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Zytax

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Founded

1999

HQ

Houston

United States

North America

Industry Segment

Trade finance

Company Status

Acquired

Description

FuelQuest provides on-demand, web-based supply chain management and tax automation technologies for suppliers, distributors, buyers, and traders of petroleum products and other energy commodities. FuelQuest solutions deliver operational and financial value to over 750 customers. These customers include leading global oil companies, international retailers, shippers and government entities. FuelQuest solutions help customers manage the complexity, regulation and market volatility of billions of gallons of gasoline and diesel fuel annually. Zytax solutions processes tens of billions of dollars of motor fuels excise taxes per year. Fuel excise taxes are some of the most complex and difficult taxes for businesses today to process accurately and efficiently. Zytax offers three cloud-based solutions that address this complexity. Its flagship product, Zytax Compliance, enables on-time, signature-ready motor fuels excise tax filing and audit defense through automation of the end-to-end filing process. Zytax Determination identifies and calculates energy taxes, providing financial control and transparency across a wide range of product types including petroleum, natural gas, and biodiesel. Finally, Zytax Government increases fuel revenue collections by easing returns filing submission, processing, and auditing for government agencies.

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