Thomson Reuters Successfully Completes the Oracle E-Business Suite 12.2 Beta Program
(Thomson Reuters ONE) -
ONESOURCE Indirect Tax customers can now virtually seamlessly upgrade to the
latest version of Oracle applications
New York, October 10, 2013 - Thomson Reuters today announced the successful
completion of the Oracle E-Business Suite 12.2 beta program. Based on the
company's long-standing membership in Oracle PartnerNetwork (OPN), Thomson
Reuters participated in the beta program for its ONESOURCE Indirect Tax
solution, which is designed to enable mutual customers to immediately upgrade to
the latest version of Oracle E-Business Suite 12.2.
Oracle E-Business Suite 12.2 introduces Online Patching to help dramatically
reduce maintenance downtimes, helping companies ensure the high availability of
the mission-critical systems running their global operations. Working alongside
Oracle, Thomson Reuters installed, configured, tested, and provided feedback on
Oracle E-Business Suite 12.2 prior to the public release, which was made last
month.
Already known as global indirect tax innovators, with the patented Universal Tax
Engine®, this latest news reinforces Thomson Reuters' commitment to being one of
the first to market with the latest technology - whether through integration
with complementary technology providers or via innovation of its award-winning
tax solutions.
The major Oracle E-Business Suite 12.2 testing activities included:
* Installation and upgrade of Oracle E-Business Suite 12.2.
* Online patching of Oracle E-Business Suite 12.2 database and application
tier servers, while users remained active on the environment to confirm
minimal downtime capabilities.
"Our participation in Oracle's beta program showcases our commitment to the
Oracle family of products," said Stefan Blumer, senior director technology at
Thomson Reuters. "Our mutual customers benefit from the early assurance that
Oracle E-Business Suite 12.2 works easily with the ONESOURCE Indirect Tax
Integration for Oracle 12 and will allow them to upgrade to Oracle E-Business
Suite 12.2 without further delay."
"Oracle's Release 12.2 Online Patching feature is a revolutionary breakthrough
for customers of all sizes, including many of our largest most complex customers
for whom a maintenance downtime is a critical business interruption," said Cliff
Godwin, senior vice president, Oracle Applications Development. "Oracle's
ability to deliver the Online Patching feature was made possible by working with
many valued partners, including Thomson Reuters. We are delighted that the
ONESOURCE Indirect Tax solution is available to our mutual customers."
The ONESOURCE Indirect Tax Integration for Oracle 12 was built by an in-house
team using Oracle integration best practices to enable the determination and
calculation of sales, use, and value-added taxes in the order-to-cash and
procure-to-pay business process. With enhanced flexibility, the integration
enables the passing of additional customer-specific data elements critical for
the accurate determination of usage and taxability within the ONESOURCE suite of
products.
ONESOURCE Indirect Tax is a suite of tax and accounting solutions by Thomson
Reuters developed to help multinational companies effectively and efficiently
comply with the growing complexity of indirect tax requirements around the
world. This includes sales and use tax, VAT, GST, and other industry and country
specific transaction taxes. Thomson Reuters is a Gold level member of Oracle
PartnerNetwork (OPN).
About Thomson Reuters
Thomson Reuters is a leading source of intelligent information for businesses
and professionals. We combine industry experience with innovative technology to
deliver critical information to leading decision makers in the financial and
risk, legal, tax and accounting, intellectual property, 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, go to http://thomsonreuters.com
About Oracle PartnerNetwork
Oracle PartnerNetwork (OPN) Specialized is the latest version of Oracle's
partner program that provides partners with tools to better develop, sell and
implement Oracle solutions. OPN Specialized offers resources to train and
support specialized knowledge of Oracle products and solutions and has evolved
to recognize Oracle's growing product portfolio, partner base and business
opportunity. Key to the latest enhancements to OPN is the ability for partners
to differentiate through Specializations. Specializations are achieved through
competency development, business results, expertise and proven success. To find
out more visit http://www.oracle.com/partners.
Trademarks: Oracle is a registered trademark of Oracle and/or its affiliates.
CONTACT
Aimee Quemuel
415-753-9005
aimee(at)codeycommunications.com
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Thomson Reuters Corporation via Thomson Reuters ONE
[HUG#1734857]
Unternehmensinformation / Kurzprofil:
Datum: 10.10.2013 - 16:47 Uhr
Sprache: Deutsch
News-ID 304880
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Kategorie:
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"Thomson Reuters Successfully Completes the Oracle E-Business Suite 12.2 Beta Program"
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