thomsonreuters 300Complementary Expertise Honored at SuiteWorld Partner Awards Ceremony

Thomson Reuters announced that NetSuite Inc., the industry’s leading provider of cloud-based financials/enterprise resource planning (ERP) and omnichannel commerce software suites, has recognized Thomson Reuters with the NetSuite 2016 SuiteCloud New Partner of the Year Award. The award, announced at SuiteWorld 2016 in San Jose, Calif., honors a NetSuite partner that has helped joint customers grow and acknowledges the close collaboration between Thomson Reuters and NetSuite.

Last year, the two companies entered into a partnership designed to create an integrated solution connecting the NetSuite cloud ERP with Thomson Reuters industry-leading ONESOURCE Indirect Tax product; the integration was introduced to the market in March 2016. The partnership helps companies eliminate the risk and complexity associated with calculating, collecting, reporting and remitting sales, use and value-added taxes. The integration provides small-to-large sized businesses a simple, easy-to-deploy solution for managing the sales and use tax process. It ensures customers no longer need to make manual modifications to enable tax automation, maintain their own tax schedules, independently research tax laws or manually enter tax rates.

About NetSuite
NetSuite Inc. is the industry’s leading provider of cloud-based financials / Enterprise Resource Planning (ERP) and omnichannel commerce software suites. In addition to financials/ERP and omnichannel commerce software suites, NetSuite offers a broad suite of applications, including financial management, ecommerce and retail management, commerce marketing automation and Professional Services Automation (PSA) that enable companies to manage most of their core business operations in its single integrated suite. NetSuite software allows businesses to automate operations, streamline processes and access real-time business information anytime, anywhere.

Source: Thomson Reuters