Vertex® Valued Added Tax O Series®

As your organization expands into new overseas markets, the complexities of managing tax compliance on the international level will present new challenges for the tax department traditionally solely charged with the U.S. tax compliance.

The native functionality of most ERP systems solely account for value added tax rates, not taking into consideration whether VAT should in fact be applied on invoices or in what manner.

Vertex® Valued Added Tax O Series® is a Web-based international compliance VAT software tool that seamlessly shares data with ERP systems, reducing manual intervention and yielding less errors on transactions and invoices.

Benefits

  • Reduce Transaction Errors: Vertex O Series automatically and accurately recognizes the pertinent facts, determines jurisdictional domain and factors buyer or seller VAT obligation.
  • Global Rates and Rules: Supporting over 240 countries and consistently updated by Vertex accredited research professionals, tax rates and rules
  • Flexible Architecture: Our value added tax software solution has been developed using the latest service oriented architecture standards for seamless integration and growth

 

Features

  • Supports over 240 countries and territories - including multi-level tax in Brazil, China and India.
  • Internal logic handles
    • Place of supply regulations
    • Acquisitions and dispatches
    • Shipping terms
    • Import VAT
    • Export sales
  • The Centralized Architecture of Vertex O Series can be deployed in a remote call or direct call model and supports multiple ERP, CRM or Purchasing/ Procurement systems, eCommerce applications or any system that has a need for an accurate sales, use, or value added tax calculation.
  • Vertex O Series Reporting Database, the historical accumulation of all transaction result data produced by the calculation engine, supports business critical tax compliance processes.
  • Security and Audit Log offers controlled access through role based security, to assure your tax management processes are in compliance with Sarbanes-Oxley requirements.

Learn more about Vertex Value Added Tax O Series or contact us.

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