Vertex Global Survey Finds Half of Organizations Lagging in Tax and Finance Automation
Vertex, Inc. - Class A (VERX)
Company Research
Source: GlobeNewswire
KING OF PRUSSIA, Pa. and LONDON, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Vertex Inc. (NASDAQ:VERX) (“Vertex” or the “Company”), a global provider of tax technology solutions, announced a new survey revealing automation and digital transformation are top priorities for driving business growth in tax and finance, but many organizations still have work to do. The 2024 Global Tax Transformation Report studied more than 600 global tax and finance professionals, manager level and above, and found that 80% consider tax and finance transformation key to business optimization, though only half of organizations have progressed in this direction. Challenges such as a lack of IT support (34%), budget constraints (31%) and talent shortages (28%) are cited as the main barriers to transformation. “The increasing presence of real-time and near real-time digital tax reporting mandates, rates and rules updates and the rapid pace of global business highlights the immediate need for tax and finance transfo
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News
- Why Vertex (VERX) Might be Well Poised for a Surge [Yahoo! Finance]Yahoo! Finance
- Vertex, Inc. (NASDAQ: VERX) had its price target raised by analysts at Morgan Stanley from $50.00 to $62.00. They now have an "overweight" rating on the stock.MarketBeat
- Vertex, Inc. (NASDAQ: VERX) had its price target raised by analysts at Stifel Nicolaus from $41.00 to $52.00. They now have a "buy" rating on the stock.MarketBeat
- Vertex, Inc. (NASDAQ: VERX) had its price target raised by analysts at Robert W. Baird from $43.00 to $57.00. They now have an "outperform" rating on the stock.MarketBeat
- Vertex, Inc. (NASDAQ: VERX) had its price target raised by analysts at BMO Capital Markets from $42.00 to $52.00. They now have a "market perform" rating on the stock.MarketBeat
VERX
Earnings
- 11/6/24 - Beat
VERX
Sec Filings
- 11/20/24 - Form 144
- 11/18/24 - Form 4
- 11/18/24 - Form 144
- VERX's page on the SEC website