Governments change tax, export and import, and accounting rules quite often. It’s a dynamic environment and the cost and risk of non-compliance can be steep. Applying generic bundles of tax and regulatory updates (which include unneeded changes) can cost millions of dollars annually and tie up IT staff on non-productive activities. Here's an alternative route to efficiently navigate the ever-changing roads of tax, legal, and regulatory compliance.
The need for tax, legal, and regulatory (TL&R) updates is one of the biggest drivers of vendor upgrades and migrations — often required just so customers can continue to receive TL&R updates. Rimini Street provides tailored, proven TL&R updates without any required upgrades or migrations. Rimini Street has defined and built a highly comprehensive, thorough, and rigorous process for sourcing and delivering TL&R updates to clients seeking software compliance.
Rimini Street tax, legal, and regulatory updates help organizations of any size, from any industry, and from anywhere in the world keep their applications up to date and compliant. Rimini Street immediately identifies, verifies, scopes, codes, tests, custom-packages, and delivers the latest updates for quick implementation. The focus of the Rimini Street approach is quality and personalized service, so clients receive only the software compliance updates they need for their unique systems and environments.
Organizations often struggle to keep up with constant compliance changes in the abbreviated timeframes of complex modules (such as payroll). Rimini Street delivers the highest-quality updates to clients and does so, on average, several days earlier than software vendors — in scenarios where hours and even minutes matter. Achieving this requires Rimini Street software compliance services professionals to work with the world’s local, state, provincial, and national governments — as well as with major tax and regulatory services. This unique methodology results in high-quality deliverables for enterprises and the fastest “Legislature-to-Live”TM update delivery cycle in the industry.
Rimini Street is the leader in independent, third-party software support. Experts are on the front line, every time, proactively and efficiently updating clients on vital compliance issues. Rimini Street Global Tax, Legal, and Regulatory Update Services help clients of all sizes in hundreds of countries and a multitude of industries keep their applications up to date and compliant with the latest tax, legal, and regulatory changes.
Continuous source monitoring of constantly changing TL&R requirements enable Rimini Street to help keep client applications compliant. A dedicated team of Country Research Specialists identifies and verifies requirements on a global basis including researching thousands upon thousands of government sites and information sources covering localities worldwide. Through an innovative combination of patent-pending tax, legal, and regulatory research technology, plus proven methodologies and ISO 9001:2008 certified development processes, Rimini Street provides accurate updates with the fastest "Legislature-to-Live™" delivery cycle in the industry.
Rimini Street’s dedicated TL&R team includes veteran tax specialists, Certified Public Accountants (CPAs), Certified Payroll Professionals (CPPs), attorneys, and executives. They offer a blend of international tax, legal, and regulatory expertise combined with senior-level tenure at some of the world’s most respected and prestigious financial services and consulting organizations.
Client compliance with ever-changing tax, legal, and regulatory requirements becomes turnkey with Rimini Street Global Tax, Legal and Regulatory Update Services, including a single source of truth for tax, legal, and regulatory updates worldwide; human resources changes; transaction tax changes; and financial regulatory changes. Client internal teams are freed from the arduous processes of global compliance maintenance, instead allowing for a focus of time, effort, and monetary resources on business-building IT efforts.
“There is a massive amount of technology involved, but the most important thing is how it impacts peoples’ lives.
It was refreshing to engage with a company that is really motivated and enthusiastic to go above and beyond to provide the needed support and help solve our problems.”
“[W]ithout the right people, you have nothing. In the end, it’s all about the people you have on your team, and we have a great team.
One of the key components to realizing the vision was identifying a services provider that had a great track record of providing quality support and be willing to help take on the challenge of revitalizing MWRD’s environment. Rimini Street was that partner.”
“As a result of the cost savings that we obtained by partnering with Rimini Street, we are able to invest in innovations that lead to business growth and at the same time ensure we remain competitive in the industry.
I was impressed by how professional and well-organized the onboarding process was. It was executed with care, high-quality of work, and commitment to our success. ”
Rimini Street tax, legal and regulatory updates help organizations of all sizes keep their applications up to date and compliant. Rimini Street ensures that the latest updates are immediately identified, verified, scoped, coded, tested, custom-packaged and delivered to you.
Enterprises with multiple ERPs may want to pursue consolidation to gain technology standardization and deliver cost savings. CIOs considering this should undertake a strategic approach and employ ERP consolidation best practices to achieve greater organizational success than IT cost savings alone. In this research report, Gartner discusses key findings around ERP consolidation and provides four recommendations for CIOs to attain higher-order benefits for the enterprise, both at the completion of the consolidation and beyond. Our key learnings: A single large ERP solution with standard functionality will likely not meet all of your organization’s requirements. ERP consolidation efforts can too often focus on technical simplification. A better approach maintains enterprise value, gains flexibility, and delivers both standardization and competitive advantages. An ERP consolidation effort focused exclusively on cost savings will often overlook opportunities to identify and track transformational benefits that are not cost-related. A composable approach to ERP consolidation facilitates common solutions for common functional requirements across the enterprise, while also driving greater efficiency and cost savings within the operating structure. For the full analysis, actionable recommendations for IT leaders, and ERP consolidation best practices, download this complimentary Gartner research report. Reference: Gartner, Inc. “Four Drivers of a Successful ERP Consolidation.” August 9, 2021, Dixie John, Denis Torii Gartner is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.
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