My Vertex Experience
February 29, 2024
My Vertex Experience
Score 10 out of 10
Vetted Review
Verified User
Software Version
Vertex Cloud Indirect Tax
Overall Satisfaction with Vertex
My organization is using both Vertex O and Vertex Returns and reporting for calculating, validating, and reporting sales tax and VAT. We are using Vertex for both sales and purchase activities. Tax calculation and validation are fully automated with Vertex. Vertex is connected to our ERP system, that is Oracle. Oracle and Vertex can work together very easily.
- Sales tax calculation on US transaction
- VAT tax calculation and validation on EMEIA and APAC region
- Supports SII reporting for Spain
- Support e-filing for the UK
- Returns and reporting
- E-invoicing solution
- Real-time reporting
- Italy's annual declaration form
- There was no negative impact.
- One of the positive impacts was that we do not need a dedicated person in each country who should continuously seek and research tax changes.
- With Vertex, we could automate the tax calculation and simplify the returning processes.
Oracle eBTax module is also a good tax calculation engine, but it requires manual maintenance and there are so many country-specific requirements that Oracle is not able to handle at all. In addition, within Oracle, there are a lot of possibilities to manually change the tax on a certain transaction which raises audit concerns.
Do you think Vertex delivers good value for the price?
Yes
Are you happy with Vertex's feature set?
Yes
Did Vertex live up to sales and marketing promises?
No
Did implementation of Vertex go as expected?
No
Would you buy Vertex again?
Yes