Relationship further supports growing compliance requirements amid the rapid acceleration of e-commerce industry
Vertex, a global provider of tax technology solutions, announced a partnership with BigCommerce, a proven e-commerce leader, to deliver sales and use tax automation to the BigCommerce Apps Marketplace. The partnership further expands the network of Vertex integrations connecting tax to ERP, procurement, billing and e-commerce systems, enabling retailers to seamlessly calculate tax for every transaction.
Recommended AI News: Life Sciences Executives View Revenue Management as Business-Critical, According to New State of Revenue Report from Model N
BigCommerce is an open SaaS cloud e-commerce platform that combines enterprise functionality with open-architecture and a broad application ecosystem. The integration with Vertex will empower thousands of B2B and B2C retailers across 150 countries and numerous industries who use BigCommerce with a robust sales and use tax solution, simplifying calculations, reporting and compliance.
“Transaction tax is an integral part of e-commerce; however, it can be difficult to manage because of frequently changing and complex requirements,” said Chris Jones, chief revenue officer at Vertex. “With the Vertex tax solution, BigCommerce retailers gain access to powerful technology for calculations and reporting, as well as the most up-to-date tax data, enabling them to scale global operations with confidence.”
Recommended AI News: Otologic Technologies Announces Patent, Opens Funding Round
In addition to streamlining compliance, Vertex also connects tax data to other business functions, such as procurement and the supply chain, optimizing resources and enabling strategic growth.
“Our partnership with Vertex further illustrates our commitment to providing merchants access to the highest-caliber technologies available in the industry,” said Russell Klein, chief commercial officer for BigCommerce. “Vertex shares our desire to help merchants sell more products in more jurisdictions and easily scale to maximize success. We look forward to working together to mutually support our customers as tax complexity continues to become more complex across the globe.”
Recommended AI News: River Financial (river.com) raises $12 Million Series A to continue explosive growth of its Bitcoin Financial Services for traditional investors
The post Vertex Announces Partnership with BigCommerce to Deliver Streamlined Sales Tax Compliance Solution to Retailers appeared first on WebsiteHost.Review.