Vertex and Kintsugi Launch AI-Powered Tax Automation Solution: Kintsugi powered by Vertex
MWN-AI** Summary
Vertex Inc. (NASDAQ:VERX), a leader in indirect tax solutions, has announced a strategic partnership with Kintsugi, an innovative startup, to launch "Kintsugi powered by Vertex," an AI-driven tax automation solution aimed at small and mid-sized businesses (SMBs). This release marks a significant step in Vertex's ongoing commitment to integrating artificial intelligence throughout the tax lifecycle, streamlining compliance processes, and empowering businesses of all sizes.
Chirag Patel, Chief Strategy Officer at Vertex, emphasized that this new solution symbolizes their dedication to revolutionizing tax compliance through AI. Kintsugi powered by Vertex is designed to automate essential compliance tasks, including nexus monitoring, registration, tax categorization, calculation, filing, and remittance. Additionally, it features real-time dashboards for tracking jurisdictional liabilities, giving finance teams better visibility and control over their tax workflows.
Pujun Bhatnagar, CEO of Kintsugi, highlighted the importance of this partnership in allowing SMBs to manage tax compliance efficiently while focusing on growth. Customers can access the AI-powered solution with no obligation, enabling them to gain real-time insights into their nexus status, fostering enhanced agility in tax management.
The solution's flexibility ensures it can seamlessly integrate into various financial systems, making AI-driven tax automation accessible to diverse platforms and ERP environments. This launch is part of Vertex’s broader investment strategy into next-generation technologies, which will expand capabilities in areas such as global compliance, e-invoicing, exemption certificate management, and cross-border tax logic.
Overall, Kintsugi powered by Vertex is positioned to significantly transform tax compliance for many businesses, simplifying complex processes while delivering robust automation. For more details, visit Vertex’s and Kintsugi’s websites.
MWN-AI** Analysis
The recent partnership between Vertex Inc. (NASDAQ: VERX) and Kintsugi launching the AI-native tax automation solution, "Kintsugi powered by Vertex," presents a promising opportunity for investors looking to capitalize on the burgeoning tax technology market. This strategic move aligns perfectly with market trends prioritizing automation and compliance amidst increasing regulatory scrutiny, particularly for small and medium-sized businesses (SMBs).
Vertex's established reputation as a leader in indirect tax solutions ensures that Kintsugi inherits a strong foundation of accuracy and global insights. The new platform's ability to automate critical compliance functions—including nexus monitoring, tax categorization, calculation, and filing—addresses a crucial need for agility in tax management for SMBs. With Kintsugi claiming to reduce preparation time by 75% and compliance costs by 50%, the product positions itself as a vital tool for businesses aiming for operational efficiency amid budget constraints.
The ability to integrate seamlessly with various financial systems enhances Kintsugi's appeal, allowing diverse industries to leverage the solution without major overhauls to existing ERP setups. This adaptability could lead to quick adoption rates among target users and contribute positively to Vertex's revenue streams.
As Vertex continues to invest in AI capabilities and expand its portfolio, the potential for sustained growth in a market marked by increasing demand for tax automation cannot be overlooked. Investors should closely monitor the initial user adoption and performance metrics of Kintsugi powered by Vertex, as success in this venture may significantly enhance Vertex’s market valuation over time.
In summary, the launch of Kintsugi powered by Vertex not only strengthens Vertex's product offerings but also positions the company strategically in an evolving tax compliance landscape. For investors, this presents an opportunity to consider Vertex as a potentially strong addition to a growth-oriented portfolio.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
KING OF PRUSSIA, Pa., Oct. 08, 2025 (GLOBE NEWSWIRE) -- Vertex Inc. (NASDAQ:VERX) (“Vertex” or the “Company”), a global provider of indirect tax solutions, today announced the launch of Kintsugi powered by Vertex, a new AI-native tax automation solution developed in partnership with Kintsugi , a fast-growing startup focused on transforming tax compliance for SMB’s through intelligent automation.
This release marks a significant milestone in Vertex’s broader strategy to embed AI across the tax lifecycle, delivering scalable, seamless automation that amplifies expertise and simplifies complexity.
