Editorial Manager/US Team Lead
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Closing the Deal

Vertex SMB Joins CPA.com Partner Alliance

by
Oct 28th 2015
Editorial Manager/US Team Lead
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Vertex SMB, which offers cloud-based sales and use tax compliance to small and midsized businesses, is to become a part of CPA.com's Partner Solutions and allow the organization to launch a cloud-based tax compliance platform.

CPA.com is a business subsidiary of the American Institute of CPAs. They have similar strategic alliances with other service providers to accounting profession and SMB market, including Biz2Credit(the most recent partnership); Paychex; Confirmation.com; XCM; Intacct; and Bill.com.

Vertex SMB's tax calculation and returns platform is designed to help CPA firms and their clients manage their tax compliance obligations. The company claims Vertex SMB runs on the same software platform that larger enterprises use, although designed for use by smaller companies. Their pricing model is pay-as-you-go with no long-term contracts so businesses only pay for what they actually use each month.

“We know CPAs and their clients are facing increasing complexity related to calculating and remitting state sales taxes,” said Erik Asgeirsson, president and CEO of CPA.com. “To help firms successfully manage this complexity for their clients, we are launching a cloud-based tax compliance platform with Vertex SMB.”

Vertex SMB is a business division of Vertex Inc., which claims to provide tax technology solutions to nearly half of the Fortune 1000.

What are your thoughts on this new alliance as well as what is currently available on the market for sales and use tax compliance automation?

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