Oracle OpenWorld, San Francisco, CA (PRWEB) October 02, 2014
Taxware, a global provider of sales, use and value added tax (VAT) compliance software and services, today announced that it has achieved Oracle Validated Integration of TWE 8.4 with Oracle E-Business Suite 12.2. Taxware has also attained Gold level membership in Oracle PartnerNetwork (OPN), and as a result is recognized by Oracle for their commitment to establish Oracle-related knowledge in calculating transaction taxes for sales, purchases and services.
To achieve Oracle Validated Integration, Oracle partners are required to meet a stringent set of requirements that are based on the needs and priorities of the customers.
“Achieving Oracle Validated Integration gives our customers confidence that the integration between TWE 8.4 and Oracle E-Business Suite 12.2 is functionally sound and performs as tested,” said Kevin O’Brien, Senior Director, ISV and SaaS Strategy, Oracle. “For solutions deployed on-premise, in the cloud, or both, Oracle Validated Integration applies a rigorous technical review and test process that helps to reduce deployment risk and improves the user experience of the partner’s integrated offering.”
“Taxware is proud to have met the requirements to achieve Oracle Validated Integration,” said Andy Hovancik, CEO of Taxware. “It is a testament to our commitment to our ongoing efforts to continuously improve our product and service offerings.”
Through this integration, Oracle E-Business Suite 12.2 users can access Taxware’s determination and reporting tools that can streamline compliance processes by helping:
- Increase accuracy
- Mitigate audit risk
- Streamline processes for maintenance of Taxware systems
- Minimize manual effort to prepare tax returns
The Taxware Enterprise interface is comprised of a PL/SQL adapter that calls a Taxware SOAP service to invoke Taxware Enterprise for geocode lookup, tax calculation, and reporting.
Taxware is a leading provider of sales, use and value-added tax compliance software, with more than 34 years of experience in the transaction tax compliance business. Whether your business is conducted within the U.S. or around the world, Taxware has software, filing and compliance solutions you need to help get it right. Taxware can integrate with your ERP, POS system, custom-billing application or web store, maximizing your business’ bottom line.
With a comprehensive repository of more than 210 million tax rules, Taxware tracks and analyzes tax law changes in approximately 13,000 state and local jurisdictions in the U.S. and nearly 200 countries around the world. Taxware is known for having reliable and robust tax research and world-class technology.
Taxware is a true end-to-end solution, providing clients with the products and services they need to determine the correct rate for Sales, Use, and Value-Added tax compliance. The combination of tax content, software and managed services provides clients with a single partner to achieve a new level of accuracy and compliance while dramatically streamlining global indirect tax operations.
For more information, please visit http://www.taxware.com.
About Oracle Validated Integration
Oracle Validated Integration, available through the Oracle PartnerNetwork (OPN), gives customers confidence that the integration of complementary partner software products with Oracle Applications and specific Oracle Fusion Middleware solutions have been validated, and the products work together as designed. This can help customers reduce risk, improve system implementation cycles, and provide for smoother upgrades and simpler maintenance. Oracle Validated Integration applies a rigorous technical process to review partner integrations. For more information, please visit Oracle.com at http://www.oracle.com/us/partnerships/solutions/index.html.
About Oracle PartnerNetwork
Oracle PartnerNetwork (OPN) Specialized is the latest version of Oracle's partner program that provides partners with tools to better develop, sell and implement Oracle solutions. OPN Specialized offers resources to train and support specialized knowledge of Oracle products and solutions and has evolved to recognize Oracle's growing product portfolio, partner base and business opportunity. Key to the latest enhancements to OPN is the ability for partners to differentiate through Specializations. Specializations are achieved through competency development, business results, expertise and proven success. To find out more visit http://www.oracle.com/partners.
Oracle and Java are registered trademarks of Oracle and/or its affiliates. Taxware is a registered trademark of Taxware, LLC.
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