Sun, Feb 26, 2012, 8:52 AM EST - U.S. Markets closed

Thomson Reuters Releases Latest Version of its ONESOURCE Property Tax Software

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New robust platform streamlines property tax filing and compliance

New York, January 25, 2012 - Thomson Reuters today announced the release of ONESOURCE Property Tax version 9.5, a Web-based solution and a part of the ONESOURCE platform. The latest version of ONESOURCE Property Tax now supports Microsoft SQL Server to rapidly develop and release future functionality for faster, more efficient filings. Processing 30 million assets and generating 400,000 personal property tax returns annually, ONESOURCE Property Tax Software 9.5 is already the trusted solution used by leading companies such as General Electric, Nestle and Wal-Mart for property tax compliance.

"Knowing how dynamic the property tax landscape is, we wanted to make our solution even more nimble to keep up with the growing needs of our clients," said Chip Ferris, senior director, Technology Solutions for ONESOURCE Property Tax.  "Moving to the Microsoft SQL server environment allows us to provide a more robust platform for rapid development of the features and functionality that our customers demand. In addition, this latest version enables our users to access our entire suite of ONESOURCE tax and accounting solutions to meet their entire tax compliance needs." 

Key new features of ONESOURCE Property Tax 9.5 include:

  • Intuitive Home Tab for quick and easy access to all the components needed to complete property tax filings.   

  • Tighter integration of the Asset and Tax Center so users can easily toggle between key functionality for streamlined, uninterrupted return preparation and filing.  

  • Support of Microsoft SQL so tax professionals can leverage data from other systems for complete and seamless access to all property tax related information.   

Version 9.5 builds upon ONESOURCE Property Tax`s proven solution that uses innovative data streaming technology to provide the performance of an on-premise enterprise solution, with all the benefits of an online solution, such as 24-hour access anywhere with just a browser, SSAE 16 compliance, and real-time updates with no downloads to install.  In addition, the solution provides instant access to the latest research that is automatically updated as available by each jurisdiction including forms, tax rules, due dates, and assessor addresses.

Pricing and Availability

ONESOURCE Property Tax 9.5 is available now.  Pricing is customized to meet the needs of every company regardless of size or industry.  Additional information can be obtained by visiting http://onesource.thomsonreuters.com/solutions/property-tax/property-tax-us/.  

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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, legal, tax and accounting, healthcare 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 more than 55,000 people and operates in over 100 countries. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges (symbol: TRI - News). For more information, go to www.thomsonreuters.com.

CONTACT

Aimee Quemuel
(415) 753-9005
mailto:aimee@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

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