Estimated reading time: 0 minutes, 28 seconds

AVALARA USES AI TO CLASSIFY PRODUCTS Featured

Avalara Managed Tax Classification has been introduced to enable businesses to classify products and services by tax categories. The newly marketed application will utilize artificial intelligence and machine learning to generate classifications for both state and local taxability determinations.

The classification product utilizes machine learning to provide up-to-date classifications. Avalara’s announcement says it “ helps mitigate over- and undercharging tax, while leaving room to apply special considerations, like SNAP and WIC eligibility.” The statement continues, “Our deep product content database assists AI and machine learning algorithms and search functions to easily identify and classify products.”

.

Read 1826 times
Rate this item
(0 votes)

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.