ADP SmartCompliance vs. Bloomberg Tax

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
ADP SmartCompliance
Score 8.7 out of 10
N/A
ADP SmartCompliance is a tax and regulatory compliance platform for midsize or larger companies using an ERP or non-ADP platform for HR and HRMS services.N/A
Bloomberg Tax
Score 9.0 out of 10
N/A
Bloomberg Tax is a tax management and automation software suite supporting corporate tax research, calculation, and compliance.N/A
Pricing
ADP SmartComplianceBloomberg Tax
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
ADP SmartComplianceBloomberg Tax
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeRequiredNo setup fee
Additional DetailsPricing varies based upon modules deployed and features enabled.
More Pricing Information
Community Pulse
ADP SmartComplianceBloomberg Tax
Considered Both Products
ADP SmartCompliance
Chose ADP SmartCompliance
Usually use Bloomberg before ADP.
Bloomberg Tax

No answer on this topic

Features
ADP SmartComplianceBloomberg Tax
Type of tax
Comparison of Type of tax features of Product A and Product B
ADP SmartCompliance
7.5
23 Ratings
4% below category average
Bloomberg Tax
9.3
2 Ratings
17% above category average
Sales and Use Taxes7.215 Ratings8.02 Ratings
Cross-border Taxes7.415 Ratings10.01 Ratings
VAT / GST Taxes7.84 Ratings10.01 Ratings
Energy and Fuel Taxes7.44 Ratings00 Ratings
Tax Reporting & Compliance
Comparison of Tax Reporting & Compliance features of Product A and Product B
ADP SmartCompliance
7.6
81 Ratings
3% below category average
Bloomberg Tax
8.5
2 Ratings
8% above category average
Geolocation for Tax Assessment6.627 Ratings9.02 Ratings
3rd-Party Software Integrations7.449 Ratings8.01 Ratings
Tax Data Reporting8.178 Ratings9.02 Ratings
Compliance Administration Management7.768 Ratings9.02 Ratings
Tax Exemption Processing8.034 Ratings00 Ratings
Tax Document Management7.870 Ratings8.01 Ratings
Complex Tax Scenario Management7.351 Ratings8.01 Ratings
Best Alternatives
ADP SmartComplianceBloomberg Tax
Small Businesses
TaxJar
TaxJar
Score 8.1 out of 10
TaxJar
TaxJar
Score 8.1 out of 10
Medium-sized Companies
LOVAT
LOVAT
Score 9.0 out of 10
LOVAT
LOVAT
Score 9.0 out of 10
Enterprises
Vertex
Vertex
Score 8.2 out of 10
ADP SmartCompliance
ADP SmartCompliance
Score 8.7 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
ADP SmartComplianceBloomberg Tax
Likelihood to Recommend
8.6
(165 ratings)
9.0
(2 ratings)
Likelihood to Renew
7.2
(39 ratings)
-
(0 ratings)
Usability
7.2
(45 ratings)
9.0
(1 ratings)
Availability
7.0
(16 ratings)
-
(0 ratings)
Performance
6.9
(16 ratings)
-
(0 ratings)
Support Rating
6.6
(44 ratings)
-
(0 ratings)
In-Person Training
8.5
(6 ratings)
-
(0 ratings)
Online Training
7.9
(11 ratings)
-
(0 ratings)
Implementation Rating
5.4
(31 ratings)
-
(0 ratings)
Configurability
7.4
(14 ratings)
-
(0 ratings)
Ease of integration
6.6
(12 ratings)
-
(0 ratings)
Product Scalability
7.0
(15 ratings)
-
(0 ratings)
Vendor post-sale
7.6
(12 ratings)
-
(0 ratings)
Vendor pre-sale
8.3
(10 ratings)
-
(0 ratings)
User Testimonials
ADP SmartComplianceBloomberg Tax
Likelihood to Recommend
ADP
If you are not a tax client, I am not sure this would be the appropriate solution for you. If you didn't utilize their credit services I could also see that this product might not be the best for you. If you utilize their tax filing then this is a great way to see it all, or if you operate in multiple jurisdictions.
Read full review
Bloomberg
The fixed asset software is very advanced for software in general, but it is limited to accounting (GAAP and Tax) fixed assets. Would love to see a more IT user friendly software allowing IT personnel to use a gun to scan the servers and computers, etc. This wouldn't necessarily be a fixed asset as many computer items are too small dollar wise, but it would be a useful feature for IT and accounting to track IT assets by locatoin, user, departmetn, etc. and would be company wide. Another software needed is for company contracts with an ability to send out emails for notifications that a given contract is coming due. Obviously, this would be for contracts and leases but is also useful for accounting and would involve the whole company as there are contracts for rentals, equipment, service maintenance agreements, capital leases, IT contracts, etc.
Read full review
Pros
ADP
  • Unemployment Tax Notices - It's easy to upload the notices in ADP SmartComplianceand ADP investigate the issues and responds to agencies. Rarely do they have me reach out directly. They make notes in ADP SmartCompliance to keep us updated too.
  • New Garnishment Processing - You can bulk upload garnishments received into ADP SmartCompliance which makes it more efficient for setup and responses.
  • Payment Solutions - Whenever we receive a call from an employee that they lost their check or that it was sent to the wrong account, ADP SmartCompliance makes it easy to stop the payments.
Read full review
Bloomberg
  • Research
  • Chart Creations.
  • Help narrow down or identify the exact issue you have.
  • Customer Support through the help line.
Read full review
Cons
ADP
  • Notices for the customer to contact the tax agency. It would be beneficial before that is being asked of the client for ADP to provide some context what steps they have already taken proactively to try to resolve. Seems like a lot gets put on the paying customer instead of ADP trying to resolve on the customer's behalf.
