Data intelligence to improve tax performance, and insight to drive business decision-making.
The tax department utilizes some of the largest, most detailed, and diverse data sets in the company. Vertex offers a cloud-based data intelligence tool that leverages tax data to unlock time, capacity, and insight to help optimize compliance and audit performance, mitigate risk, and improve tax outcomes across the business.
Dashboards combine data from the Vertex tax engine and Vertex tax research content to provide summary views as well as targeted drilldown capability to access deeper information to support compliance, audit defense, and tax planning.
Presents a state-by state summary of sales, purchases, taxes collected, and taxes paid for current and prior periods with filtering and drilldown capabilities for deeper insight.
Presents an accounting of sales transactions and dollar volumes by-state, read from the Vertex tax engine Wide Tax Journal, compared against individual state nexus thresholds.
“Nexus expansion has significantly changed taxation for small and medium enterprises. As companies continue to navigate tax changes in the wake of the Wayfair decision, automation is essential to meet current and evolving requirements. Waiting to see what happens, or ignoring the compliance issues, can have serious consequences for your business. Leaders are recognizing the need to automate and update their processes for a seamless transition to the new nexus standards and future sales and use tax changes.”
Streamline indirect tax management with deep, proven tax content and software built to scale.
Expertise and services to help you maximize the ROI of your Vertex technology and improve your tax operations.