Rimini Street, Inc

Press Releases

Rimini Street Issues Next Set of 2017 Global Tax, Legal and Regulatory Updates for North America, Europe, Latin America and Asia-Pacific

10/3/2017

Tax, legal and regulatory updates issued for client operations, leveraging proven ISO 9001-certified development processes

LAS VEGAS, October 3, 2017Rimini Street, Inc., a global provider of enterprise software products and services, and the leading independent support provider for Oracle and SAP software products, today announced delivery of the next set of scheduled, mission critical, global tax, legal and regulatory updates for 2017. The Company delivered updates to Rimini Street’s PeopleSoft, SAP, Oracle E-Business Suite and JD Edwards clients operating throughout North America, Asia-Pacific, Europe and Latin America.

Rimini Street delivers its tax, legal and regulatory updates using an innovative combination of a patent-pending tax, legal and regulatory technology, a proven methodology, and ISO 9001-certified development processes to ensure clients receive accurate, high-quality deliverables. The Company has issued more than 140,000 tax, legal and regulatory updates to date.

Updates for the United States and Canada

In the United States and Canada, Rimini Street provided tax, legal and regulatory updates required by the Internal Revenue Service and the Canada Revenue Agency, as well as federal, state, local and territory governments. At the U.S. federal government level, Rimini Street delivered updates related to the IRS 1099 forms, Employer Information (EEO-1) Report as well as W2 and Tax Table updates, amongst several others. As a key differentiator in Rimini Street services, the Company continued to deliver only client applicable, state specific updates, including local tax rate changes and updates for Paid Family Leave. For clients in Canada, Rimini Street delivered 2017 Budget and Income Tax changes.

Updates for Asia-Pacific, Europe and Latin America

Rimini Street has tax, legal and regulatory delivery capabilities for nearly 200 countries, and this most recent delivery encompasses a wide global scope, including updates for clients located in Australia, Brazil, India, Ireland, Italy and the United Kingdom.

The following highlight a sample of updates that Rimini Street delivered to clients:

  • For Asia-Pacific, multiple updates to support country-specific Payroll tax filing modifications and reporting such as the End of Financial Year Payroll changes including Tax File Number (TFN) reporting and further updates on the new Goods and Services Tax (GST) legislation.
  • For Europe, delivered payroll reporting changes as well as public sector payroll changes and updates for VAT Control Statements.
  • For Latin America, delivered Nfe (electronic invoice) changes, which are effective October 2018.

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 3,400 government web sites and close to 3,500 information sources covering more than 26,000 localities in nearly 200 countries. 

Rimini Street also participates in, and is a member of, 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.

“In conjunction with the premium-level support clients receive from Rimini Street, our clients have confidence in our veteran specialists and attorneys providing key tax, legal and regulatory updates to assist in keeping their current applications compliant and supported without required upgrades for a minimum of 15 years,” said Paul Henville, group vice president, Global Product Delivery, Rimini Street. “More than 140,000 tax, legal and regulatory updates have been delivered by Rimini Street to date using our patent-pending research technology and proven methodology.”

About Rimini Street, Inc.

Rimini Street is a global provider of enterprise software products and services, and the leading independent support provider for Oracle and SAP software products. The company has redefined enterprise software support services since 2005 with an innovative, award-winning program that enables licensees of IBM, Microsoft, Oracle, SAP and other enterprise software vendors to save up to 90 percent on total support costs. Clients can remain on their current software release without any required upgrades for a minimum of 15 years. Over 1,330 global Fortune 500, midmarket, public sector and other organizations from a broad range of industries currently rely on Rimini Street as their trusted, independent support provider. To learn more, please visit http://www.riministreet.com, follow @riministreet on Twitter and find Rimini Street on Facebook and LinkedIn.  

Forward-Looking Statements

This press release may contain forward-looking statements. The words "believe," "may," "will," "plan," "estimate," "continue," "anticipate," "intend," "expect," and similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to risks and uncertainties, and are based on various assumptions. If the risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. Rimini Street assumes no obligation to update any forward-looking statements or information, which speak only as of the date of this press release.

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