  • Help articles could be more user-friendly.
  • Compliance for state specific laws and regulations could be better communicated. Such as new OT, FMLA, Required Taxes by state.
Read full review
Bloomberg
  • Better outlay of the depreciation section, rather see periods vertically, then horizontally. The periods are difficult to move through when you need to see many months in the past or vice-versa.
  • Would love to see an ability to mandate certain fields when creating an asset as every company is different.
  • Would love to see each field have the ability to have it's own pick list, and the pick list that does exist needs to be larger to allow for a longer list rather than just 8-10, then the rest are hidden so you have to move to section 2 to see that continuing list.
Read full review
Likelihood to Renew
ADP
ADP displays value continuously by automating compliance processes, reducing risk, and saving time. It ensures that tax filings are accurate, efficient notice management, and seamless integration with payroll systems, which minimizes penalties and manual work. The platforms reliability and strong support make it essential for maintaining compliance within our company and department
Read full review
Bloomberg
No answers on this topic
Usability
ADP
For the most part, one can get in and learn how to navigate the system by just clicking on one of the suject areas. If you have a good clientrepresentative, they will inform you of new features/functionality and give you a quick demo. This is helpful for one to go back in and navigate to learn how it works and usefulness.
Read full review
Bloomberg
Overall, it is a good value for the money we pay for it, and it helps our tax process.
Read full review
Reliability and Availability
ADP
Availability is good, with only one or two instances of not being able to access the system at all which were quickly fixed. Some features do not work correctly from time to time, such as the "Help" function or the "Sync" function.
Read full review
Bloomberg
No answers on this topic
Performance
ADP
If ADP is having issues, they communicate the problem within the solution once you log in. They also communicate that the issue will be fixed promptly. Reports run efficiently and in a reasonable amount of time. Also, the reports allow for various reporting types to be produced like a PDF or a Microsoft Excel file.
Read full review
Bloomberg
No answers on this topic
Support Rating
ADP
As mentioned in the last comment, everyone and everything has been great. However sometimes you get one person that I feel can bring a score down and the current dedicated tax representative I have I do not feel is very supportive.
Read full review
Bloomberg
No answers on this topic
In-Person Training
ADP
Exceptional Training Services Received during and after our Build . The teams of ADP Professionals assisted on a daily basis with tight deadlines and testing, each day , each Qtr. and annual processes including setting up local and State agencies for the 50 State we are reporting since our Workday go live 4/1/23. The process was seamless.
Read full review
Bloomberg
No answers on this topic
Online Training
ADP
Online training give us more flexible on timing. We always have a pack schedule and not able to attend training in person. Online training with recording is a good source for us especially we can review it again and again. The down side is we are unable ask question in person
Read full review
Bloomberg
No answers on this topic
Implementation Rating
ADP
I wasn't too hands on with integration portion of this product so I can't completely give an honest answer to that. I have been told that the training improves alot for each individual as they go through the process and it improves success. These individuals are able to do alot more than me in regards to implementation.
Read full review
Bloomberg
No answers on this topic
Alternatives Considered
ADP
We reviewed MasterTax and Ceridian before selecting ADP's Employment Tax four years ago. ADP SmartCompliance was selected because it was thought that this solution would save us time and resources. We have since revisited MasterTax and have looked at Asure as well. These companies offer more control and require more manual intervention before returns are filed and payments made as a tradeoff.
Read full review
Bloomberg
I think it is a superior product with more features.
Read full review
Scalability
ADP
ADP has the ability to scale across departments. This was found to be true when we rolled out the wage payment solution. ADP users are able to view their pay stubs on their phones and/or computers. This wage payment portal offers W2 storage and paystub storage for access at any time by an employee.
Read full review
Bloomberg
No answers on this topic
Return on Investment
ADP
  • we were able to outsource our garnishments, so that the bulk task it handled by someone else.
  • we have been able to process tickets quicker for missing deposits can we can see if the payment was sent back from the bank.
  • we are able to fund our final pay payments more efficiently and quicker
Read full review
Bloomberg
  • Allowed for very smooth audits
  • User friendly, allows for documentation to be stored, very useful
  • Good audit trail to see what happened.
Read full review
ScreenShots

ADP SmartCompliance Screenshots

Screenshot of