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Thomson Reuters Expands Government Revenue Management in MENA

Mon, 22 Oct 2012 10:41:19 EST

Solution will help governments modernise land policy and regulation

United Arab Emirates – Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, today announced the expansion of its Government Revenue Management (GRM) platform in the Middle East and North Africa (MENA).

Used by 1,600 government entities in more than 46 countries to collect US-$100 billion in revenues annually, the GRM platform will help guide MENA governments with property assessment, property valuation and revenue collection. The GRM platform will also help modernise land administration and land management, improving information quality by creating an integrated digital infrastructure.

MENA governments recognise the need for development to enhance revenue generation and to achieve sustainable growth. The adoption of a comprehensive automated land administration process, based on worldwide best practices, will help governments benchmark and insure sustainable revenue generation, which will help create prosperity and growth.

'Thomson Reuters is committed to helping governments through transferring knowledge and enabling local communities to register their formal documents legally. We believe that the GRM platform will help to build cohesive societies and resilient economies across the MENA region,' said Peter Rabley, vice president Global Business Development, Government, for the Tax & Accounting business of Thomson Reuters.

'MENA governments will gain a holistic view of land and property information maintained by agencies and departments throughout every level of their organisation. This will result in improved service delivery and more timely access to information through faster and easier to use web-based services for policy and decision makers, businesses and private citizens. These processes will enable governments in the region to realise financial and operational benefits,' he added.
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 and risk, legal, tax and accounting, intellectual property and science 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 approximately 60,000 people and operates in over 100 countries. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges. For more information, go to thomsonreuters.com.


About Thomson Reuters Government Revenue Management

Thomson Reuters (GRM) solution is deployed and used by worldwide Government agencies references at all levels; Federal, local, state, provincial and national level, in more than 1,600 government entities in more than 40 countries.
For more information visit: grm.thomsonreuters.com/


Source: WebWire



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