17 Ratings
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Score 8.4 out of 100
13 Ratings
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Score 8.4 out of 100

Feature Set Ratings

  • Accounting Power ranks higher in 2 feature sets: Security, Reporting & Analytics
  • Thomson Reuters CS Professional Suite ranks higher in 2 feature sets: Customization, General Ledger and Configurable Accounting

Customization

4.0

Accounting Power

40%
8.5

Thomson Reuters CS Professional Suite

85%
Thomson Reuters CS Professional Suite ranks higher in 2/2 features

API for custom integration

4.0
40%
1 Rating
8.0
80%
1 Rating

Plug-ins

N/A
0 Ratings
9.0
90%
1 Rating

Security

9.5

Accounting Power

95%
8.4

Thomson Reuters CS Professional Suite

84%
Accounting Power ranks higher in 2/2 features

Single sign-on capability

10.0
100%
1 Rating
8.5
85%
3 Ratings

Role-based user permissions

9.0
90%
1 Rating
8.2
82%
4 Ratings

Reporting & Analytics

8.0

Accounting Power

80%
7.4

Thomson Reuters CS Professional Suite

74%
Thomson Reuters CS Professional Suite ranks higher in 2/3 features

Dashboards

7.0
70%
1 Rating
8.2
82%
3 Ratings

Custom reports

9.0
90%
1 Rating
6.0
60%
4 Ratings

Standard reports

N/A
0 Ratings
8.0
80%
4 Ratings

General Ledger and Configurable Accounting

8.5

Accounting Power

85%
8.6

Thomson Reuters CS Professional Suite

86%
Thomson Reuters CS Professional Suite ranks higher in 18/20 features

Accounts payable

9.0
90%
1 Rating
8.0
80%
1 Rating

Accounts receivable

9.0
90%
1 Rating
8.0
80%
1 Rating

Cash management

8.0
80%
1 Rating
10.0
100%
1 Rating

Bank reconciliation

10.0
100%
1 Rating
10.0
100%
2 Ratings

Expense management

9.0
90%
1 Rating
10.0
100%
1 Rating

Multi-division support

6.0
60%
1 Rating
8.0
80%
1 Rating

Journals and Reconciliations

8.0
80%
1 Rating
8.0
80%
3 Ratings

Standardized Processes

9.0
90%
1 Rating
9.2
92%
3 Ratings

Time tracking

N/A
0 Ratings
9.0
90%
1 Rating

Fixed asset management

N/A
0 Ratings
9.0
90%
2 Ratings

Multi-currency support

N/A
0 Ratings
7.2
72%
2 Ratings

Regulations compliance

N/A
0 Ratings
10.0
100%
2 Ratings

Electronic tax filing

N/A
0 Ratings
8.0
80%
1 Rating

Self-service portal

N/A
0 Ratings
9.0
90%
1 Rating

Primary and Secondary Ledgers

N/A
0 Ratings
8.0
80%
1 Rating

Intercompany Accounting

N/A
0 Ratings
8.0
80%
1 Rating

Localizations

N/A
0 Ratings
8.0
80%
1 Rating

Enterprise Accounting

N/A
0 Ratings
8.0
80%
1 Rating

Configurable Accounting

N/A
0 Ratings
8.0
80%
1 Rating

Centralized Rules Framework

N/A
0 Ratings
9.0
90%
1 Rating

Payroll Management

Accounting Power

Feature Set Not Supported
N/A
10.0

Thomson Reuters CS Professional Suite

100%
Thomson Reuters CS Professional Suite ranks higher in 1/1 features

Pay calculation

N/A
0 Ratings
10.0
100%
1 Rating

Inventory Management

Accounting Power

Feature Set Not Supported
N/A
10.0

Thomson Reuters CS Professional Suite

100%
Thomson Reuters CS Professional Suite ranks higher in 1/1 features

Location management

N/A
0 Ratings
10.0
100%
1 Rating

Attribute Ratings

  • Accounting Power is rated higher in 2 areas: Likelihood to Recommend, Usability
  • Thomson Reuters CS Professional Suite is rated higher in 1 area: Support Rating

