Vertex combines tax research with technology to improve tax accuracy and consistency on sales and purchase transactions. The automation aims to support high volume and complex transactions at speed and scale to streamline internal processes and improve audit performance. Integrations to ERP, e…
For the latest information on pricing, visit https://www.vertexinc.com/solutions
The following is a quick overview of editions offered by other software in similar categories
Vertex implemented for about 20 countries all over the globe and supporting Value added tax.
whole organization to calculate tax on sales. It allows us to ensure we are charging the correct tax rates in multiple jurisdictions for both our retail outlets
as well. Regarding to tax types we use it for US sales tax, use tax and value added tax as well. It helps us to prepare monthly, bi-monthly and quarterly
keeps the tax classification up to date negative - PLUS Tools are additional cost … Premium support was not purchased. The annual software license is very expensive, to spend additional money for support is not feasible or in the budget
we have locked in our pricing for three years, even if we have tremendous growth. They are not seeking to penalize us and charge us more if we grow in … and BigCommerce) We are now able to add more complex tax rules, such as charging sales tax on digital, food, and clothing items differently than we were … but in our case was causing more proble…
ROI is definite. In terms of compliance, the ROI is definitely worth the cost.
determination and they are up-to-date with the upgrades. The implementation cost and effort (to link to SAP) was really high though.
The cost is a prohibitive factor. We are only implementing for leases. We implemented Thomson Reuters for other transactions because it is cheaper and … O series is more expensive and out dated.
much more cost efficient time saving software easy to master the processes
less decision making responsibilities which allow them to focus on more value added tasks. Another positive ROI was a greater than 100% reduction in audit … Price Product Features Product Usability Product Reputation … No. Too expensive
otherwise addressed in Vertex logic My boss thinks that the product is very expensive! Once committed to the Vertex product, it is difficult to argue for a change
options Sovos did appear to have a good number of tax codes; however, their pricing and APIs were not as good as Vertex's. Avalara, at the time of assessment
we got preferred pricing which I'm guessing would be the case for most others in that scenario. We were able to negotiate fixed pricing by executing a multi-year … software and/or services in a single payment. With this type of bundled charge lease (particularly with numerous assets located in different states) taxation … The implementation is challenging, make no mistake bu…
No, we didn't feel premium support was needed or worth the price.
Need to reduce their resource cost per hour. Vertex consulting is too expensive … Price Product Usability Prior Experience with the Product Support … timelines price resource availability Need
Vertex Premium, things have improved (for an additional cost, of course) … It would have been cheaper to continue to do this manually, until we upgraded to
The Tax Dept was not given a choice - I believe it was implementation-cost driven
Little adjustments for product additions or feature additions like freight charges, shopping bags, garments alterations, etc.. are easy to implement. Activating/Deactivating
select between Thomson Reuters ONESOURCE or Vertex would depend on your ERP, pricing, and your preference for what your user interface looks like. A major plus
North America. Our legacy system managed the various tax rates through pricing conditions and it was extremely manual and prone to errors. Handheld offline … moving forward as it was extremely manual in maintaining the rates with pricing conditions. The challenge was the offline…
be more accurate for use tax on our vendor invoices. We have seen reduced fees on audits and even had auditors comment that they can tell when the implementation … On-Demand has gone down and hasn't worked at all. This has a severe personnel cost to sit around until the system…
Updates are provided monthly and occasionally more often. We know we are charging our customers the correct tax. Provides testing tools to make sure you
Returns were part of Vertex O Series instead of a separate application. If the fee amount is an issue, increase the amount for the O Series to account for being
