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Vertex

Provider
Tax

Embedded-finance provider tracked in the Embedded Finance Index — disclosed by 8 companies across 1 category.

vertex.com ↗Also analysed as a company — its own stack →
CategoriesTax
Rank#3 of 10 in Tax
Buyers8 companies
HeadquartersKing of Prussia, Pennsylvania, USA
Founded1978
FoundersRay Westphal

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Founders & story · from Vertex’s own dossier

Vertex is a 40+ year old enterprise tax technology company that IPO'd in 2020 (Nasdaq: VERX). Its core business is indirect tax determination, VAT/GST compliance, e-invoicing, and returns filing embedded into ERPs (SAP, Oracle, Workday, NetSuite, Microsoft) and e-commerce/marketplace platforms. Vertex is a tax-compliance infrastructure company — not a fintech — and does not operate its own banking, lending, card, or payment infrastructure. Its only payment-adjacent embedded product is the Vertex e-Commerce Checkout Form, which uses Stripe and PayPal as pass-through PSPs for merchant checkout tax collection.

Latest round: IPO, July 2020 ($19.00/share, 21.15M shares)
Recent developments
  • 2025-10Launched 'Kintsugi powered by Vertex', an AI-native SMB tax automation solution co-developed with Kintsugi. source ↗
Acquisitions
Taxamo2022
Cross-border VAT/GST compliance and merchant-of-record tax platform; Taxamo brand still visible in Vertex login navigation.
Full dossier: Vertex’s own stack, layer by layer →
Who uses Vertex
8 companies disclose Vertex in their stack
SysproCM.comHighRadiusMimo HQMaximorStarbucksAltitudeDocyt
Buyer mix · 8 of 8 classified
Horizontal SaaS / Accounting · 3F&B / Global QSR · 1Fintech / SMB banking · 1Infrastructure / Payments · 1Vertical SaaS / Accounting · 1Vertical SaaS / Manufacturing & Distribution ERP · 1
US · 4Africa · 1EU · 1UK · 1
The complete buyer list and each company’s full embedded-finance stack are in the Embedded Finance Index report. Represent Vertex? Claim this profile above to unlock your own full list.
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What Vertex runs on · from its own dossier
The third-party providers Vertex itself discloses, layer by layer — the vendor as a buyer. Distinct from the companies above that disclose Vertex.
PSP
StripePayPal
BaaS
Unit
Lending
affirm
Tax
Kintsugi
Full dossier with evidence for each layer →
Alternatives to Vertex

Other Tax providers in the index, by the number of companies that disclose them. A count of public disclosures, not a ranking of the products.

Avalara18 buyers →TaxJar8 buyers →Anrok4 buyers →Stripe Tax4 buyers →Column Tax2 buyers →Fonoa2 buyers →Kintsugi2 buyers →Sovos2 buyers →
Share this rank

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Ranked #3 of 10 in Tax — Embedded Finance Index 2026
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<a href="https://www.embeddedfinanceindex.com/vendors/vertex?ref=badge">
  <img src="https://www.embeddedfinanceindex.com/api/badge/vertex.svg"
       alt="Ranked #3 of 10 in Tax — Embedded Finance Index 2026">
</a>
<img src="https://www.embeddedfinanceindex.com/api/badge/vertex/install" width="1" height="1" alt="" style="display:none">

Vertex — frequently asked

Which companies use Vertex?

8 companies disclose Vertex in their stack in the Embedded Finance Index 2026, including Syspro, CM.com, HighRadius, Mimo HQ, Maximor, Starbucks, Altitude and Docyt.

What does Vertex do?

Vertex is an embedded-finance provider in Tax. It ranks #3 of 10 Tax providers by disclosed buyers.

What are the alternatives to Vertex?

The most-disclosed Tax alternatives to Vertex are Avalara (18 buyers), TaxJar (8 buyers), Anrok (4 buyers), Stripe Tax (4 buyers), Column Tax (2 buyers) and Fonoa (2 buyers).

Who founded Vertex?

Vertex was founded by Ray Westphal and is founded in 1978, headquartered in King of Prussia, Pennsylvania, USA.

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