Experian Data Quality, a part of Experian Marketing Services and a leading provider of contact data management software and services, today announced that Thomson Reuters now will offer its address verification software directly to customers. This product addition will allow users of Thomson Reuters ONESOURCE Indirect Tax software to improve address data quality in their SAP and Oracle systems for consistently accurate data throughout the financial process.
“The ONESOURCE Indirect Tax Determination engine has always offered its customers the highest degree of accuracy by leveraging address data and working with any address cleansing solution,” said Carlo Cautilli, vice president of sales, ONESOURCE Indirect & Property Tax with Thomson Reuters. “We can now offer deeper validation directly to our ONESOURCE customers who opt in to this Experian tool by cleansing addresses at the street level in their SAP and Oracle systems. The rest of their business will benefit from clean addresses as they are utilized across their business for billing, contracts, delivery, etc.”
Experian Data Quality address verification will be sold by Thomson Reuters to customers using Oracle E-Business Suite and SAP ERP solutions, which integrates with ONESOURCE Indirect Tax determination software, to ensure an accurate address is verified and standardized upon input. The improved data quality enables Thomson Reuters to better calculate the accurate tax rate on orders processed through the ERP system.
“Tax calculations rely on precise address data. Our recent research has found that the average U.S. business believes a quarter of its database is inaccurate, meaning that it can be very challenging to assess the appropriate tax rates,” said David Northridge, vice president of client retention, Experian Data Quality. “We are excited to work with Thomson Reuters and provide our tool to their customers to mitigate some of these common data issues.”
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. 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. For more information, go to http://www.thomsonreuters.com.
About Experian Data Quality
Experian Data Quality is a global leader in providing data quality software and services to organizations of all sizes. We help our clients to proactively manage the quality of their data through world-class validation, matching, enrichment and profiling capabilities. With flexible software-as-a-service and on-premise deployment models, Experian Data Quality software allows organizations around the world to truly connect with their customers by delivering intelligent interactions, every time.
Established in 1990 with offices throughout the United States, Europe and Asia Pacific, Experian Data Quality has more than 13,500 clients worldwide in retail, finance, education, insurance, government, healthcare and other sectors. For more information, visit http://www.edq.com.
About Experian Marketing Services
Experian Marketing Services is a global provider of integrated consumer insight and targeting, data quality and cross-channel marketing. We help organizations from around the world intelligently interact with today’s dynamic, empowered and hyperconnected customers. By coordinating seamless interactions across all marketing channels, marketers are able to plan and execute superior brand experiences that deepen customer loyalty, strengthen brand advocacy and maximize profits.
For more information, please visit http://www.experian.com/marketingservices.
Experian® is the leading global information services company, providing data and analytical tools to clients around the world. The Group helps businesses to manage credit risk, prevent fraud, target marketing offers and automate decision making. Experian also helps individuals to check their credit report and credit score, and protect against identity theft.
Experian plc is listed on the London Stock Exchange (EXPN) and is a constituent of the FTSE 100 index. Total revenue for the year ended March 31, 2013, was US$4.7 billion. Experian employs approximately 17,000 people in 40 countries and has its corporate headquarters in Dublin, Ireland, with operational headquarters in Nottingham, UK; California, US; and São Paulo, Brazil.
For more information, visit http://www.experianplc.com.
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