Taxware And Oracle Team Up To Offer Integrated Tax Calculation And Compliance Software

Taxware has integrated its tax calculation and compliance software with Oracle's PeopleSoft Enterprise version 8.9., making it the first time a tax provider teamed up with Oracle to offer an integrated product. "With Taxware Enterprise, businesses can more quickly implement

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Taxware has integrated its tax calculation and compliance software with Oracle’s PeopleSoft Enterprise version 8.9., making it the first time a tax provider teamed up with Oracle to offer an integrated product.

“With Taxware Enterprise, businesses can more quickly implement a single tax solution that is automatically updated for thousands of jurisdictions in more than 150 countries,” said Tony Chavez, vice president of Enterprise Solutions at Taxware. “Our mission is to be the clear choice for global companies that need to calculate taxes accurately and bring themselves into compliance with rapidly changing corporate governance initiatives.”

Taxware Enterprise version 4.3 provides integrated, pre-configured financial and tax compliance solutions for users of Oracle’s PeopleSoft Enterprise 8.9 Financial Management, including payables, and Oracle’s PeopleSoft Enterprise 8.9 Supply Chain Management including order management, billing, and purchasing.

The software targets mid- to large-size enterprises, and determines the sales and use tax liabilities for more than 8,000 state and local jurisdictions in the US. In addition to the sales and use tax component of Taxware Enterprise that has received validation, Taxware Enterprise also helps determine Value Added Tax (VAT) and other consumption taxes for more than 150 countries worldwide.

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