Vertex : VERX Investor Day Presentation - March 2025
VERX
Driving Durable Growth by
Solving Indirect Tax Complexity
Investor Day | March 19, 2025
2025 Investor Day Agenda
8:30 a.m ET
8:35 a.m ET
9:05 a.m ET
9:25 a.m ET
BREAK (15 MINUTES)
10:10 a.m ET
10:30 a.m ET
11:00 a.m ET
11:20 a.m ET
Welcome & Agenda
Joe Crivelli, Vice President of Investor Relations
Company & Strategy Overview
Driving Durable Growth by
David DeStefano, President, CEO, Chairperson of the Board
Solving Indirect Tax Complexity
Strategic Outlook
Building on a Strong Core
Chirag Patel, Chief Strategy Officer
& Executing Our Strategy
Product Solution Panel
End-to-End Platform with
Sal Visca, CTO
Uwe Sydon, SVP Product Management
Moderated by Jeff Foucher
Unmatched Capabilities
Michael Bernard, VP Chief Tax Officer
Leading Commercial Position
Positioned to Win with
Chris Jones, Chief Commercial Officer
Multiple Layers of Growth
Customer / Partner Panel
Unparalleled Customer
Dominic Zambrano, Senior Director - Tax, Comcast
Maria Hevia Alvarez, Global Indirect Tax Deputy Leader, EY
Moderated by Chris Jones
Value Proposition
Jeff Craskey, VP Business Development, SAP
Financial Overview & Outlook
Well-Positioned for
John Schwab, Chief Financial Officer
Durable Growth
Q&A
Panel
3
Company &
Strategy Overview
Driving Durable Growth by
Solving Indirect Tax Complexity
David DeStefano, President,
CEO & Chairperson of the Board
4
Our North Star is to accelerate global
commerce and empower businesses to transact, comply and grow with confidence…
…by delivering a global, best-in-class, end-to-end indirect tax platform
5
Global Leader in Tax Technology
Proven Track Record of Driving Durable Growth at Scale
17.5%
Annual Recurring Revenue CAGR
2020-2024 (1)
33.5%
Cloud Subscription CAGR
Commerce
Compliance
2020-2024 (1)
85%
Subscription Revenue
as % of Revenue (1)
~95%
Gross Retention Rate (1)
>60%
Fortune 500
69%
Scaled Customer Count Growth
2020-2024 (1)(2)
(1) Based on information as of December 31, 2024
6
(2) Scaled customers are those driving Vertex revenue of more than $100,000 per year.
Indirect Taxes Encompass
High Degree of Complexity
BILLIONS
of transactions
THOUSANDS
of taxing jurisdictions
THOUSANDS
of products and services
In REAL-TIME
spanning OMNICHANNEL platforms
And ACROSS THE GLOBAL
SUPPLY CHAIN
(1) 2022 OECD Tax Database
$4.4T
Global
Indirect Tax
Revenue(1)
3.1X Greater Than
Corporate Income
Tax Revenue (1)
7
Multiple Secular Growth Drivers
Benefiting from Constant State of Change
Digital
Transformation
Technology Refresh
Cloud Adoption
SaaS
IoT
PayTech
Business
Regulatory
Complexity
Change
Globalization
E-invoicing
Product Expansion
Real-time Reporting
M&A
Digital Services
Omnichannel
Duties & Fees
Supply Chain
Audit
Marketplaces
Cross-Border
8
Unmatched End-to-End Indirect Tax Solutions
Business
ERP
e-Commerce
Marketplaces
Procurement
Applications on the Vertex Cloud Platform
Point of Sale
Integration
Determination
Compliance
Audit & Planning
Access
Determine
Report
Retain
Read
Calculate
Comply
Defend
Pay
Configure
File
Plan
Integrated Data Platform
Tax Authorities
CTC/E-invoicing
Real-Time Reporting & Remittance
Notices & Audit
9
A Complete Ecosystem of Comprehensive Solutions
Applications
Integration
Services provide broad range of administrative, operational, and optimization support
Determination Compliance
Vertex Solutions
Supports every step of the tax
Streamlines returns and fillings
determination process
to local tax authorities
•
Vertex O Series
•
Certificate Center
•
Sales Tax
• Sales and Use Tax Compliance
•
Consumers Use Tax (CUT)
• Indirect Tax Returns North America
•
Value Added Tax (VAT)
•
VAT Compliance
• Goods & Services Tax (GST)
•
e-Invoicing
•
O Series Edge
•
Vertex for e-Commerce
•
Vertex ERP Accelerators
•
Vertex for Marketplaces
•
O Series for Retail
•
Vertex Advantage Plus
•
Lat/Long Jurisdiction Locator
•
Vertex Validator
•
Address Cleansing
•
Vertex Invoice IQ
Audit &
Planning
Unlocks the value of data to improve compliance and audit performance
10
Comprehensive Tax Content Database
Key Competitive Advantage
1 Billion+
Tax Rates and Rules
Continually Updated (1)
195
Countries
Supported (1)
20,000+
AI Capabilities
Global
Strengthened with
Jurisdictions (1)
Humans In-the-Loop
100+
SSAE 18
Tax Experts
Certified Research
Worldwide (1)
Process
Industry Specific Capabilities
Retail | Manufacturing | Communications Services | Medical/Healthcare | Lodging | Leasing | Construction | Banking | Services, & More
(1) Based on information as of December 31, 2024
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Disclaimer
Vertex Inc. published this content on March 19, 2025, and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on March 19, 2025 at 17:04:03.953.