The Tax & Accounting business of Thomson Reuters has entered into an agreement with automated document generation product developer HotDocs Corp. to develop applications for the Thomson Reuters Checkpoint online information system.

Through the alliance, HotDocs will provide the technology behind Interactive Decision Tools, now available through Checkpoint. Interactive Decision Tools is designed to help tax professionals, accountants and auditors resolve routine and complex issues in their daily workflow.

The agreement also offers Checkpoint subscribers access from any location within Checkpoint to the decision tool they need. Other provisions include integration between the decision tools and relevant content on Checkpoint; additional efficiency and accuracy through automated calculations based on specific results; and customizable templates, such as letters and memos, to communicate conclusions and recommendations to clients.

Source:  Accountingtoday.com