Vertex Inc. announces Oracle Validated Integration for Vertex Accelerator, enhancing global indirect tax solutions on Oracle’s ERP platform.
Quiver AI Summary
Vertex Inc. has announced it has achieved Oracle Validated Integration for its Vertex Accelerator with Oracle's ERP, enhancing indirect tax operations. This integration allows customers to streamline their tax processes across the lifecycle, improving compliance and adaptability to regulatory changes. In the first seven months, customers processed over 150 million transactions monthly, exceeding one billion total transactions, showcasing the performance of the integration on Oracle Cloud Infrastructure. Vertex's solution offers a user-friendly setup and support for complex tax scenarios. Oracle's validation assures clients of the technical integrity and functionality of the partnership, thereby reducing risks and improving system implementation and maintenance. Vertex continues to support global businesses by simplifying compliance with its tailored tax solutions.
Potential Positives
- Achieved Oracle Validated Integration with Vertex Accelerator for Oracle’s ERP, enhancing credibility and trust in the product.
- Over one billion transactions processed in the first seven months, showcasing the scalability and performance of the integrated solution.
- Customers benefit from reduced integration risk and improved system implementation cycles, enhancing overall user experience and operational efficiency.
Potential Negatives
- The press release lacks specific details on the performance impact of the newly achieved Oracle Validated Integration beyond the initial transaction volume, which may raise questions about the long-term effectiveness and reliability of the solution.
- No customer testimonials or case studies are provided to substantiate claims regarding the benefits and effectiveness of the Vertex Accelerator integrated with Oracle ERP.
- The focus on Oracle Validated Integration may inadvertently highlight Vertex's dependency on Oracle's ecosystem, which could limit its appeal to potential customers using alternative platforms.
FAQ
What is Oracle Validated Integration with Vertex Accelerator?
Oracle Validated Integration confirms that Vertex Accelerator integrates smoothly with Oracle's ERP and meets their best practices.
How does Vertex Accelerator simplify tax operations?
Vertex Accelerator streamlines global indirect tax processes, ensuring compliance and reducing complexity from real-time determination to audit readiness.
What performance results have customers seen with Vertex on Oracle Cloud?
Customers processed over 150 million transactions monthly, surpassing one billion total transactions within the first seven months of implementation.
What benefits does Oracle Validated Integration offer to customers?
It reduces integration risks, improves implementation cycles, and facilitates smoother upgrades and maintenance for users of the integrated solutions.
Where can I find more information about Vertex services?
More information about Vertex services can be found on their official website at www.vertexinc.com.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$VERX Insider Trading Activity
$VERX insiders have traded $VERX stock on the open market 15 times in the past 6 months. Of those trades, 0 have been purchases and 15 have been sales.
Here’s a breakdown of recent trading of $VERX stock by insiders over the last 6 months:
- JEFFREY WESTPHAL has made 0 purchases and 3 sales selling 3,000,000 shares for an estimated $115,350,000.
- DAVID DESTEFANO (PRESIDENT & CEO) has made 0 purchases and 5 sales selling 472,531 shares for an estimated $17,677,609.
- SECOND IRR. TRUST FBO ANNE MARIE WESTPHAL U/A OF JEFFREY R. WESTPHAL DATED OCTOBER 5, 2001 ITEM has made 0 purchases and 6 sales selling 405,000 shares for an estimated $14,786,236.
- RYAN J LEIB (Chief Accounting Officer) sold 5,755 shares for an estimated $218,690
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$VERX Hedge Fund Activity
We have seen 161 institutional investors add shares of $VERX stock to their portfolio, and 123 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- WASATCH ADVISORS LP added 2,498,730 shares (+inf%) to their portfolio in Q2 2025, for an estimated $88,292,624
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. removed 2,429,416 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $85,843,414
- CHAMPLAIN INVESTMENT PARTNERS, LLC added 1,708,810 shares (+inf%) to their portfolio in Q2 2025, for an estimated $60,380,801
- LEGACY ADVISORS, LLC removed 1,276,297 shares (-96.4%) from their portfolio in Q2 2025, for an estimated $45,097,954
- WELLINGTON MANAGEMENT GROUP LLP added 1,223,596 shares (+inf%) to their portfolio in Q2 2025, for an estimated $43,235,764
- MASSACHUSETTS FINANCIAL SERVICES CO /MA/ added 1,077,805 shares (+inf%) to their portfolio in Q2 2025, for an estimated $38,084,239
- GENEVA CAPITAL MANAGEMENT LLC added 974,530 shares (+47.7%) to their portfolio in Q2 2025, for an estimated $34,435,017
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$VERX Analyst Ratings
Wall Street analysts have issued reports on $VERX in the last several months. We have seen 5 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Stephens & Co. issued a "Overweight" rating on 09/29/2025
- Goldman Sachs issued a "Buy" rating on 08/07/2025
- JMP Securities issued a "Market Outperform" rating on 08/07/2025
- Needham issued a "Buy" rating on 08/06/2025
- Piper Sandler issued a "Overweight" rating on 06/16/2025
To track analyst ratings and price targets for $VERX, check out Quiver Quantitative's $VERX forecast page.
