“Increasing Adoption of Cloud-Based Sales Tax Solutions”
- The shift towards cloud-based sales tax software is one of the biggest trends shaping the market today. Companies prefer cloud platforms because they offer easy access, automatic updates, and scalability without heavy upfront costs. Cloud solutions also allow businesses to integrate tax management with other cloud-based ERP or accounting systems, streamlining workflows.
- This trend is driven by the need for real-time tax rate calculations and instant compliance across multiple regions. Cloud software reduces the complexity of maintaining local infrastructure and supports remote work environments.
- Moreover, as tax laws evolve rapidly, cloud platforms can push timely updates to ensure ongoing compliance. This trend is particularly strong among small and medium enterprises that benefit from flexible, subscription-based pricing. Overall, cloud adoption is helping businesses stay agile and compliant in a fast-changing tax landscape.
- For instance, In March 2025, Vertex Inc. expanded its cloud-based tax automation services by launching new integration features for popular ERP platforms. This move helps businesses connect tax compliance with their broader financial systems seamlessly. Vertex’s update enhances real-time accuracy and reduces manual tax filing efforts.
