Vertex Launches Advanced Cloud-Based Solution for VAT Compliance

In early August, Vertex launched its Vertex Cloud VAT Compliance solution to support the changing tax environment across Europe and other countries that require the digitalization of value-added tax (VAT) and goods and services tax (GST).

In this highly-complex economic and regulatory environment, the next-generation solution will help businesses navigate global compliance challenges by centralizing and streamlining compliance as companies enter new territories and indirect tax filings become more complicated.

The advanced VAT compliance solution features integrated customizable rule-based data quality and validation tools, along with workflow automation that maximizes data and return accuracy and minimizes risk of liability.

As a result, Vertex's single, end-to-end global solution will minimize risk and help solve compliance challenges for global organizations.