Vertex Named a Leader in the 2024 IDC MarketScape for Worldwide SaaS and Cloud-Enabled Tax Automation Software for Enterprise, SMB and VAT
Vertex (NASDAQ:VERX) has been recognized as a Leader in three IDC MarketScape reports for 2024, covering tax automation software across enterprise, SMB, and VAT segments. The recognition encompasses SaaS and cloud-enabled solutions for sales and use tax automation, as well as value-added tax management applications.
This achievement builds upon previous leadership recognitions from IDC MarketScape in 2021 and 2019. According to IDC's Senior Director Kevin Permenter, Vertex distinguishes itself through deep expertise in enterprise-level tax software, offering industry-leading content and real-time reporting capabilities.
The company's CEO David DeStefano emphasized their mission to empower businesses with leading tax technology and simplify compliance in an increasingly complex tax environment.
Vertex (NASDAQ:VERX) è stata riconosciuta come Leader in tre rapporti IDC MarketScape per il 2024, che coprono il software di automazione fiscale nei segmenti enterprise, PMI e IVA. Il riconoscimento comprende soluzioni SaaS e basate su cloud per l'automazione delle imposte sulle vendite e sull'uso, così come applicazioni per la gestione dell'imposta sul valore aggiunto.
Questo traguardo si basa sui precedenti riconoscimenti di leadership ricevuti da IDC MarketScape nel 2021 e nel 2019. Secondo il Direttore Senior di IDC, Kevin Permenter, Vertex si distingue per la sua profonda esperienza nel software fiscale a livello enterprise, offrendo contenuti di settore e capacità di reporting in tempo reale di livello superiore.
Il CEO dell'azienda, David DeStefano, ha sottolineato la loro missione di fornire alle imprese tecnologie fiscali all’avanguardia e semplificare la conformità in un ambiente fiscale sempre più complesso.
Vertex (NASDAQ:VERX) ha sido reconocida como Líder en tres informes de IDC MarketScape para 2024, que abarcan software de automatización fiscal en los segmentos de empresas, pymes e IVA. El reconocimiento incluye soluciones SaaS y habilitadas para la nube para la automatización del impuesto sobre ventas y uso, así como aplicaciones para la gestión del impuesto al valor agregado.
Este logro se basa en reconocimientos previos de liderazgo de IDC MarketScape en 2021 y 2019. Según el Director Senior de IDC, Kevin Permenter, Vertex se distingue por su profunda experiencia en software fiscal a nivel empresarial, ofreciendo contenido líder en la industria y capacidades de informes en tiempo real.
El CEO de la compañía, David DeStefano, enfatizó su misión de empoderar a las empresas con tecnología fiscal de vanguardia y simplificar el cumplimiento en un entorno fiscal cada vez más complejo.
Vertex (NASDAQ:VERX)는 2024년 IDC MarketScape 보고서에서 대기업, 중소기업 및 부가세 부문에 걸쳐 세금 자동화 소프트웨어의 리더로 인정받았습니다. 이 인정은 판매세 및 사용세 자동화를 위한 SaaS 및 클라우드 기반 솔루션과 부가가치세 관리 애플리케이션을 포함합니다.
이 성과는 2021년과 2019년 IDC MarketScape에서 받은 이전의 리더십 인정에 기반하고 있습니다. IDC의 수석 이사인 Kevin Permenter에 따르면 Vertex는 기업 수준의 세무 소프트웨어에 대한 깊은 전문성을 바탕으로 업계 최고 수준의 콘텐츠와 실시간 보고 기능을 제공합니다.
회사의 CEO인 David DeStefano는 점점 복잡해지는 세무 환경에서 기업에 선진 세무 기술을 제공하고 준수를 간소화하는 것이 그들의 사명이라고 강조했습니다.
Vertex (NASDAQ:VERX) a été reconnue comme Leader dans trois rapports IDC MarketScape pour 2024, couvrant les logiciels d'automatisation fiscale dans les segments des grandes entreprises, des PME et de la TVA. Cette reconnaissance englobe des solutions SaaS et basées sur le cloud pour l'automatisation des taxes de vente et d'utilisation, ainsi que des applications de gestion de la taxe sur la valeur ajoutée.
Cette réalisation s'appuie sur des reconnaissances de leadership antérieures de l'IDC MarketScape en 2021 et 2019. Selon Kevin Permenter, Directeur Senior de l'IDC, Vertex se distingue par son expertise approfondie en matière de logiciels fiscaux à l'échelle de l'entreprise, offrant un contenu de premier plan et des capacités de reporting en temps réel.
Le PDG de l'entreprise, David DeStefano, a souligné leur mission de donner aux entreprises les moyens d'utiliser des technologies fiscales de pointe et de simplifier la conformité dans un environnement fiscal de plus en plus complexe.
