Vertex, a global provider of tax technology solutions, announced the latest enhancement of Vertex e-Invoicing – a comprehensive solution designed to simplify electronic invoicing (e-invoicing) for businesses navigating increasingly complex global tax regulations. The release integrates Continuous Transaction Controls (CTC) with Periodic Transaction Controls (PTC) to streamline the exchange, clearance, e-archiving and VAT reporting & reconciliation of e-invoices, helping organizations comply with evolving mandates and jurisdictional requirements worldwide.
With e-invoicing mandates expanding worldwide, businesses must navigate a growing landscape of country-specific requirements, diverse data standards and evolving reporting obligations. Scalable solutions are essential to replace fragmented approaches, ensuring seamless compliance while automating the reconciliation between real-time e-invoice data with periodic VAT filings.
Vertex e-Invoicing solution enables businesses to automate accounts payable and accounts receivable transactions, streamline indirect tax reporting and reconcile VAT filings—all within a scalable, resilient and globally available cloud-based network.
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“As e-invoicing mandates expand globally, businesses need a unified solution to manage cross-border transactions and compliance,” said David DeStefano, CEO of Vertex. “By integrating e-invoicing and VAT reporting into our cloud-based portfolio, we expand our global enterprise platform to deliver end-to-end tax compliance, enhanced accuracy and the scalability needed to adapt to evolving regulations.”
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