Vertex Expands Its e-Invoicing Capabilities with ecosio Acquisition
This IDC Market Note discusses Vertex's acquisition of ecosio, an EDI and e-invoicing specialist. It delves into the strategic rationale behind the acquisition, the expected value proposition, and the customer benefits that can be achieved by the Vertex-ecosio integration."Vertex's acquisition of ecosio represents a significant strategic step toward consolidating e-invoicing and tax compliance into a unified platform. By integrating ecosio's robust network and real-time compliance capabilities, Vertex addresses increasing global demand for comprehensive, jurisdictionally compliant solutions, particularly in regions with evolving regulatory frameworks such as Europe," said Edyta Kosowska, program manager, IDC.
Executive Snapshot
In This Market Note
IDC's Point of View
Strategic Rationale
An Expanded Value Proposition
Customer Benefits
Conclusion
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