Vertex Exchange Electrifies: The Network Effect and Beyond

Vertex Exchange Hero 2020

It’s great to be back. In fact, it’s beyond great.

After two years of virtual gatherings, Vertex Exchange – held this week in Las Vegas – has given customers, partners, and employees a valuable opportunity to reconnect in person. The buzz and energy coursing through the presentation areas, conference rooms and hallways was off the charts, and drove home the fact that our connections matter now more than ever.  

Our annual event’s core purpose is to bring together the brightest minds in tax technology in one spot so that we can learn, share insights, compare experiences and network. These interactions make all of us better equipped to solve problems, devise innovative solutions, and enhance organizational value. In that way, Vertex Exchange offers a practical, hands-on way to experience the network effect – the notion that the value of a product or platform hinges on the number of individuals who use it (the more users, the higher the value). 

The same holds for Exchange, whose value – in the form of problem-solving, brainstorming, forecasting, and, yes, taking some time to enjoy some after-hours fun –far exceeded our expectations this year. Credit goes to our customers, partners, and the Vertex team. 

We’re proud to provide solutions that increase speed and accuracy for compliance to more than 4,000 companies, across every industry, whose businesses represent the heart of global commerce.  Our customers demonstrated ingenuity as they transform their businesses on e-commerce platforms, selling through marketplaces, and digitization. 

Our partners also displayed their innovative chops. We know that our deepening connections with a growing number of partner ecosystems generate more innovations and value for our shared customers. Our Partner Summit at this year’s Exchange reflects our steadfast commitment and expanding investment in our Professional Services Organization which is dedicated to enabling and supporting our ecosystem partners. 

These powerful connections will be even more important for all of us to leverage during what promises to be a daunting year ahead, laden with new opportunities as well as a few challenges. Rest assured that the combined mindshare on display at this year’s Exchange will be available to help you stay ahead of the curve. 

Explore more Resources from our Industry Influencers:

David DeStefano: President, CEO and Chairperson of the Board at Vertex Inc. Vertex delivers the world’s most valued tax solutions for companies to connect, transact, and comply while growing their business.

David DeStefano

President, CEO and Chairperson of the Board

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David DeStefano became our President and Chief Executive Officer in November 2016, joined our Board in 2016 and was appointed Chairperson of our Board in 2020. Between 2015 and 2016 he was an Executive Vice President and a member of the Company’s Executive Council, which monitored our long-term strategic and financial viability, corporate brand, and culture. Mr. DeStefano previously served as our Vice President, Chief Financial Officer and Executive Vice President. Prior to joining the Company, Mr. DeStefano was Principal, and Vice President at The Mid Atlantic Companies Ltd. Mr. DeStefano is also on the Advisory Board for Corporate Social Responsibility at the Satell Institute and is on the Board of Trustees of the Joseph Fund in Camden, New Jersey. Mr. DeStefano received a BS in Finance from Lehigh University.

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