TRI - Thomson Reuters' indirect tax software rolls out on Oracle Cloud Infrastructure

Business information services provider Thomson Reuters ([[TRI]] +1.3%) has rolled out its ONESOURCE indirect tax software on Oracle Cloud Infrastructure ((OCI)) ([[ORCL]] +1.9%).The companies have agreed to jointly market and co-sell ONESOURCE and other cloud-native solutions as part of a partnership designed to expand Thomson Reuters' existing global footprint.Thomson Reuters is a member of the Oracle PartnerNetwork ((OPN)) and its solutions are available in the Oracle Cloud Marketplace. The company's ONESOURCE enterprise cloud solutions provide businesses with access to a single, unified tax and trade engine that automates the ever-evolving tax landscape.ONESOURCE Indirect Tax Determination, powered by Oracle Cloud Infrastructure, will enable users to tackle tax calculations. OCI's built-in security and superior price-performance will enable users to automate their transactions without having to worry about capacity constraints.Thomson Reuters will also build out the application on Oracle Autonomous Database to help elevate performance and simplify processes with a cloud-first solution.

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Thomson Reuters' indirect tax software rolls out on Oracle Cloud Infrastructure