Vertex (NASDAQ:VERX) wurde in drei IDC MarketScape-Berichten für 2024 als Leader anerkannt, die Software zur Steuerautomatisierung in den Segmenten Unternehmen, KMU und Mehrwertsteuer abdecken. Die Anerkennung umfasst SaaS- und cloudbasierte Lösungen zur Automatisierung von Verkaufs- und Nutzungsteuern sowie Anwendungen zur Verwaltung der Mehrwertsteuer.
Dieser Erfolg baut auf den früheren Auszeichnungen von IDC MarketScape aus den Jahren 2021 und 2019 auf. Laut Kevin Permenter, Senior Director von IDC, hebt sich Vertex durch tiefgehende Expertise im Unternehmenssteuer-Softwarebereich hervor und bietet branchenführende Inhalte sowie Echtzeitberichterstattung.
Der CEO des Unternehmens, David DeStefano, betonte ihre Mission, Unternehmen mit führenden Steuertechnologien zu empowern und die Compliance in einem zunehmend komplexen Steuerumfeld zu vereinfachen.
- Named Leader in three distinct IDC MarketScape categories for 2024
- Consistent leadership recognition from 2019 through 2024 demonstrates sustained market position
- Validated expertise in enterprise-level tax software solutions
- None.
KING OF PRUSSIA, Pa., Dec. 16, 2024 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) (“Vertex” or the “Company”), a global provider of tax technology solutions, has been named a Leader in three IDC MarketScape reports:
- IDC MarketScape: Worldwide SaaS and Cloud-Enabled SaaS Sales and Use Tax Automation Software for Enterprise 2024 Vendor Assessment (doc #US52035324, December 2024)
- IDC MarketScape: Worldwide Value-Added Tax Management Applications 2024 Vendor Assessment (doc #US52732824, December 2024)
- IDC MarketScape: Worldwide SaaS and Cloud-Enabled SaaS Sales and Use Tax Automation Software for Small and Midmarket 2024 Vendor Assessment (doc #US52732724, December 2024)
“We are honored to be named a Leader in multiple segments of the IDC MarketScape for SaaS and Cloud-Enabled Tax Automation Software. It further validates the importance of our mission to empower businesses with leading tax technology,” said Vertex CEO David DeStefano. “This recognition highlights the continuing growth of our portfolio and capabilities as we simplify compliance and address the evolving needs of diverse businesses in an increasingly complex tax environment.”
Vertex remains steadfast in its commitment to enabling compliance, optimizing tax processes and helping businesses navigate the challenges of a dynamic global economy. With decades of experience, Vertex delivers innovative tax technology designed to support complex operations across industries, helping ensure accurate tax determination, and seamlessly integrating with evolving business models.
Previous recognitions of the Company being named to the Leaders Category include:
- IDC MarketScape: SaaS and Cloud-Enabled Sales and Use Tax Automation Software for Enterprise 2021 Vendor Assessment (doc #US47987421, October 2021)
- IDC MarketScape: Worldwide SaaS and Cloud Value-Added Tax Software 2021 Vendor Assessment (doc #US47987321, October 2021)
- IDC MarketScape: Worldwide SaaS and Cloud-Enabled Sales Tax and VAT Automation Applications 2019 Vendor Assessment (doc #US43263718, January 2019)
“For growing businesses facing global tax complexities, investing in intelligent, automated, end-to-end tax management tools is essential,” said Kevin Permenter, Senior Director, Enterprise Applications Research at IDC. “Vertex leverages deep expertise in enterprise-level tax software, offering industry-leading content, real-time reporting capabilities and a customer-focused approach to help navigate and adapt to the evolving landscape of global commerce.”
Click here to learn how Vertex’s scalable tax automation solutions simplify compliance and support global growth.
About IDC MarketScape
IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.
About Vertex
Vertex, Inc. is a leading global provider of indirect tax 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 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 1,500 professionals and serves companies across the globe.
For more information, visit www.vertexinc.com or follow us on Twitter and LinkedIn.
Copyright © 2024 Vertex, Inc. All rights reserved. The information contained herein is intended for information purposes only, may change at any time in the future, and is not legal or tax advice. The product direction and potential roadmap information is not a guarantee, may not be incorporated into any contract, and is not a commitment to deliver any material, code, or functionality. This information should not be relied upon in making purchasing, legal, or tax decisions. The development, release, and timing of any features or functionality described for Vertex's products remains at the sole discretion of Vertex, Inc. Any statements in this release that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. All forward-looking statements are subject to various risks and uncertainties described in Vertex's filings with the U.S. Securities and Exchange Commission ("SEC") that could cause actual results to differ materially from expectations. Vertex cautions readers not to place undue reliance on these forward-looking statements which Vertex has no obligation to update.
Vertex Company Contact:
Rachel Litcofsky
Manager, Public Relations
mediainquiries@vertexinc.com
Investor Relations Contact:
Joe Crivelli
Vertex, Inc.
investors@vertexinc.com
FAQ
What IDC MarketScape categories was Vertex (VERX) named Leader in for 2024?
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How does Vertex (VERX) address global tax complexities according to the 2024 IDC report?
