Thomson Reuters Helps Companies Automate Trade Management in Latin America
KPMG becomes first Certified Implementer Program for global trade management suiteOctober 8, 2014
Washington, D.C. – Thomson Reuters and KPMG LLP, the U.S. audit, tax and advisory services firm, today announced a pairing of services and technology to help companies moving goods across borders in Latin America comply with trade and customs regulations.
The announcement follows the Thomson Reuters acquisition of Softway, a leading provider of global trade management software solutions across Latin America. Softway solutions helps enable companies to automate and manage complex global trade processes, comply with customs regime protocols, and help ensure tax and tariff compliance. Combined with Thomson Reuters ONESOURCE global indirect tax and transfer pricing solutions, Softway is the leader in trade compliance management in Latin America.
With KPMG on board as the first member of the Certified Implementer Program for the Thomson Reuters Softway global trade management suite, this new combination of services and tools is now being applied to cross-border trade compliance management in Latin America.
“Effective trade management practices are increasingly critical for global companies trying to minimize supply chain disruptions, keep costs down and reduce operation complexity,” said Doug Zuvich, Partner, Global Trade, KPMG. “When we align KPMG’s experience delivering trade and customs services with Thomson Reuters Softway technology, we offer a powerful solution for global trade management in Latin America today.”
“The ability of KPMG to offer a full range of trade compliance policy and process services combined with the ability to implement our Softway suite, helps ensure an efficient global trade management automation experience available for our customers,” said Taneli Ruda, Managing Director, Global Trade & Customs, for the Tax & Accounting business of Thomson Reuters. “By working with a collaborative team of KPMG professionals and Thomson Reuters technology experts, clients can feel confident that their trade compliance needs will be met with leading software and processes.”
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 and risk, legal, tax and accounting, intellectual property and science and media markets, powered by the world’s most trusted news organization. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges (symbol: TRI). For more information, go to www.thomsonreuters.com
About KPMG LLP
KPMG LLP, the audit, tax and advisory firm (www.kpmg.com/us), is the U.S. member firm of KPMG International Cooperative (“KPMG International”). KPMG International’s member firms have 155,000 professionals, including more than 8,600 partners, in 155 countries.