An API-based solution for tax-compliant invoicing of digital services.
Managing complex invoicing regulations for cross-border transactions is challenging. B2C and B2B sellers must follow the unique invoicing requirements of each buyer’s local tax authority to stay compliant.
Vertex Invoice IQ is an API-based tax solution that maintains the latest invoicing requirements of 60+ countries for the sale of digital goods and services. It integrates with a seller’s workflow and platforms to automatically generate tax-compliant invoices based on buyer location, regardless of country, jurisdiction, language or tax regime.
The flexible API design enables the user to define how the solution operates and where it’s integrated in your sales workflow (i.e. e-commerce, marketplace, ERP and CRM platforms) to meet your needs.
Vertex Invoice IQ supports the complex invoicing requirements of 60+ countries. Sellers can expand their business to additional regions without additional effort to manage invoice requirements. In addition to presenting the required invoice data requirements of the buyer’s local jurisdiction, the solution fully supports complex localisation of currency and language, as well as signatory and audit requirements to ensure compliance with international invoicing regulations.
When the reverse charge mechanism is applied in a sale, the invoice includes a specific piece of text to identify this tax treatment to comply with local tax authority stipulations and support audit.
Choose from multiple invoice delivery options for more flexibility in your workflow.
The solution automatically applies sequential and unique invoice numbering per country so that the seller does not need to manage multiple numbering schemes. Unlimited invoice storage up to the stipulated regulatory timeframes simplifies and supports audit management.
Product Details: Vertex Invoice IQ
Multi-Country Digital Invoicing
Vertex Invoice IQ – Overview and Demo
Automated global tax calculations fit seamlessly into your online sales journey and provide a solid foundation for managing compliance requirements.
Accelerate your marketplace growth while staying in compliance with Europe's VAT requirements.
Streamline and automate VAT/GST filing reports and returns to improve compliance and audit performance.
Efficiently manage the end-to-end VAT process, from indirect tax determination to reporting.
