Vertex® Valued Added Tax O Series®

As you look for ways to reduce compliance costs while not sacrificing business control, Vertex brings you a system that will make the complexity associated with handling intra-country and cross-border transactions a thing of the past.

With Vertex Value Added Tax O Series you can improve the accuracy of your tax calculation while reducing the complex and time consuming tasks associated with gathering and maintaining value added tax (VAT) rules and rates.

Using the latest technology combined with industry leading research, Vertex Value Added Tax O Series will provide your tax department and organisation with the tools necessary to deliver a degree of accuracy and consistency necessary to ensure you are charging your customers the correct tax amount and you are reclaiming the tax to which you are entitled.

Vertex Value Added Tax O Series enables tax process automation by providing:

• Place of Supply (POS) country and jurisdiction determination to assign the proper rules/rates
• Taxability management tools that feature access to the rules/rates database
• Calculation logic to accurately determine the tax due
• Reporting capabilities to assist in the preparation of compliance documents
• Financial system compatibility using XML for standard data exchange
• Multiple deployment options for a full range of environments, including web services
  
  

By providing businesses with a centralised system to update and maintain VAT information on a global scale, we can help you reduce total cost of ownership. But, if centralised VAT processes is not what your business is seeking, the architecture of Vertex Value Added Tax O Series lets you tailor your deployment according to your various operating environments. Regardless of which option works best for your business, this type of flexibility enables Vertex to help you reduce the costs associated with your VAT compliance processes.

A Suite of Innovation

By applying Internet technologies such as Java, HTML, XML and SOAP, VAT O Series provides greater deployment and integration flexibility, ultimately improving efficiency and reducing the cost of processing taxes for businesses large and small. Vertex also provides you with the flexibility to utilise the common suite of O Series solutions to include North American sales tax and consumer use tax if you have operations in those countries. Vertex O Series enables you to process all relevant transaction taxes using a single processing engine, the Transaction Processing System (TPS).