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Thomson Reuters Ropes In SafeSend With $600M Deal
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Subscribe06 JAN 2025 / BUSINESS
Tax technology company SafeSend has been acquired by Thomson Reuters for $600 million. Leveraged by 70% of the top 500 US accounting firms, SafeSend provides innovative solutions such as e-signatures, workflow automation, and better management of compliance, data collection, and payments. This strategic move showcases the future of tax preparation, with the integration of new technologies like AI, and aims to redefine tax processes to be more automated, efficient, and seamless.
Tax season—the phrase alone can send shivers down any Tax professionals’ spine. From chasing signatures to managing compliance headaches, the "last mile" of tax preparation often feels like running a marathon with a lead weight. Enter SafeSend: the tech c...
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