Vertex Announces VAT Functionality for Oracle ERP Cloud

Vertex has announced the general availability of its value-added tax (VAT) and goods and services tax (GST) functionality within Oracle Enterprise Resource Planning (ERP) Cloud. Vertex is a provider of tax technology and services and a Platinum Cloud Standard member of Oracle PartnerNetwork (OPN), The enhanced integration enables accurate and automated global tax calculations, as well as signature-ready returns in multiple deployment models including cloud-to-cloud and hybrid.

“Vertex is proud to be one of the first tax technology providers to integrate with Oracle ERP Cloud,” said Paul Beirnes, managing director of partner development at Vertex. “Vertex has helped businesses with critical tax needs as a trusted Oracle partner for the last 26 years. This enhanced capability extends our joint commitment to advanced cloud solutions.”

Oracle ERP Cloud enables companies to increase productivity, lower costs and improve controls. By incorporating Vertex solutions with Oracle ERP Cloud, businesses have access to the most up-to-date rates, rules and product taxability for sales and use tax, VAT and GST, helping to drastically reduce the risk of incorrect calculation, increase audit defense, enable returns and remittance and free up internal resources for higher value projects.