Automate global indirect tax determination and compliance with SAP S/4HANA
Vertex enables the global automation and centralization of sales, use, and value added tax (VAT) determination on your sales and purchase transactions from a single tax engine. Connecting Vertex seamlessly to SAP S/4HANA Cloud improves complex tax determination, supports compliance, and standardizes indirect tax processes.
By Vertex, Inc.
Overview
Automate the End-to-End Tax Process for Improved Efficiency
Vertex automates, centralizes, and standardizes indirect tax content and determination across multiple systems and for multiple tax types in a single platform. The Vertex tax engine is part of an end-to-end solution for indirect tax determination, compliance, and data management.
Improve Technology Deployment Flexibility with Cloud and On-Premise Options
Vertex is the only tax engine provider offering a hybrid deployment portfolio including single-tenant cloud, multi-tenant cloud, and on-premise. This enable businesses to choose the deployment approach that meets their unique IT strategy, or even take a hybrid approach across business units.
Reduce Risk by Improving Tax Accuracy, Even in Complex Scenarios
A robust tax determination engine is underpinned by a proprietary tax content database with over 300 million data-driven effective tax rules to support sales, use, and value added tax with industry-specific solutions for North America lease tax and communications services tax.
Details
Solution type
Extensions and Add-ons
Industry
Cross-Industry, Consumer Products, Automotive, Wholesale Distribution, Aerospace and Defense
Compatibility
Works with
Features
Modern Intuitive User Interface
Optimal user experience with intuitive UI design, smooth navigation, fast application response, and consistency across all Vertex deployments and platforms. Using the UI, users can easily configure the tax engine, setup custom rules, and access data and reports.
Precise Tax Jurisdiction Assignment
Precise tax jurisdiction assignment based on proprietary GeoCodes improves tax accuracy. Optional address cleansing add-on improves upstream data accuracy.
Complex Tax Calculation with Transaction Tester
Robust tax engine calculates even the most complex scenarios. Transaction tester enables visibility to individual transaction calculation details for improved troubleshooting.
