Reliable, automated indirect tax determination on sales & purchase transactions
Vertex enables the 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 the SAP ERP improves complex tax determination and standardizes indirect tax processes.
By Vertex, Inc.
Overview
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.
Improve Audit Performance and Reduce Penalties
Continually updated tax content ensures the latest tax rules and rates are applied to your specific sales and purchase transactions. Improved tax accuracy reduces audit exposure, and comprehensive reporting tools streamline the audit process.
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.
Details
Solution type
Extensions and Add-ons
Industry
Cross-Industry, Retail, Consumer Products, Wholesale Distribution, Telecommunications
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.
Plans and pricing
Edition Details
Please contact us for more details about the plans and pricing available for this solution
Please contact us for more details about the plans and pricing available for this solution
Customer reviews
Technical Information
| Solution type | Extensions and Add-ons |
| Category | Accounting and Financial Close |
| Industry | Cross-Industry, Retail, Consumer Products, Wholesale Distribution, Telecommunications |
| Works with |
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The following information is provided by the publisher and applies to the latest app version available on the SAP Store. SAP does not control these policies and procedures; the publisher is solely responsible for the accuracy of the provided information.
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| Operations |
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The following information is provided by the publisher and applies to the latest app version available on the SAP Store. SAP does not control these policies and procedures; the publisher is solely responsible for the accuracy of the provided information.
| Security |
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| Compliance |
Functional correctness This product has been tested for functional correctness using real-life business scenarios of customers. |
| Privacy policy |
SAP's privacy policy is not applicable to the use of this app. Please refer to the privacy policy provided by this app's partner. |
Resources
Streamline indirect tax management with proven tax content and software
Vertex Indirect Tax O Series Data Sheet
Vertex Indirect Tax O Series On-Demand Data Sheet
Vertex Cloud Indirect Tax Data Sheet
