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By Belinda Smart16 March 2021
Point of Rental Software has added tax calculation to its offering following a new partnership with Vertex, a provider tax software and technology.
The partnership means Point of Rental’s Elite dashboard now works with Vertex Cloud Indirect Tax, a SaaS (software as a service) product that automates the end-to-end indirect tax process.
Point of Rental has partnered with Vertex, a global provider of tax technology solutions. The Point of Rental Elite dashboard now integrates with Vertex Cloud Indirect Tax, a SaaS tax solution that automates the end-to-end indirect tax process. Vertex will initially support automated indirect tax calculations in North America and plans to expand support for global VAT transactions.
This integration allows tax, accounting, and finance resources at rental businesses to spend less time managing complex and constantly changing tax codes across jurisdictions. The solution applies the latest taxability rates and rules to transactions in real-time and produces signature-ready returns, providing a seamless tax determination process.