Best of SaaS Showplace Award Winner

Company: Sabrix

About the Company and their Award:
Sabrix, Inc. is a leading provider of transaction tax management software and services for companies of all sizes. Sabrix Managed Tax Service (MTS) is an outsourced sales and use tax compliance service that allows companies to entrust their compliance obligation to Sabrix tax experts. Sabrix MTS combines the services of professional tax experts with best practice methodologies and a SaaS version of Sabrix’s tax software. Epocrates provides mobile and web-based clinical references and decision support services, including the most popular iPhone medial application, to more than 900,000 healthcare professionals worldwide. The company continues to grow rapidly with more than one in three physicians relying on its software and collaborations with government, pharmaceutical and market research organizations. It needed to find ways to comply with its rising tax obligations without assuming greater administrative costs. Epocrates estimates that it has generated $200,000 annual savings using Sabrix MTS, including $150,000 due to the automation of the tax management process and not having to retain in-house tax experts. Plus an additional $50,000 savings in subscriptions to tax sources and tracking jurisdictions and tax rate changes with software and technology savings using a SaaS solution rather than an on-premise application. It is for these reasons that Sabrix has been named a Best of SaaS Showplace Award winner.

 

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