BERWYN, Pa.--(BUSINESS WIRE)--Vertex Inc., the leading provider of corporate tax solutions, announced today the launch of Vertex® Indirect Tax Returns for value added tax (VAT). Now, Vertex delivers a tool that automates VAT compliance for corporations operating globally, dramatically improving efficiency and accuracy.
Vertex Indirect Tax Returns includes signature-ready VAT returns forms (in English or local country languages) that are automatically populated with data from Vertex's market leading indirect tax automation solution, Vertex® Indirect Tax O Series®. This end-to-end solution encompassing rules and rates, calculation, and compliance, replaces costly manual processes that many corporate tax departments currently use for managing global indirect taxes.
"U.S. state and local tax authorities, as well as federal governments across the globe, continue to increase indirect tax requirements and audit pressure," said Wendy Gerhart, Market Strategy Leader at Vertex Inc. “At the same time, companies have fewer resources available to keep pace with the increasing demands for tax compliance. Vertex now offers signature-ready VAT returns on a completely proven platform to further automate the full indirect tax lifecycle."
Founded in 1978, Vertex Inc. is the leading provider of corporate tax software and services for companies of all sizes, from small to medium-sized businesses to global multinationals.
Vertex solutions enable companies to realize the full strategic potential of the corporate tax function. The company offers a variety of products and services that allow businesses to automate, integrate, and streamline their corporate tax processes. Vertex provides solutions in every major line of tax including income, sales and consumer use, value added and payroll. Vertex also offers tailored solutions for specific industries including retail, communications, hospitality and leasing. Vertex Managed Services allows companies to outsource sales and use tax returns and exemption certificate management.
Known for its innovative culture, Vertex is a privately held company that employs over 900 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, San Francisco, Sarasota and Seattle.
For more information about Vertex, visit www.vertexinc.com.