Vertex, Inc.

King of Prussia,  PA 
United States
http://www.vertexinc.com
  • Booth: 1505

About Vertex

Vertex, Inc. is a leading tax software and services provider that empowers global commerce. The company’s mission is to connect customers and partners across all industries to deliver the world’s most trusted tax solutions for businesses to grow with confidence. Vertex provides cloud-based and on-premise solutions that can be tailored to specific industries for every major line of indirect tax, including sales and consumer use, value added and payroll. Headquartered in North America, and with offices in South America and Europe, Vertex is a privately held company that employs over 1,000 professionals and serves companies across the globe.

For more information, visit www.vertexinc.com or follow on Twitter and LinkedIn.


 Press Releases

  • King of Prussia, PA

    Vertex, Inc. (NASDAQ: VERX) and its subsidiaries, (“Vertex” or the “Company”), a global provider of tax technology solutions, today announced that it has acquired LCR-Dixon Corporation, a specialized expert in SAP technologies and leading provider of tax intelligence solutions.

    LCR-Dixon’s tools enhance a customer’s ability to maintain, analyze and validate tax data in procure-to-pay as well as order-to-cash. LCR-Dixon’s solutions are purpose-built to simplify tax complexity in SAP environments.

    “We believe the addition of LCR-Dixon’s unique suite of solutions with Vertex tax technology delivers an incomparable value to our customers who need to manage complex global compliance requirements,” said Vertex CEO David DeStefano. “We share a common vision and principles based upon loyalty, consideration and respect. Vertex and LCR-Dixon have enjoyed a long-standing partnership and together have delivered best-in-class solutions to some of the world’s largest companies running SAP.”

    LCR-Dixon’s PLUS tools were specifically developed to improve functionality and performance for SAP indirect tax processes and are seamlessly integrated into Vertex’s tax determination software. This combination will enable Vertex to deliver advanced capabilities across the global SAP ecosystem.

    “When we founded LCR-Dixon we had a vision for building tax solutions to solve complex problems in a simple way,” said LCR-Dixon co-founder and CEO Suzy Soo. “This acquisition is a natural evolution of our relationship and a shared vision to simplify tax complexity. We are excited to unite our offerings into a single platform offered exclusively by Vertex and serve as the leading end-to-end solution provider in tax for SAP customers.”

    Learn more about Vertex.


    About Vertex

    Vertex is a leading global provider of indirect tax software and solutions. The company’s mission is to deliver the most trusted tax technology enabling global businesses to transact, comply and grow with confidence. Vertex provides cloud-based and on-premise solutions that can be tailored to specific industries for major lines of indirect tax, including sales and consumer use, value added and payroll. Headquartered in North America, and with offices in South America and Europe, Vertex employs over 1,200 professionals and serves companies across the globe.

    For more information, visit www.vertexinc.com or follow on Twitter and LinkedIn.

    COPYRIGHT © 2021 VERTEX, INC. ALL RIGHTS RESERVED. THE INFORMATION CONTAINED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY, MAY CHANGE AT ANY TIME IN THE FUTURE, AND IS NOT LEGAL OR TAX ADVICE. THE PRODUCT DIRECTION AND POTENTIAL ROADMAP INFORMATION IS NOT A GUARANTEE, MAY NOT BE INCORPORATED INTO ANY CONTRACT, AND IS NOT A COMMITMENT TO DELIVER ANY MATERIAL, CODE, OR FUNCTIONALITY. THIS INFORMATION SHOULD NOT BE RELIED UPON IN MAKING PURCHASING, LEGAL, OR TAX DECISIONS. THE DEVELOPMENT, RELEASE, AND TIMING OF ANY FEATURES OR FUNCTIONALITY DESCRIBED FOR VERTEX’S PRODUCTS REMAINS AT THE SOLE DISCRETION OF VERTEX, INC. ANY STATEMENTS IN THIS RELEASE THAT ARE NOT HISTORICAL FACTS ARE FORWARD-LOOKING STATEMENTS AS DEFINED IN THE U.S. PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995. ALL FORWARD-LOOKING STATEMENTS ARE SUBJECT TO VARIOUS RISKS AND UNCERTAINTIES DESCRIBED IN VERTEX’S FILINGS WITH THE US SECURITIES AND EXCHANGE COMMISSION (“SEC”) THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM EXPECTATIONS. VERTEX CAUTIONS READERS NOT TO PLACE UNDUE RELIANCE ON THESE FORWARD-LOOKING STATEMENTS WHICH VERTEX HAS NO OBLIGATION TO UPDATE AND WHICH SPEAK ONLY AS OF THEIR DATES.

