, renewals, and other essential information related to sales and use tax exemption certificates.
AkuCert(TM) is emerging as a leader in sales tax software because it simplifies exemption certificate management, has no hidden fees – unlike its competitors in the marketplace – and offers clients the weight of Clarus Partners’ superlative expertise in indirect tax tracking, exemptions, and management.
Cost savings is one of the biggest reasons large and small companies switch to AkuCert(TM). Most of Clarus Partners’ clients have previously used other software systems but find they have saved money by turning to AkuCert(TM). One of the happy surprises experienced by AkuCert(TM) customers is that, in addition to providing cost savings, AkuCert(TM) also helps clients overcome the many challenges they have most likely experienced with other software programs. These include the lack of effective customer support because customer service representatives almost always lack knowledge of the reasons for the exemption certificate software in the first place. After all, they are not tax experts.
This was the experience shared by AkuCert(TM) user Diana Jander, Indirect Tax Director at Cardinal Health, an AkuCert(TM) customer, who said, “In the past, we used a competing software for our exemption certificate management, but we find that AkuCert(TM) is backed up by Clarus Partners’ fantastic customer service. We can also customize it for our business and it’s about 30 percent less expensive than the other companies’ software programs. We aren’t constantly being assessed additional charges for add-ons that amount to hidden fees. It has really been a smart choice for our business.”
AkuCert(TM) allows businesses to collect certificates from their customers and proactively notify them when sales tax exemption and resale certificates expire.
Constantly changing regulations are a real challenge for many businesses to keep up with. AkuCert(TM) ensures the correct form is always accessible, while tracking new regulations of every state and jurisdiction. This enables clients to easily identify certificates that are invalid and help them stay compliant.
All sales tax exemption certificates are stored in the cloud-based solution, making them available in just seconds for audit or review. Clients are always audit-ready with certificate reports right at their fingertips.
AkuCert(TM) provides all the reporting needed to efficiently manage exempt sales. Clients can quickly check the database against exempt sales files to find out if exemption certificates are missing or invalid.
Clarus Partners is a leading provider of sales tax software solutions. AkuCert(TM) is the industry leader in sales tax exemption certificate management software, yielding clients significant sales and use tax savings. The company’s AkuLicense(TM) Business License Compliance Software is used by businesses of all sizes to ensure compliance with local business licensing requirements, saving the hassle and expense of missing renewal deadlines and incurring fees and penalties.
To learn more about how Clarus Partners can help their business, readers are invited to visit https://claruspartners.com/services/exemption-certificate-management/
AkuCert(TM) by Clarus Partners
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