Paychex, a recognized leader in payroll, human resources, and benefits outsourcing industries, has partnered with Vertex Inc. to help simplify sales and use tax calculations, increase accuracy, improve compliance, and keep pace with changing tax requirements and rates.
Businesses face ever-changing tax legislation. In many jurisdictions, more and more items and services are becoming taxable and various states have made their tax structures increasingly complex. Vertex can help your business to stay current with ongoing changing changes and ensure compliance, especially if you do business in multiple locations.
The benefits of automating your sales and use tax processes include:
- Accurate sales and use tax determination
- Preparation and filing of your sales and use tax returns
- A comprehensive audit trail
- Seamless integration with your accounting, ERP, and e-commerce platform
Vertex Cloud offers different service levels ranging from simple tax rate files, calculations and returns, and filing and remitting returns on your behalf. Returns only is also an option that allows you to manage sales and use tax returns with data from any financial system to save time, reduce risk and improve compliance. Exemption certificate management allows you to set effective and expiration dates, store the certificates, and manage customer exemptions.
Learn more about Vertex Cloud Indirect Tax.