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Anybill Addresses Growing Demand for Tax Compliance Payment Services
WASHINGTON, DC, Feb 15, 2012 (MARKETWIRE via COMTEX) --
Anybill, Inc., a pioneer in Software-as-a-Service (SaaS) accounts
payable solutions, announced today it is building upon its long-term
indirect tax compliance relationship with KPMG LLP, the audit, tax
and advisory firm and a leading global provider of corporate tax
services. Anybill will provide its popular tax payment processing
solution in association with KPMG's Indirect Tax Compliance Services
(for non-audit clients) as both groups continue activities to develop
their services and client bases evidenced by KPMG's recent
acquisition of Thomson Reuters Corporation's ONESOURCE(R) Indirect
Tax Managed Services business.
Factors including a challenging U.S. economy, globalization and a
heightened regulatory burden have spurred businesses of all sizes to
analyze and update internal processes. In many cases this means
outsourcing non-core activities, including tax management services,
to third-party experts.
Within the past six years, Anybill said the company and KPMG have
witnessed steady growth in the number of companies seeking to improve
efficiencies through partnering with tax service specialists with
specific interest in process automation. This growth can be
attributed to increased awareness that automated tax compliance and
payment services offer significant benefits through:
-- improved accuracy -- a reduction in late payments and data accuracy
errors that result in penalties,
-- reduced activity-based cost and resource management for this function,
-- reduced manual processing and increased technology to increase
controls and provide more data transparency, and
-- elimination of time-consuming research of tax laws and rulings,
management of rate calculations, and management of return production.
Anybill says its tax payment processing service offers advantages in
that payment activities are handled by a respected leader helping to
ensure efficiencies, security and quality control.
Matt Voorhees, Anybill's Chief Executive Officer and Co-Founder,
commented on the relationship with KPMG, "We believe Anybill's
automated tax payment processing provides a comprehensive and
reliable option for secure, cost-effective tax payment services."
About Anybill, Inc.
Since 2001, Anybill has been developing and
delivering the most secure, comprehensive and advanced suite of
complete, on demand accounts payable software-as-a-service and
critical payment solutions to companies and organizations across the
United States and internationally through channel partners and direct
relationships with its clients. Anybill's unique back office business
process leverages technology that provides users the ability to save
time and money through workplace automation, instant access to
critical data, and financial transparency.
Anybill is based in Washington, DC. For more information visit
www.Anybill.com.
Contact:
Jen Tenor
Director of Marketing
202.682.6321
SOURCE: Anybill
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