March 25, 2024
Thomson Reuters ONESOURCE solutions are now SAP Endorsed Apps available on SAP® Store
With Thomson Reuters ONESOURCE, businesses using SAP solutions benefit from provisioning and planning for income taxes, automated tax determination, sales and use tax calculations and more
TORONTO, March 25, 2024 – Thomson Reuters (TSX/NYSE: TRI), a global content and technology company, announced today that three ONESOURCE solutions for SAP ERP and SAP S/4HANA Cloud are now SAP Endorsed Apps, available for online purchase on SAP® Store. SAP Endorsed Apps are a category of solutions from SAP’s partner ecosystem that help customers become best-run, intelligent enterprises. Endorsed apps are meant to deliver value with desired outcomes.
ONESOURCE has three solutions that are certified as SAP Endorsed Apps: ONESOURCE Determination for SAP S/4HANA and SAP ERP (US/CA), ONESOURCE Determination (US) for SAP S/4HANA Cloud, public edition, and ONESOURCE Tax Provision for SAP S/4HANA Cloud, exhibiting excellence in the respective categories of Accounting and Financial Close, and Enterprise Resource Planning.
“Achieving premium certification only comes after stringent testing and this recognition for three ONESOURCE solutions as SAP Endorsed Apps gives customers added confidence that they have the right software in their tax tech stack to run and support their intelligent enterprises,” said Ray Grove, Head of Corporate Tax and Trade at Thomson Reuters. “Active participation in the open tech ecosystem is essential for companies striving to provide customers with innovative solutions and we are pleased to be able to do that in partnership with SAP – delivering scalable automated tax determination, better management of tax liability and planning, with real-time tax decisions and overall increased efficiency.”
“Ecosystem innovations are essential to SAP’s vision and delivery of the intelligent enterprise for SAP customers,” said Darryl Gray, Global Vice President, Software Partner Solution Monetization & Success at SAP. “We applaud Thomson Reuters on achieving SAP endorsed app status for its ONESOURCE solutions. Partners like Thomson Reuters are positioned to help us deliver a cloud-first strategy with integrated innovations, proven to provide value while solving key business challenges.”
SAP Endorsed Apps are premium certified by SAP with added security, in-depth testing and measurements against benchmarks results.
The ONESOURCE solutions are available for digital discovery and purchase at SAP Store, the digital marketplace for solutions from SAP and its partners. Thomson Reuters presence on SAP Store spans the intersection of commerce and compliance, partnering across the tax, trade, finance, and legal functions. We help customers generate new business, drive efficiencies, execute digital transformations and improve customer loyalty using our combined technologies. SAP Store provides customers with real-time access to more than 2,300 innovative solutions from SAP as well as partner solutions that complement and extend their SAP applications, enabling digital transformation of their business.
Thomson Reuters
Thomson Reuters (TSX/NYSE: TRI) (“TR”) informs the way forward by bringing together the trusted content and technology that people and organizations need to make the right decisions. The company serves professionals across legal, tax, accounting, compliance, government, and media. Its products combine highly specialized software and insights to empower professionals with the data, intelligence, and solutions needed to make informed decisions, and to help institutions in their pursuit of justice, truth, and transparency. Reuters, part of Thomson Reuters, is a world leading provider of trusted journalism and news. For more information, visit tr.com.
Media contact
Kirsty Bennett
Director, Customer and Product PR
kirsty.bennett@thomsonreuters.com