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May 14, 2020

Thomson Reuters Named a Finalist for 2020 SAP® Pinnacle Award for Cloud Integration Partner of the Year

DALLAS, Texas, May 14, 2020 Thomson Reuters today announced that it has been recognized as a finalist for the 2020 SAP® Pinnacle Award in the Cloud Integration Partner of the Year category. This award recognizes leading SAP partners that have excelled in developing and growing their partnership with SAP and helping customers meet their goals.  

“We’re proud of this recognition and our continuing partnership with SAP,” said Chris Carlstead, Head of Partnerships and Alliances for Thomson Reuters Corporates Segment. “Thomson Reuters is committed to developing tools and solutions that help solve the business and technology challenges that our corporate customers face.”

Earlier this year, Thomson Reuters announced that its ONESOURCE US Tax Integration 1.0 for SAP S/4HANA® Cloud engine was SAP-certified for integration with SAP S/4HANA Cloud. This certified integration enables real-time, end-to-end tax integrations for determination, calculation and validation of U.S. sales and use taxes.

The rapid pace of change around sales and use tax makes it increasingly difficult for companies to maintain in-house tax engines. Thomson Reuters ONESOURCE US Tax Integration 1.0 for SAP S/4HANA Cloud helps companies automatically calculate tax without the headache of managing and maintaining an in-house tax engine or reporting system. The engine contains extensive tax content that Thomson Reuters updates as tax rules change, helping to ensure that businesses get their tax right the first time, every time.

Thomson Reuters has been a long time SAP partner and was awarded the 2019 SAP Pinnacle Award for Global Partner of the Year in the Integration category. Thomson Reuters worked with SAP to develop ONESOURCE Determination for SAP Ariba, which enables businesses using SAP® Ariba® solutions to make purchases with accurate and real-time sales, use or value-added tax (VAT), while helping to improve efficiency and reduce risks from miscalculated taxes. ONESOURCE Determination for SAP Ariba is available on SAP App Center, the digital marketplace for SAP partner offerings.

From more than 21,000 partners worldwide, only 27 partners were chosen to receive an SAP Pinnacle Award for their commitment to value creation, exponential growth, and simplification. These partners demonstrate the ability to understand customers’ business needs, deliver unmatched value, offer solutions that reduce complexity, and help every customer become a best-run business.

With the SAP Pinnacle Awards, SAP shines a spotlight on its most distinguished partners that have demonstrated their commitment to teaming with SAP to help the best run SAP. Finalists and winners in 34 categories across the Pinnacle Awards were chosen based on recommendations from the SAP field, customer feedback and performance indicators.

Thomson Reuters

Thomson Reuters is a leading provider of business information services. Our products include highly specialized information-enabled software and tools for legal, tax, accounting and compliance professionals combined with the world’s most global news service – Reuters. For more information on Thomson Reuters, visit tr.com and for the latest world news, reuters.com.

SAP, SAP S/4HANA and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices. All other product and service names mentioned are the trademarks of their respective companies.

CONTACT

Mark Harrop
Corporate Communications
646-223-7803
mark.harrop@thomsonreuters.com

Denise Lam
Corporate Communications
denise.lam@thomsonreuters.com
416-687-7872