Thomson Reuters Tax & Accounting Solutions
About Thomson Reuters Tax & Accounting Solutions
A suite of tax, audit, and accounting software providing automated compliance, research, and reporting tools for corporate tax departments, accounting firms, and government agencies.
Thomson Reuters Tax & Accounting Solutions is a comprehensive portfolio of professional-grade software designed to streamline tax compliance, audit workflows, and financial reporting. The platform serves a wide range of users, from small accounting firms to large multinational corporations and government entities. Key capabilities include automated tax determination, global trade compliance, income tax filing, and AI-powered research tools like CoCounsel. The software is built to handle high-volume transactions and multi-jurisdictional regulatory requirements, helping professionals mitigate risk and improve operational efficiency. While the platform offers robust, enterprise-ready features, buyers should note that pricing is generally customized based on organizational needs, requiring contact with sales for specific plan details.
Pros & Cons
- Offers a comprehensive suite of tools covering the entire tax and accounting lifecycle.
- Provides high-accuracy automated tax determination for global indirect taxes.
- Integrates advanced AI capabilities to accelerate research and audit workflows.
- Supports complex multi-jurisdictional compliance requirements for large enterprises.
- Maintains a strong reputation for trusted, verified content and research data.
- Pricing is not publicly listed and requires contact with sales for enterprise-level quotes.
- The platform has a steep learning curve due to the breadth of its professional-grade features.
- Integration with non-Thomson Reuters systems may require significant configuration.
Features
Key features
Provides certified, automated software for global indirect taxes to ensure accuracy across all systems.
Streamlines the filing of accurate corporate tax returns for federal, state, and international jurisdictions.
Integrates professional-grade AI to centralize trusted sources and firm data for faster tax research and client deliverables.
Automates export compliance, screening, and clearance workflows to maximize duty savings and improve cash flow.
Standardizes audit workflows with AI-powered tools that deliver verifiable, citation-backed insights.
Additional features
Centralizes VAT, GST, and sales tax compliance across all jurisdictions.
Streamlines global e-invoicing compliance by centralizing tax data and automating reporting.
Expedites financial close with automated software that calculates tax estimates and streamlines reporting.
Minimizes sanctions risk with automated screening across more than 750 global lists.
Reduces duties and simplifies qualifications with automated tools.
Automates trade compliance with AI-powered Harmonized System code classification.
Provides integrated research workflows using premium public-records data for investigations.
Delivers customizable software for identity confirmation with confidence scores.
Pricing
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About Thomson Reuters Tax & Accounting Solutions
A suite of tax, audit, and accounting software providing automated compliance, research, and reporting tools for corporate tax departments, accounting firms, and government agencies.
Thomson Reuters Tax & Accounting Solutions Details
Thomson Reuters Tax & Accounting Solutions's In-App Market Place
Does Thomson Reuters Tax & Accounting Solutions have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
7
Mini Apps
1. GIS Mapping - Allows users to integrate geographic information systems (GIS) data to view and analyze tax values based on location.
2. Data Visualization - Provides tools for creating interactive charts
graphs
and maps to visualize tax values trends and patterns.
3. Reporting Tools - Offers advanced reporting features to generate customized reports on tax values data.
4. Mobile App - Enables users to access and manage tax values information on-the-go through a mobile application.
5. Data Import/Export - Facilitates seamless import and export of tax values data to and from external sources for analysis and collaboration.
Pricing Options
Accepted Payment Currencies
USD ($), EUR (€), GBP (£), AUD (A$), CAD (C$), JPY (¥), CHF (Fr), CNY (¥), INR (₹), RUB (₽), BRL (R$), MXN ($), SGD (S$), HKD (HK$), SEK (kr), NOK (kr), DKK (kr), ZAR (R), AED (د.إ), SAR (ر.س), KRW (₩), TWD (NT$), NZD (NZ$), PLN (zł), TRY (₺), THB (฿).
Pros & Cons
- Offers a comprehensive suite of tools covering the entire tax and accounting lifecycle.
- Provides high-accuracy automated tax determination for global indirect taxes.
- Integrates advanced AI capabilities to accelerate research and audit workflows.
- Supports complex multi-jurisdictional compliance requirements for large enterprises.
- Maintains a strong reputation for trusted, verified content and research data.
- Pricing is not publicly listed and requires contact with sales for enterprise-level quotes.
- The platform has a steep learning curve due to the breadth of its professional-grade features.
- Integration with non-Thomson Reuters systems may require significant configuration.
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