Vertex (NASDAQ:VERX) hosted its annual Vertex Exchange conference in New Orleans, showcasing new tax technology innovations and AI capabilities. The company unveiled its generative AI-powered Copilot, a cloud platform feature designed to streamline access to insights and enhance tax process efficiency. The conference achieved record attendance, bringing together industry leaders and tax professionals.
The event featured discussions on e-invoicing regulatory challenges with ecosio CEO Christoph Ebm, presented the 2024 Partner Awards, and offered sessions focusing on compliance complexities and operational efficiency. Under the theme ‘Big Ideas in the Big Easy,’ the conference emphasized Vertex’s commitment to advancing tax technology solutions and supporting global compliance needs.
Vertex (NASDAQ:VERX) ha ospitato la sua annuale conferenza Vertex Exchange a New Orleans, presentando nuove innovazioni tecnologiche nel settore fiscale e capacità nell’IA. L’azienda ha svelato il suo Copilot alimentato da IA generativa, una funzionalità della piattaforma cloud progettata per semplificare l’accesso alle informazioni e migliorare l’efficienza dei processi fiscali. La conferenza ha registrato una partecipazione record, riunendo leader del settore e professionisti fiscali.
L’evento ha incluso discussioni sulle sfide normative relative alla fatturazione elettronica con il CEO di ecosio, Christoph Ebm, ha presentato i Premi Partner 2024 e ha offerto sessioni incentrate sulle complessità della compliance e sull’efficienza operativa. Sotto il tema ‘Big Ideas in the Big Easy’, la conferenza ha sottolineato l’impegno di Vertex nell’avanzare soluzioni tecnologiche fiscali e nel supportare le necessità di compliance globale.
Vertex (NASDAQ:VERX) llevó a cabo su conferencia anual Vertex Exchange en Nueva Orleans, mostrando nuevas innovaciones en tecnología fiscal y capacidades de IA. La compañía presentó su Copilot impulsado por IA generativa, una característica de la plataforma en la nube diseñada para agilizar el acceso a información y mejorar la eficiencia de los procesos fiscales. La conferencia alcanzó una asistencia récord, reuniendo a líderes de la industria y profesionales fiscales.
El evento incluyó discusiones sobre los desafíos regulatorios de la facturación electrónica con el CEO de ecosio, Christoph Ebm, presentó los Premios Socios 2024 y ofreció sesiones centradas en las complejidades de la compliance y la eficiencia operativa. Bajo el lema ‘Big Ideas in the Big Easy’, la conferencia enfatizó el compromiso de Vertex en avanzar en soluciones tecnológicas fiscales y en apoyar las necesidades de compliance a nivel global.
Vertex (NASDAQ:VERX)는 뉴올리언스에서 연례 Vertex Exchange 컨퍼런스를 개최하여 새로운 세무 기술 혁신과 인공지능 기능을 선보였습니다. 회사는 통찰력에 대한 접근을 간소화하고 세무 프로세스의 효율성을 증대시키기 위해 설계된 클라우드 플랫폼 기능인 생성형 AI 기반의 Copilot을 공개했습니다. 이 컨퍼런스는 업계 리더와 세무 전문가들을 하나로 모으며 기록적인 참석률을 기록했습니다.
이번 행사에서는 ecosio CEO인 Christoph Ebm과의 전자 송장 규제 문제에 대한 논의가 있었고, 2024 파트너 상이 수여되었으며, 준수 복잡성 및 운영 효율성에 중점을 둔 세션이 제공되었습니다. ‘Big Ideas in the Big Easy’라는 주제 하에 이 컨퍼런스는 세무 기술 솔루션을 발전시키고 전 세계의 준수 요구를 지원하려는 Vertex의 의지를 강조했습니다.
