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Avalara nabs nearly $1B in debt securities to fuel growing tax compliance software business

GeekWire

Seattle-based Avalara is getting a large cash infusion as its business continues to benefit from the e-commerce boom and increasing regulatory obligations. Avalara said last week that it added $959.9 million to its cash balance after issuing short-term debt in the form of convertible senior notes, according to a filing.

Software 106
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8 big IT failures of 2023

CIO Business Intelligence

Both United Airlines and Hawaiian Airlines saw service outages in 2023 resulting from wonky software upgrades, and Southwest ended the previous year with a Christmas travel meltdown blamed on outdated systems. Honestly, it’s a wonder the system works at all. Probably the worst IT airline disaster of 2023 came on the government side, however.

Backup 138
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Avalara continues acquisition spree with purchase of property tax compliance company CrowdReason

GeekWire

Tax software giant Avalara made yet another acquisition, announcing Monday that it bought property tax compliance software developer CrowdReason Limited Liability Company. Earlier this month Avalara acquired Track1099, which helps businesses manage IRS form filing requirements. In August Avalara added $959.9

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Steps That Ensure Greater IT Efficiency

Galido

Regardless of industry, businesses that continue to grow will inevitably require a variety of IT solutions to operate effectively and efficiently. IT departments spend an inordinate amount of time installing images on each PC, updating users’ computers with new software, and otherwise troubleshooting compatibility issues.

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You’re not alone in the cyber battlefield

Dataconomy

This proactive approach helps maintain a strong security posture and demonstrates the provider’s commitment to continuous improvement. Business continuity planning Ensure that the MSSP you choose has a well-tested business continuity plan (BCP) to minimize disruptions in the event of unexpected incidents or disasters.

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Fountainhead: What IT Can Learn From the Bean Counters

Fountainhead

Software use & metering, + Cost allocation: As above, this continues to be a hot topic -- if youre doing chargebacks, you need to monitor how (and by whom) software is being used. So, lots of interesting topics on licensing, metering, etc., Pointers for IT Business Continuity & Pandemics.

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Lessons from 2020, and What to Expect in 2021: An Evolutionary Time in Cyber and Privacy

SecureWorld News

And, while the trend towards SaaS-based options and cloud environments has been strong, we all learned how far our businesses really were from thriving in a truly virtual environment. In March, there was a massive scramble to purchase hardware and software that would allow employees to easily work from home.