Bloomberg Tax vs. Proconnect Tax Online

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Bloomberg Tax
Score 8.4 out of 10
N/A
Bloomberg Tax is a tax management and automation software suite supporting corporate tax research, calculation, and compliance.N/A
Proconnect Tax Online
Score 8.0 out of 10
N/A
Intuit ProConnect Tax Online is cloud-based professional tax software. It integrates with QuickBooks and includes a client portal so that clients can input their tax data online. ProConnect has a pay-per-return pricing structure.
$70.78
per return 1-9 returns
Pricing
Bloomberg TaxProconnect Tax Online
Editions & Modules
No answers on this topic
200-299 returns
$35.98
per return
100-199 returns
$43.17
per return
50-99 returns
$55.17
per return
10-49 returns
$62.98
per return
1-9 returns
$70.78
per return
+300 Returns
Custom Pricing
Offerings
Pricing Offerings
Bloomberg TaxProconnect Tax Online
Free Trial
NoYes
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 TaxProconnect Tax Online
Considered Both Products
Bloomberg Tax

No answer on this topic

Proconnect Tax Online
Chose Proconnect Tax Online
Per return, cost is more effective; Proconnect Tax Online has the ability to roll over prior year's information.
Top Pros

No answers on this topic

Top Cons

No answers on this topic

Features
Bloomberg TaxProconnect Tax Online
Type of tax
Comparison of Type of tax features of Product A and Product B
Bloomberg Tax
8.0
1 Ratings
5% below category average
Proconnect Tax Online
-
Ratings
Sales and Use Taxes8.01 Ratings00 Ratings
Tax Reporting & Compliance
Comparison of Tax Reporting & Compliance features of Product A and Product B
Bloomberg Tax
8.7
1 Ratings
4% above category average
Proconnect Tax Online
9.0
7 Ratings
7% above category average
Geolocation for Tax Assessment8.01 Ratings00 Ratings
Tax Data Reporting10.01 Ratings10.04 Ratings
Compliance Administration Management8.01 Ratings10.04 Ratings
3rd-Party Software Integrations00 Ratings6.03 Ratings
Tax Exemption Processing00 Ratings8.01 Ratings
Tax Document Management00 Ratings10.07 Ratings
Complex Tax Scenario Management00 Ratings10.06 Ratings
Best Alternatives
Bloomberg TaxProconnect Tax Online
Small Businesses
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Score 9.5 out of 10
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Medium-sized Companies
LOVAT
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Score 10.0 out of 10
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Score 10.0 out of 10
Enterprises
Vertex
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Score 8.4 out of 10
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Score 8.4 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Bloomberg TaxProconnect Tax Online
Likelihood to Recommend
9.0
(1 ratings)
8.0
(10 ratings)
Support Rating
-
(0 ratings)
1.1
(3 ratings)
User Testimonials
Bloomberg TaxProconnect Tax Online
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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Intuit
Intuit has coined the term "Firm of the Future" and its products live up to that moniker. If you run a practice that is cloud based, paperless and makes use of cutting edge tools such as e-signatures, client portals, etc., then this product will be a good fit for you. If you are slow to change and want to use the traditional desktop computing environment and frequently print client draft returns for review, use wet signatures, etc. then this might not be the product for you. If you are already using some of Intuit's products and plan to implement more business clients into QuickBooks Online, I would say this product is a "must have".
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Pros
Bloomberg
  • Reporting
  • User friendly
  • Filter and Sorting
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Intuit
  • Final taxes are clear.
  • The esignature is easy most of the time for clients to sign.
  • The dropdown for selecting the right year is clear.
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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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Intuit
  • Not very many software titles outside the Intuit family can be used to integrate with the product.
  • The UI is a bit dated looking.
  • Can get rather costly if larger volumes of returns are prepared.
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Support Rating
Bloomberg
No answers on this topic
Intuit
The support is, excellent and Intuit overall provides good support. Their customer service representatives are friendly and always assist with issues when needed. There are multiple ways to contact the support team. I have not sued them though very much for technical tax issues and primarily the customer service team when needed.
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Alternatives Considered
Bloomberg
No answers on this topic
Intuit
I think ProConnect Tax Online is better than competitors. As I am new to my career, the only software I have used are ProConnect Tax Online, and Thomson Reuters Ultra Tax. I prefer cloud-based software, but I think Ultra Tax is easier software to learn on. It is easier to learn on because it is form based
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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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Intuit
  • Just being the administrative assistant I can't really talk on ROI - that would be for my boss to address. But since our office strives to be completely paperless efiling fits in with our paperless narrative.
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ScreenShots