Likelihood to Recommend

9.0

Accounting Power

90%
1 Rating
8.7

Thomson Reuters CS Professional Suite

87%
4 Ratings

Likelihood to Renew

10.0

Accounting Power

100%
1 Rating

Thomson Reuters CS Professional Suite

N/A
0 Ratings

Usability

10.0

Accounting Power

100%
1 Rating
8.8

Thomson Reuters CS Professional Suite

88%
2 Ratings

Support Rating

7.0

Accounting Power

70%
1 Rating
9.8

Thomson Reuters CS Professional Suite

98%
2 Ratings

Implementation Rating

8.0

Accounting Power

80%
1 Rating

Thomson Reuters CS Professional Suite

N/A
0 Ratings

Likelihood to Recommend

AccountantsWorld

Retail, professional services, non-manufacturing, or non-inventory-based clients are a great fit.
Read full review

Thomson Reuters

It is extremely suitable for the client since for us they are all US-based companies, even though the main headquarters of our business is in Mexico.

It is less appropriate in terms of usability than taxes, since it does not include adaptability to Mexican legislation, and its deployment through customizations and reports is extremely expensive.
Read full review

Pros

AccountantsWorld

  • Simple layout
  • Logical menu and format
  • Flexibility in designing reports
  • Department/location accounting
Read full review

Thomson Reuters

  • Allows users to create associations, groups, locations, or property types to categorize each asset.
  • Fixed Assets CS can be deployed in a virtual office setting or as a SaaS application.
  • Fixed Assets CS also supports common depreciation methods.
Read full review

Cons

AccountantsWorld

  • CPA firm's client interface for delivery of bills to pay
  • Better ACH payment options for bill payment
  • Additional layer of department/location allocation
  • Invoicing option in mobile app
Read full review

Thomson Reuters

  • Requires a time investment for the learning curve to fully utilize the benefits provided by CS Professional Suite.
  • Older looking UI and aesthetic.
Read full review

Pricing Details

Accounting Power

Starting Price

Editions & Modules

Accounting Power editions and modules pricing
EditionModules

Footnotes

    Offerings

    Free Trial
    Free/Freemium Version
    Premium Consulting/Integration Services

    Entry-level set up fee?

    No setup fee

    Additional Details

    Thomson Reuters CS Professional Suite

    Starting Price

    Editions & Modules

    Thomson Reuters CS Professional Suite editions and modules pricing
    EditionModules

    Footnotes

      Offerings

      Free Trial
      Free/Freemium Version
      Premium Consulting/Integration Services

      Entry-level set up fee?

      No setup fee

      Additional Details

      Likelihood to Renew

      AccountantsWorld

      I do not see a good alternative in the market
      Read full review

      Thomson Reuters

      No answers on this topic

      Usability

      AccountantsWorld

      It provides everything one needs for accounting services and then some at a price point that makes it very affordable.
      Read full review

      Thomson Reuters

      The platform is stable even though a version for MacOS is also missed.

      In general, the user management and administration process is intuitive and once the roles are defined it is simple and easy.

      However, the user experience has become out of date in relation to other web-based platforms currently available on the market.
      Read full review

      Support Rating

      AccountantsWorld

      Needs some work. Support staff seem to be computer people, not accountants or users of the system. Their answers sometimes seem short and computer-based. Not answered in a way that says, "I have thought through this and here is what I see to do."
      Read full review

      Thomson Reuters

      Support for Thomson Reuters is very in-depth as they have a ton of knowledge articles that help troubleshoot common issues and gives a launching pad for users to learn more about the product and help them use the tools effectively and efficiently. When needed, reaching out to the live support is always prompt and we are able to effectively work past any issues that come up.
      Read full review

      Implementation Rating

      AccountantsWorld

      Seek out others who have done it and learn from them.
      Read full review

      Thomson Reuters

      No answers on this topic

      Alternatives Considered

      AccountantsWorld

      I find Accounting Power to have more flexibility, power, and reporting capability than QuickBooks Online with a simpler interface.
      Read full review

      Thomson Reuters

      Thomson Reuters is all I have experience with.
      Read full review

      Return on Investment

      AccountantsWorld

      • Allowed for standardized processes
      • Improved efficiency in disbursement processing
      • Bank feed is easily broken
      • ACH payment options are not well established
      Read full review

      Thomson Reuters

      • Not authorized to view the large scale picture of Thomson Reuters CS Suite on ROI, however, it has been a part of the business model for years with constant updates and is only getting more and more efficient as time goes on.
      Read full review

      Screenshots

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