Vertex is the only tax technology vendor to earn accreditation
New York, NY
Vertex Inc. announced today that Vertex Indirect Tax O Series has received renewed accreditation from the Institute of Chartered Accountants in England and Wales (ICAEW), a professional membership organization providing insight and leadership to the global accountancy and finance professions. Vertex first received the recognition in 2012. Vertex O Series is the only enterprise tax software solution for value added tax (VAT) to receive accreditation, which includes a comprehensive testing and evaluation process.
Vertex O Series provides corporate tax departments with tools to better manage indirect tax complexities and growing compliance obligations. The leading indirect tax software, Vertex O Series integrates with corporate ERP and finance systems to help organizations alleviate the burden and costs associated with maintaining VAT and other global indirect tax rates, rules, and logic. Vertex O Series functionality gives the tax department oversight and control over decisions for indirect tax determinations, enabling corporate tax leaders to make more informed decisions. In addition, with the automated creation of signature-ready VAT returns, Vertex®Indirect Tax Returns will decrease the time and resources required for streamlined compliance, effective management of audits, and reduced assessments.
“The renewal of this prestigious accreditation of our software by the ICAEW is testament to both the efficiency of our solutions and the high level of support and commitment we provide to our clients,” said Wendy Gerhart, market strategy leader at Vertex Inc. “The fact that Vertex is the only company to receive this accreditation demonstrates that the Vertex O Series and Vertex Returns solutions meet the professional and technical standards that are required by multinational corporations across the globe.”
ICAEW accreditation is designed to give their membership, which includes nearly 144,000 chartered accountants and finance professionals in the UK and over 160 countries, access to reliable and independently evaluated software products. All products that receive accreditation have satisfied the ICAEW’s robust technical evaluation criteria and are from companies that are financially sound and offer strong customer support. ICAEW’s accredited software spans e‐commerce products to property management and letting software, and a host of others, all designed for the accountancy industry.
“On behalf of the ICAEW and its membership, I’d like to congratulate Vertex on achieving the renewed accreditation," said Craig McLellan, ICAEW accreditation scheme manager. "We are pleased that Vertex O Series continues to be accredited through our extensive evaluation process."
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.