Clearbooks vs. Thomson Reuters CS Professional Suite

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Clearbooks
Score 7.0 out of 10
N/A
ClearBooks Accounting is simple cloud accounting software, from Clear Books plc located in the UK, that is tailored to the needs of small businesses and start ups in the UK, or bookkeepers and accountants. It contains core accounting features like automated invoicing, document / image importing for capturing receipts, VAT returns direct to HMRC and a customizable dashboard (tax management), expense and purchase management with recurring billing capability, basic financial reporting features for…N/A
Thomson Reuters CS Professional Suite
Score 7.4 out of 10
N/A
Thomson Reuters CS Professional Suite is integrated tax and accounting software that manages the operations of legal firms. It is used to collect client data, and post finished tax returns, from managing client engagements to practice management.N/A
Pricing
ClearbooksThomson Reuters CS Professional Suite
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
ClearbooksThomson Reuters CS Professional Suite
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
ClearbooksThomson Reuters CS Professional Suite
Top Pros
Top Cons
Features
ClearbooksThomson Reuters CS Professional Suite
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Clearbooks
5.0
1 Ratings
38% below category average
Thomson Reuters CS Professional Suite
8.6
4 Ratings
16% above category average
Accounts payable5.01 Ratings8.01 Ratings
Accounts receivable5.01 Ratings8.01 Ratings
Cash management5.01 Ratings10.01 Ratings
Bank reconciliation5.01 Ratings10.02 Ratings
Expense management5.01 Ratings10.01 Ratings
Fixed asset management5.01 Ratings9.02 Ratings
Time tracking00 Ratings9.01 Ratings
Multi-currency support00 Ratings7.12 Ratings
Multi-division support00 Ratings8.01 Ratings
Regulations compliance00 Ratings10.02 Ratings
Electronic tax filing00 Ratings8.01 Ratings
Self-service portal00 Ratings9.01 Ratings
Primary and Secondary Ledgers00 Ratings8.01 Ratings
Intercompany Accounting00 Ratings8.01 Ratings
Localizations00 Ratings8.01 Ratings
Journals and Reconciliations00 Ratings8.03 Ratings
Enterprise Accounting00 Ratings8.01 Ratings
Configurable Accounting00 Ratings8.01 Ratings
Centralized Rules Framework00 Ratings9.01 Ratings
Standardized Processes00 Ratings9.13 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Clearbooks
-
Ratings
Thomson Reuters CS Professional Suite
10.0
1 Ratings
31% above category average
Pay calculation00 Ratings10.01 Ratings
Customization
Comparison of Customization features of Product A and Product B
Clearbooks
-
Ratings
Thomson Reuters CS Professional Suite
8.5
1 Ratings
21% above category average
API for custom integration00 Ratings8.01 Ratings
Plug-ins00 Ratings9.01 Ratings
Security
Comparison of Security features of Product A and Product B
Clearbooks
-
Ratings
Thomson Reuters CS Professional Suite
8.2
4 Ratings
3% above category average
Single sign-on capability00 Ratings8.33 Ratings
Role-based user permissions00 Ratings8.14 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Clearbooks
-
Ratings
Thomson Reuters CS Professional Suite
7.2
4 Ratings
4% below category average
Dashboards00 Ratings8.13 Ratings
Standard reports00 Ratings8.04 Ratings
Custom reports00 Ratings5.64 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Clearbooks
-
Ratings
Thomson Reuters CS Professional Suite
10.0
1 Ratings
38% above category average
Location management00 Ratings10.01 Ratings
Best Alternatives
ClearbooksThomson Reuters CS Professional Suite
Small Businesses
QuickBooks Self-Employed
QuickBooks Self-Employed
Score 9.4 out of 10
QuickBooks Self-Employed
QuickBooks Self-Employed
Score 9.4 out of 10
Medium-sized Companies
Accounting Seed
Accounting Seed
Score 8.4 out of 10
Accounting Seed
Accounting Seed
Score 8.4 out of 10
Enterprises
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 7.8 out of 10
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 7.8 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
ClearbooksThomson Reuters CS Professional Suite
Likelihood to Recommend
7.0
(1 ratings)
8.5
(4 ratings)
Usability
-
(0 ratings)
8.9
(2 ratings)
Support Rating
-
(0 ratings)
9.9
(2 ratings)
User Testimonials
ClearbooksThomson Reuters CS Professional Suite
Likelihood to Recommend
Clearbooks
Larger companies, multi-currency. Clearbooks is in a competitive environment with Xero, SageOne, FreeAgent, Intuit etc., etc.
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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.
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Pros
Clearbooks
  • SaaS, so accessible by anyone, anywhere in the world via a browser
  • Clear and straight forward navigation
  • Good choice of management reports
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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.
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Cons
Clearbooks
  • Like any SaaS product, Clearbooks is continuously evolving and being improved
  • Some of the reports still need some work
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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.
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Usability
Clearbooks
No answers on this topic
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.
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Support Rating
Clearbooks
No answers on this topic
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.
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Alternatives Considered
Clearbooks
Clearbooks was chosen 5 years ago as our accountant recommended it. There is an element of inertia in moving accounts packages.
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Thomson Reuters
Thomson Reuters is all I have experience with.
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Return on Investment
Clearbooks
  • I am not sure that ROI is an appropriate measure for an accounts package. The cost is around £250/year, which is a tiny fraction of the cost of a bookkeeper/finance controller/finance director/CFO.
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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.
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ScreenShots