Vertex Announces Strategic Partnership With Pagero; Partnership Enables A Seamless Solution That Allows Businesses To Ensure Continuous Indirect Tax Compliance And Bring Efficiencies To Their Invoicing Lifecycle
Portfolio Pulse from Benzinga Newsdesk
Vertex, Inc. (NASDAQ:VERX) has announced a strategic partnership with Pagero, a global network leader for the exchange of invoices and other business documents. The partnership aims to provide a seamless solution for businesses to ensure continuous indirect tax compliance and improve their invoicing lifecycle. The joint offering simplifies indirect tax compliance and streamlines Continuous Transaction Controls (CTC) requirements, providing direct access to data for CTC, e-invoice clearance, real-time reporting and Peppol access for electronic B2B and B2G compliant document and data exchange.
October 23, 2023 | 2:01 pm
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Vertex's partnership with Pagero could enhance its product offering and potentially increase its customer base, which could have a positive impact on its stock.
The partnership with Pagero could enhance Vertex's product offering by providing a comprehensive solution for businesses to ensure continuous indirect tax compliance. This could potentially attract more customers and increase Vertex's revenues, which could have a positive impact on its stock price.
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