“Kintsugi powered by Vertex reflects our commitment to reimagining tax compliance through AI, extending our reach outside enterprise in an innovative manner,” said Chirag Patel, Chief Strategy Officer at Vertex. “Together, we’re bringing ease of use, quick time to value, and precision to tax workflows, laying the foundation for future innovations that make seamless continuous compliance achievable for companies of all sizes.”
Built to serve diverse platforms and industries, the solution automates key compliance functions including nexus monitoring, registration, product-level tax categorization, calculation, filing, and remittance. It also provides real-time dashboards for jurisdictional liability and exposure tracking, empowering finance teams with visibility and control. Powered by the Vertex tax engine, Kintsugi powered by Vertex delivers the same trusted accuracy and global content that enterprises rely on, now available in an AI-native experience built for agility and scale.
“Small and mid-sized businesses are under constant pressure to do more with less,” said Pujun Bhatnagar, CEO, Kintsugi. “Our partnership with Vertex brings together deep tax expertise and AI-native automation to deliver clarity and control, helping teams stay focused on growth while simplifying compliance. Customers can now connect with the powered by solution, with no obligation, to get real-time tracking of their nexus, giving them even greater visibility and agility.”
Kintsugi powered by Vertex is built for flexibility, designed to integrate with supported financial systems. This approach ensures that businesses can benefit from AI-powered tax automation regardless of their platform or ERP environment.
The launch is part of Vertex’s ongoing investment in next-generation tax technologies, with a roadmap that includes expanded AI capabilities for global compliance, e-invoicing, exemption certificate management, and cross-border tax logic.
For more information, click here to explore how Vertex and Kintsugi are reshaping tax automation.
About Vertex
Vertex, Inc. is a leading global provider of indirect tax solutions. The Company’s mission is to deliver the most trusted tax technology enabling global businesses to transact, comply and grow with confidence. Vertex provides solutions that can be tailored to specific industries for major lines of indirect tax, including sales and consumer use, value added and payroll. Headquartered in North America, and with offices in South America and Europe, Vertex empowers the world’s leading brands to simplify the complexity of continuous compliance.
For more information, visit www.vertexinc.com or follow us on X and LinkedIn .
Copyright © 2025 Vertex, Inc. All rights reserved. The information contained herein is intended for information purposes only, may change at any time in the future, and is not legal or tax advice. Any product direction and potential roadmap information is not a guarantee, may not be incorporated into any contract, and is not a commitment to deliver any material, code, or functionality. This information should not be relied upon in making purchasing, legal, or tax decisions. The development, release, and timing of any features or functionality described for Vertex’s products remains at the sole discretion of Vertex, Inc. Any statements in this release that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. All forward-looking statements are subject to various risks and uncertainties described in Vertex’s filings with the US Securities and Exchange Commission (“SEC) that could cause actual results to differ materially from expectations. Vertex cautions readers not to place undue reliance on these forward-looking statements which Vertex has no obligation to update and which speak only as of their dates.
About Kintsugi
Kintsugi provides an AI-powered tax automation platform that transforms complex tax management into a streamlined, automated process. By leveraging artificial intelligence and seamless integrations, Kintsugi reduces preparation time by 75% and compliance costs by 50% for e-commerce and SaaS businesses. The company offers transparent pricing, exceptional customer service, and advanced capabilities for multi-state and international tax compliance.
Learn more at www.trykintsugi.com .
Vertex Company Contacts:
Rachel Litcofsky
Manager, Public Relations
mediainquiries@vertexinc.com
Joe Crivelli
VP, Investor Relations
investors@vertexinc.com
Kintsugi Company Contact:
Steve Moskovitz
Head of Marketing
Steve@trykintsugi.com
FAQ**
How do you foresee the partnership between Vertex Inc. Class A Common Stock VERX and Kintsugi impacting the company's market position in the tax automation industry?
What specific competitive advantages does Vertex Inc. Class A Common Stock VERX gain from integrating AI features into its tax solutions?
Given the launch of Kintsugi powered by Vertex, what are the projected financial impacts on Vertex Inc. Class A Common Stock VERX and its target market?
How does Vertex Inc. Class A Common Stock VERX plan to utilize feedback from SMBs to further enhance its AI-native tax automation solutions?
**MWN-AI FAQ is based on asking OpenAI questions about Vertex Inc. Class A Common Stock (NASDAQ: VERX).
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