Science & Technology
Science and Technology
Science and Technology
Fri, May 21, 2010
Thu, May 20, 2010 
ORLANDO, Fla.--([ BUSINESS WIRE ])--SAP Sapphire 2010
"Providing a full-service support and tax compliance offering for SAP Payroll that includes a U.S. withholding calculation engine ensures that our clients will get the highest quality tax compliance solution available at more than a 50 percent annual savings"
Rimini Street, Inc., the leading third-party maintenance and support provider for enterprise software, including Oracle Corporationa™s (NASDAQ: ORCL) [ Siebel ], [ PeopleSoft ], and [ JD Edwards ]software, and [ SAP AG ](NYSE:SAP) software, today announced its new U.S. tax engine for SAP Payroll, which will perform agross-to-neta withholding calculations for U.S. payroll taxes. The new solution will enable Rimini Street clients to replace third-party products like BSI TaxFactorya" and utilize Rimini Street as a single provider for SAP Payroll support and processing for U.S.-based employees.
The Rimini Street payroll tax engine uses Rimini Streeta™s comprehensive tax, legal and regulatory data to calculate withholding taxes for U.S. federal and FICA (Social Security and Medicare); state withholdings for all 50 states and territories; and thousands of local jurisdictions.
The tax engine for SAP Payroll is offered as an integrated component of Rimini Streeta™s industry-leading tax, legal and regulatory update service, which provides all the necessary updates for organizations to remain in global legal and financial compliance. To ensure timely and accurate updates, Rimini Streeta™s tax, legal and regulatory team works directly with government organizations, secondary sources, and tertiary sources to identify, analyze, and make available compliance updates for 190 countries.
aProviding a full-service support and tax compliance offering for SAP Payroll that includes a U.S. withholding calculation engine ensures that our clients will get the highest quality tax compliance solution available at more than a 50 percent annual savings,a said Seth Ravin, Rimini Street CEO and President. aRimini Street is committed to making valuable new products and services available to our clients that significantly reduce the heavy cost and labor burden of global tax, legal and regulatory compliance and that integrate seamlessly with their Rimini Street Support.a
About Rimini Street, Inc.
Rimini Street is the leading third-party provider of enterprise software support services. The company is redefining enterprise support services with an innovative, award-winning program that enables Siebel, PeopleSoft, JD Edwards, and SAP licensees to save at least 50% in annual support fees and save up to 90% in total support costs over a decade. Clients can remain on their current software release without any required upgrades or migrations through the next decade and beyond. Hundreds of Global, Fortune 500, midmarket, and public sector organizations from virtually all industries have selected Rimini Street as their trusted, software vendor 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 © 2010. All rights reserved.
