Vertex Inc. Announces Completion of SOC 2 Type 2 Examination
January 16, 2018 at 07:23 pm IST
Share
Vertex Inc. announced its Vertex Cloud Indirect Tax solution has successfully completed the Service Organization Control (SOC) 2 Type 2 examination. The audit process affirms Vertex Cloud's information security practices, policies, procedures and operations meet the SOC 2 standards for security. Vertex Cloud’s SOC 2 report validates the security of hosted solutions and helps satisfy customer requirements. This includes obtaining assurance over third-parties who host their data and the effectiveness of the solution’s compliance or operations based on Trust Services Principlesand criteria. In addition, it provides a thorough review of how Vertex Cloud’s internal controls affect the security of the systems used to process user data, a crucial element for customers in highly regulated industries.
Vertex, Inc. is a global provider of indirect tax software and solutions. The Company operates as a solution provider of state, local and value-added tax calculation, compliance and analytics, offering software products which are sold through software license and software as a service (cloud) subscription. It also provides implementation and training services in connection with its software license and cloud subscriptions, transaction tax returns outsourcing and other tax-related services. The Company offers a range of solutions, including tax determination, compliance and reporting, tax data management, document management, analytics and insights, industry-specific solutions, pre-built integrations, implementation services, and managed services. Its artificial intelligence (AI) capabilities leverage proprietary and private large language models (LLM) to deliver generative pre-trained transformer (GPT) capabilities to maintain a framework that increases the accuracy for tax compliance.
VERTEX, INC. 
