{"id":526477,"date":"2021-08-11T07:04:04","date_gmt":"2021-08-11T11:04:04","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/vertex-launches-advanced-cloud-based-solution-for-vat-compliance\/"},"modified":"2021-08-11T07:04:04","modified_gmt":"2021-08-11T11:04:04","slug":"vertex-launches-advanced-cloud-based-solution-for-vat-compliance","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/vertex-launches-advanced-cloud-based-solution-for-vat-compliance\/","title":{"rendered":"Vertex Launches Advanced Cloud-Based Solution for VAT Compliance"},"content":{"rendered":"<h2>\nProduct automates and simplifies compliance, offering scalability and expanded global coverage<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p align=\"left\">KING OF PRUSSIA, Pa., Aug.  11, 2021  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=cOiDmaYh06H7lSD3kOLuWkfdWgQ-YOhSHNYALn6PeGD7fqtjuBaSqGR_U61VCTiw1dqarY7Bmto-b1buyEWtf6coqBqDztOSskPjJsuoQq1x0J4VdnF0zrr_JTlHOFbtR3CkudKqypD4zOo7X9U1iMVQ1Vl4eDQsrTrFLs5gXN3gmDKGez6x-4qj5vJU0AUsN_wnVPDRPxEn_pVdeAAqDA==\" rel=\"nofollow noopener\" target=\"_blank\">Vertex, Inc.<\/a> (NASDAQ:VERX) (\u201cVertex\u201d or the \u201cCompany\u201d), a global provider of tax technology solutions, announced today the availability of the Vertex<sup>\u00ae<\/sup> Cloud VAT Compliance solution with advanced features that support the changing tax environment across Europe and other countries that require the digitalization of value-added tax (VAT) and goods and services tax (GST). The solution centralizes and streamlines compliance as companies enter new territories and indirect tax filings become more complex.<\/p>\n<p>\u201cAs VAT legislation complicates an already highly-complex economic and regulatory environment, our next-generation solution can help businesses navigate global compliance challenges,\u201d said Vertex CEO David DeStefano. \u201cWe are a trusted technology provider with a long history of customer co-innovation that accelerates time-to-value, and leveraged this proven approach to introduce a cloud solution for VAT that supports the digital transformation of tax.\u201d<\/p>\n<p>The advanced VAT compliance solution features integrated customizable rule-based data quality and validation tools, as well as workflow automation that maximizes data and return accuracy and minimizes risk of liability. Signature-ready returns and reports have been expanded for countries in Europe, Latin America, Asia, and Africa; and evolving VAT legislation including One Stop Shop (OSS), as well as real-time reporting.<\/p>\n<p>\u201cWe value the co-innovation approach that Vertex has taken. We believe our collaboration with the Vertex product team will ensure a truly customer-oriented solution that enables multinational companies to meet VAT compliance requirements, with features like workflow automation and data validation that will help us grow with confidence,\u201d said National Instruments Indirect Tax Manager Marina Jukic.<\/p>\n<p>As multinationals face ever-changing VAT compliance regulations and authorities are requiring increased transparency and real-time reporting, Vertex provides a single, end-to-end global solution that minimizes risk and helps solve compliance challenges.<\/p>\n<p>For more information on Vertex Cloud VAT Compliance, visit our <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=xyH33j6_TF1juUH2Q7OZpOgwErrcWBX4EGma9JsACh3ifMTDpt9fF_JthMg1TS-28MzYK2Av9O9dSrclkb-ygrZberpOIgBnmiNSAj7w2ZKSV56kkaJdzWXU6Yj5bhOpzGIoDtys7WRZdvZRJgztmg==\" rel=\"nofollow noopener\" target=\"_blank\">website<\/a>.<\/p>\n<p>\n        <strong>About Vertex<\/strong><br \/>\n        <br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=cOiDmaYh06H7lSD3kOLuWtlxk4ZPo6IpjfmBZF4sMRKk8itjrKkNemabnFoF0ZbHnzAvwgwY-Y9A_ilFZd2sBuFUpH9wScUjZI0EW3eVH3TR4MuuOFug5Yy6twVeBf9FcReVgs5OPmavPyn52_7-A4Uo8sa_oAHWqlWjsLMvOwrPMeYFf6zWJt57FibzI9bS\" rel=\"nofollow noopener\" target=\"_blank\">Vertex, Inc.<\/a> is a leading global provider of indirect tax software and solutions. The company\u2019s 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.