$VERX Price Targets
Multiple analysts have issued price targets for $VERX recently. We have seen 8 analysts offer price targets for $VERX in the last 6 months, with a median target of $40.0.
Here are some recent targets:
- Brett Huff from Stephens & Co. set a target price of $30.0 on 09/29/2025
- Brad Sills from B of A Securities set a target price of $34.0 on 08/08/2025
- Adam Hotchkiss from Goldman Sachs set a target price of $43.0 on 08/07/2025
- Patrick Walravens from JMP Securities set a target price of $50.0 on 08/07/2025
- Daniel Jester from BMO Capital set a target price of $30.0 on 08/07/2025
- Joshua Reilly from Needham set a target price of $40.0 on 08/06/2025
- Steven Enders from Citigroup set a target price of $40.0 on 07/16/2025
Full Release
KING OF PRUSSIA, Pa., Oct. 14, 2025 (GLOBE NEWSWIRE) -- Vertex Inc. (NASDAQ:VERX) (“Vertex” or the “Company”), a leading global provider of indirect tax solutions and an Oracle partner, today announced that it has achieved Oracle Validated Integration with Vertex Accelerator for Oracle’s ERP offering. Built for every stage of the tax lifecycle, Vertex empowers customers to streamline global indirect tax operations (from real-time determination to compliance and audit readiness) reducing complexity and adapting to evolving regulations.
To achieve Oracle Validated Integration, partners such as Vertex demonstrate their integrated offering aligns with Oracle integration best practices and performs as documented.
In just the first seven months of implementation, customers processed an average of over 150 million transactions per month, surpassing one billion total transactions, using Vertex tax solutions on Oracle Cloud Infrastructure (OCI), highlighting the scalability and performance of the integrated solution.
“Vertex Accelerator for Oracle’s ERP offering delivers unmatched speed and simplicity in tax integration,” said Marc A. Duclos, Global Senior Director of Strategic Partnerships at Vertex. “From push-button setup to streamlined onboarding and support for complex tax scenarios, we’ve designed the experience to be intuitive, reliable, and globally compliant. It’s rewarding to see so many organizations choose Vertex Best in Class Solution to help them scale with confidence.”
“Achieving Oracle Validated Integration with Vertex’s Accelerator solution gives our customers the confidence that the integration of Vertex’s solution is technically and functionally sound and performs as tested,” said David Hicks, group vice president, ISV Ecosystem, Oracle North America. “Oracle Validated Integration applies a rigorous review and analysis process that helps reduce integration risk and ensure optimal performance and end-user experience of the partner’s integrated offering.”
For customers, Oracle Validated Integration provides confidence that the partner’s integration has been validated and the products work together as designed. This can help customers reduce risk, improve system implementation cycles, and provide for smoother upgrades and simpler maintenance. Oracle Validated Integration applies a rigorous technical process to review partner integrations and partners who successfully achieve an Oracle Validated Integration are authorized to use the “Oracle Validated Integration” badge.
About Oracle’s Partner Program
Oracle’s partner program helps Oracle and its partners drive joint customer success and business momentum. The newly enhanced program provides partners with choice and flexibility, offering several program pathways and a robust range of foundational benefits spanning training and enablement, go-to-market collaboration, technical accelerators, and success support. To learn more, visit https://www.oracle.com/partner/.
Trademarks
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About Vertex
Vertex, Inc. is a leading global provider of indirect tax solutions. The Company’s mission is to deliver the most trusted tax technology enabling global businesses to transact, comply and grow with confidence. Vertex provides solutions that can be tailored to specific industries for major lines of indirect tax, including sales and consumer use, value added and payroll. Headquartered in North America, and with offices in South America and Europe, Vertex empowers the world’s leading brands to simplify the complexity of continuous compliance.
For more information, visit www.vertexinc.com or follow us on X and LinkedIn .
COPYRIGHT © 2025 VERTEX, INC. ALL RIGHTS RESERVED. THE INFORMATION CONTAINED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY, MAY CHANGE AT ANY TIME IN THE FUTURE, AND IS NOT LEGAL OR TAX ADVICE.
Vertex Company Contact:
Rachel Litcofsky
Manager, Public Relations
[email protected]