Vertex, which provides tax technology solutions, has introduced the Vertex Indirect Tax Accelerator for Oracle Fusion Cloud Enterprise Resource Planning (ERP). The solution is hosted on Oracle Cloud Infrastructure to support tax management worldwide.
The Vertex Accelerator is built to streamline previously manual tasks and provide detailed adjustments to tax configurations and data to help businesses as they make acquisitions, introduce new products, and expand into new regions. The tool also provides granular transaction data for tax determinations for businesses calculating U.S. sales and use tax and value-added tax (VAT).
This article was originally published by Accountingtoday.com. Read the original article here.