A tax calculation engine updated with the latest rules and rates
August 17, 2021

A tax calculation engine updated with the latest rules and rates

Patrick Taiwo | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Software Version

Vertex Indirect Tax O Series

Overall Satisfaction with Vertex

Vertex utilizes a powerful calculation engine that lets us achieve an accurate determination of sales and purchase tax in every transaction and also automates the tedious processes involved in calculating, collecting, and reporting on sales, VAT, and other transaction tax types.
  • Centralized and automated indirect tax processing.
  • Importing/exporting of tax data.
  • Management of consumer use tax.
  • An innovative way to determine calculations, taxability, and reporting on VAT and other tax-related processes.
  • The main search and the backspace does not work as intended.
  • The customer support ticketing system needs some improvement for ease of use.
  • Accommodation of complex transactions at speed and scale.
  • Improved audit performance.
  • Improved tax determination accuracy for sales and purchase transactions.
  • Tax accuracy
  • Reporting
As the tax complexity increases and the business expands, Vertex is able to streamline and centralize indirect tax determination to reduce risk and improve audit performance.

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?

Yes

Would you buy Vertex again?

Yes

Offers reliable and updated tax content that is industry specific. They have put technology at the forefront, which lets us set up custom taxability and automate exceptions management for every purchase and sales transaction.

Vertex Feature Ratings

Sales and Use Taxes
8
Cross-border Taxes
8
VAT / GST Taxes
8
Geolocation for Tax Assessment
8
3rd-Party Software Integrations
8
Tax Data Reporting
8
Compliance Administration Management
8
Tax Exemption Processing
8
Tax Document Management
8
Complex Tax Scenario Management
8