“The new K1 Anlyzer can help automate this process for you for the biggest and most complicated partner returns,” Swati Garodia, global head of product, said during the conference keynote. The company has already used the tool with some of its largest customers and will be opening it up to its larger market later.
Thomson representatives noted the large number of calculations involved in large partnership returns. “It seems like year-after-year there’s more and more stuff,” Jordan Kleinsmith, Thomson’s director innovation, said in a preview of the product. The company said more information will be available in coming weeks as it had just entered its agreement with accounting firm Crowe, which is providing the technology.