Vertex (NASDAQ:VERX) a organisé sa conférence annuelle Vertex Exchange à La Nouvelle-Orléans, présentant de nouvelles innovations technologiques fiscales et des capacités d’IA. L’entreprise a dévoilé son Copilot alimenté par IA générative, une fonctionnalité de plateforme cloud conçue pour simplifier l’accès aux informations et améliorer l’efficacité des processus fiscaux. La conférence a enregistré une participation record, réunissant des leaders de l’industrie et des professionnels de la fiscalité.
L’événement a présenté des discussions sur les défis réglementaires de la facturation électronique avec le PDG d’ecosio, Christoph Ebm, a remis les Prix Partenaire 2024 et a offert des sessions axées sur les complexités de la conformité et l’efficacité opérationnelle. Sous le thème ‘Big Ideas in the Big Easy’, la conférence a souligné l’engagement de Vertex à faire progresser les solutions technologiques fiscales et à soutenir les besoins de conformité à l’échelle mondiale.
Vertex (NASDAQ:VERX) veranstaltete in New Orleans seine jährliche Vertex Exchange-Konferenz und präsentierte neue Innovationen im Bereich Steuersoftware und KI-Fähigkeiten. Das Unternehmen stellte seinen generative AI-basierten Copilot vor, ein Cloud-Plattform-Feature, das darauf abzielt, den Zugang zu Erkenntnissen zu optimieren und die Effizienz von Steuerprozessen zu steigern. Die Konferenz verzeichnete eine Rekordbeteiligung und brachte Branchenführer und Steuerfachleute zusammen.
Die Veranstaltung umfasste Diskussionen über regulatorische Herausforderungen bei der elektronischen Rechnungsstellung mit ecosio-CEO Christoph Ebm, verlieh die Partnerpreise 2024 und bot Sitzungen, die sich auf Compliance-Komplexitäten und betriebliche Effizienz konzentrierten. Unter dem Motto ‘Big Ideas in the Big Easy’ betonte die Konferenz das Engagement von Vertex, technologische Lösungen im Steuerbereich voranzutreiben und die globalen Compliance-Bedürfnisse zu unterstützen.
Positive
- Launch of new AI-powered Copilot platform enhancing tax process efficiency
- Record attendance at annual conference indicating strong market presence
- Strategic partnership expansion through Partner Awards program
Insights
The launch of Vertex’s AI-powered Copilot represents a significant technological advancement in tax compliance software, but its immediate revenue impact remains uncertain. While the integration of generative AI capabilities could streamline tax processes and potentially increase operational efficiency for clients, the announcement lacks specific metrics about expected performance improvements or pricing strategy.
The platform’s focus on real-time guidance and workflow optimization aligns with industry trends toward automation and intelligent assistance in complex tax operations. The emphasis on e-invoicing capabilities through the ecosio partnership also positions Vertex strategically in the growing digital tax compliance market, particularly as global regulations become more stringent.
However, this conference announcement primarily showcases future capabilities rather than concrete financial or operational achievements. Without clear monetization details or adoption metrics, the immediate market impact may be despite the long-term strategic value.
Premier Tax and Technology Conference Connects Industry Leaders, Showcases AI Capabilities
KING OF PRUSSIA, Pa., Oct. 31, 2024 (GLOBE NEWSWIRE) — Vertex, Inc. (NASDAQ:VERX) (“Vertex” or the “Company”), a global provider of tax technology solutions, released new innovations, honored partners and fostered big ideas in the world of tax technology at its annual Vertex Exchange conference in New Orleans, Louisiana. Bringing together a record number of attendees – industry leaders, tax professionals, and technology innovators focused on the future of tax compliance while exploring the latest intelligent solutions to overcome the challenges of today’s evolving business obligations.
Demonstrating its commitment to innovation, Vertex continues to enhance its offerings with advanced AI capabilities to meet the complex demands of modern business. Notably, Vertex unveiled its generative AI-powered Copilot, a next-gen capability on the cloud platform to streamline access to insights and elevate the efficiency of the tax process. Vertex Copilot provides continuous access to comprehensive product knowledge and support, featuring an interface designed to optimize workflows by delivering real-time guidance for processes tailored to individual requirements. Adding Copilot to the Vertex global platform for end-to-end indirect tax, with its underpinning of seamless data transparency and control, will provide customers with unparalleled capabilities as their businesses grow and continue to modernize their infrastructures.
