Thomson Reuters’ global corporate tax technology platform, ONESOURCE Global Tax for SAP Ariba Solutions, has achieved SAP-certified integration with cloud solutions from SAP. The certification validates that the ONESOURCE solution integrates seamlessly into the SAP Ariba environment.
ONESOURCE Global Tax for SAP Ariba enables organisations that use SAP Ariba Buying and SAP Ariba Invoice Management to access dynamic, reliable, global tax content in real time for global procurement transactions. Designed to save time and resources, the solution also reduces errors compared to manual processes, minimising regulatory risk and penalty.
With the 2017 launch of the solution, Thomson Reuters became the first provider verified by SAP to offer a tax calculation solution that could be connected to SAP Ariba solutions.
“This certification builds on the extensive work between Thomson Reuters and SAP Ariba to deliver value by simplifying tax for our joint customers,” said Joe Harpaz, managing director, corporate segment of the tax and accounting business, Thomson Reuters.
“We’re proud of the collaboration we’ve enjoyed with the Thomson Reuters team since the launch of ONESOURCE Global Tax for SAP Ariba Solutions in April 2017,” said Barry Padgett, president, SAP Ariba. “By earning this certification, Thomson Reuters continues to demonstrate its commitment to our customers’ success.”
ONESOURCE solutions enable organisations to achieve tax compliance and reporting in more than 180 countries worldwide. The latest ONESOURCE solution builds on the relationship between Thomson Reuters and SAP, including the ONESOURCE Global Next tax integration for US and Canada sales and use tax calculation in SAP ERP and SAP S/4HANA.
