BERWYN, Pa.--()--Technology innovation has proven to be crucial for companies managing global income and transaction tax obligations. The corporate tax and IT professionals responsible for these innovations have not only helped to better manage compliance and risk, but are also unleashing new value that benefits the entire company.
“This year’s winners illustrate the potential of every corporate tax department to innovate and meet challenges head-on”
To honor these innovators and their companies, Vertex Inc., the leading provider of corporate enterprise tax solutions, recently named the winners of the company’s 2012 Corporate Tax Innovation Awards. This year’s honorees, including Facebook, FirstEnergy, Owens & Minor, Inc. (NYSE-OMI) and Schnitzer Steel, were recognized on October 22 in front of over 500 of their colleagues and peers at Vertex Exchange 2012 in Orlando, Fla.
“This year’s winners illustrate the potential of every corporate tax department to innovate and meet challenges head-on,” said Jeff Westphal, President and Chief Executive Officer of Vertex Inc. “From streamlining the provision process and managing tax from the cloud, to automating sales tax collection at thousands of locations, this year’s winners represent the very best in thought leadership in corporate tax technology and emerging best practices in corporate tax.”
Now in its ninth year, Vertex’s Corporate Tax Innovation Awards recognize forward‐thinking organizations that have discovered inventive ways to leverage their Vertex Solutions to overcome real‐world business issues. Winners are selected based on their innovative use of Vertex’s corporate enterprise tax solutions and services, how they are tailored to their company’s specific needs and the development of new best practices in corporate tax.
Innovation Award winners are honored each year at Vertex Exchange, the company’s annual conference for corporate tax and technology professionals. Vertex Exchange offers attendees to opportunity to meet with their peers, Vertex professionals, and the industry's leading tax and technology experts to learn, share innovative ideas, and network.
Founded in 1978, Vertex Inc. is the leading provider of corporate enterprise tax software and services worldwide.
Vertex helps corporations realize the full financial and strategic potential of corporate tax, offering a variety of solutions that streamline, integrate and automate corporate tax processes. Vertex solutions serve multinational corporations in every major line of business tax including; income, sales, consumer use, value added, communications and payroll.
The company’s offerings are showcased by Vertex® Enterprise, a data‐driven, open‐architecture approach to tax technology that integrates all direct and indirect tax processes and technologies with host financial system applications on a single platform. The result is increased efficiency, control, transparency and strategic decision making for corporate Tax and Finance departments.
Vertex is a privately held company that employs over 700 professionals across the globe, at its headquarters in the U.S. (Berwyn, Pa.) and offices in Europe (London), Brazil (São Paulo), Dallas, Fort Collins, Naperville, Phoenix and Sarasota.