The Bottom Line on Procurement-tax Automation

White Paper Overview

The Intersection of Procurement and Tax 

Procurement activities and indirect tax processes intersect at numerous junctions. How effectively organizations manage these touchpoints is an important consideration, one with potentially $6 million or more at stake.

In today’s business environment, automation is essential in order to manage expanding requirements around purchase transactions in the global business world. Today’s procurement departments have centralized AP processing and need to comply with local country requirements, touchless invoice processing, and fully integrated procurement solutions.

In this paper Vertex and KPMG LLP (KPMG) professionals discuss navigating these changing requirements to be compliant with indirect tax and at the same time increase productivity and automation of invoice processing.

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Integrating a Tax Engine for Procurement

Vertex Chief Tax Officer uncovers the key advantages of one of the most underrated combinations: tax technology and procurement systems.

Vertex Cloud Data Integrity is a tax-specific solution for the data validation, analysis, and transformation steps that are required to properly support the indirect tax compliance process.