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GlobeNewswire·

Vertex Introduces Vertex Sōl™, a Connected, AI-Powered Tax and Compliance Experience

  • Vertex, Inc. announced the launch of Vertex Sōl™, a connected compliance experience that integrates intelligence, workflows, decisions, and evidence across the tax lifecycle.
  • The platform links tax compliance to individual transactions from determination through e-invoicing, reporting, and defense to create a single governed record.
  • Vertex Intelligence™ powers the AI capabilities within Vertex Sōl to provide trusted tax expertise, global regulatory intelligence, explanations, and recommendations.
  • A Vertex-commissioned survey of 402 decision makers in the U.S. and Germany found that 81% require full visibility into automated decisions and the ability to override them before adopting AI in compliance.
  • Vertex Sōl supports graduated levels of trust, allowing tax teams to retain insight into decision-making processes while enabling review, override, or reversal of actions.
  • The solution connects work across tax determination, certificate management, e-invoicing, indirect tax close, reporting, filing, and audit management.
  • Industry analysts from IDC noted that traceability and governance will become baseline expectations for AI in regulated finance functions.
  • Vertex serves more than 60% of the Fortune 500 with headquarters in North America and offices in South America and Europe.