Business intelligence reporting to address the tax compliance needs of global companies
New York, April 5, 2011- The Tax & Accounting business of Thomson Reuters has released ONESOURCE Indirect Tax reporting for fast, accurate, and flexible business intelligence reporting that is fully integrated with the ONESOURCE Indirect Tax global software suite. Supporting global indirect tax compliance, reconciliation, and data analysis needs, the solution also allows companies to create or customize reports, incorporating data from external sources to meet unique and complex business process needs.
Building on the most accurate and trusted indirect tax solution, ONESOURCE Indirect Tax, the reporting module provides finance and tax professionals with the ability to delve into audit and return data for a granular view into transaction tax details as well as access to analytic tools for improved decision making.
"Indirect tax compliance is a cumbersome process comprised of a multitude of steps," said Shannon Harris, Accounts Payable Manager at Boise Inc., a leading manufacturer of paper and packaging products. "With ONESOURCE Indirect Tax reporting, we now have an accurate and flexible reporting solution that can easily be configured. In addition to tax determination, the reports from the solution are a critical tool to have when faced with defending your business in a jurisdictional audit."
Available as an add-on module to the ONESOURCE Indirect Tax global software suite, new features include:
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Accurate and customizable views of data with the ability to drill into the audit detail
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Flexible enough to leverage external data sources for limitless views of data to address the unique needs of any company
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Enterprise class N-Tier architecture performance to make reconciliation easier and faster
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Analysis tools to improve the speed and quality of decision-making
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An entire library of common reports such as transaction extract reports, reconciliation, returns preparation, exception and sales and use, GST, PST, QST, and VAT reports
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In addition, for existing Thomson Reuters customers, the ONESOURCE global software solution integrates with the ONESOURCE platform for single-sign-in access to other ONESOURCE compliance solutions.
Pricing and Availability
ONESOURCE Indirect Tax reporting is a cost-effective, global indirect tax reporting solution and is available today.
More information about ONESOURCE Indirect Tax solutions can be found at: http://onesource.thomsonreuters.com/solutions/indirect-tax/ (http://onesource.thomsonreuters.com/solutions/indirect-tax/). A complimentary Web seminar, further describing the software, is available on April 7, 2011.To register for the seminar, go to https://www1.gotomeeting.com/register/321812849 (https://www1.gotomeeting.com/register/321812849).
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About Thomson Reuters
Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial, legal, tax and accounting, healthcare and science and media markets, powered by the world's most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs more than 50,000 people and operates in over 100 countries. For more information, go to www.thomsonreuters.com (http://www.thomsonreuters.com/).
CONTACT
| Aimee Quemuel Codey Communications aimee@codeycommunications.com (mailto:aimee@codeycommunications.com) +1 415 753 9005 |
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Source: Thomson Reuters Corporation via Thomson Reuters ONE
