Vertex, Inc. announced that it has been selected to join the Oracle Independent Software Vendor (ISV) Accelerator for SaaS Initiative. With expertise in Oracle Cloud Fusion Cloud Applications integrations, Vertex continues to leverage the power of contract and tax data to optimize customer operations and outcomes. Vertex and Oracle?s global customers process hundreds of millions of transactions per month on Oracle Cloud Infrastructure (OCI).

Along with an overall 35% performance boost, customers hosting Vertex solutions on OCI have reported an average performance increase of 20% in Accounts Receivable processing and 14% in Accounts Payable processing. Additionally, customers using the Vertex Accelerator on OCI have reported the ability to set up and configure in a matter of minutes, delivering a faster time to ?Go Live.? Since its initial release more than three years ago, the Vertex Accelerator offering has been steadily delivering a ?near push-button?

experience for more than 175 global customers looking to integrate Vertex tax solutions. Vertex tax solutions are designed to scale and handle complex tax and compliance requirements, enabling Oracle customers to streamline global tax compliance with a single integrated platform.