What products is Vertex retiring for Oracle Payroll?
Last updated on JUNE 30, 2016
Applies to:Oracle HRMS (US) - Version 12.1.3 and later
Information in this document applies to any platform.
Oracle customer received a letter from VERTEX regarding the retirement of the Vertex Legacy product.
What is being retired?
Dear Vertex Customer,
After careful consideration, Vertex has decided to phase out our legacy income tax compliance solutions over the course of the next 12 to 18 months. By retiring these legacy income tax solutions, we can focus our efforts on continuing to develop next generation solutions for the market. As a loyal indirect tax customer, we wanted to make you aware of this decision and assure you that Vertex
indirect tax solutions are not impacted. This decision impacts income tax compliance customers only and, in fact, is being done to accelerate investment in future income and indirect tax solutions.
The decision to retire the income tax compliance solutions came after extensive research confirming that we need to accelerate our Vertex Enterprise road map to better serve the corporate tax industry's needs on a more global scale. We believe the current technology behind legacy income tax compliance solutions in the market today will be replaced by more advanced approaches to managing the entire corporate tax lifecycle.
We are aware that decisions like this can cause confusion and misunderstanding in the marketplace. To avoid this, we have developed the attached document to provide more details. If you have any questions, please don't hesitate to contact Customer Support at 800-281-1900.
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