Core Insights - Vertex Inc. has achieved Oracle Validated Integration for its Vertex Accelerator, enhancing Oracle's ERP offering with embedded tax solutions that streamline global indirect tax operations [1][2][3] Group 1: Product Features and Benefits - Vertex Accelerator provides a user-friendly interface, flexible mapping, and accurate tax calculations, aimed at reducing complexity and adapting to evolving regulations [1] - The solution supports real-time tax determination, compliance, and audit readiness, which are critical for businesses navigating complex tax environments [1][3] - In the first seven months of implementation, customers processed over 150 million transactions per month, totaling over one billion transactions, showcasing the scalability and performance of the integrated solution [2] Group 2: Validation and Customer Assurance - Achieving Oracle Validated Integration signifies that Vertex's solution aligns with Oracle's integration best practices, ensuring technical and functional soundness [2][3] - The validation process helps reduce integration risks, improve system implementation cycles, and facilitate smoother upgrades and maintenance for customers [3] Group 3: Company Overview - Vertex, Inc. is a leading global provider of indirect tax solutions, focusing on delivering trusted tax technology for businesses to comply and grow confidently [6] - The company offers tailored solutions for various industries, covering major lines of indirect tax, including sales and consumer use, value-added tax, and payroll [6]