NEW YORK, June 1, 2018 /PRNewswire/ -- Thomson Reuters
today announced a new integration of its tax solution with SAP®
solutions to help businesses comply with global tax regulations.
The company has signed an agreement with SAP (NYSE: SAP) by which
Thomson Reuters will integrate and offer SAP Cloud Platform, SAP
Analytics Cloud, and the in-memory computing capabilities of the
SAP HANA® business data platform with its Thomson
Reuters ONESOURCE tax technology solution.
The bundled solutions are expected to provide customers the best
of both worlds: Thomson Reuters ONESOURCE solution enhances
compliance using global tax intelligence backed by the robust
functionality of SAP solutions.
"Today's global businesses need to respond in real time to the
constant regulatory changes happening around the world in order to
stay compliant everywhere they do business, and throughout the
journey of a transaction," said Joe
Harpaz, managing director, Corporate segment for the Tax
& Accounting business of Thomson Reuters. "Today's announcement
demonstrates that Thomson Reuters is committed to providing
customers with a robust set of integrated tools and a seamless
experience to enable them to not only stay compliant with their
global tax obligations today, but to help them plan for what's
ahead."
The longstanding relationship between Thomson Reuters and SAP is
demonstrated by Thomson Reuters ONESOURCE Global Tax, which has
been certified by SAP as integrated with cloud solutions from SAP;
the existing ONESOURCE Global Next Tax integration for sales and
use tax calculation; and an SAP Pinnacle Award. Thomson Reuters
joint demo with SAP at SAPPHIRE NOW® will showcase what the future
holds in store for the companies' mutual customers.
Thomson Reuters is a sponsor and exhibitor at SAPPHIRE NOW in
2018. Conference attendees can get a preview of how Thomson Reuters
and SAP integrated solutions will help revolutionize analytics,
reporting and predictive capabilities. Attendees can find out more
during the conference session led by Chris
Carlstead, managing director, Indirect Tax, for the Tax
& Accounting business of Thomson Reuters, and by visiting the
Thomson Reuters team at booth no. 945:
Session: Enhance Compliance with Global Tax Intelligence
from Thomson Reuters
Date: Wednesday, June 6,
4:30 p.m. – 4:50 p.m.
Location: Technologies LE523
Description: Discover how Thomson Reuters and SAP are
reimagining the way corporations can stay compliant with their
global tax obligations today, as well as to plan for what's ahead
to meet their global tax obligations in the future. Get an advance
look of this future with a demo driven by ONESOURE backed by the
SAP Analytics Cloud solution and SAP Leonardo Machine Learning
capabilities.
To learn more about the partnership between Thomson Reuters and
SAP, visit
https://tax.thomsonreuters.com/products/brands/onesource/indirect-tax/sap-integration/.
Thomson Reuters
Thomson Reuters is the world's leading source of news and
information for professional markets. Our customers rely on us to
deliver the intelligence, technology and expertise they need to
find trusted answers. The business has operated in more than 100
countries for more than 100 years. Thomson Reuters shares are
listed on the Toronto and New York
Stock Exchanges. For more information, visit
www.thomsonreuters.com.
SAP, SAP HANA, SAPPHIRE NOW and other SAP products and services
mentioned herein as well as their respective logos are trademarks
or registered trademarks of SAP SE (or an SAP affiliate company) in
Germany and other countries. See
http://www.sap.com/corporate-en/legal/copyright/index.epx for
additional trademark information and notices. All other product and
service names mentioned are the trademarks of their respective
companies.
For more information, press only:
Laura Rojo-Eddy
Public Relations Manager, Thomson Reuters
+1 972 250 8556
Laura.rojo-eddy@tr.com
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SOURCE Thomson Reuters