Vertex^® Reporting & Analysis™

Translate Your Data into Valuable Information

For today's corporate tax departments, improving the tax calculation process is just the start.

Tax professionals are increasingly expected to contribute to their company's bottom line. To meet this expectation, you need tools that can translate tax data into information useful for strategic decision-making.

Vertex solutions automate the calculation of transaction taxes on sales or purchases. The transaction databases contain the information necessary for audit or filing, but these standard reports only tell part of the story.

A web-based application, Vertex Reporting and Analysis gives you the mechanics to turn your transaction and taxability data into valuable information.

With Vertex Reporting and Analysis, you can:

• Create a custom table by dragging and dropping any data field to define rows and columns
• Sort or limit on any data field
• Set totals and subtotals on specified columns or rows
• Build a pivot table that changes rows to columns, columns to rows, and reprocesses all totals
• Develop pie or bar charts simply by selecting the desired data
• Assemble custom reports with embedded charts and graphics - with your corporate standard headers, footers and title pages
• Export tables, pivot tables, reports and charts into HTML, PDF, Excel, or JPEG format

Save the IT Requests

With Vertex Reporting and Analysis you're in charge. You'll be able to define the data elements in rows and columns, sort, filter, insert subtotals, or calculate new data columns. Vertex Reporting and Analysis can give you the answers you need when you need them without a request to IT for yet another standard report. Specifically, this will empower you to:

• Create European Sales List (ESL) reports
• Create Intrastat reports with the necessary tax data and logistics data prior to submitting the data file electronically
• Create Return Reports per Country/jurisdiction with filters for services versus goods, as well as identifying imports, exports, intra EU, and domestic transaction details and totals
• Create reports per invoice text codes like Reverse Charge, triangulation etc.
• Query for a single invoice and display its data or report on total sales, taxable sales, nontaxable sales, and exempt sales by jurisdiction for a particular time period
• Produce attractive charts presenting data such as taxable and nontaxable sales for a particular product or product class, or the percentage of exempt sales that were made to customers who have submitted a valid exemption certificate as an indicator of audit risk
• Use Vertex Reporting and Analysis as a trouble shooting tool, when you want to test that your tax calculation and reporting tools are working as expected
• Save custom reports and auto run these reports on a particular schedule

Accurate Data on Your Terms

Transaction data, as well as taxability information, is extracted from Vertex's transaction tax products to provide a database capable of reporting without affecting the performance of tax calculation. This data export can be scheduled after office hours and may be limited by your selected date range. Vertex Reporting and Analysis also:

• Provides safe exchange of tax information, letting you administer security levels to multiple users across multiple departments
• Offers automatic database synchronisation to distribute consistent content to all users without IT intervention

Improve Your VAT Exemption Certificate Management

During tax audits, many companies fail to produce many of their required VAT exemption forms.

With Vertex Exemption Certificate Manager (ECM), a web-based storage and management tool, you can automate the collection, validation, and maintenance of VAT exemption forms. More importantly, this application helps you minimise the risk of tax assessments and penalties.

With exemption certificates and related information easily accessible, audits proceed faster and the penalties from failure to produce valid certificates are dramatically reduced. As corporate accounting departments continue to face the burden of scrutinising, documenting, and supporting their internal control procedures for compliance, Vertex ECM provides the foundation for complying with these evolving responsibilities.

Vertex ECM simplifies the time-consuming and labour-intensive process of manually managing paper exemption forms. After initial setup, images of forms may be scanned and the system will calculate expiration dates and recommend updates. When a form is due for renewal, the system generates letters from a standard template or sends an e-mail requesting updated form information to the customer.

Vertex ECM provides access to all of your exemption certificate data through a web browser. This provides a centralised data repository and the ability to maintain a real-time database from any location.

To learn more about Vertex Reporting & Analysis download our brochure. (PDF 2 MB)

If you would like to speak with someone about how Vertex can help your business call today at +44 (0)20 8622 3053 or fill out a Product Enquiry Form.