Oracle announced that Vertex, Inc., a strategic partner and trusted global provider of indirect tax technology solutions, has seen a significant increase in customer adoption on Oracle Cloud Infrastructure over the last 12 months. Joint global customers leveraging Vertex Indirect Tax O Series solutions integrated with their Oracle applications have seen a 35 percent performance boost on OCI versus other environments.
As one of the first tax technology partners to provide validated integrations for Oracle solutions available on OCI, the pace of adoption among joint customers keeps growing. Already, customers have been able to process more than 150 million transactions per month or a total of more than one billion transactions leveraging Vertex tax solutions on OCI in 2021.
“We continue to collaborate with our partners at Oracle to advance technological innovation, streamline deployment, and achieve faster time-to-value,” said David DeStefano, chief executive officer, Vertex. “As a result, OCI provides a preferred option for our joint customers, providing the performance, scalability and security they need to help accelerate global commerce.”
Oracle and Vertex will jointly market and sell solutions in an alliance designed to expand Vertex’s existing global footprint and provide manageability and security at scale.