Press Release

Evergent Introduces Sales And Use Tax Solution For Its User Lifecycle Management Platform

Solution Helps Video Service Providers Monetize Content Services and Accurately Determine Tax

SUNNYVALE, CA, August 31, 2017 /PRNewswire-USNewswire/ — Evergent Technologies, Inc. (https://www.evergent.com), a leading provider of cloud-based, user lifecycle management solutions for video service providers, today announced a comprehensive Sales and Use Tax Solution called Evergent TaxCalc. Designed to help cloud video service providers better monetize content via the Evergent User Lifecycle Management Platform, it can be used in conjunction with our invoice and billing service to determine the appropriate tax to be collected from the end user and remitted to the local tax authority.

Evergent TaxCalc (TC) helps video services providers worldwide simplify an inherently complex process. As part of Evergent’s Revenue Management Module, it can help companies handle revenue management, including global tax, billing and payment information, and ultimately better monetize video content. And because this tax solution has been integrated into Evergent’s system, customers don’t need another system or vendor to manage this process—meaning no additional bills, vendors or points of failure. This highly scalable, and cloud-based software-as-a-service (SaaS) solution determines all tax calculations based on the taxing jurisdiction and retrieves the tax area associated with master address records or address information passed on in a transaction. It includes features for tax calculation via a calculation engine and tax look-up based on city, state, postal code, and other address information using Tax GIS database.

“Billing management can be exceptionally complex. We provide convenience and a reduced tax management burden, “says Evergent’s Vijay Sajja, Founder and CEO, “Our Revenue Management Module simplifies the process, and supports up to 150 global currencies. As an example, the tax look up web service identifies the tax area associated with a transaction and provides that up-to-date, global information to our customers on a daily basis.”

About Evergent

Evergent is the leading global provider of cloud-based subscriber and partner management solutions that enable success for cloud video service providers. Evergent’s carrier-grade cloud-based software enables video service providers to generate more revenue, delight customers and partners, and run their back-office efficiently. Evergent’s customers include leading carriers such as AT&T, Etisalat, and SimpleTV, and leading media companies such as FOX and Sony Entertainment Television. Evergent is headquartered in Sunnyvale, California, and has offices in San Diego and Los Angeles and internationally in Australia, Canada, India, Japan, and Singapore.

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