Bloomberg Law vs. Bloomberg Tax Advantage

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Bloomberg Law
Score 8.4 out of 10
N/A
Bloomberg Law is a legal research and analytics tool, from Bloomberg.N/A
Bloomberg Tax Advantage
Score 8.4 out of 10
N/A
Bloomberg Tax, a subsidiary of Bloomberg, offers Bloomberg Tax Advantage, a tax management and automation platform supporting corporate tax research, calculation, and compliance.N/A
Pricing
Bloomberg LawBloomberg Tax Advantage
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Bloomberg LawBloomberg Tax Advantage
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details——
More Pricing Information
Community Pulse
Bloomberg LawBloomberg Tax Advantage
Top Pros

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Top Cons

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Features
Bloomberg LawBloomberg Tax Advantage
Type of tax
Comparison of Type of tax features of Product A and Product B
Bloomberg Law
-
Ratings
Bloomberg Tax Advantage
8.0
1 Ratings
6% below category average
Sales and Use Taxes00 Ratings8.01 Ratings
Tax Reporting & Compliance
Comparison of Tax Reporting & Compliance features of Product A and Product B
Bloomberg Law
-
Ratings
Bloomberg Tax Advantage
8.7
1 Ratings
4% above category average
Geolocation for Tax Assessment00 Ratings8.01 Ratings
Tax Data Reporting00 Ratings10.01 Ratings
Compliance Administration Management00 Ratings8.01 Ratings
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Bloomberg LawBloomberg Tax Advantage
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Canopy
Score 9.5 out of 10
Medium-sized Companies

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LOVAT
LOVAT
Score 10.0 out of 10
Enterprises

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Vertex
Vertex
Score 8.4 out of 10
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User Ratings
Bloomberg LawBloomberg Tax Advantage
Likelihood to Recommend
-
(0 ratings)
9.0
(1 ratings)
User Testimonials
Bloomberg LawBloomberg Tax Advantage
Likelihood to Recommend
Bloomberg
No answers on this topic
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.
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Pros
Bloomberg
No answers on this topic
Bloomberg
  • Reporting
  • User friendly
  • Filter and Sorting
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Cons
Bloomberg
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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.
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Return on Investment
Bloomberg
No answers on this topic
Bloomberg
  • Allowed for very smooth audits
  • User friendly, allows for documentation to be stored, very useful
  • Good audit trail to see what happened.
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