LONDON & BERWYN, Pa.--(BUSINESS WIRE)--Vertex has been named a recipient of Ventana Research's 2013 Technology Innovation Awards. Ventana, a technology analyst and research firm based in San Ramon, CA, recognized Vertex® Enterprise in the category of Business Innovation for the Office of Finance.
The Technology Innovation Awards distinguishes pioneers that have developed clear visionary and transformative technology, showcasing what technology vendors have done to advance the potential of their applications and technology that enable to drive better productivity and outcomes. Vertex joins 25 other leading technology providers honored this year for their contributions to the industry.
"This is a significant recognition for Vertex Enterprise, particularly in the category of Office of Finance," said John Viglione, Chief Technology Officer. "We've shared quite a bit of detail with Ventana about Vertex Enterprise, and they have clearly taken notice of the potential for not only the tax department, but the broader finance organization."
Vertex® Enterprise is the latest addition to Vertex's suite of global solutions. Vertex Enterprise is a breakthrough solution designed to impact the entire tax life cycle, from provision to audits, planning and compliance, by solving the data management challenges of tax and finance professionals and enabling them to drive better business decisions across the organization.
“After reviewing 15 vendors in the overall area of Office of Finance, we chose Vertex for their focus on improving not just the automation but the information and analytics that accelerate the management of tax processes,” said Mark Smith, CEO and Chief Research Officer, Ventana Research. “With the advancements in tax analytics and use with Vertex Enterprise, we believed it was time to recognize Vertex.”
Vertex will receive the award during a ceremony at Ventana’s upcoming Business Technology Innovation Summit on November 11-12 in Chicago.
About Vertex
Founded in 1978, Vertex Inc. is the leading provider of corporate enterprise tax software and services worldwide.
Vertex helps companies realize the full financial and strategic potential of corporate tax, offering a variety of solutions that streamline, integrate and automate direct and indirect tax processes. Vertex solutions serve multinational corporations in every major line of business tax, including income, sales, consumer use, value added, communications and payroll. The company’s offerings are showcased by Vertex® Enterprise, a data-driven, open-architecture approach to tax technology that integrates all direct and indirect tax processes and technologies with host financial system applications on a single platform. The result is increased efficiency, control, transparency and improved confidence in decision making for Tax and Finance departments.
Vertex is a privately held company that employs over 800 professionals across the globe, at its headquarters in the U.S. (Berwyn, Pa.) and offices in Europe (London), Brazil (São Paulo), Dallas, Fort Collins, Naperville, Phoenix and Sarasota.
For more information about Vertex, visit www.vertexinc.com
For more information on Vertex® Enterprise, visit www.vertexinc.com/enterprise
About Ventana Research
Ventana Research is the most authoritative and respected benchmark business technology research and advisory services firm. We provide insight and expert guidance on mainstream and disruptive technologies through a unique set of research-based offerings including benchmark research and technology evaluation assessments, education workshops and our research and advisory services, Ventana On-Demand. Our unparalleled understanding of the role of technology in optimizing business processes and performance and our best practices guidance are rooted in our rigorous research-based benchmarking of people, processes, information and technology across business and IT functions in every industry. This benchmark research plus our market coverage and in-depth knowledge of hundreds of technology providers means we can deliver education and expertise to our clients to increase the value they derive from technology investments while reducing time, cost and risk.