"Zamp built its operating system for sales tax to own that outcome entirely, handling filing, registration, notices, taxability mapping, and data normalization for clients across all 50 U.S. states and more than 100 countries."
"Unlike legacy vendors that deliver software and leave customers to figure out the outcome themselves, Zamp built its own tax data layer across 12,000-plus jurisdictions, pairs AI agents with in-house tax and legal professionals at every step, and backs every filing with a direct penalty guarantee."
"More than 120 accounting firms now use the platform, and Zamp has completed more than 100,000 on-time filings with 99.97% accuracy while remitting over $300M in sales tax on their clients' behalf."
"The company has raised $30M in total funding to take sales tax off finance teams' plate, with the latest round led by Acrew Capital and participation from Thomson Reuters Ventures."
The Supreme Court's 2018 Wayfair decision increased the complexity of sales tax compliance for businesses, requiring tracking across over 12,000 jurisdictions. With a significant number of accountants nearing retirement and tax professionals spending substantial time on data preparation, Zamp offers a solution. It manages filing, registration, and data normalization, utilizing AI and in-house professionals. Zamp has achieved over 100,000 accurate filings and raised $30M in funding to further streamline sales tax processes for finance teams.
Read at AlleyWatch
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