Vertex and PwC US Announce an Alliance to Provide Transformative Tax Technology and Consulting Services

BERWYN, Pa.--()--In a move that further strengthens Vertex’s leadership position in tax technology, the company announced a strategic alliance with PricewaterhouseCoopers LLP (PwC US) to leverage the synergies between Vertex’s industry-leading corporate tax and data management solutions with PwC’s tax reporting and strategy consulting services. The alliance positions PwC as a preferred associate of Vertex.

“Our Vertex Enterprise solution and other advanced tax technologies, combined with PwC’s best-in-class tax services, will create breakthrough performance for our mutual clients. This alliance will help tax departments define exciting new opportunities for data-driven tax transformation, as well as meet the transparency requirements of the future”

“As the global tax environment continues to evolve, our clients are taking steps to prepare for the changing global tax reporting and planning landscape,” said Michael Shehab, US Tax Reporting & Strategy Leader for PwC. “The key to meeting these new transparency requirements will be the ability to harness data. Vertex® Enterprise is a differentiated tax performance management platform, and directly aligns with our vision for the tax function of the future. Vertex Enterprise, along with PwC’s strong track record as leading assurance, tax and advisory firm, will be a powerful combination in the marketplace.”

“The OECD’s base erosion and profit shifting (BEPS) project is expected to result in the most significant changes to the taxation of international business in the last 25 years,” said Jeff Westphal, President and CEO of Vertex. “Our Vertex Enterprise solution and other advanced tax technologies, combined with PwC’s best-in-class tax services, will create breakthrough performance for our mutual clients. This alliance will help tax departments define exciting new opportunities for data-driven tax transformation, as well as meet the transparency requirements of the future,” said Westphal.

PwC has worked with Vertex over many years, and through this strategic alliance, the two organizations will bring to market advanced tax technology solutions, services and innovations to further the evolution of tax processes and tax functions. Vertex and PwC’s alliance will offer solutions to meet both direct and indirect corporate tax challenges. This includes strategic business planning and advice, as well as improved tax performance management across the entire tax lifecycle.

About Vertex, Inc.

Founded in 1978, Vertex Inc. is the leading provider of corporate tax software and services for companies 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 products and services that allow businesses to automate, integrate, streamline or even outsource their corporate tax processes. Vertex provides solutions in every major line of tax including income, sales and consumer use, value added and payroll. It 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 850 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.

About PwC US

PwC US helps organizations and individuals create the value they're looking for. We're a member of the PwC network of firms, which has firms in 157 countries with more than 208,000 people. We're committed to delivering quality in assurance, tax and advisory services. Find out more and tell us what matters to you by visiting us at www.pwc.com/us.

© 2015 PwC. All rights reserved. PwC refers to the US member firm or one of its subsidiaries or affiliates, and may sometimes refer to the PwC network. Each member firm is a separate legal entity. Please see www.pwc.com/structure for further details.

Contacts

Company contact:
Vertex Inc.
Tricia Schafer-Petrecz, 484-595-6142
tricia.schafer-petrecz@vertexinc.com
or
Press contact:
Bravo Group
Noelle Lorine, 610-263-8300
lorine@thebravogroup.com