Workflow
Enterprise Tax Technology
icon
Search documents
Vertex, (VERX) Touts e-Invoicing and Artificial Intelligence for Growth
Yahoo Financeยท 2025-10-03 08:47
Core Insights - Vertex Inc. is highlighted as a promising investment opportunity among beaten-down technology stocks, with a focus on e-invoicing and artificial intelligence as key growth drivers [1][2] Group 1: Company Strategy - Vertex is under pressure to reduce its revenue growth guidance by $12 million due to slowing customer growth, but it aims for 100% country coverage in e-invoicing, which could generate an additional $100 million in revenue [2] - The company is investing heavily in artificial intelligence to enhance margins and strengthen its competitive position, having launched SmartCat, an AI-powered product categorization tool [3] - Vertex has also acquired Kitsugi, an AI startup that targets market disruptions in small to medium-sized enterprises [3] Group 2: Company Overview - Vertex Inc. provides enterprise tax technology solutions across various industries, including retail, wholesale, and manufacturing, offering services such as tax determination, compliance, and reporting [4]