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GlobeNewswire·

Vertex Advances AI-Powered Capabilities to Improve How Enterprises Execute Compliance

  • Vertex Inc. announced a new phase of its innovation strategy for the Vertex Cloud platform featuring AI capabilities designed to manage rising compliance complexity.
  • The initiative aims to help tax, finance, and IT teams accelerate execution while maintaining accuracy, accountability, and audit readiness through real-time data visibility.
  • Vertex applies AI to identify risks earlier, ensure consistent decision-making across the compliance lifecycle, and reduce rework by detecting anomalies before they impact transactions.
  • CEO Christopher Young stated that Vertex is becoming an AI-first company by embedding AI directly into live workflows like e-invoicing to safely execute critical tax work.
  • New AI-driven capabilities will reduce dependency on specialized skills by allowing teams to express intent in plain language while maintaining auditable outcomes.
  • The platform will identify issues earlier to strengthen audit readiness and improve consistency by sharing intelligence across determination, returns, reconciliation, and tax close processes.
  • All AI-driven intelligence aligns with responsible AI principles to ensure outcomes remain explainable, reviewable, and subject to human oversight within governed workflows.
  • IDC predicts that by 2027, companies failing to prioritize high-quality AI-ready data will face a 15% productivity loss due to struggles in scaling GenAI and agentic solutions.
  • Vertex is a leading provider of enterprise compliance technology for global commerce, headquartered in North America with offices in South America and Europe.