Vertex: Tax Chaos Becomes a Growth Driver

Vertex develops software for the automation of indirect taxes and is considered one of the established providers in this field for large companies. The platform calculates, among other things, sales tax and value-added tax, supports e-invoicing, reporting, and tax declarations, and can be integrated into systems such as SAP, Oracle, or large e-commerce platforms. Vertex primarily earns money through recurring software subscriptions and cloud solutions. According to the company, more than 60% of Fortune 500 companies use Vertex products. Growth is...