Vertex, a provider of corporate enterprise tax solutions, announced the release of Vertex Indirect Tax O Series for Value Added Tax (VAT) management as an on-demand Software-as-a-Service (SaaS) for U.S.-based multinational corporations.

U.S.-based tax teams can now access Vertex's VAT management software in the cloud, allowing them to alleviate the burden and costs associated with maintaining global VAT, GST and other indirect tax rates, rules, and logic, without an on premise installation.

The addition of VAT management to Vertex's on-demand portfolio follows the company's initial SaaS offering of Vertex O Series supporting North American sales and use taxes and returns.

Vertex's on-demand solutions allows companies to automate and manage their indirect tax processes, while also accessing the benefits of a hosted solution, including the elimination of up-front capital expenditures and customer application support and maintenance, the ability to deploy solutions rapidly, a lower total cost of ownership and a decrease in the time it takes to realize value.

Look for more information about Vertex Indirect Tax O Series On-Demand here.