Vertex Inc., the leading provider of corporate enterprise tax solutions and services, announced today the launch of Vertex SMB, a new business division dedicated to small and medium-sized businesses.
Over the past three decades Vertex has established a dominant leadership position in the sales and use tax compliance software industry serving the majority of the Fortune 500 firms and thousands of other multi-state filers as well.
"The emergence of the cloud now makes it possible for Vertex to bring the same high-performance technology used by major corporations to small and midsized businesses at a fraction of the cost,” said Jeff Westphal, CEO of Vertex. “We are excited to bring our trusted Vertex tax solutions to a whole new segment of the marketplace through our relationships with mid-market ERPs and e-commerce providers."
Premier Solution for Small to Medium Businesses
By coupling Vertex’s industry-leading sales and use tax engine with a business-friendly, “pay-as-you-go” pricing model, Vertex SMB’s solution, TaxCentral, offers the most proven, accurate and simple sales and use tax offering on the market today.
“There was a void in the market for a fully-automated solution that handles tax calculations and returns in one,” said David Henkin, General Manager of Vertex SMB. “With our comprehensive offering, we are breaking down the barriers of complexity and expense and providing a choice that’s easy to implement and has no up-front costs.”
Another important and unique benefit that Vertex SMB offers is the ability to scale for growing businesses.
”Small to medium-sized businesses are interested in ease of use and low cost, but they also want to make sure they are in compliance, and most importantly, that their tax solutions can grow and adapt as their businesses expand,” added Henkin. “We are the only provider that can fulfill that need.”
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.