Vertex Strengthens Partnership with Alfa for Indirect Tax Compliance

Vertex, Inc., a provider of tax technology solutions, announced a new integration of its Vertex Lease Tax O Series with Alfa Start. Alfa Start, built exclusively for auto leasing operations of all sizes, is the preconfigured edition of the cloud-based Alfa Systems, the market leader in asset finance software worldwide. This extends Vertex’s partnership with Alfa, a best-in-class technology provider that powers some of the world’s biggest names in automotive finance.

Managing the tax complexity on lease and rental transactions with confidence is critically important for businesses. The constant changes in rates and rules across jurisdictions, states and products creates a need for integrated software to calculate indirect taxes for all lease transactions. Vertex tax technology enables Alfa Start customers to automate tax for transactions throughout the life of the lease. Alfa clients can also simplify exemption certificate management with Vertex O Series, reducing risk and creating a single digital data repository, as well as improving audit performance.

“Strengthening our relationship with Vertex helps us create a streamlined customer experience and futureproof asset finance programs,” said Simon Clark, Alfa’s director of product and delivery, Americas. “This new solution from Vertex and Alfa Start provides auto leasing companies with a unified platform tailored to their specific tax needs so they can focus on accelerating growth.”