Details

Industries

Software

Founded date

Jan 1, 1997

Number Of Employee

101 - 250

Operating Status

Active

In 1995, Tim Lopatofsky was working as vice president at a large telecommunications firm. Growth was good, but they faced a daunting task; accurately calculate and bill taxes for every minute of phone time for customers living in thousands of city, county, state and national jurisdictions.
The product options available to properly address the task were not promising. At the time, there was only one taxation solution available on the market and it was inefficient, expensive and did not fit well with the firm’s business procedures. Tim, frustrated with the lack of options, assumed an entrepreneurial role and sought to produce a comprehensive solution to the complexity of indirect taxes. Tim’s goal was to create the most robust, efficient, flexible and fast tax engine.