News | August 7, 2007

VAI-Independent Systems Partnership Brings SalestaxII To S2K Enterprise Edition

VAI (Vormittag Associates, Inc.), an IBM Premier Business Partner and a leader in enterprise solutions for the distribution, manufacturing, retail and service industries, recently announced a strategic alliance with Independent Systems, an Illinois-based provider of tax software for businesses. Under the terms of the partnership, VAI's S2K Enterprise Edition will offer two fully integrated modules to automate the complex process of state sales tax management: SalestaxII for VAI S2K and Laserbridge+ for VAI S2K. The former ensures accurate tax calculations by offering the most accurate and current tax databases available, supplemented by automated monthly updates. The latter, a tax return preparation application, generates fully populated, jurisdiction-specific, hard-copy tax returns.

VAI's S2K Enterprise Edition is a comprehensive software suite that provides unparalleled functionality to firms in the retail, distribution and manufacturing verticals. S2K not only streamlines business operations but also helps firms lower inventory levels, reduce costs and improve customer service. Regular software updates ensure that VAI applications incorporate industry best practices with the latest in technology. Moreover, VAI's practice of partnering with experts in specialized market niches allows VAI to offer customers best-in-class solutions to meet very specific business needs. The Independent Systems partnership is a case in point, bringing the time-tested applications of a tax software specialist with more than 30 years' expertise to complement the advanced capabilities of VAI's S2K Enterprise.

Kevin Beasley, Chief Information Officer, VAI, commented, "SalestaxII for VAI S2K fills a void in the marketplace, giving mid-sized firms a much-needed solution to the problem of state sales tax compliance. Current market offerings are multi-national in nature, exceeding most firms' requirements and budgets. Independent Systems' applications focus exclusively on the United States, U.S. territories and possessions and Canada. This geographic emphasis is the perfect fit for most small- to mid-sized businesses."

According to John Osman, President, Independent Systems, "Firms today want to be as accurate as possible in meeting their sales tax responsibilities. They also want to reduce their risk in the event of audit. Until today, the entry price point made this impossible for most mid-sized companies. The VAI–Independent Systems solution is at least 50% less expensive than those offered by larger competitors. In fact, depending on the specific state subscriptions required, the savings can approach 75%."

SalestaxII for VAI S2K and Laserbridge+ for VAI S2K became commercially available on May 1, 2007 after undergoing rigorous beta testing. Customers utilizing the modules have been impressed with the savings in personnel time, ease of update and reliability of the software.

About Independent Systems
Independent Systems ( www.TaxRates.com ) has over 30 years of experience in developing business tax software and helping businesses with state sales tax, sales tax rates and sales and use tax compliance. Independent Systems' business tax software provides sales tax charts, sales tax calculations and sales tax forms. The firm is a privately held software development company incorporated in 1977 to market and support tax software for business. Independent Systems possesses the expertise required to interact with state, county and city government agencies that levy and regulate sales and use tax on personal tangible property, a prerequisite to maintaining an accurate tax database.

About VAI (Vormittag Associates, Inc.)
VAI is an IBM Premier Business Partner and an award-winning software developer. Designed for the mid-range market, S2K Enterprise is used by a wide variety of mid-sized companies worldwide, with a number of clients in the manufacturing, distribution, retail , metals, food and related service industries. Advanced applications such as Warehouse Pro, EDI, CRM and e-Business provide companies the power to leverage their information technology investment. VAI is headquartered in Ronkonkoma, New York, with branch offices in Miami, Orlando, Chicago, Newport Beach and Oreville, California. For more information, please contact 800-824-7776 or visit www.vai.net
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SOURCE: Vormittag Associates, Inc.