Sabrix Announces Think Global, Start Local Program
Sabrix Introduces Domestic and Global Tax Management Solutions for the Small-to-Medium Business (SMB) Market
SAN RAMON, Calif. – September 1, 2004 — Sabrix, Inc., a leading provider of enterprise tax applications, today announced Think Global, Start Local, a program of flexible pricing options that enables small- to medium-sized businesses as well as divisions of larger businesses to enjoy immediate tax savings by automating sales, use, and international value-added tax ( VAT) transactions.
Think Global, Start Local is designed for tax, accounting, or finance departments who--regardless of the size of their company, their department, or the scope and magnitude of their tax challenge--must automate tax to ensure compliance. The program, which runs from September 1 st through the end of 2004, lowers barriers to automation by providing subscription-based pricing and packaged implementations of the Sabrix Application Suite.
“Think Global, Start Local challenges the traditional notion that only large enterprises with complex financial transactions and significant IT resources can afford enterprise tax automation,” said Steve L. Adams, president and CEO of Sabrix. “This program simplifies the purchase of a tax solution; lowers the cost, risk, and complexity of automating tax; and accelerates time-to-value by providing immediate benefits without a large upfront investment. Businesses with $100M or more in revenue--as well as divisions of larger companies who cannot wait for a corporate solution--will save tax dollars, improve cash management, and lower administrative costs.”
Annual subscriptions start as low as $48,000 for a complete sales and use tax solution that determines, calculates and records taxes for more than 8,000 taxing jurisdictions in the U.S. Subscriptions include the Sabrix Application Suite, software upgrades, support, and monthly updates to domestic and international tax rates and rules for more than 120 countries. Packaged implementations include free installation and free SabrixConnection software for Oracle, PeopleSoft, SAP, and other financial applications.
For more information on Think Global, Start Local, call 1-866-4-SABRIX (1-866-4722-749) or logon to www.sabrix.com.
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.
For press inquiries:
Kurt Foeller
Foeller Communications
sabrix@foellercom.com