Press Releases

Thomson Reuters Announces New Service Bureau Payroll CS Software

Jon Baron Unveils New Product in Opening Keynote Address

The Tax & Accounting business of Thomson Reuters announced today the unveiling of its new product—Service Bureau Payroll CS. In his opening keynote at the 28th annual CS Users’ Conference, Jon Baron described the application’s powerful functionality and the necessity of the software for firms interested in high-volume payroll processing.

“We are always expanding the products and services we offer to meet the ever-changing needs of the profession,” explained Jon Baron, President, Professional Software & Services, Tax & Accounting, Thomson Reuters. “Service Bureau Payroll CS was designed from the ground up to support high volume processing and provide firms with convenient tax compliance functionality. The application offers powerful features and functionality to make easy work of payroll processing.”

Service Bureau Payroll CS provides users with numerous tools for fast and easy client setup, invoicing, reporting, and processing. Features such as advanced check entry, including batch mode and multiple payroll schedules per client; automatic address and tax jurisdiction validation; impounding; direct deposit; and remote payroll data entry and remote check printing options for the firms’ clients make Service Bureau Payroll CS a leader in its class.

“The product offers a long list of timesaving features so firms can do more payroll work without adding staff. Service Bureau Payroll CS is a powerful addition to the CS Professional Suite® product family. There is no doubt that it will evolve into a market leading application in no time,” stated Baron.

The CS Users’ Conference runs from November 5–8, 2008, in Grapevine, Texas. For more information on the conference, please visit our website at CS.ThomsonReuters.com/UC.

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, scientific, healthcare 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 in 93 countries. Thomson Reuters shares are listed on the New York Stock Exchange (NYSE: TRI); Toronto Stock Exchange (TSX: TRI); London Stock Exchange (LSE: TRIL); and Nasdaq (NASDAQ: TRIN). For more information, go to ThomsonReuters.com.

The Tax & Accounting business of Thomson Reuters is the leading provider of technology and information solutions, as well as integrated tax compliance software and services to accounting, tax and corporate finance professionals in accounting firms, corporations, law firms and government. Tax & Accounting includes the Professional Software & Services, Corporate Software & Services, and Research & Guidance business groups.

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