Tax & Accounting Blog

Concur and Thomson Reuters Announce New Integration of Concur Invoice and ONESOURCE Indirect Tax

Blog, Indirect Tax, ONESOURCE, Sales and Use Tax, Sales Tax Calculation November 21, 2014

Bridge-between-the-Re-Island-and-La-Roche-150x107BELLEVUE, Wash., -November 20, 2014 – Concur, the world’s leading provider of spend management solutions, today announced a new integration with Thomson Reuters cloud-based ONESOURCE™ Indirect Tax solution to maximize efficiency and savings for AP departments. Concur Invoice customers can now easily calculate tax amounts charged by their vendors while managing the entire tax lifecycle.

Concur customers utilizing ONESOURCE Indirect Tax can now execute tax determinations on vendor invoices quickly and securely via the cloud and benefit from monthly, automatic updates to tax rates and rules resulting in increased tax calculation accuracy. Through a cloud-to-cloud connection, customers are provided a more efficient and cost effective way to ensure compliance with corporate tax regulations.

Read press release here