Thomson Reuters Announces Timesaving Integration Between GoSystem Tax ES™ and Copanion’s Gruntworx Pro™

Automates Time-Consuming Process of Manually Entering Client Data

The Tax & Accounting business of Thomson Reuters announced today that its premier Enterprise Suite™ application, GoSystem Tax ES, now integrates with Copanion’s newly released GruntWorx Pro—Copanion’s next generation web-based tax document automation platform. Copanion technology efficiently “reads” and classifies data from tax source documents with the highest level of accuracy. GoSystem Tax ES then pulls data in to automatically populate returns. The integration between systems further enhances the powerful functionality of GoSystem Tax ES by automating the time-consuming process of organizing and manually entering client data.

“We are always looking for opportunities to extend the interaction between GoSystem Tax ES and advanced third-party products. GruntWorx Pro is an ideal application for source document scanning because of its state-of-the-art technology and exceptional accuracy,” stated Tom Walsh, Senior Vice President, Enterprise Market, Tax & Accounting, Thomson Reuters. “Working with Copanion is another example of Thomson Reuter’s commitment to integration flexibility. Not only do we offer deep and compelling integration among our Enterprise Suite products, but our systems also work proficiently with several value-added third-party applications, like GruntWorx Pro, to expand the efficiencies associated with integrated systems.”

“GruntWorx Pro complements the sophisticated features in GoSystem Tax ES that enterprise tax professionals need to prepare highly complex returns,” said Steven Ladd, CEO of Copanion. “Working together we are delivering a solution that will automate the time-consuming process of organizing and entering tax data for returns that could have hundreds of source documents.

In large firms, where multiple professionals are involved in each return, we can now help standardize the up front data entry portion of workflows. We’re excited to be able to offer these tax document automation capabilities and improve the business of tax preparation with a proven solution like GoSystem Tax ES.”

GoSystem Tax ES is the premier online tax preparation solution for enterprise professionals. Used by 9 of the top 10 firms in the country, it standardizes complex tax preparation within a secure online environment. For more information on GoSystem Tax ES, please visit ES.ThomsonReuters.com.

GruntWorx is the first web-based application to read and classify data from paper-based and PDF files with exceptional accuracy across thousands of variations of complex IRS forms, tax organizers, and brokerage statements. The next generation platform, GruntWorx Pro, adds the ability to extract data from scanned tax documents to automatically populate returns. For more information on GruntWorx Pro, please visit Copanion.com/Go/Pro.

About Thomson Reuters
Thomson Reuters is the world’s leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial, legal, tax and accounting, scientific, healthcare and media markets, powered by the world’s most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs more than 50,000 people in 93 countries. Thomson Reuters shares are listed on the New York Stock Exchange (NYSE: TRI); Toronto Stock Exchange (TSX: TRI); London Stock Exchange (LSE: TRIL); and Nasdaq (NASDAQ: TRIN). For more information, go to www.thomsonreuters.com.

The Tax & Accounting business of Thomson Reuters (formerly Thomson Tax & Accounting) is the leading provider of technology and information solutions, as well as integrated tax compliance software and services to accounting, tax and corporate finance professionals in accounting firms, corporations, law firms and government. Tax & Accounting includes the Professional Software & Services, Corporate Software & Services, and Research & Guidance business groups.

About Copanion
Copanion is a leading innovator in tax document automation. The company saves tax professionals hundreds of hours during tax season with accurate and secure web-based applications for automating client tax document organization, data entry, and review. Copanion is a privately held company with financing from Commonwealth Capital Ventures and Pilot House Ventures. For more information about Copanion, Inc., visit the company’s website at www.copanion.com.

The Copanion and GruntWorx names and logos are trademarks or registered trademarks of Copanion in the United States and in other countries. All other companies and products referenced herein are trademarks or registered trademarks of their respective holders.