SOURCE: Sabrix, Inc.

March 10, 2008 09:00 ET

Sabrix Managed Tax Service's Skilled Tax Experts and Trusted Tax Platform Make Sales and Use Tax Compliance a Breeze at Stulz Air Technology Systems

Stulz Realizes Annual Compliance Savings; Enjoys Seamless Integration With Microsoft Dynamics GP

SAN RAMON, CA--(Marketwire - March 10, 2008) - Sabrix, Inc., a leading provider of transaction tax management for companies of all sizes, announced today that Stulz Air Technology Systems (Stulz ATS), the global technology leader in environmental control systems, freed up significant human and financial resources, resulting in annual savings by entrusting sales and use tax compliance to the Sabrix Managed Tax Service™ (Sabrix MTS). Sabrix MTS' seamless integration with Microsoft Dynamics GP enabled the company to quickly transition from a manual process to a more streamlined workflow that leverages Sabrix's highly skilled tax experts and trusted tax platform to achieve a higher degree of accuracy.

As a result of extraordinary annual growth in its U.S. operations, Stulz ATS was challenged to manage sales tax compliance through its traditional manual approach and was potentially increasing the risk of audit exposure. Their requirements for a solution were three-fold: tax expertise that would enable them to avoid hiring and retaining skilled experts in-house; minimal disruption to existing financial processes, requiring seamless integration with their established Microsoft Dynamics GP ERP system; and the ability to scale their tax compliance process without additional investment in people or technology as the company grows. After a thorough evaluation of the limited number of available market options, Stulz selected Sabrix MTS.

Sabrix MTS allows companies to outsource their sales and use tax compliance process to highly skilled tax experts using a trusted tax platform that currently powers over $1.7 trillion in transaction taxes for companies of all sizes, including many Global 2000 leaders. Acting as an extension of a company's finance department, Sabrix MTS' tax experts, proven software, and best practices minimize the hassle, reduce the costs, and limit audit exposure of sales tax compliance. The service addresses the complete tax management process, including address validation, tax rate maintenance, determination and calculation, signature-ready return preparation as well as audit research and documentation. And, Sabrix MTS is designed to integrate with Microsoft Dynamics GP in less than an hour with no disruption to existing business processes.

"Sabrix MTS is a unique solution in the market," said Michelle Holsinger, ERP Process Manager at Stulz ATS. "With Sabrix as our compliance solution, we've increased order entry process efficiencies and eliminated the need to hire additional tax expertise, while coping with an increase in transaction volume. For growing companies like ours, it's the obvious and logical choice."

Sabrix MTS is available as a subscription service, allowing companies to pay based on their usage. Integrations to multiple ERP and eCommerce systems are available. More customer case studies and other information are available online: http://www.sabrix.com/managedtaxservice.

About Stulz ATS

As the technology leader in the industry, Stulz Air Technology Systems, Inc. is dedicated to providing innovative solutions to critical environmental control needs. This is accomplished through the design and manufacture of highly energy efficient temperature and humidity control equipment for commercial and industrial applications. Since its beginnings in Hamburg, Germany in 1947, Stulz has expanded its presence into major markets around the globe. With production facilities in the USA, Germany, Italy, China and India, the Stulz group now employs over 4,000 people worldwide. In addition to production facilities, Stulz offers a global service and sales network.

About Sabrix

Sabrix, Inc. is a leading provider of transaction tax management for companies of all sizes, enabling finance, tax, and IT professionals to achieve accurate, timely, and cost-effective compliance for sales tax, use tax, Value Added Tax (VAT), excise tax and industry-specific taxes and fees. The Sabrix Application Suite serves global enterprises such as Amazon.com, BASF, Cisco, DTE Energy, IBM, QUALCOMM, Sportsman's Warehouse, and York International. The Sabrix Application Suite seamlessly connects to all financial applications requiring the determination, calculation, and recording of transaction taxes. The company also offers the Sabrix Managed Tax Service™ (MTS), an outsourced transaction tax compliance service that helps finance departments of small-and-medium-sized businesses eliminate the hassle, control their audit exposure, and reduce the total cost of sales tax, use tax, and VAT compliance. Sabrix MTS seamlessly integrates with a company's existing accounting and e-commerce systems, and, similar to outsourced payroll services, operates as a trusted extension of a company's finance department to address tax compliance from start to finish: address validation, tax rate maintenance, tax determination and calculation, returns preparation and filing as well as audit research and documentation. For more information, please visit www.sabrix.com.

Sabrix, Sabrix Managed Tax Service, and Consolidated Transaction Tax Management are trademarks of Sabrix, Inc. All other company and product names are trademarks or registered trademarks of their respective holders.

Contact Information

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