SOURCE: Thomson Reuters

Thomson Reuters

April 29, 2010 09:03 ET

Sabrix Selected as 2010 SAP® Pinnacle Award Finalist

SAN RAMON, CA--(Marketwire - April 29, 2010) -  The Tax & Accounting business of Thomson Reuters today announced that Sabrix has been selected as a finalist for the 2010 SAP® Pinnacle Awards in the "Software Solution Newcomer of the Year" category, reinforcing its position as one of SAP's leading partners. In the past two years, Thomson Reuters - Sabrix has gained much momentum as a committed SAP software solution partner through its engagement in the SAP PartnerEdge™ program, participation in the SAP EcoHub solution marketplace, and involvement in driving campaigns with SAP.

SAP Pinnacle Awards are granted to leading SAP partners that have excelled in developing their partnership with SAP and their mutual business by providing high-quality products, solutions and services to customers. After carefully reviewing more than 230 nominations, SAP announced finalists in 10 award categories. Sabrix was named in the software category. The winners will be announced during a special awards ceremony to be held on the eve of SAPPHIRE® NOW, SAP's international customer conference being held in Orlando, Fla., May 16-19.

"With hundreds of global tax changes in Q1 2010 alone, businesses are increasingly relying on software solutions to help manage the growing complexity of the sales, use and value-add tax process," said Eric Ruud, vice president of Enterprise Sales and Partners, Sabrix, part of the Tax & Accounting business of Thomson Reuters. "To that end, we are not only excited to be selected as a finalist for the prestigious 2010 SAP Pinnacle Awards, but also especially honored to be selected as a software solution innovator. This latest nomination recognizes our ongoing commitment to build, maintain and support global transaction tax solutions closely integrated with SAP applications to serve SAP customers of all sizes."

Sabrix provides best-in-class sales and use tax technology as well as the most extensive integration so customers can cost-effectively consolidate their sales and use tax operations to achieve a higher degree of compliance. In addition, the company offers a managed outsourced solution, Sabrix MTS, which combines an on-demand version of the same trusted tax platform that powers over $1.7 trillion in transaction taxes for companies worldwide, service from a multidisciplinary team of tax experts, and SAS 70 certified processes.

Further information on the SAP Pinnacle Awards can be found at: http://www.sap.com/ecosystem/partners/recognitionprograms/pinnacle-awards/2010-program.epx.

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The Tax & Accounting business of Thomson Reuters is the leading provider of technology and information solutions, as well as integrated tax compliance software and services to accounting, tax and corporate finance professionals in accounting firms, corporations, law firms and government. Headquartered in New York, Tax & Accounting has major operations in Dallas, Ann Arbor (Michigan), London, Sydney, and Toronto, and offices in nine countries. For more information, go to http://thomsonreuters.com/products_services/taxacct/.

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