BobWScott

BobWScott

AVALARA LAUNCHES POS CONTENT APP

Avalara has released Avalara Content Generation for POS, which delivers tax information to POS systems. The sales tax software company says the application helps with calculations at the point of sale by updating tax content, along with rates and rules changes.

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CLOUD DRIVES VERTEX REVS UP 10.1 PERCENT

Vertex rode a 42-percent increase in cloud-based sales to a first-quarter 10.1-percent rise in revenue for the first quarter ended March 31. The indirect sales tax company also reported net income of $1.3 million for the most recently ended period,,compared to a loss of slightly more than $32 million a year earlier.

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REPAY PICKS UP BILLINGTREE FOR $503M

Repay Holdings was back on the acquisition path this week with the announcement it will buy BillingTree for about $503 million. It is the largest acquisition ever for company which has been sopping up payments companies and came days before Repay announced a 20.4 percent increase in revenue for the first quarter ended March 30.

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