Automate Tax in the Procure-to-Pay (P2P) Process

Vertex Inc.

The Importance of Automating Tax in the P2P Process

Are your teams applying the correct sales, use, and VAT codes? Tax touches every part of the procurement process. Integrating a tax engine with your procurement system can remove this burden, improve processes, and help reduce audit risk.

Transforming tax with the P2P process is an opportunity for tax, procurement, and IT to align. Implementing a tax engine with your procurement process can enable optimization of the tax and procurement functions, improve IT efficiency, and lower cost and risk across the enterprise.

Why add a tax engine for procurement?

Tax Challenges in Procure-to-Pay

◦ Increased Tax/IT effort required to maintain changing tax content
◦ Errors in tax coding decisions made by AP resulting in inefficiencies and audit risk
◦ Insufficient native tax functionality in ERP or procurement system
◦ Increasing audit activity revealing tax errors in procurement

The Benefits of a Tax Engine

◦ Reduced time spent on tax research and content maintenance
◦ Automation of consistent tax coding for a reliable, repeatable AP process
◦ Improved tax accuracy resulting in reduced audit risk
◦ Centralized and scalable tax operation utilizing a single tax engine that can support sales and purchasing

Spend Matters 50 to Watch



Procurement podcast series

Still haven't cracked the code on indirect tax and procurement? Let us help.

On Tax Today, a Vertex podcast series, host Kristin Schwabenbauer holds enlightening discussions with tax, IT, and procurement specialists focused on shaping tax in the procure-to-pay process. Tune in every week for words of wisdom to help you transform tax.

Procurement Partnerships

SAP Ariba Tax Integration for Procurement

The Vertex & SAP Ariba integration enables our joint customers to increase transparency, reduce tax-related risk, streamline the audit process, and gain invaluable insight into the tax implications.

Our integration with Ariba enables basic functions of the P2P process such as Purchase Requisition, Purchase Orders, and Invoice Verification to be tightly knit into the tax process in order to manage tax liability and stay compliant with global tax regulations.


Coupa Tax Integration for Procurement

Our partnership with Coupa provides our joint customers with improved control and visibility in the procurement process.

The integration between Coupa and Vertex supports the invoice reconciliation processes providing peace of mind with automated and more accurate tax determination.

Related Resources for You


COVID Magnifies the Need for Procurement Tax Alignment

Learn how Procurement is transforming how it operates in the global digital economy.


The CPO’s NEW Priorities and How Tax Automation Supports Them

Ardent Partners’ 15th annual state of procurement study found that the chief procurement officer’s top priorities in 2020 have shifted dramatically.


Key Considerations when Deploying a Tax Solution for your Procurement System



Indirect Tax in Procurement: Why Tax Automation is Critical to your Organization for Efficiency, Compliance, and Savings



Impact the Bottom Line by Automating Procurement Tax Processes



SIG Global Executive Summit Session: Automating Tax in the Procure-to-Pay Process



Getting Procurement Right with SAP Ariba

Learn how to lower your risk and get more visibility and control into your procurement processes.



Improve VAT Treatment Accuracy in Your Procurement Process

Take a look inside the procurement process and the implications on VAT.



An Overview of our Integration with SAP Ariba

Applying Tax Engine Rigor to Procurement