Vertex has released a suite of scalable tax solutions for the Oracle ERP Cloud suitable for companies of any size.
The cloud tax solutions were developed through a joint effort with Oracle. Vertex offers sales tax rate and geography identification, with an option for product/service taxability rules management, as well as an outsourced service for automated sales tax returns filing and remittance.
Additionally, Vertex and Oracle have developed a cloud-to-cloud tax calculation service that will allow customers with complex tax requirements to pass transactional information between ERP Cloud and the Vertex indirect tax O Series solution.
“With strong adoption of Oracle’s market leading ERP Cloud, our customers increasingly demand a comprehensive and robust tax management solution that is fully integrated with the core ERP functions,” said Rondy Ng, senior vice president, applications development for Oracle, in a statement. “Vertex’s tax content and reporting services provide a fast ROI option for mid-market companies adopting Oracle ERP Cloud, while our enterprise level customers can also now leverage the integrated advanced tax calculation services from Vertex O Series.”
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