Vertex, Inc., a leading provider of tax technology and services, announced an integration with Kibo, a leading cloud-based omnichannel commerce platform, to support customers with automated sales tax calculations.
The integration gives retailers and branded manufacturers on the Kibo platform access to the powerful Vertex sales tax calculation solution. The solution applies the latest taxability rates and rules to transactions in real time, supporting a comprehensive list of tax variables such as exemptions and discounts, as well as shipment and bill origin and destination.
“When it comes to tax, online retailers are caught up in a regulatory whirlwind. Through the seamless integration, we provide calculation accuracy assurance to Kibo merchants so they can focus on the customer and sales, instead of managing tax compliance,” said Paul Beirnes, managing director of partner development at Vertex.
With multiple deployment options, businesses can integrate and easily configure the Vertex sales tax solution in cloud, hosted and on-premise environments.
“A seamless check-out experience, including accurate tax calculations, can mean the difference between a shopper and a buyer in today’s competitive marketplace. With the Vertex partnership and integration, we are empowering our customers with a tool to navigate compliance and ensure shopper satisfaction,” said Michelle Fischer, chief customer & marketing officer at Kibo.
Kibo helps retailers, manufacturers, and brands optimize their B2C and B2B commerce and create better experiences for their consumers. With decades of industry expertise, Kibo provides a complete omnichannel commerce platform — delivered with the lowest total cost of ownership and the fastest time to market. By leveraging cloud technologies, individualized buying experiences, and true enterprise scale, Kibo helps businesses of all kinds to sell more and build consumer loyalty. For more information, visit kibocommerce.com
Vertex, Inc. is 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.
For more information follow Vertex on Twitter @vertexinc.
Tricia Schafer-Petrecz, Vertex Inc.