Vertex, Inc., a leading provider of tax technology solutions and services, announced the integration of its indirect tax solutions with SAP S/4HANA Cloud. Vertex is among the first companies to incorporate tax functionality with SAP S/4HANA Cloud, supporting accurate, automated sales and use tax calculations, as well as signature-ready returns.
SAP S/4HANA Cloud is a next-generation cloud ERP suite that allows both transactional and analytical data to reside in one system, providing users with real-time data analysis. Designed for in-memory computing, SAP S/4HANA Cloud brings scalability, ease of management and advanced security. Incorporating Vertex indirect tax solutions with SAP S/4HANA Cloud helps businesses streamline tax calculation and compliance, which can reduce risk and increase audit defense.
“Continuing the spirit of our 20-year partnership with SAP, this integration gives users of SAP S/4HANA Cloud access to Vertex indirect tax solutions, simplifying the taxation process and allowing their internal resources to focus on higher-value projects,” said Paul Beirnes, director of strategic partnerships at Vertex. “As businesses continue to compete in new ways, especially given the impact of digital transformation and increased tax complexity, this integration with SAP S/4HANA Cloud will help to drive business success by providing enterprise-ready tax functionality.”
Vertex tax solutions are available in cloud-based and on-premise hosted deployment environments.
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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.