Vertex study shows only 12% of firms have fully integrated tax technology

• Vertex published a global study warning that weak coordination across IT, tax, finance functions is raising the risk of compliance failures, disrupted transactions, delayed revenue, higher costs.
• Only 12% of companies reported fully end-to-end integrated tax technology, despite 94% expecting closer cross-functional collaboration.
• The survey of 1,050 IT, finance, tax executives in the U.S., U.K., Europe found 31% linking poor collaboration to data issues, mis-spending, weak returns on tax-technology programs.
• Governance is lagging adoption, with 26% using AI-based integration monitoring, while only 37% reported high confidence in master-data quality.
• Regional results showed elevated concern in the U.S. at 77%, with DACH flagged for the widest IT-tax participation gap, alongside 38% reporting mis-investment.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Vertex Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605190700OMX_____CNEWS_DE_GNW9722528_de) on May 19, 2026, and is solely responsible for the information contained therein.