itelligence Partners with Thomson Reuters to Provide SAP® Customers with Powerful Tax Solutions

BLUE ASH, Ohio, Jan. 9, 2013 /PRNewswire/ -- itelligence today announced that it has formed a strategic partnership with Thomson Reuters' ONESOURCE Indirect Tax, one of the world's largest tax software technology providers, to provide customers with tax integration via ONESOURCE Indirect Tax Integration for SAP. Through ONESOURCE Indirect Tax, itelligence customers will benefit from having an end-to-end tax solution provider. This partnership combines two market leaders that together can deliver the best support and customer care resources for SAP customers who need tax solutions.

"With tax compliance regulations constantly changing, itelligence customers need a proven industry leader who can seamlessly manage the tax process from beginning to end," said Dave Noonan, itelligence's VP of business development. "Together, itelligence and Thomson Reuters bring decades of experience in business intelligence and SAP solutions, offering an advanced solution that provides the best tax solution in the business."

ONESOURCE Indirect Tax is considered to be the dominant tax solutions provider in the complex area of Sales and Use tax and Global VAT compliance, with more than 120 multinational customers. The ONESOURCE Indirect Tax Integration for SAP is certified for the United States of America and Canada, and enables easy integration with itelligence customers' existing SAP systems through the SAP's Standard Tax Interface. Each SAP integration passes transaction data from SAP to the tax engine and returns transaction taxes in real time to the SAP application.

ONESOURCE Indirect Tax offers itelligence customers the following features:

• Includes Goods Movement solution for inventory movements, meeting use tax requirements and removes the need for custom development
• SAP ICC certified ERP as well as CRM integration for US/Canada
• Ability to pass an additional 40 distinct fields above what SAP already sends via an integrated user interface.
• Thomson Reuters owns and creates all of tax content, in addition to maintaining all integrations

"We know the tax industry, and itelligence knows the SAP solutions industry, so this partnership brings customers the best of both worlds," said Carlo Cautilli, vice president of sales, ONESOURCE Indirect & Property Tax with Thomson Reuters. "While many companies leverage SAP as their ERP system, we are able to effectively and efficiently help customers comply with the growing complexity of indirect tax requirements around the world because tax is what we do."

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 and risk, legal, tax and accounting, intellectual property and science 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 approximately 60,000 people and operates in over 100 countries. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges (symbol: TRI). For more information about Thomson Reuters, go to http://www.thomsonreuters.com.  For more information about the ONESOURCE Indirect Tax solution visit: http://onesourceindirecttax.com/

About itelligence
itelligence Inc. is a wholly owned subsidiary of itelligence AG, an international full-service solution and consulting company with a global presence in 21 countries. itelligence provides a broad range of consulting and customer support services to maximize SAP solutions, including implementations, business intelligence, application management services and hosting. itelligence is a gold-level SAP channel partner authorized to resell SAP Business All-in-One and SAP BusinessObjects solutions and is one of only 6 SAP global services, global hosting and global application management services partners. itelligence also holds global quality accreditation by SAP Active Quality Management organization for demonstrating clear quality standards and processes. For more information please visit http://www.itelligencegroup.com.

SOURCE itelligence