Bloomberg Tax

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
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
Bloomberg Tax
Editions & Modules
No answers on this topic
Offerings
Pricing Offerings
Bloomberg Tax
Free Trial
No
Free/Freemium Version
No
Premium Consulting/Integration Services
No
Entry-level Setup FeeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Bloomberg Tax
Considered Both Products
Bloomberg Tax
Chose Bloomberg Tax
I think it is a superior product with more features.
Features
Bloomberg Tax
Type of tax
Comparison of Type of tax features of Product A and Product B
Bloomberg Tax
9.3
2 Ratings
17% above category average
Sales and Use Taxes8.02 Ratings
Cross-border Taxes10.01 Ratings
VAT / GST Taxes10.01 Ratings
Tax Reporting & Compliance
Comparison of Tax Reporting & Compliance features of Product A and Product B
Bloomberg Tax
8.5
2 Ratings
9% above category average
Geolocation for Tax Assessment8.92 Ratings
3rd-Party Software Integrations8.01 Ratings
Tax Data Reporting9.12 Ratings
Compliance Administration Management8.92 Ratings
Tax Document Management8.01 Ratings
Complex Tax Scenario Management8.01 Ratings
Best Alternatives
Bloomberg Tax
Small Businesses
TaxJar
TaxJar
Score 8.1 out of 10
Medium-sized Companies
LOVAT
LOVAT
Score 9.1 out of 10
Enterprises
ADP SmartCompliance
ADP SmartCompliance
Score 8.4 out of 10
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User Ratings
Bloomberg Tax
Likelihood to Recommend
9.0
(2 ratings)
Usability
9.0
(1 ratings)
User Testimonials
Bloomberg Tax
Likelihood to Recommend
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
  • Research
  • Chart Creations.
  • Help narrow down or identify the exact issue you have.
  • Customer Support through the help line.
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Cons
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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Usability
Bloomberg
Overall, it is a good value for the money we pay for it, and it helps our tax process.
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Alternatives Considered
Bloomberg
I think it is a superior product with more features.
Read full review
Return on Investment
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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