Vertex, Inc.

Vertex is a leading provider of enterprise compliance technology for global commerce. The company offers software, data, and services to help businesses automate and manage transaction-based compliance obligations related to buying, selling, and moving goods and services globally. These obligations primarily involve indirect taxes, such as sales tax, use tax, and value-added tax ("VAT"), which are collected from purchasers and remitted to tax authorities by the seller or service provider for each transaction. The complexity of these obligations is significant; in the United States alone, indirect tax rules vary across more than 20,000 unique taxing jurisdictions, each with distinct rates, rules, and reporting requirements. Globally, this complexity is further intensified by continuously changing regulations, increased enforcement, and the growing adoption of digital and real-time compliance mandates. Vertex addresses this complexity by embedding compliance automation directly into the systems and workflows that drive global commerce. Its platform allows customers to determine transaction-level obligations, manage compliance data, support invoicing and reporting requirements, and maintain audit-ready records across various jurisdictions. This approach aims to reduce friction, enhance transparency, and improve control, helping customers mitigate non-compliance risks while supporting business growth and operational scalability. As companies expand geographically, adopt new distribution and eCommerce models, introduce digital products and services, and modernize technology, their exposure to transaction-based compliance obligations increases. Simultaneously, governments are implementing new tax rules and digital reporting requirements to improve transparency and enforcement.