Robust lease tax determination engine with embedded tax content to improve tax accuracy and efficiency.
Vertex O Series for Leasing automates and centralizes tax determination for the leasing and rental business process. From lease origination to invoicing and disposition, this robust solution delivers global tax compliance with precision. Designed for equipment and vehicle lessors, Vertex O Series supports compliance with jurisdiction-specific tax rules, simplifies audits, and integrates seamlessly with your financial systems.
With updated content for 150,000+ lease-specific rules, Vertex's lease tax software combines up to date tax content with tax determination functionality for lessors around the world. The solution supports tax calculation logic for short- and long-term leases or rentals and also supports the taxes, fees, and surcharges for lease or rental transactions.
Integrate a Vertex tax engine with your systems for lease origination software and billing systems even if they're different. You'll improve tax accuracy and streamline operations.
Vertex provides the parameters that vehicle and equipment lessors need when basing the taxability of property on the weight and horsepower of the equipment and the term of the lease. Streamline these parameters with pre-populated rules for your lease transactions.
Vertex contains logic that identifies the existence of multiple impositions and eliminates the need for manual preparation of invoices with surcharges and fee impositions.
Streamline your day-to-day administration for tax, adding value to your company. The web-based user interface allows you to easily set up Vertex with your unique taxability rules, so they can be applied and processed seamlessly on transactions. Through the interface, you can complete other tasks like rate research, running reports for audit purposes, and applying monthly content updates.
Reduce manual tax processes with automated solutions.
Minimize errors with precise jurisdiction and asset-based tax rules.
Access robust reporting tools for audits and strategic planning.
Maintain detailed audit trails and exemption information for peace of mind.
Streamline indirect tax management with deep, proven tax content and software built to scale.
