Case Study

Leasing giant automates complex calculations to transform tax processes

Leasing giant automates complex calculations to transform tax processes

Pages 3 Pages

This Vertex Customer Story details how Canon Financial Services Inc. (CFS), a leading equipment leasing giant, transformed its tax processes. Prior to implementing Vertex O Series, CFS faced significant challenges with manual tax calculations, particularly when managing complex scenarios like changing asset locations across different states, which introduced substantial risks of human error and inefficiency. Jacob Conlon, Director Corporate IT at CFS, noted the inability to automate even simple asset location changes, requiring manual adjustments for varying state tax rules. By integrating Vertex, CFS successfully automated intricate tax rules and tasks. This automation empowered the CFS tax team to operate with significantly improved speed, accuracy, and overall efficiency, ensuring corre

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