Rimini Street, Inc., the leading independent provider of enterprise
software support for SAP AG’s (NYSE: SAP) Business
Suite and BusinessObjects
software and Oracle Corporation’s (NYSE: ORCL) Siebel,
PeopleSoft,
JD
Edwards, E-Business
Suite, Oracle
Database, Oracle
Middleware, Hyperion
and Oracle
Retail software, today announced delivery of the next set of 2015
tax, legal and regulatory updates. The updates include the 2015-B update
for PeopleSoft clients, which were delivered ahead of the vendor’s own
scheduled delivery date for similar updates, as well as updates for
Oracle E-Business Suite, JD Edwards and SAP releases, as needed. The
updates provide clients with significant new tax, legal and regulatory
changes required for the U.S., Canada, Australia, Belgium, Brazil,
Japan, Malaysia, Mexico, New Zealand and the UK. Rimini Street offers
clients accurate deliverables with the industry’s fastest
“legislature-to-live”SM update delivery cycle through an
innovative combination of a patent-pending tax, legal and regulatory
update process, as well as proven methodologies and ISO 9001-certified
development processes.
Updates for U.S. and Canada
In the U.S. and Canada, Rimini Street updates included numerous tax,
legal and regulatory changes required by the Internal Revenue Service,
as well as various state, local and governmental agencies.
For clients in the U.S., Rimini Street delivered tax, legal and
regulatory updates at the federal, state and local levels. At the U.S.
federal and state government levels, Rimini Street provided updates for
withholding tax rate changes, new standard deduction and allowance
amounts, minimum wage increases, taxable gross definition updates and
garnishment rule changes for tax jurisdictions across the country. In
addition, quarterly wage file and annual reporting updates were included.
At the U.S. local government levels, Rimini Street provided dozens of
updates for municipalities in Indiana, Kentucky, Ohio and Pennsylvania.
For U.S. territories, year-end reporting updates were delivered for
Puerto Rico, as well as an unemployment insurance taxable wage base
update for the U.S. Virgin Islands.
For clients in Canada, Rimini Street delivered final changes for annual
reporting and electronic filing to enable clients to successfully
complete all 2014 Canadian year-end processing.
Updates for Countries in Asia-Pacific, Europe and Latin America
With tax, legal and regulatory delivery capabilities for nearly 200
countries, Rimini Street recently provided many required updates to its
global clients, including those in Australia, Belgium, Brazil, Japan,
Malaysia, Mexico, New Zealand and the UK.
For example, in Australia, Rimini Street delivered the first phase of
updates related to the SuperStream data and payment standard for Oracle
and SAP clients. The SuperStream standard is required by the Australian
Taxation Office and part of the government’s Super Reform package
affecting all employers. In Belgium, updates included required Intrastat
file changes affecting returns at the Belgian National Bank. In Brazil,
Rimini Street continued to deliver updates related to Nota Fiscal
eletrônica (NF-e). Updates for Japan included file data changes for
Geppen (monthly revision of standard renumeration), as well as Santei
(annual revision of standard renumeration) files, as required by Japan’s
Pension Authority. In Malaysia, Rimini Street’s updates included changes
related to Malaysian Goods and Services Tax (GST). These were in
addition to the initial set of updates delivered to clients during the
fourth quarter of 2014. Updates in Mexico included payroll tax updates
as well as support for the new financial reporting requirements by the
Mexican Tax Administration Service (SAT). In New Zealand, Rimini Street
delivered Start of Year updates for New Zealand payroll. In the UK,
updates included Oracle and SAP Start of Year changes for UK payroll.
Industry-Leading Tax, Legal & Regulatory Research and Technology
Rimini
Street’s tax, legal and regulatory strategy and scoping team is made
up of veteran tax specialists, attorneys and international tax, legal
and regulatory professionals who use advanced technology and numerous
government and private-sector sources to monitor, collect and verify
tax, legal and regulatory changes. These sources include more than 2,200
government web sites and nearly 3,200 information sources covering more
than 26,000 localities in nearly 200 countries.
Rimini Street also participates as a member in many prominent tax, legal
and regulatory associations around the world, including the American,
Canadian, United Kingdom and Australian Payroll Associations, the
American Bar Association Section of Taxation, the Financial Executives
International Association, The Tax Council and the Tax Executives
Institute. The innovative combination of technology, proven methodology
and ISO 9001 quality processes consistently assures the fastest
“legislature-to-live”SM update delivery cycle and highest
quality deliverables in the industry.
“Rimini Street clients continue to receive accurate and robust tax,
legal and regulatory updates to successfully meet their mission-critical
and compliance requirements,” said Paul Henville, Rimini Street Group VP
of Global Product Delivery. “With capability across nearly 200
countries, we have delivered more than 90,000 global updates to date
through our ISO-certified development processes, and will continue to
expand our investment and commitment to providing the most comprehensive
tax, legal and regulatory service in the industry.”
About Rimini Street, Inc.
Rimini Street is the leading independent provider of enterprise software
support services. The company is redefining enterprise support services
with an innovative, award-winning program that enables Oracle and SAP
licensees to save up to 90 percent on total support costs over a decade,
including saving 50 percent on their annual support fees. Clients can
remain on their current software release without any required upgrades
or migrations for at least 15 years after switching to Rimini Street.
Hundreds of clients, including global, Fortune 500, midmarket, and
public sector organizations from across a broad range of industries have
selected Rimini Street as their trusted, independent support provider.
To learn more, please visit www.riministreet.com or
call within the USA 888-870-9692 or internationally +1 702-839-9671.
Rimini Street and the Rimini Street logo are trademarks of Rimini
Street, Inc. All other company and product names may be trademarks of
their respective owners. Copyright © 2015. All rights reserved.
Copyright Business Wire 2015