Vertex tax technology: Global tax determination at speed and scale
Manage indirect tax at a single point, leveraged across all your global business units
Transcript
Tax and IT departments today face an uphill battle, with constantly evolving tax rules and business changes. A Vertex tax engine provides a powerful solution to automate, streamline, and centralise indirect tax, so companies can reduce risk and increase scalability.
Vertex takes tax determination out of each individual transaction system, and puts it in a single global tax engine to support the sales and purchasing side of your business. No matter how many financial systems you use.
With Vertex, indirect tax is managed in one place – but leveraged across all of your business units around the world.
A Vertex tax engine delivers robust capabilities for the end-to-end tax process.
Continually updated tax content, maintained by the Vertex research team, supports sales, use, and value-added tax; plus industry-specific content for retail, leasing, food and beverage, and communications services.
Configurable tax rules let you configure your system to support your specific products and complex business needs.
Real-time address cleansing and precise jurisdiction assignment improve tax accuracy, regardless of where the transaction takes place.
Robust integrations seamlessly pass transaction details and tax calculations between Vertex and your financial systems in real-time.
Integrated tools to help you collect, track, and store exemption certificates. Reporting and data to automate compliance and support audit management. And options to let you deploy the tax engine in whatever way meets your business and IT requirements: in the cloud, on premise, or a hybrid approach that combines the benefits of both.
Find out how a Vertex tax engine can help you: reduce audit exposure, improve compliance, improve global scalability, centralise tax management, and increase productivity.
Integrate Vertex with your financial systems today, to make your end-to-end tax processes more efficient, agile, and scalable. Contact Vertex today to learn more or schedule a demonstration.