Vertex

OverviewSuggest Edit

Vertex is a company providing enterprise tax software, content, and services. It develops tax determination, data management, compliance, reporting, and document management solutions. The solutions are supported by a content database of tax rates and rules, which enables users to manage sales and use, value added, consumer use, communications services, lease, lodging and occupancy, and payroll tax. Additionally, the company offers integrations with technology partners that include ERP, CRM, procurement, billing, POS, and e-commerce platforms.
TypePublic
Founded1978
HQKing of Prussia, PA, US
Websitevertexinc.com
Employee Ratings3.8
Overall CultureB-

Latest Updates

Employees (est.) (Dec 2021)1,300(+9%)
Job Openings122
Share Price (May 2022)$11.8(+9%)
Cybersecurity ratingBMore
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Key People/Management at Vertex

David DeStefano

David DeStefano

President, CEO and Chairperson of the Board
Kate Shields

Kate Shields

Chief Customer Officer
Michael Davis

Michael Davis

Chief Tax Strategy Officer
Chris Jones

Chris Jones

Chief Revenue Officer
David Henkin

David Henkin

Chief Innovation Officer
John Schwab

John Schwab

Chief Financial Officer
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Vertex Office Locations

Vertex has offices in King of Prussia, Naperville, São Paulo, Frankfurt am Main and in 6 other locations
King of Prussia, PA, US (HQ)
The Renaissance Center, 2301 Renaissance Blvd
Naperville, IL, US
40 Shuman Blvd #160
São Paulo, BR
Condominio EZ Towers, Torre B, EZTEC-LB-Berrini Corporate - R. Arquiteto Olavo Redig de Campos, 105 - 24o. andar - Chácara Santo Antônio (Zona Sul)
Frankfurt am Main, DE
Friedrich-Ebert-Anlage 35-37
Chennai, IN
Level 6, Chennai City Centre, 10/11, Dr Radha Krishnan Salai, Loganathan Colony, Mylapore
Cork, IE
Unit D First Floor Building 24 (or 6800) Cork Airport Business Park
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Vertex Financials and Metrics

Vertex Revenue

Market capitalization (13-May-2022)

1.8b

Closing stock price (13-May-2022)

11.8
Vertex's current market capitalization is $1.8 b.
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Vertex Operating Metrics

Vertex's Enterprise Customers was reported to be 10 k in Feb, 2018.
Feb, 2018

Enterprise Customers

10 k

Vertex Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

Vertex Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

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Vertex Online and Social Media Presence

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Vertex Company Culture

  • Overall Culture

    B-

    70/100

  • CEO Rating

    A

    77/100

  • Compensation

    C

    64/100

  • Diversity

    C+

    70/100

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Vertex News and Updates

Vertex Announces First Quarter 2022 Financial Results

KING OF PRUSSIA, Pa., May 10, 2022 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ: VERX) (“Vertex” or the “Company”), a global provider of tax technology solutions, today announced financial results for its first quarter ended March 31, 2022.

Vertex Announces First Quarter 2022 Earnings Release and Conference Call Date; Presenting at Upcoming Investor Conferences

KING OF PRUSSIA, Pa., April 19, 2022 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) and its subsidiaries (“Vertex” or the “Company”), a leading global technology provider of indirect tax solutions, today announced the date for the release of its first quarter 2022 earnings and presentations at upc…

Vertex Highlights Global Indirect Tax Trends for 2022

KING OF PRUSSIA, Pa., April 04, 2022 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) ("Vertex" or the "Company"), a global provider of tax technology solutions, outlines tax trends for 2022. Corporate tax departments should expect continued transaction tax complexity and these taxes will continue t…

Vertex Announces Fourth Quarter and Full Year 2021 Financial Results

KING OF PRUSSIA, Pa., March 09, 2022 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ: VERX) (“Vertex” or the “Company”), a global provider of tax technology solutions, today announced financial results for its fourth quarter and full year ended December 31, 2021.

Vertex Announces Fourth Quarter and Full-Year 2021 Earnings Release and Conference Call Date

KING OF PRUSSIA, Pa., Feb. 16, 2022 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) and its subsidiaries ("Vertex" or the "Company"), a leading global technology provider of indirect tax solutions, today announced it will release fourth quarter and full-year 2021 earnings before the market opens on…

Vertex Indirect Tax Chain Flow Accelerator Is Certified by SAP® for Integration with SAP S/4HANA®

KING OF PRUSSIA, Pa., Feb. 16, 2022 (GLOBE NEWSWIRE) -- Vertex, Inc. (NASDAQ:VERX) ("Vertex" or the "Company"), a global provider of tax technology solutions, announced today that its Vertex® Indirect Tax Chain Flow Accelerator is certified by SAP for integration with SAP S/4HANA®. The integration…
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Vertex Blogs

LCR-Dixon PLUS Tools NEW

LCR-Dixon PLUS Tools NEW ljones Fri, 05/28/2021 - 01:36 Overview of PLUS Tools …

Leading Global VAT Software

Leading Global VAT Software ljones Thu, 05/27/2021 - 11:37 Automate VAT determination in your financial systems. Improve compliance for your cross-border business as governments pass new value added (VAT) laws and your obligations grow.   …

Vertex Cloud VAT Compliance DATA SHEET

Vertex Cloud VAT Compliance DATA SHEET ljones Wed, 05/26/2021 - 16:31 Data Sheet Cloud Compliance Data Management Global Tax Returns & Filing VAT Learn about a SaaS solution to automate and streamline VAT/GST compliance. …

Kerry’s Taxamo bought by US company Vertex for $200M

Kerry’s Taxamo bought by US company Vertex for $200M ljones Wed, 05/26/2021 - 16:29 Vertex, a Philadelphia-headquartered tax technology company acquired Irish company Taxamo in an all-cash transaction valued at $200m.  The transaction closed May 12 ahead of…

Kerry based Taxamo bought for $200m

Kerry based Taxamo bought for $200m ljones Wed, 05/26/2021 - 16:22 A Kerry provider of cloud-based tax and payment automation software has been bought by a US firm for $200m. The all-cash deal will see Killorglin headquartered Taxamo taken over by Philadelp…

Fexco dynasty enjoys further success as Taxamo sold in $200m deal

Fexco dynasty enjoys further success as Taxamo sold in $200m deal ljones Wed, 05/26/2021 - 16:16 Co Kerry fintech Taxamo, which is led by a son of the Fexco founder Brian McCarthy, has been acquired in a $200 million (€165.5 million) deal with Vertex. Taxam…
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Vertex Frequently Asked Questions

  • When was Vertex founded?

    Vertex was founded in 1978.

  • Who are Vertex key executives?

    Vertex's key executives are David DeStefano, Kate Shields and Michael Davis.

  • How many employees does Vertex have?

    Vertex has 1,300 employees.

  • Who are Vertex competitors?

    Competitors of Vertex include The Vertex Companies, Numen and Easy Software.

  • Where is Vertex headquarters?

    Vertex headquarters is located at The Renaissance Center, 2301 Renaissance Blvd, King of Prussia.

  • Where are Vertex offices?

    Vertex has offices in King of Prussia, Naperville, São Paulo, Frankfurt am Main and in 6 other locations.

  • How many offices does Vertex have?

    Vertex has 10 offices.