Friday, August 1, 2014 Last update: 2:33 AM
FreshNews.com - All Company Technology News Since 1996

Deloitte's Technology for Work Opportunity Tax Credit Software Achieves Oracle Validated Integration with Oracle Taleo Enterprise Cloud Service

Companies mentioned in this article: Deloitte

NEW YORK, June 10, 2014 /PRNewswire/ -- Deloitte, a Diamond level member of Oracle PartnerNetwork (OPN), today announced it has achieved Oracle Validated Integration for its Technology for Work Opportunity Tax Credit (T4WOTC(TM)) software. T4WOTC, a solution for employment related tax credits and incentives, is integrated with Oracle Taleo Enterprise Cloud Service, a component of Oracle Talent Management Cloud, a web-based job candidate screening and recruiting software. This integration, supported by Deloitte's tax screening services, can provide organizations with a technology solution to improve accuracy and efficiency of tax screening for the Work Opportunity Tax Credit (WOTC) and Federal Empowerment Zone Tax Credit.

http://photos.prnewswire.com/prnvar/20120803/MM52028LOGO-a

To achieve Oracle Validated Integration, Oracle partners are required to meet a stringent set of requirements that are based on the needs and priorities of the customers.

With Deloitte's T4WOTC technology and services, organizations will be able to move from a paper-based process to an electronic one, reducing the labor, time, and complexity involved with a tax credit screening program. They will also be able to utilize real-time data analytics to better understand their screening program and related benefits. WOTC is a federal tax credit designed to encourage businesses to hire individuals from certain targeted populations who typically face barriers to employment, including veterans and unemployed or underemployed job seekers who are receiving government assistance. The Federal Empowerment Zone Tax Credit is aimed at reducing unemployment and generating economic growth in distressed communities.

"Recruiting, retaining and developing critical talent is a top priority for every organization," said, Carl Allegretti, chairman and chief executive officer, Deloitte Tax LLP. "Increasingly, we are seeing human resource and tax leaders collaborate on strategic hiring decisions, which includes being aware of all the federal, state and local tax credits available when hiring eligible employees."

"Achieving Oracle Validated Integration gives our customers confidence that the integration between Deloitte's T4WOTC technology and Oracle Taleo Enterprise Cloud Service is functionally sound and performs as tested," said David Hicks, Vice President, Worldwide ISV, OEM and Java Business Development, Oracle. "For solutions deployed on-premise, in the cloud, or both, Oracle Validated Integration applies a rigorous technical review and test process that helps to reduce deployment risk and improves the user experience of the partner's integrated offering."

About Deloitte's Oracle Alliance
Deloitte is a Diamond-level member of Oracle PartnerNetwork (OPN) and has held a relationship with Oracle for more than two decades. Deloitte Touche Tohmatsu Limited member firms throughout the world provide access to over 13,800 professionals who collectively possess deep industry and functional knowledge across Oracle's full line of applications and technology. Reflecting its commitment to client satisfaction, Deloitte has been consistently recognized by analysts as a leader in Oracle implementation-related services.

About Oracle Validated Integration
Oracle Validated Integration, available through the Oracle PartnerNetwork (OPN), gives customers confidence that the integration of complementary partner software products with Oracle Applications and specific Oracle Fusion Middleware solutions have been validated, and the products work together as designed. This can help customers reduce risk, improve system implementation cycles, and provide for smoother upgrades and simpler maintenance. Oracle Validated Integration applies a rigorous technical process to review partner integrations. Partners who have successfully completed the program are authorized to use the "Oracle Validated Integration" logo. For more information, please visit Oracle.com at http://www.oracle.com/us/partnerships/solutions/index.html.

About Oracle PartnerNetwork
Oracle PartnerNetwork (OPN) Specialized is the latest version of Oracle's partner program that provides partners with tools to better develop, sell and implement Oracle solutions. OPN Specialized offers resources to train and support specialized knowledge of Oracle products and solutions and has evolved to recognize Oracle's growing product portfolio, partner base and business opportunity. Key to the latest enhancements to OPN is the ability for partners to differentiate through Specializations. Specializations are achieved through competency development, business results, expertise and proven success. To find out more visit http://www.oracle.com/partners.

As used in this document, "Deloitte" means Deloitte Consulting LLP and Deloitte Tax LLP, subsidiaries of Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.

Trademarks

Oracle and Java are registered trademarks of Oracle and/or its affiliates.

    Contact

                          Melissa Curtis

                          Public Relations

                          Deloitte

                                                        +1 617 437 2156

                          mecurtis@deloitte.com

Logo - http://photos.prnewswire.com/prnh/20120803/MM52028LOGO-a

SOURCE Deloitte