How is your organization using Vertex solutions to overcome Corporate Tax challenges and drive business performance? We want to hear from you—and shine a spotlight on your company’s success through the 2019 Vertex Innovation Awards.
Each year, Vertex recognizes companies for using Vertex solutions in innovative ways to overcome business challenges and improve results.
Call for Nominations
Get recognized for your leading-edge approach to tax management with Vertex solutions. Nominate your organization for the 2019 Vertex Innovation Awards by Friday, June 28.
The awards recognize companies that have developed innovative ways to leverage Vertex solutions in their tax department to overcome business challenges and drive improved results.
Top entries will be announced as winners in August and their winning solutions will be featured in communications and promotions prior to the Exchange conference.
Vote for your Peers
Attendees at Exchange will have an opportunity to vote for their favorite innovation. The "People's Choice" winner will be announced during Exchange, taking place from October 27-30 in Aurora, Colorado.
Attention Past Innovation Award Winners
Are you a past Innovation Award winner that has continued to innovate by using Vertex software to create additional benefits for other tax types or embarked on a new project using the technology to create a positive impact on the bottom line? Submit your project and you may be selected for a North Star Award to recognize your continued innovation!
All Winners Receive:
- Complimentary registration for two (2) to Vertex Exchange U.S. 2019
- Complimentary travel and hotel accommodations for two (2) registered attendees
- A crystal award in the company’s name recognizing their achievement
- Recognition at Vertex Exchange in front of industry peers, and in all Vertex communications regarding the awards program, including media releases
- An opportunity to highlight their success with Vertex solutions in a video interview, presentation at Exchange and/or a customer success story on the award-winning project
How to Enter
Complete and submit the Vertex Innovation Awards Nomination Form by June 28, 2019. Winners will be notified in August.
Complete and qualified entries will be eligible to receive a $25 American Express Gift Card. Gift cards are limited and distributed on a first come, first serve basis. Names of entries not selected will be kept in strict confidence.
Entries must be completed in their entirety and meet the following eligibility requirements.
Eligibility to participate in the 2019 Vertex Innovation Awards program is limited to current Vertex customers and the nominated solution must be fully implemented at the time of submission. Nominations will be judged based on the following criteria:
- Innovation - The ability to demonstrate improvement over previous business operations using the technology to deliver recognizable, measurable and valuable results - providing true business benefit to the organization.
- Uniqueness - The solution implements a creative and unique “big idea”.
- Alignment - The program, process, or technology nominated supports overall organizational goals.
- Adaptation - The potential for the solution to translate into “best practices” application that can be adopted by other organizations.
- Cost effectiveness - The ability of the solution to maximize resources and provide scalability and cost savings.
Need inspiration? Check out last year’s winning innovations at the bottom of this page.
2018 Innovation Award Winners
Last year, the Vertex Innovation Awards recognized five companies that have leveraged software and services from Vertex to solve complex business challenges: Air Liquide USA; Redbox Automated Retail, LLC; Summit Electric Supply; Walmart Inc.; and Xcel Energy Inc.
Read each company's story to learn how our 2018 Innovation Award winners implemented a leading-edge approach to tax management with Vertex solutions.
2018 People's Choice Award Winner
Many nominees. Five finalists. One company voted as the “People’s Choice.”
Conference attendees awarded Redbox the People's Choice Award for innovation and inspiration for their approach to tax management using Vertex solutions. Congratulations to Redbox for being voted the 2018 People's Choice!
Redbox Automated Retail, LLC
Automating tax calculation one movie at a time
Winner for use of Vertex Cloud Indirect Tax
Redbox is America’s destination for affordable and convenient new-release movie and video game rentals. The company revolutionized the way Americans rent movies when it was founded in 2002 on the belief that consumers deserved a convenient way to rent new-release movies at a low nightly price.
Today, Americans have rented more than 5 billion discs from 41,500 Redbox kiosks in communities nationwide. With its newest offering, Redbox On Demand, the company delivers an even broader selection of movies and TV shows via transactional video on demand (VOD) and electronic sell-through (EST).
Innovation at Work
Redbox has a vast kiosk footprint across thousands of tax jurisdictions. The company needed multiple tax assist rules and tax driver mappings to custom categories in order to capture the rental rate from the Vertex XML response.
Redbox operates in a specialized industry, and due to the volume of its retail locations, requires thousands of local sales tax rates, as well as the imposition of various short term rental taxes. Redbox transitioned to Vertex Cloud Indirect Tax to ensure their data is always up to date. The Vertex Cloud platform provides users with current tax configurations without the hassle of having to download updates. Vertex Cloud provides an easy platform for users to analyze and manage tax rates and rules and quickly make updates in response to business changes or changes in tax law. The Vertex Cloud team worked with Redbox to create a rental transaction XML call to Vertex, which automatically returned the standard rental tax rates. With Vertex Cloud, Redbox has confidence in the automated feed of accurate rental and sales tax rates and confidence that the proper tax will be collected at all 41,500 kiosks.
In Their Words
“With Vertex we now have the latest tax configurations at our fingertips and the ability to access, analyze and manage the data for tens of millions of transactions each month.” –Brian McLaughlin, Senior Manager Indirect Taxes