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LAS VEGAS - September 16, 2014 - 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 that it is delivering ongoing comprehensive tax, legal and regulatory updates to keep clients, including Embraer SA in Brazil, in compliance with all required Brazilian legislative updates related to Nota Fiscal and Sistema Publico de Escrituracao Digital (SPED).
Rimini Street’s global tax, legal and regulatory team provided Nota Fiscal eletrônica (NF-e 3.10) updates to clients that become effective November 2014. For example, Embraer SA, the third largest airplane manufacturer in the world, is based in Brazil and runs a highly customized SAP environment that required a unique NF-e solution. Rimini Street designed, developed and tested this solution, while also providing support for their SAP environment throughout Embraer’s implementation of this large update. Furthermore, Rimini Street worked directly with the Brazilian government to test the new functionality and helped diagnose and fix software issues originating from the government side. The team will continue to monitor and analyze changes to Nota Fiscal and has already planned an update release in November to accommodate the Brazilian government’s changes to this legislation.
“Rimini Street worked with our team extensively to provide a comprehensive and accurate solution to the Nota Fiscal updates that we were able to successfully implement months ahead of when it was required by law,” said Alexandre Baulé, Chief Information Officer at Embraer. “I appreciate their consistent efforts to help us maintain our tax and regulatory compliance.”
In addition, Rimini Street is working with clients impacted by the extensive changes to SPED, effective in 2015. With approximately 44 specifications required for SPED updates, Rimini Street is working to have all deliveries ready for testing by February 2015 to meet Brazilian government requirements.
"Rimini Street's veteran team of tax, legal and regulatory specialists has helped clients who are based in and operate from Brazil maintain compliance with the ongoing tax, legal and regulatory changes, including Nota Fiscal and SPED," said Paul Henville, Rimini Street group vice president, global development. "Through Rimini Street's innovative, proven combination of research technology, advanced methodologies and ISO-certified processes, our clients can rely on us to deliver updates that keep their real-time, mission-critical business processes running around the world."
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 2,000 government web sites and over 3,100 information sources for 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. 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 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.
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