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Vertex Extends Relationship with Adobe as a Premier Partner in the Adobe Exchange Program

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Vertex, Inc. (NASDAQ:VERX) has strengthened its partnership with Adobe as a Premier Partner in the Adobe Exchange Program. The collaboration aims to provide integrated tax calculation functionality for Magento Commerce, part of Adobe Experience Cloud. Vertex's automated tax technology simplifies sales tax collection and compliance amid evolving regulations. This partnership enhances the customer experience for merchants using Magento by ensuring accurate and timely tax compliance, allowing them to focus on strategic business initiatives.

Positive
  • Extended partnership with Adobe enhances Vertex's market position.
  • Integrated tax technology improves customer experience for Magento Commerce users.
  • Automated tax calculation addresses complexities in tax compliance.
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Partnership and integrated tax software simplify tax compliance, creating seamless customer experience for customers

KING OF PRUSSIA, Pa., Jan. 19, 2021 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) (“Vertex” or the “Company”), a leading provider of tax technology and services, announced that it is extending its relationship with Adobe as a Premier Partner in the Adobe Exchange Program. Vertex will continue to provide seamlessly integrated tax calculation functionality for Magento Commerce, part of Adobe Experience Cloud.

Vertex delivers a tax technology automation solution to Magento Commerce merchants that need to collect sales tax, as well as file and pay returns. The constant changes in rules and rates across jurisdictions, states, and products create a need for automated software to accurately calculate tax throughout the complete purchase lifecycle. Vertex is among a select number of partner technologies bundled into core Magento Commerce code in order to simplify the onboarding and maintenance process for merchants.

“As the omnichannel environment continues to increase in complexity, the demand for integrated tax solutions has become essential,” said David DeStefano, president and CEO of Vertex. “We are honored to continue our long-term relationship with Adobe, enabling Magento Commerce customers to have confidence in their compliance for even the most complex tax scenarios, leaving them time to focus on more strategic business initiatives.”

Our partnership with Vertex enables our joint merchants to provide consumers with a seamless online shopping experience,” said Nik Shroff, senior director, global technology partners at Adobe. “This means merchants using our platform have integrated access to the latest rates and rules to ensure more accurate and timely tax compliance.”

Learn more about this enhanced partnership.

About Vertex
Vertex, Inc. is a leading global provider of indirect tax software and solutions. The company’s mission is to deliver the most trusted tax technology enabling global businesses to transact, comply and grow with confidence. Vertex provides cloud-based and on-premise solutions that can be tailored to specific industries for major lines of indirect tax, including sales and consumer use, value added and payroll. Headquartered in North America, and with offices in South America and Europe, Vertex employs over 1,200 professionals and serves companies across the globe.

For more information, visit www.vertexinc.com or follow on Twitter and LinkedIn.

Source: Vertex, Inc.

Company contact:
Tricia Schafer-Petrecz
Vertex, Inc.
tricia.schafer-petrecz@vertexinc.com
484.595.6142

Investor Relations contact:
Ankit Hira or Ed Yuen
Solebury Trout for Vertex, Inc.
ir@vertexinc.com
610.312.2890


Vertex, Inc.

NASDAQ:VERX

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