Vertex
Vertex provides tax software solutions that automate compliance management for businesses. By streamlining tax reporting and regulatory adherence, the platform reduces the risk of errors and minimizes the time spent on tax-related tasks.
- Enterprise Software
- Financial Technology
- Software Only
Funding
Founders
Founder details are not available yet.
Product
Problem
Businesses face increasing complexity in managing global tax compliance due to constantly changing regulations, diverse tax types (sales & use, VAT, etc.), and the need to integrate with various ERP, e-commerce, and POS systems. Inaccurate tax calculations, manual reporting processes, and lack of real-time insights can lead to errors, audits, and financial losses.
Solution
Vertex provides a suite of tax technology solutions designed to automate and streamline tax compliance across various business sizes and industries. The platform offers end-to-end capabilities, including tax determination, data & insight, compliance & reporting, and document management. By integrating with existing systems, Vertex enables businesses to accurately calculate taxes, manage filings, and gain real-time visibility into their tax positions, reducing risk and improving operational efficiency.
Target Audience
Vertex primarily serves mid-size to enterprise-level businesses across various industries, including communications, hospitality, leasing, oil & gas, medical, and retail/e-commerce, that require comprehensive tax compliance solutions.
Features
- Global tax determination engine (TaxCalc) for accurate calculations across jurisdictions and tax types
- Automated compliance and reporting tools (TaxCompliance) to streamline filings and cross-border commerce
- Data analytics and insights (TaxInsight) to proactively identify and manage tax-related risks
- E-invoicing solution to automate real-time reporting and e-invoicing management
- Integrations with ERP, e-commerce, procurement, POS, and subscription billing systems
- Support for various tax types, including sales & use tax, VAT, consumer use tax, and communications services tax
- Managed services for outsourcing administrative tasks related to indirect tax and exemption certificate management