October 17, 2018 Westbrook, ME

DAVO Technologies, the leading provider of daily sales tax cash management automation has been awarded the SCORE Maine Top Successful Innovative Tech Business Award.

On June 14, 2018 at the SCORE SUCCESS AWARDS luncheon David Joseph, Co-founder and Chairman of DAVO Technologies accepted the award on behalf of DAVO. Nancy Strojny, Chair of the Portland Chapter of SCORE said, “SCORE Maine was honored to present the 2018 Innovation Technology Award to DAVO Technologies. We celebrate their vision, innovation and achievement delivering world class B2B solutions for collecting and paying sales tax.”

SCORE Maine mentors, John Pavan and Vinko Buble advised DAVO on several fronts including sales and marketing strategies, growth and client acquisition. David Joseph spoke frequently with SCORE mentors using their valuable business experience as a sounding board for ideas and strategies to accelerate growth. “We came to SCORE with a working product and sales partners in place and were open to learning and absorbing new ideas. John and Vinko were always available to offer insight, advice and support on our efforts,” said Joseph.

DAVO’s automated sales tax solution is seeing rapid adaptation by small to medium sized brick and mortar businesses because it is a simple, efficient and affordable solution to sales tax management and compliance. In the past 12 months, DAVO has seen double digit growth on the Clover, Square, Revel, Poynt and QuickBooks Online business channels. The company has also seen 250% company-wide growth from Q4 2017 to Q2 2018.

Since its launch in 2015, DAVO has received numerous awards from organizations in the fintech space including SixThirty in St. Louis, Finovate NY and the Maine Technology Institute.

About DAVO Technologies

DAVO has developed a suite of applications to provide automated solutions to merchants’ sales tax and cash management needs. DAVO Sales Tax is the only automated sales tax solution available with daily cash management. DAVO automatically collects sales tax daily and files and pays it when due. DAVO’s patented technology is trusted by thousands of brick and mortar merchants to automate their sales tax from start to finish. The DAVO Sales Tax app integrates with cloud based Point of Sale (POS) systems and guarantees on-time and in-full sales tax filing and payment for its merchant customers. DAVO offers a suite of payments products to help brick and mortar merchants with cash management—DAVO Sweep & Save, DAVO Savings Club and DAVO FranchisePay.