Business UpdateJul 30, 2026, 10:11 AM
Vertex Research Reveals Shift in Indirect Tax Management
AI Summary
Vertex, Inc. released new research indicating a structural shift in global indirect tax and compliance management, moving towards a "Decision-to-Defense" era. The research identifies challenges like "Defensibility Drift" and "CompOps Drag," highlighting issues such as complex audits, manual efforts for compliance, and integration difficulties. Vertex proposes a four-pillar approach (Determine, Prove, Defend, Improve) coordinated by Govern to address these complexities and turn compliance into a source of growth.
Key Highlights
- 58% of enterprises face highly complex indirect tax audits.
- 45% cite keeping up with changing tax regulations as a top compliance challenge.
- 80% of enterprises require significant manual effort for audit readiness.
- 56% of enterprise leaders find integrating tax with existing systems their most common challenge.
- Only 12% of enterprises have achieved full end-to-end IT-Tax-Finance system integration.
- 1 in 3 US enterprises leave over $1M annually due to compliance confidence gap.
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