LONDON, (May 15, 2019) — Thomson Reuters today announced it has formed a strategic partnership with Pagero Group to share Pagero’s e-invoicing and continuous transaction control (CTC) capabilities and Thomson Reuters ONESOURCE tax determination and indirect compliance capabilities.
“We are excited to join forces, as we believe that the unique capabilities of both companies and our solutions complement each other well for the benefit of our customers. We share the same view – that customers can focus on doing business and let Thomson Reuters and Pagero take care of their regulatory compliance requirements,” said Sarah Robbins, Sales Lead, Europe, for the Corporates customer segment of Thomson Reuters and Nazar Paradivskyy, VP Compliance at Pagero.
In the ever-changing world of indirect tax regulations and governments extending their digital footprint, companies need an agile technology platform coupled with expert consulting services to maintain local compliance with cross-border operations.
This new partnership combines Thomson Reuters ONESOURCE Indirect Tax’s automation and accuracy across tax and finance workflows with Pagero’s open, cloud-based business network for automated exchange of business documents across Accounts Payable and Accounts Receivable processes.
Together, this will enable our mutual customers to address their compliance needs more efficiently and effectively, by providing multiple benefits, including CTC – such as mandatory business-to-government (B2G) e-invoicing and e-ordering, Pan European Public Procurement Online (PEPPOL), invoice clearance and real-time transaction reporting – as well as post-invoice periodic and ad-hoc reporting, including SII and SAF-T.
We believe business should be easy. That’s why we are building the world’s largest, open business network. With our cloud-based network, you can reach any business, anywhere in the world – no matter how many borders your operations may cross. We take care of the technical and regulatory requirements across your entire order-to-cash, purchase-to-pay and freight processes, to give you data accuracy and security, transparency and real-time visibility. All this through a single connection.
One connection – global reach
About Thomson Reuters
Thomson Reuters is the world’s leading provider of news and information-based tools to professionals. Our worldwide network of journalists and specialist editors keep customers up to speed on global developments, with a particular focus on legal, regulatory and tax changes. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges. For more information on Thomson Reuters, visit tr.com and for the latest world news, reuters.com.
VP Compliance and Interoperability, Pagero
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Director, Communications, Thomson Reuters
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