Thomson Reuters Solutions Certified as SAP Endorsed Apps

Recently, Thomson Reuters, a global content and technology company, announced that three of its ONESOURCE solutions for SAP ERP and SAP S/4HANA Cloud have achieved the status of SAP Endorsed Apps and are now available for online purchase on the SAP Store.

SAP Endorsed Apps are premium certified by SAP and have undergone additional security measures, in-depth testing, and measurements against benchmark results. These apps are part of SAP’s vision to deliver an intelligent enterprise for its customers through ecosystem innovations. By partnering with companies like Thomson Reuters, SAP aims to provide integrated solutions that solve key business challenges and deliver value to its customers.

ONESOURCE Solutions Now SAP Endorsed Apps

The three ONESOURCE solutions that have achieved SAP Endorsed App status are:

• ONESOURCE Determination for SAP S/4HANA and SAP ERP (US/CA)
• ONESOURCE Determination (US) for SAP S/4HANA Cloud, public edition
• ONESOURCE Tax Provision for SAP S/4HANA Cloud

These solutions exhibit excellence in the categories of Accounting, Financial Close, and Enterprise Resource Planning. With these ONESOURCE solutions, businesses using SAP solutions can benefit from provisioning and planning for income taxes, automated tax determination, sales and use tax calculations, and more.

Ray Grove, Head of Corporate Tax and Trade at Thomson Reuters, emphasizes the importance of achieving premium certification for these ONESOURCE solutions. He further explains that this recognition gives customers added confidence that they have the right software in their tax tech stack to run and support their intelligent enterprises. Grove also highlights the significance of active participation in the open tech ecosystem for companies striving to provide customers with innovative solutions, which Thomson Reuters achieves through its partnership with SAP.

Delivering the Intelligent Enterprise to SAP Customers

Meanwhile, Darryl Gray, Global Vice President, Software Partner Solution Monetization & Success at SAP, applauds Thomson Reuters for achieving SAP Endorsed App status for its ONESOURCE solutions. He emphasizes that ecosystem innovations are essential to SAP’s vision and the delivery of intelligent enterprise to its customers. Gray also notes that partners like Thomson Reuters are positioned to help SAP deliver a cloud-first strategy with integrated innovations that provide value while solving key business challenges.

By using Thomson Reuters ONESOURCE solutions, SAP customers can expect to generate new business, drive efficiencies, execute digital transformations, and improve customer loyalty. These solutions are also designed to work seamlessly with SAP applications, providing real-time access to innovative solutions that complement and extend their existing systems.

Moreover, SAP Store, the digital marketplace for solutions from SAP and its partners, now offers ONESOURCE solutions for digital discovery and purchase. Thomson Reuters’ presence in the SAP Store spans the intersection of commerce and compliance, partnering across the tax, trade, finance, and legal functions. With more than 2,300 innovative solutions available, the SAP Store also provides customers with real-time access to solutions that enable the digital transformation of their business.

The recognition of Thomson Reuters ONESOURCE solutions as SAP Endorsed Apps marks a significant milestone in the partnership between these two industry leaders. By offering these premium certified solutions on the SAP Store, Thomson Reuters and SAP are also providing customers with access to innovative, integrated solutions that can help them become best-run, intelligent enterprises. As businesses continue to navigate the complexities of tax compliance and digital transformation, the availability of these ONESOURCE solutions in the SAP Store will undoubtedly prove valuable in driving efficiency, growth, and success.