There are over 19,000 global tax jurisdictions, all which have unique tax needs. This includes different tax implications for similar products, how they're sold, where they're bought, from where they are shipped and more. Navigating the nuances of tax systems becomes more overwhelming for enterprise businesses with more complex needs. Vertex has developed a tax technology solution to offer customers the comprehensive solutions they need to achieve peace-of-mind in a sector rife with complexity.
Vertex seeks to empower enterprise clients by giving them “the ability to sell more products in more countries via more channels than they ever could have done trying to manage tax complexity with an internal team,” says Kelly, Channel Marketing Manager at Vertex. “We remove the roadblock of managing tax by partnering at the intersection of commerce and compliance.”
How they empower tax departments could be a lesson to other businesses serving enterprise clients: they provide rich content and powerful calculation automation that quickly accommodates business growth and change without increasing risk.
The European Union’s “VAT in the Digital Age” (ViDA) initiative is set to reshape the VAT compliance system across member states. At the core of this initiative is the transition to mandatory B2B electronic invoicing, alongside real-time reporting requirements.
For businesses, these changes bring both challenges and opportunities, requiring organizations to adapt their systems, processes, and strategies to remain compliant while also unlocking new efficiencies in their operations.
Get practical guidance on stabilising your France e-invoicing setup, preparing for future e-reporting and e-invoicing mandates.
Since France’s e-invoicing mandate was implemented, the focus for finance and IT teams has shifted from meeting the deadline to resolving operational issues and strengthening processes.
Join Gonçalo Ladeira Dias and Patricia Rocha Jordan for a 45-minute interactive clinic in which they’ll share lessons from the first live implementations, discuss common pitfalls and answer your questions about e-invoicing and e-reporting in France.