Vertex Inc. Strengthens Tax Solutions with Oracle Integration

Vertex Inc. Attains Oracle Validated Integration

Vertex Inc. (NASDAQ:VERX), known as a premier provider of indirect tax solutions, has recently made significant strides in enhancing its offerings. The company proudly announces its achievement of Oracle Validated Integration with Vertex Accelerator for Oracle’s ERP system. This integration is designed to cater to all facets of the tax lifecycle. Vertex empowers its users by streamlining global indirect tax operations, ranging from real-time determination to ensuring compliance and audit preparedness. The end goal is to minimize complexity and keep pace with the fluid regulatory landscape.

Key Features of Oracle Validated Integration

Achieving Oracle Validated Integration showcases how Vertex’s solutions align with Oracle's integration best practices and deliver as promised. This accomplishment not only highlights Vertex's commitment to quality but also reassures clients of the reliability of their integration. In just the first few months following implementation, customers have successfully processed an astonishing average of over 150 million transactions monthly, culminating in over one billion transactions handled on the Oracle Cloud Infrastructure (OCI). This impressive performance underscores the scalability and effectiveness of their integrated solution.

Benefits of Using Vertex Accelerator

“Vertex Accelerator for Oracle’s ERP is engineered to offer unparalleled speed and ease in tax integration,” shares Marc A. Duclos, Global Senior Director of Strategic Partnerships at Vertex. “From a straightforward setup process to efficient onboarding, our system supports complex tax scenarios while ensuring an experience that is both user-friendly and globally compliant.” This approach not only enhances the overall client experience but also empowers organizations worldwide to confidently scale their operations.

Understanding the Importance of Integration Validation

As David Hicks, group vice president of the ISV Ecosystem at Oracle North America, explains, achieving Oracle Validated Integration provides customers with reassurance regarding the technical soundness of the integration. Since this certification process includes extensive review and analysis, it significantly reduces the risk associated with integration efforts. Clients can anticipate seamless system implementations, smoother upgrade processes, and simplified maintenance practices due to Oracle's stringent validation protocols.

Bringing Value to Customers

For the end-users, Oracle Validated Integration reduces uncertainty by ensuring that the integration works as intended. Customers of Vertex’s solutions can anticipate an enhanced experience, as validated integrations are designed to support better operational efficiency while minimizing technical detours that typically accompany system changes. Moreover, the assurance of using trusted solutions emphasizes the commitment to aligning operational needs with technological advancements.

Overview of Oracle’s Partner Program

Oracle’s partner program is instrumental in driving mutual success and business acceleration. It presents partners with a flexible framework that includes various pathways and foundational benefits, facilitating seamless collaboration in training, technical support, and go-to-market strategies. This collaborative environment enhances the service capabilities available to end customers and reflects the company’s commitment to building strong alliances.

About Vertex Inc.

Vertex, Inc. stands out as a trusted global provider of indirect tax solutions, empowering businesses to navigate the complexities of tax compliance with confidence. The company’s mission revolves around delivering reliable tax technology that adapts to the needs of global businesses, enabling them to conduct transactions, maintain compliance, and pursue growth effortlessly. With an arsenal of customized solutions for major tax lines, including sales, consumer use, value-added tax, and payroll solutions, Vertex caters to various industry needs.

Incorporated in a strategic location with headquarters in North America and additional offices across South America and Europe, Vertex assists many of the world's top brands in navigating their compliance obligations effectively. This adaptable approach ensures that their clients can streamline operations and focus on driving their businesses forward.

Frequently Asked Questions

What is Oracle Validated Integration?

Oracle Validated Integration confirms that partner products integrate seamlessly with Oracle applications, ensuring optimal performance and reliability.

How does Vertex Inc. support tax compliance?

Vertex provides tailored tax solutions that cover various lines of indirect tax, helping businesses manage compliance in a complex regulation environment.

What performance metrics did Vertex achieve post-implementation?

Vertex clients processed over one billion transactions in the first seven months after implementing the integrated solution on Oracle’s Cloud Infrastructure.

What is the role of Oracle’s partner program?

Oracle’s partner program fosters collaboration between Oracle and its partners, enhancing customer success through shared resources and support initiatives.

How can I get in touch with Vertex Inc.?

For inquiries, Vertex can be contacted via media inquiries at mediainquiries@vertexinc.com.

About The Author

Hello, my name is Ryan Hughes. I am a financial, economics, and stock market specialist committed to assisting people in negotiating the intricacies of the financial system. Having a great deal of experience and a thorough grasp of market dynamics and economic trends, my area of expertise is converting complex financial ideas into understandable, practical knowledge. By use of my articles and blog entries, I hope to give you the information and assurance you need to make wise financial choices.

I've had the honor of interacting with a wide range of readers as a writer for several financial blogs, from new investors to seasoned market participants. To enable you to reach your financial goals, I want to make finance, economics, and stock market trends understandable and approachable. I appreciate you traveling with me toward success and financial literacy.

Contact Ryan Hughes privately here. Or send an email with ATTN: Ryan Hughes as the subject to contact@investorshangout.com.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.