Vertex SMB, a leader in sales and use tax solutions for small and medium-sized businesses, has introduced a sales and use tax extension for the Magento eCommerce platform. The Vertex SMB extension works with both the Magento Enterprise Edition and the Magento Community Edition, and automatically calculates accurate sales and use taxes on shopping cart items. It offers online retailers the ability to perform tax calculations and prepare returns in a single cloud solution.
The Vertex SMB extension for Magento helps businesses stay compliant across multiple jurisdictions and states with less effort, cost, and risk. Vertex SMB automatically performs instant and accurate sales tax calculations and validates addresses to support more precise taxation. Businesses can use the solution to maintain exemption certificates and process coupon codes and discounts as well. When it’s time to file, automatically-generated signature-ready PDF returns are just a click away or Vertex SMB can file and remit on behalf of the business.
The introduction of this connector marks the beginning of a partnership between Vertex SMB and Magento. Vertex SMB has become a technology partner with Magento and is a gold sponsor of Magento’s Imagine Commerce 2015 event taking place April 20-22 at the Wynn Las Vegas. Attendees of the event can visit booth 324 to learn more about Vertex SMB and to see a demonstration of the solution.
“After a history of more than 35 years in the enterprise tax space, we introduced Vertex SMB just over a year ago to bring enterprise-level sales and use tax automation to small and midsize businesses. The response to our solution has been overwhelmingly positive because of its accessibility, accuracy, ease of use, and affordability,” said David Henkin, vice president and general manager at Vertex SMB. “Our partnership with Magento allows us to extend the power of our solution to a much broader base of users – Magento’s more than 240,000 merchants worldwide.”
About Vertex SMB
Vertex SMB is the business division of Vertex Inc. dedicated to providing sales and use tax solutions for small and medium-sized businesses. Vertex SMB runs on the most advanced calculation and returns software platform in the industry, used by thousands of the largest corporations in the world. For more information about Vertex SMB, visit www.vertexSMB.com.
Since 1978, Vertex, Inc., has been a leading provider of tax technology and services, enabling companies of all sizes to realize the full strategic potential of the tax function by automating and integrating tax processes, while leveraging advanced and predictive analytics of tax data. Vertex provides cloud-based and on-premise solutions that can be tailored to specific industries for every major line of tax, including income, sales and consumer use, value added and payroll. Headquartered in Pennsylvania, and with offices worldwide, Vertex is a privately held company that employs over 900 professionals and serves companies across the globe.