“Vertex Exchange is more than an event; it’s a crucial platform for nurturing connections that drive success in the evolving tax landscape,” said Vertex CEO David DeStefano. “Our collaboration with customers and partners enables us to address tax compliance and reporting challenges while exploring innovative technologies. Together, we are transforming how tax functions deliver value, ensuring our solutions meet the real-world demands our customers face.”
Attendees had the opportunity to hear from ecosio CEO Christoph Ebm during a discussion with DeStefano. The two explored the e-invoicing regulatory challenges companies face today and highlighted the differentiating value the Vertex solution brings to customers.
The event featured the 2024 Partner Awards, recognizing exemplary contributions and collaborative achievements within the Vertex community that drive innovation in tax solutions. This year’s awards highlighted the critical role of partnerships in advancing the tax technology landscape, with recognition given for excellence in areas such as collaboration, innovation, and technology leadership.
Under the theme “Big Ideas in the Big Easy,” the conference agenda covered a comprehensive array of sessions and roundtables focused on key themes such as compliance complexities, operational efficiency and integrating emerging technologies into tax functions. Participants also gained insight into Vertex’s dedication to providing industry-leading customer support through certification and continued learning opportunities onsite, exemplified by its HDI certification received earlier in the year.
As the tax compliance landscape becomes increasingly complex, Vertex remains committed to driving innovation and supporting its customers and partners as they navigate the challenges of global compliance with confidence. The success of Vertex Exchange exemplifies the critical importance of collaboration and knowledge-sharing in propelling the tax technology industry forward.
To learn more about Vertex solutions, click here.
About Vertex
Vertex is a leading global provider of indirect tax software and solutions. The company’s mission is to deliver the most trusted tax technology enabling global businesses to transact, comply and grow with confidence. Vertex provides solutions that can be tailored to specific industries for major lines of indirect tax, including sales and consumer use, value added and payroll. Headquartered in North America, and with offices in South America and Europe, Vertex employs over 1,400 professionals and serves companies across the globe.
For more information, visit www.vertexinc.com or follow us on Twitter and LinkedIn.
Copyright © 2024 Vertex, Inc. All rights reserved. The information contained herein is intended for information purposes only, may change at any time in the future, and is not legal or tax advice. Any product direction and potential roadmap information is not a guarantee, may not be incorporated into any contract, and is not a commitment to deliver any material, code, or functionality. This information should not be relied upon in making purchasing, legal, or tax decisions. The development, release, and timing of any features or functionality described for Vertex’s products remains at the sole discretion of Vertex, Inc. Any statements in this release that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. All forward-looking statements are subject to various risks and uncertainties described in Vertex’s filings with the US Securities and Exchange Commission (“SEC) that could cause actual results to differ materially from expectations. Vertex cautions readers not to place undue reliance on these forward-looking statements which Vertex has no obligation to update and which speak only as of their dates.
Vertex Company Contact:
Rachel Litcofsky
Vertex, Inc.
mediainquiries@vertexinc.com
Investor Relations Contact:
Joe Crivelli
Vertex, Inc.
ir@vertexinc.com
FAQ
What new AI technology did Vertex (VERX) announce at Exchange 2024?
Vertex announced its generative AI-powered Copilot, a cloud platform capability designed to streamline access to insights and enhance tax process efficiency by providing real-time guidance and comprehensive product knowledge.
Where was Vertex Exchange 2024 conference held?
The Vertex Exchange 2024 conference was held in New Orleans, Louisiana.
What was the main theme of Vertex Exchange 2024?
The conference theme was ‘Big Ideas in the Big Easy,’ focusing on compliance complexities, operational efficiency, and integrating emerging technologies into tax functions.