Web-based indirect tax solutions gaining mainstream adoption

Vertex Inc., the leading provider of enterprise corporate tax solutions, today announced that Airgas, Inc. selected Vertex O Series – the industry’s leading web-based indirect tax compliance solution. Airgas, through its subsidiaries, is the largest U.S. distributor of industrial, medical, and specialty gases, and hard goods, such as welding equipment and supplies. Airgas represents the 500th company to select Vertex O Series and adopt innovative web service technology for centralizing sales, consumer use, and value added tax systems.

“Reaching the 500 enterprise customer mark represents the tipping point for mainstream adoption of web-based indirect tax solutions,” said Jeff Westphal, President and CEO. “As the industry leader with more than 80 percent of the market share, Vertex continues to see consistent movement in the marketplace toward adopting a comprehensive, web-based solution for indirect tax.”
 
Companies that have chosen Vertex O Series see the value in streamlining their indirect tax processes by implementing a solution that is not only tailored to their specific needs with the accuracy they demand, but also contains the flexibility that allows multiple systems to access a central tax server for increased control and efficiency.
 
First launched in 2003, Vertex O Series re-wrote the rules of tax processing and compliance by marrying Vertex’s then 25 years of industry experience with technology innovation. Over the years, new releases have included specific functionality for the Leasing and Retail industries. In 2008, a tailored Retail specific solution was released to the market attracting new clients including DIRECTV, Big Lots, TriVita, and Dollar Tree – bringing the number of retail industry customers to well over 100 and showcasing Vertex as the market leader.
 
“We had an outstanding year in 2008 despite the difficult economic conditions and are continuing to build on that success throughout 2009,” said Jack Ferraioli, Vice President of Customer Relationship Development. “As companies strive to cut costs while increasing productivity and preserving customer service levels, we are positioned to help them through process and technology improvements.”
 
For more information about Vertex O Series, contact a Sales Representative at 800.355.3500. You can also learn more by visiting the Vertex web site at www.vertexinc.com.
 
 
ABOUT VERTEX INC.
With more than 30 years of experience, Vertex Inc. is the leading provider of corporate enterprise tax solutions and process management services worldwide.
 
Vertex solutions help companies streamline and integrate tax provision and compliance processes, and leverage information to discover new strategic tax savings across every major line of business tax, including income, sales, consumer use, value added, communications, and payroll. To serve its customers, Vertex works in partnership with the world’s leading providers of ERP software and related services.
 
Founded in 1978, Vertex is a privately held company that employs more than 600 professionals at its headquarters in the U.S. (Berwyn, PA) and its offices in Europe (London), Atlanta, Chicago, Dallas, Phoenix, San Francisco, Sarasota, and Washington, DC.
For more information about Vertex, visit www.vertexinc.com.