UCaaS Provider OIT Forms Business Relationship with CLA

CliftonLarsonAllen LLP, (also known as CLA) recently announced the company will be working with UCaaS service company OIT, LLC to provide regulatory and compliance services, supporting the company’s plans to rapidly expand services and promote business development.

As part of this new relationship, OIT will primarily focus on the following main services:

• Advanced tax mapping for OIT and its TSPs
• Exemption management for wholesale, which aims to reduce instances in which taxes are charged twice for transactions
• Enhanced billing for greater profit to the TSPs

“With tax and regulatory matters served through CLA’s seamless spectrum of back-office accounting and finance capabilities, IOT’s customers can focus on growth and feel confident they are not creating future risk to the value of their company,” said Matt LaHood,Managing Principal for the telecommunications industry at CLA. “CLA offers OIT’s resellers compliance packages suited to their size and needs. We believe OIT is positioned for strong growth, accompanied by efficient, leading tax strategies for its owners.”

The rapid development of the cloud industry and telecommunication services is leading business executives to outsource important business functions to experts like CLA, so that companies can focus their collective energy on steady growth and expansion.

“It’s likely that thousands of new telecommunications service providers will emerge over the next five years in the United States and Canada, most of them also MSPs” added LaHood,. “OIT is well poised to provide the needed hosted platform for these new providers, and CLA is there to support both the providers and OIT. We are so happy that OIT chose CLA to support its next stage of growth.”