    ###

    Company Contact

    Tricia Schafer-Petrecz
    Vertex, Inc.
    tricia.schafer-petrecz@vertexinc.com
    484.595.6142

    Investor Relations Contact

    Ankit Hira or Ed Yuen
    Solebury Trout for Vertex, Inc.
    ir@vertexinc.com
    610.312.2890

  • King of Prussia, PA

    First indirect tax software provider to achieve Fulfilled by Acumatica and Certified Application status

    Vertex, Inc. (NASDAQ:VERX) and its subsidiaries, (“Vertex” or the “Company”), a global provider of tax technology solutions, announced its Vertex® Cloud Indirect Tax solution is now “Fulfilled by Acumatica.” By achieving this certification and integrating with Acumatica’s cloud-based ERP, Vertex is enabling companies across the globe to easily automate their compliance reporting processes and make informed decisions based on more accurate, real-time tax data.

    Achieving the “Fulfilled by Acumatica” designation verifies the software accurately integrates with the current release of the ERP system and provides a level of assurance to the customer that it will perform correctly. Companies like Vertex who achieve this distinction have Acumatica’s seal of approval to best serve their customer base. 

    “Our partnership with Acumatica is built on trust and the consistent performance and value of our solutions with Acumatica’s ERP, providing our joint customers with the features and functionality they need to manage their business and optimize their tax and financial processes,” said Bradd Wildstein, vice president of channel sales at Vertex. “Advancing our relationship enables Acumatica’s skilled sales and technical teams to help users to more quickly realize benefits of our combined solutions.”

    Acumatica’s modern cloud platform offers one cohesive integrated solution and a seamless flow of data that offers strategic business insights and improves overall efficiencies. As the first tax technology provider to achieve both Fulfilled by and Certified by Acumatica, Vertex provides Acumatica’s customers with improved flexibility to meet changing sales tax requirements, while leveraging comprehensive tax content and advanced infrastructure.

    “Strengthening our relationship with Vertex will drive faster, more confident business decision-making for customers through more accurate compliance data and insights,” said Christian Lindberg, vice president of partner solutions at Acumatica.

    Vertex® Cloud Indirect Tax is also an Acumatica Certified Application (ACA) available on the Acumatica Marketplace, with incredibly fast deployment that delivers quicker time-to-value. Acumatica’s complete Cloud ERP solution has been recognized as a visionary in Gartner’s Magic Quadrant.

    Learn more about Vertex on Acumatica’s Cloud ERP platform.
     


    About Vertex
    Vertex is a leading global provider of indirect tax software and solutions. The company’s mission is to deliver the most trusted tax technology enabling global businesses to transact, comply and grow with confidence. Vertex provides cloud-based and on-premise solutions that can be tailored to specific industries for major lines of indirect tax, including sales and consumer use, value added and payroll. Headquartered in North America, and with offices in South America and Europe, Vertex employs over 1,200 professionals and serves companies across the globe.

    For more information, visit www.vertexinc.com or follow on Twitter and LinkedIn.

    COPYRIGHT © 2021 VERTEX, INC. ALL RIGHTS RESERVED. THE INFORMATION CONTAINED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY, MAY CHANGE AT ANY TIME IN THE FUTURE, AND IS NOT LEGAL OR TAX ADVICE.  THE PRODUCT DIRECTION AND POTENTIAL ROADMAP INFORMATION IS NOT A GUARANTEE, MAY NOT BE INCORPORATED INTO ANY CONTRACT, AND IS NOT A COMMITMENT TO DELIVER ANY MATERIAL, CODE, OR FUNCTIONALITY.  THIS INFORMATION SHOULD NOT BE RELIED UPON IN MAKING PURCHASING, LEGAL, OR TAX DECISIONS. THE DEVELOPMENT, RELEASE, AND TIMING OF ANY FEATURES OR FUNCTIONALITY DESCRIBED FOR VERTEX’S PRODUCTS REMAINS AT THE SOLE DISCRETION OF VERTEX, INC.  ANY STATEMENTS IN THIS RELEASE THAT ARE NOT HISTORICAL FACTS ARE FORWARD-LOOKING STATEMENTS AS DEFINED IN THE U.S. PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995. ALL FORWARD-LOOKING STATEMENTS ARE SUBJECT TO VARIOUS RISKS AND UNCERTAINTIES DESCRIBED IN VERTEX’S FILINGS WITH THE US SECURITIES AND EXCHANGE COMMISSION (“SEC”) THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM EXPECTATIONS.  VERTEX CAUTIONS READERS NOT TO PLACE UNDUE RELIANCE ON THESE FORWARD-LOOKING STATEMENTS WHICH VERTEX HAS NO OBLIGATION TO UPDATE AND WHICH SPEAK ONLY AS OF THEIR DATES. 

