THOMSON REUTERS LINKS TAX SOFTWARE WITH ORACLE 12

New York - The Tax & Accounting business of Thomson Reuters has improved the integration between its corporate tax software and Oracle's latest business management software. The company released its latest version of the onesource Indirect Tax Integration (formerly known as the Sabrix Integration) for Oracle E-Business Suite Release 12, Version 5.3. Building on previous integration with Oracle Release 12, the latest version provides support for global transaction tax management covering sales, use and value-added tax across order-to-cash and procure-to-pay processes for multinational companies.

 

FIRMS NEED TO ADOPT NEW TECHNOLOGIES

Laguna Hills, Calif. - CPAs in the nation's largest firms agreed that they need a faster rate of adoption of new technologies such as cloud services, portable scanners and workflow tools to provide even greater client service and maintain a more productive staff, according to a new study of top accounting firms conducted by Bay Street Group and sponsored by the CloudSolutions Alliance.

Initial results of the study, released in November 2010, found that 94 percent of the respondents said that their firms are perceived by clients as technologically savvy when they adopt paperless and cloud-based technologies to speed up productivity.

 

CHROMETA UNVEILS CLOUD APP

Sacramento, Calif. - Productivity and time-capture solutions provider Chrometa has released a cloud-based product designed to help accountants increase monthly billings and maximize potential revenue. It is designed to remember previous actions and classifications of tasks, including the ability to set keyword-based rules, such as a client's name. As a result, any time a user works on a tax return, audit, compilation, consulting engagement or any other accounting matter with the keyword identified, Chrometa will automatically group the time in the appropriate category.

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