76 Church St
Montclair, NJ 07042
DAVO was created to solve the pain points in the payor/payee relationship, optimizing any recurring payment cycle and compressing time. Whether it’s a small to mid-sized merchant looking to simplify their sales & use tax payment method, a state government looking to collect sales & use tax securely, or a franchisor looking to streamline the collection of franchise royalty and advertising fees, DAVO has the solution. The company’s process is passive, seamless and automatic. It optimizes any recurring payment cycle of 30, 60 or 90 days (etc) and reduces that to 24 hours, compressing time.
DAVO launched its premier product, DAVO Sales Tax, on Feb. 20, partnering with First Data/Clover. DAVO Sales Tax is the automated sales tax solution for small to mid-sized merchants. DAVO’s patented process automatically and passively collects, files and pays sales tax for a merchant utilizing the ACH and card payments networks. This unique process integrates with a merchant’s POS, setting aside the total sales tax collected daily, holding it safe and secure. DAVO’s goal is to do for sales tax what ADP and Paychex did for payroll.
Maine Technology Institute
SixThirty – FinTech Accelerator