PUBLISHER: IDC | PRODUCT CODE: 1607589
PUBLISHER: IDC | PRODUCT CODE: 1607589
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.