Avalara completed the acquisition of INPOSIA.

Avalara, a provider of tax compliance automation for businesses of all sizes, completed the acquisition of INPOSIA, a German software company that delivers e-invoicing, digital tax reporting, and system and data integration to support digital transformation efforts and address real-time compliance requirements for businesses. Financial terms were not disclosed. “Global, digital commerce has increased the complexity of collecting indirect and customs taxes, and governments are leveraging technology to increase the visibility of tax revenue streams and decrease fraud. Today, more than 60 countries rely on or have announced intent to move to an e-invoicing system for compliance. We look forward to our work with INPOSIA as governments continue to adopt and expand electronic reporting requirements,” Jayme Fishman, Avalara EVP of Corporate Development.