<\/p>\n<p>For more information, visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=iurYElHCYwku0DTXXuG2GuBZClX-zXMeB59lLfujE902Ba4x6FWQCTdwE2tMcL58m2jeh5bYHpB84nIKiC5u8A==\" rel=\"nofollow noopener\" target=\"_blank\">www.vertexinc.com<\/a> or follow on <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=bJhBmx4o7SkCPIJcRPEzw-eDP0WLffxthUV4Wc5S89_Mt-eEgJcMg7HjtWpNZ4xiL0ET3Ocm-O9ZJFEH_x_6cg==\" rel=\"nofollow noopener\" target=\"_blank\">Twitter<\/a> and <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=5TodV7ljw0jPTe7voaFmAap_FLxy3dBkK1KpeW2fOJw-EJUfr1rDGUPASihlIW-jQqa51S_snlLzNatbdVQuLkTeRsSjG8O8IXyW1rHJk3c=\" rel=\"nofollow noopener\" target=\"_blank\">LinkedIn<\/a>.<\/p>\n<p align=\"justify\">Copyright \u00a9 2021 Vertex, Inc. All rights reserved.\u00a0The 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\u00a0information 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\u00a0development, release, and timing of any features or functionality described for Vertex\u2019s products remains at the sole discretion of Vertex, Inc. Any statements in this release that are not historical facts are forward-looking statements as\u00a0defined 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\u2019s filings with the US Securities and Exchange Commission (\u201cSEC\u201d) that could\u00a0cause 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.<\/p>\n<p align=\"left\">\n        <strong><br \/>\n          <em>Company contact:<\/em><br \/>\n        <\/strong><br \/>\n        <br \/>Tricia Schafer-Petrecz<br \/>Vertex, Inc.<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Lq1pcAL8kgJfRKIbMIAqcaVHSnan6B_rOUQSF9M0SOFM_s2AlM7zhdDoeX9Ff9VTvkwciXpz4NVbmdHwOjEKF32Y87UhpGNFArqo6J165flr_ds7ilq7kz8pMbXDCv2n3TNL_-3rECYz9UAaRlsNPw==\" rel=\"nofollow noopener\" target=\"_blank\">tricia.schafer-petrecz@vertexinc.com<\/a><br \/>484.595.6142<\/p>\n<p>\n        <strong><br \/>\n          <em>Investor Relations contact: <\/em><br \/>\n        <\/strong><br \/>\n        <br \/>Ankit Hira or Ed Yuen<br \/>Solebury Trout for Vertex, Inc.<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Fqn8fNRyOjaJIiF5mn70EYnLFalzKbLgEcsk04udNmhbQNDGIIgm51Z695Logm4D9RMe4DT5nWjkIF0yWEOYJg==\" rel=\"nofollow noopener\" target=\"_blank\">ir@vertexinc.com<\/a><br \/>610.312.2890<\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODMwNjg2MiM0MzUyMjk2IzIxNzkzMzk=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/MWIyMjIxNWYtNzUxYi00YTliLWE1YmYtYWU1MGRiNGJjMzM5LTExOTA5MDg=\/tiny\/Vertex-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Product automates and simplifies compliance, offering scalability and expanded global coverage KING OF PRUSSIA, Pa., Aug. 11, 2021 (GLOBE NEWSWIRE) &#8212; Vertex, Inc. (NASDAQ:VERX) (\u201cVertex\u201d or the \u201cCompany\u201d), a global provider of tax technology solutions, announced today the availability of the Vertex\u00ae Cloud VAT Compliance solution with advanced features that support the changing tax environment across Europe and other countries that require the digitalization of value-added tax (VAT) and goods and services tax (GST). The solution centralizes and streamlines compliance as companies enter new territories and indirect tax filings become more complex. \u201cAs VAT legislation complicates an already highly-complex economic and regulatory environment, our next-generation solution can help businesses navigate global compliance challenges,\u201d said Vertex CEO David DeStefano. \u201cWe are &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/vertex-launches-advanced-cloud-based-solution-for-vat-compliance\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Vertex Launches Advanced Cloud-Based Solution for VAT Compliance&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-526477","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Vertex Launches Advanced Cloud-Based Solution for VAT Compliance - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/vertex-launches-advanced-cloud-based-solution-for-vat-compliance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Vertex Launches Advanced Cloud-Based Solution for VAT Compliance - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Product automates and simplifies compliance, offering scalability and expanded global coverage KING OF PRUSSIA, Pa., Aug. 11, 2021 (GLOBE NEWSWIRE) &#8212; Vertex, Inc. (NASDAQ:VERX) (\u201cVertex\u201d or the \u201cCompany\u201d), a global provider of tax technology solutions, announced today the availability of the Vertex\u00ae