Vertex Named a Leader in the 2024 IDC MarketScape for Worldwide SaaS and Cloud-Enabled Tax Automation Software for Enterprise, SMB and VAT

Core Insights - Vertex, Inc. has been recognized as a Leader in three IDC MarketScape reports for its tax technology solutions, highlighting its strong position in the market [1] - The recognition underscores Vertex's commitment to empowering businesses with advanced tax technology to navigate complex compliance requirements [1] - Vertex's innovative solutions are designed to support diverse industries and ensure accurate tax determination while integrating with evolving business models [1] Company Overview - Vertex, Inc. is a leading global provider of indirect tax solutions, focusing on delivering trusted tax technology for businesses to transact, comply, and grow confidently [4][5] - The company offers tailored solutions for various lines of indirect tax, including sales and consumer use, value-added tax, and payroll [5] - Vertex employs over 1,500 professionals and operates in North America, South America, and Europe, serving a global clientele [5] Industry Context - The IDC MarketScape vendor assessment model evaluates the competitive fitness of technology and service suppliers, providing a framework for comparing vendors based on qualitative and quantitative criteria [3] - The recognition from IDC emphasizes the importance of intelligent, automated tax management tools for businesses facing global tax complexities [2]