    ###

    Company contact:            
    Tricia Schafer-Petrecz
    Vertex, Inc.
    tricia.schafer-petrecz@vertexinc.com
    484.595.6142

    Investor Relations contact: 
    Ankit Hira or Ed Yuen
    Solebury Trout for Vertex, Inc.
    ir@vertexinc.com
    610.312.2890
     

  • King of Prussia, PA

    Vertex announced its Taxamo Assure by Vertex® solution.

    Vertex, Inc. (NASDAQ:VERX) and its subsidiaries, (“Vertex” or the “Company”), a global provider of tax technology solutions, announced its Taxamo Assure by Vertex® solution that facilitates and enhances the successful completion of online sales by e-commerce sellers. The Assure solution enables such sellers to ensure that their covered sales are in full compliance with the complex process of value-added tax (VAT) calculation and reporting obligations for parcels worth €150 or less, as new VAT rules for e-commerce transactions to the EU went into effect July 1, 2021.

    The new EU VAT regulations impose additional compliance burdens and increased complexity with changes to rates, thresholds and remittance processes for all merchants remotely selling into the EU. Assure offers a complete solution for the merchant to meet their obligations under the new rules in the form of an innovative pay-as-you-go product. The merchant pays a fee per parcel and in turn their VAT obligations – from calculation to registration to collection to remittance to compliance – will be assumed and undertaken by Vertex. The solution seamlessly integrates into the checkout journey and controls the real-time VAT calculation and invoicing on a merchant’s covered sales to the EU. As the merchant processes sales, the transaction details are tracked and Taxamo files and remits the VAT due.

    “Our Taxamo Assure product delivers sellers an end-to-end, turn-key solution that automates real-time VAT calculations and reporting obligations,” said Vertex President of E-commerce John McCarthy. “The solution simplifies the entire process for merchants who are not equipped to handle remote seller obligations and prefer to focus on higher-value activities like improving customer experience and growing their businesses.”

    The Assure solution is designed to easily integrate with a merchant’s existing e-commerce sales process, supporting integrations via both direct APIs and selected e-commerce plug-ins to facilitate and enhance online sales.


    About Vertex

    Vertex, Inc. is a leading global provider of indirect tax software and solutions. The company’s mission is to deliver the most trusted tax technology enabling global businesses to transact, comply and grow with confidence. Vertex provides cloud-based and on-premise solutions that can be tailored to specific industries for major lines of indirect tax, including sales and consumer use, value added and payroll. Headquartered in North America, and with offices in South America and Europe, Vertex employs over 1,200 professionals and serves companies across the globe.

    For more information, follow Vertex on Twitter and LinkedIn.

    Copyright © 2020 Vertex, Inc. All rights reserved.


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    COPYRIGHT © 2021 VERTEX, INC. ALL RIGHTS RESERVED. THE INFORMATION CONTAINED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY, MAY CHANGE AT ANY TIME IN THE FUTURE, AND IS NOT LEGAL OR TAX ADVICE. THE PRODUCT DIRECTION AND POTENTIAL ROADMAP INFORMATION IS NOT A GUARANTEE, MAY NOT BE INCORPORATED INTO ANY CONTRACT, AND IS NOT A COMMITMENT TO DELIVER ANY MATERIAL, CODE, OR FUNCTIONALITY. THIS INFORMATION SHOULD NOT BE RELIED UPON IN MAKING PURCHASING, LEGAL, OR TAX DECISIONS. THE DEVELOPMENT, RELEASE, AND TIMING OF ANY FEATURES OR FUNCTIONALITY DESCRIBED FOR VERTEX’S PRODUCTS REMAINS AT THE SOLE DISCRETION OF VERTEX, INC. ANY STATEMENTS IN THIS RELEASE THAT ARE NOT HISTORICAL FACTS ARE FORWARD-LOOKING STATEMENTS AS DEFINED IN THE U.S. PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995. ALL FORWARD-LOOKING STATEMENTS ARE SUBJECT TO VARIOUS RISKS AND UNCERTAINTIES DESCRIBED IN VERTEX’S FILINGS WITH THE US SECURITIES AND EXCHANGE COMMISSION (“SEC) THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM EXPECTATIONS. VERTEX CAUTIONS READERS NOT TO PLACE UNDUE RELIANCE ON THESE FORWARD-LOOKING STATEMENTS WHICH VERTEX HAS NO OBLIGATION TO UPDATE AND WHICH SPEAK ONLY AS OF THEIR DATES.

    Company Contact

    Tricia Schafer-Petrecz
    Vertex, Inc.
    tricia.schafer-petrecz@vertexinc.com
    484.595.6142

    Investor Relations Contact

    Ankit Hira or Ed Yuen
    Solebury Trout for Vertex, Inc.
    ir@vertexinc.com
    610.312.2890