Vertex enriches its e-invoicing capabilities to streamline compliance and reporting
Vertex Inc., a global provider of tax technology solutions, is enhancing Vertex e-Invoicing, the company’s comprehensive solution designed to simplify electronic invoicing (e-invoicing) for businesses navigating global tax regulations.
According to Vertex, the release integrates Continuous Transaction Controls (CTC) with Periodic Transaction Controls (PTC) to streamline the exchange, clearance, e-archiving and VAT reporting and reconciliation of e-invoices, helping organizations comply with evolving mandates and jurisdictional requirements worldwide.
With e-invoicing mandates expanding worldwide, businesses must navigate a growing landscape of country-specific requirements, diverse data standards and evolving reporting obligations.
Vertex e-Invoicing solution enables businesses to automate accounts payable and accounts receivable transactions, streamline indirect tax reporting, and reconcile VAT filings—all within a scalable, resilient and globally available cloud-based network.
“As e-invoicing mandates expand globally, businesses need a unified solution to manage cross-border transactions and compliance,” said David DeStefano, CEO of Vertex. “By integrating e-invoicing and VAT reporting into our cloud-based portfolio, we expand our global enterprise platform to deliver end-to-end tax compliance, enhanced accuracy and the scalability needed to adapt to evolving regulations.”
For example, the pan-European momentum gathered by ViDA marks a significant shift in the European e-invoicing landscape. As more European countries rapidly adopt and expand digital tax reporting and e-invoicing mandates, businesses need reliable solutions to ensure compliance while maintaining operational efficiency.
For more information about this news, visit www.vertexinc.com.