Cloud VAT Compliance solution with advanced features that support the changing tax environment across Europe and other countries that require the digitalization of value-added tax (VAT) and goods and services tax (GST). The solution centralizes and streamlines compliance as companies enter new territories and indirect tax filings become more complex. \u201cAs VAT legislation complicates an already highly-complex economic and regulatory environment, our next-generation solution can help businesses navigate global compliance challenges,\u201d said Vertex CEO David DeStefano. \u201cWe are &hellip; Continue reading &quot;Vertex Launches Advanced Cloud-Based Solution for VAT Compliance&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/vertex-launches-advanced-cloud-based-solution-for-vat-compliance\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-11T11:04:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODMwNjg2MiM0MzUyMjk2IzIxNzkzMzk=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/vertex-launches-advanced-cloud-based-solution-for-vat-compliance\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/vertex-launches-advanced-cloud-based-solution-for-vat-compliance\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Vertex Launches Advanced Cloud-Based Solution for VAT Compliance\",\"datePublished\":\"2021-08-11T11:04:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/vertex-launches-advanced-cloud-based-solution-for-vat-compliance\\\/\"},\"wordCount\":625,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/vertex-launches-advanced-cloud-based-solution-for-vat-compliance\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODMwNjg2MiM0MzUyMjk2IzIxNzkzMzk=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/vertex-launches-advanced-cloud-based-solution-for-vat-compliance\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/vertex-launches-advanced-cloud-based-solution-for-vat-compliance\\\/\",\"name\":\"Vertex Launches Advanced Cloud-Based Solution for VAT Compliance - 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(NASDAQ:VERX) (\u201cVertex\u201d or the \u201cCompany\u201d), a global provider of tax technology solutions, announced today the availability of the Vertex\u00ae Cloud VAT Compliance solution with advanced features that support the changing tax environment across Europe and other countries that require the digitalization of value-added tax (VAT) and goods and services tax (GST). The solution centralizes and streamlines compliance as companies enter new territories and indirect tax filings become more complex. \u201cAs VAT legislation complicates an already highly-complex economic and regulatory environment, our next-generation solution can help businesses navigate global compliance challenges,\u201d said Vertex CEO David DeStefano. \u201cWe are &hellip; Continue reading \"Vertex Launches Advanced Cloud-Based Solution for VAT Compliance\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/vertex-launches-advanced-cloud-based-solution-for-vat-compliance\/","og_site_name":"Market Newsdesk","article_published_time":"2021-08-11T11:04:04+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODMwNjg2MiM0MzUyMjk2IzIxNzkzMzk=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/vertex-launches-advanced-cloud-based-solution-for-vat-compliance\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/vertex-launches-advanced-cloud-based-solution-for-vat-compliance\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Vertex Launches Advanced Cloud-Based Solution for VAT Compliance","datePublished":"2021-08-11T11:04:04+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/vertex-launches-advanced-cloud-based-solution-for-vat-compliance\/"},"wordCount":625,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/vertex-launches-advanced-cloud-based-solution-for-vat-compliance\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODMwNjg2MiM0MzUyMjk2IzIxNzkzMzk=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/vertex-launches-advanced-cloud-based-solution-for-vat-compliance\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/vertex-launches-advanced-cloud-based-solution-for-vat-compliance\/","name":"Vertex Launches Advanced Cloud-Based Solution for VAT Compliance - 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