BERWYN, Pa.--(EON: Enhanced Online News)--Vertex Inc., the leading provider of corporate enterprise tax solutions, today announced that it now has more than 1,000 companies using Vertex® Indirect Tax O Series®, the industry leading solution for companies to manage global indirect taxes. Introduced in 2003, Vertex O Series was the first enterprise solution for global indirect tax management.
“Vertex O Series has revolutionized the way that companies manage complex indirect tax obligations, increasing the ability of tax professionals to focus on strategic initiatives.”
“For more than 30 years Vertex has offered software solutions and services that have transformed the way corporate tax departments do business,” commented Jeff Westphal, President and CEO of Vertex Inc. “This latest milestone illustrates the number of companies who trust Vertex for its unique combination of tax and technology expertise.”
More than half of the world’s Fortune 500 companies rely on Vertex for tax management technology, including corporations such as ABB, Inc., Ford Motor Company, Stanley Black & Decker, Inc. and Starbucks Corporation.
The Vertex O Series solution is backed by Vertex specialists dedicated to helping companies succeed. This includes the industry’s most extensive tax research team, on-site implementation and ongoing product support.
Vertex has the highest client satisfaction approval ratings in the industry for tax software and services and for 12 years has received Support Capabilities and Performance (SCP) certification – a global benchmark limited to companies who demonstrate continued commitment to excellence in customer support. In addition, 92 percent of Vertex users would recommend its products and services to a colleague or peer in the industry.
“Over the past decade, the prominence of indirect taxes has increased on a global scale, as has the scrutiny by tax jurisdictions,” said Peggi Rockefeller, Chief Tax Officer for Transaction Tax at Vertex. “Vertex O Series has revolutionized the way that companies manage complex indirect tax obligations, increasing the ability of tax professionals to focus on strategic initiatives.”
Founded in 1978, Vertex Inc. is the leading provider of corporate enterprise tax software and services worldwide.
Vertex helps corporations realize the full financial and strategic potential of corporate tax, offering a variety of solutions that streamline, integrate and automate corporate 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 strategic 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.