Why Add a Tax Engine for Sales and Procurement

Why Add a Tax Engine for Sales and Procurement

Experience reduced in-house research, reduced IT support needed, improved tax accuracy, consistent tax coding, all while supporting centralization and scalability within your business. Watch the video to learn how a Vertex tax engine automates the process to reduce audit risk.

More from Vertex, Inc.

Whitepaper
For more than a decade, procurement teams have made great strides in equipping their organizations — in a cost-effective and convenient manner — with the products and services needed to execute strategic purchasing objectives. Rapidly changing, increasingly complex tax compliance requirements threaten to diminish the value procurement transformations deliver to the organization if not addressed hand-in-hand.
Webinar
In this on-demand webcast with SAP's User Group for The Netherlands (VNSG), Vertex can look at how you can enhance your procure-to-pay process with tax automation. Many businesses utilize SAP Ariba to process the procurement of materials and services simply and efficiently, particularly business overhead costs. However, there are various tax requirements and VAT rules and regulations that are constantly changing and need to be taken into consideration. Additionally, the EU-wide trend towards the reporting of VAT to tax authorities in real-time is increasing the pressure for businesses to ensure that controls are put in place — enabling invoices to be processed and validated more accurately.
Webinar
Indirect tax in procurement is challenging and critical to your organization – which is why procurement transformation and tax automation is so important. Implementing a tax engine with our procurement process can enable optimization of the tax and procurement functions, improve IT efficiency, and lower cost and risk across the enterprise. Watch this on demand webcast to learn more about the challenges of the procurement industry from a domestic and global standpoint, the history of indirect tax in procurement, important points that procurement professionals should keep in mind, and the benefits of the powerful combination of procurement and tax.