ERP Cloud Migration + Tax Technology = Non-Event

When tax managers in companies that are migrating ERP systems to the cloud assess the scope of the tax technology integration involved in this shift, they should keep in mind one thing: the integration should be a non-event.

That’s the case when the integration involves Vertex Indirect Tax O Series and Oracle Cloud Infrastructure, thanks to a well-defined and streamlined integration process that’s been honed over the course of a lengthy partnership. Our strategic collaboration has helped us tailor our automation to support the most efficient tax processes while ensuring data security and compliance. 

We understand that tax professionals need to have the right tools at their disposal to sustain compliance and that they also need to be able to configure these tools to adapt to new compliance requirements as well as changes within their industry and business (e.g., entering new markets and taxing jurisdictions). 

It also helps for tax professionals to understand at a high level several key determinants of an effective and efficient ERP migration to the cloud. In addition to adhering to project management fundamentals, the ease of the migration frequently relates to how companies address three crucial questions:

• Where will we begin (i.e., in what country or subsidiary within larger enterprises)?
• How much customization is required?
• How much data will we bring to the cloud?

Tax professionals with technology expertise can help their finance and IT colleagues provide answers to some or all of these critical questions. Input like this helps ensure the “non-event” status of the tax technology integration component of the ERP cloud migration.

Please remember that the Tax Matters provides information for educational purposes, not specific tax or legal advice. Always consult a qualified tax or legal advisor before taking any action based on this information. The views and opinions expressed in Tax Matters are those of the authors and do not necessarily reflect the official policy, position, or opinion of Vertex Inc.