Vertex Announces Strategic Partnership with Pagero
23 Octubre 2023 - 9:00AM
Vertex Announces Strategic Partnership with Pagero
Vertex, Inc. (NASDAQ:VERX) (“Vertex” or the “Company”), a global
provider of indirect tax technology solutions, has announced at its
2023 Vertex Exchange conference a partnership with Pagero, a global
network leader for the exchange of invoices and other business
documents. The partnership enables a seamless solution that allows
businesses to ensure continuous indirect tax compliance and bring
efficiencies to their invoicing lifecycle, all within a single
cloud platform.
E-invoicing has quickly become a necessity for businesses
trading in multiple jurisdictions with the rise of real-time and
near-real time digital tax reporting requirements. Following Latin
America, the rapid emergence of new and proposed e-invoicing
mandates across Europe, Asia-Pacific and the Middle East that
further push for digitization of indirect tax is driving the
expansion of real and near-real time global compliance requirements
worldwide.
Vertex e-Invoicing, partnering with Pagero, simplifies indirect
tax compliance and streamlines Continuous Transaction Controls
(CTC) requirements. The joint offering enables tax, finance and IT
departments direct access to data for CTC, unlocks e-invoice
clearance, real-time reporting and Peppol access for electronic B2B
and B2G compliant document and data exchange.
“The tax technology landscape is continuously evolving, and
today’s global enterprises are feeling an even greater sense of
urgency to remain up to date with legislative changes and reduce
compliance risk. We understand the need for an e-invoicing solution
that could both increase efficiency and reduce compliance risk,”
said Vertex CEO David DeStefano. “Partnering with Pagero, who
deliver the best-of-breed in e-invoicing, together we are
introducing the ability to access real-time data in one single
portal on a global scale.”
Vertex’s robust, comprehensive solution suite helps businesses
manage indirect tax in more than 190 countries. The Pagero Network
connects buyers, sellers and governmental agencies by providing the
technology for a seamless, compliant and completely digital flow of
orders, invoices and other business documents — offering a range of
capabilities that unlock the value of more precise and accurate
data to enhance decision-making and compliance obligations. When
coupled with Vertex's adaptable and easy to configure tax
compliance portfolio, users gain access to a wealth of combined
expertise that streamlines and simplifies the intricacies of real
time, near real time and periodic indirect tax management.
“We are excited to announce this partnership, a response to
pressing market needs and customer demands,” explained Bengt
Nilsson, Pagero CEO. “Our joint offering delivers an integrated
single solution, backed by Pagero’s regulatory expertise. This
provides customers the peace of mind of complying with the latest
e-invoicing and CTC regulations, regardless of location, industry,
size or system.”
For additional information on Vertex e-Invoicing and our
partnership with Pagero, visit the solution’s page.
About Vertex
Vertex, Inc. is a leading global provider of indirect tax
solutions. The Company’s mission is to deliver the most trusted tax
technology enabling global businesses to transact, comply and grow
with confidence. Vertex provides solutions that can be tailored to
specific industries for major lines of indirect tax, including
sales and consumer use, value added and payroll. Headquartered in
North America, and with offices in South America and Europe, Vertex
employs over 1,400 professionals and serves companies across the
globe.
For more information, visit www.vertexinc.com or follow
on Twitter and LinkedIn.
About Pagero
Pagero provides a Smart Business Network that connects buyers
and sellers for automated, compliant, and secure exchange of
orders, invoices, payment instructions and other business
documents. With an open network and a wide range of value-added
apps, Pagero helps businesses streamline their order-to-cash and
purchase-to-pay processes while unlocking the full potential of
accurate and reliable business data. All of this, regardless of
location, industry, size or systems. Find out more at
www.pagero.com.
COPYRIGHT © 2023 VERTEX, INC. ALL RIGHTS RESERVED. THE
INFORMATION CONTAINED HEREIN IS INTENDED FOR INFORMATION PURPOSES
ONLY, MAY CHANGE AT ANY TIME IN THE FUTURE, AND IS NOT LEGAL OR TAX
ADVICE. THE PRODUCT DIRECTION AND POTENTIAL ROADMAP INFORMATION IS
NOT A GUARANTEE, MAY NOT BE INCORPORATED INTO ANY CONTRACT, AND IS
NOT A COMMITMENT TO DELIVER ANY MATERIAL, CODE, OR FUNCTIONALITY.
THIS INFORMATION SHOULD NOT BE RELIED UPON IN MAKING PURCHASING,
LEGAL, OR TAX DECISIONS. THE DEVELOPMENT, RELEASE, AND TIMING OF
ANY FEATURES OR FUNCTIONALITY DESCRIBED FOR VERTEX'S PRODUCTS
REMAINS AT THE SOLE DISCRETION OF VERTEX, INC. ANY STATEMENTS IN
THIS RELEASE THAT ARE NOT HISTORICAL FACTS ARE FORWARD-LOOKING
STATEMENTS AS DEFINED IN THE U.S. PRIVATE SECURITIES LITIGATION
REFORM ACT OF 1995. ALL FORWARD-LOOKING STATEMENTS ARE SUBJECT TO
VARIOUS RISKS AND UNCERTAINTIES DESCRIBED IN VERTEX'S FILINGS WITH
THE U.S. SECURITIES AND EXCHANGE COMMISSION ("SEC") THAT COULD
CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM EXPECTATIONS. VERTEX
CAUTIONS READERS NOT TO PLACE UNDUE RELIANCE ON THESE
FORWARD-LOOKING STATEMENTS WHICH VERTEX HAS NO OBLIGATION TO
UPDATE
Any statements in this release that are not historical facts are
forward-looking statements as defined in the U.S. Private
Securities Litigation Reform Act of 1995. All forward-looking
statements are subject to various risks and uncertainties described
in Vertex’s filings with the US Securities and Exchange Commission
(“SEC) that could cause actual results to differ materially from
expectations. Vertex cautions readers not to place undue reliance
on these forward-looking statements which Vertex has no obligation
to update and which speak only as of their dates.
Company contact:
Rachel Litcofsky Vertex,
Inc. mediainquiries@vertexinc.com
Investor Relations contact:
Joe CrivelliVertex, Inc.ir@vertexinc.com
Vertex (LSE:0A3L)
Gráfica de Acción Histórica
De Abr 2024 a May 2024
Vertex (LSE:0A3L)
Gráfica de Acción Histórica
De May 2023 a May 2024