Tax outfit Vertex has acquired SAP company LCR-Dixon to allow its partners to cover more taxing SAP business.
LCR-Dixon makes tools enhance a customer’s ability to maintain, analyse and validate tax data in procure-to-pay as well as order-to-cash. All this makes for simplification of tax complexity in SAP environments, it’s said.
Vertex CEO David DeStefano said: “We believe the addition of LCR-Dixon’s unique suite of solutions with Vertex tax technology delivers an incomparable value to our customers who need to manage complex global compliance requirements. We share a common vision and principles based upon loyalty, consideration and respect. Vertex and LCR-Dixon have enjoyed a long-standing partnership and together have delivered best-in-class solutions to some of the world’s largest companies running SAP.”
LCR-Dixon’s PLUS tools were developed to improve functionality and performance for SAP indirect tax processes and are integrated into Vertex’s tax determination software. This combination will let Vertex deliver advanced capabilities across the global SAP ecosystem, it is claimed.
LCR-Dixon CEO Suzy Soo said: “This acquisition is a natural evolution of our relationship and a shared vision to simplify tax complexity. We are excited to unite our offerings into a single platform offered exclusively by Vertex and serve as the leading end-to-end solution provider in tax for SAP customers.”
