Vertex: Innovating Tax Accounting Processes with
SAP HANA® Cloud Platform
SAP Partner
Vertex Inc.
Headquarters
Berwyn, Pennsylvania
Industry
High tech – software
Products and Services
Tax automation solutions
and services
Employees
800
Web Site
www.vertexinc.com
Objectives
 Create reliable non-US tax provisions with multiple and local ledgers
 Connect and transform data from financial reporting to tax reporting – moving data throughout the tax lifecycle
for advanced modeling
 Provide global transparency and the ability to evaluate tax strategies quickly
 Deliver seamless integration with the SAP® BusinessObjects™ Planning and Consolidation application
Why SAP
 Alignment with objectives of the SAP ecosystem and partners
 SAP HANA® Cloud Platform and its easy integration with SAP software solutions and innovation road map
opportunities
 Global data centers supporting quick access and improved performance for mutual customers
Benefits
 Manageability of the global complexity of current taxes by ledger and intraperiod tax allocations
 Simplicity through a comprehensive approach to true-ups across the entire tax lifecycle
 Transparency through unprecedented detail in support of deferred components
 Consistency and control of a tax subledger within the general ledger
Expand
Global collaboration for
alignment of taxes to
management and financial
reporting
Increase
Accuracy in provision,
compliance, audit defense,
and planning
Redefine
Solutions for the tax
accounting white space
“We viewed SAP HANA Cloud Platform as a logical deployment model for our customers. SAP worked
closely with us to port our existing Vertex Tax Accounting solution to the platform, accelerating our
ability to open new opportunities with our customer base.”
Jennifer Kurtz, Chief Technology Officer, Vertex Inc.
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47857 (16/11) This content is approved by the partner and may not be altered under any circumstances.