Clearbooks vs Thomson Reuters CS Professional Suite

Likelihood to Recommend

Larger companies, multi-currency. Clearbooks is in a competitive environment with Xero, SageOne, FreeAgent, Intuit etc., etc.

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Peter Cowley

Various

NumerousInvestment Management, 51-200 employees

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Fixed Assets. CS offers an excellent selection of built-in asset and depreciation related reports including Asset detail, asset list, property detail, and much much more. They also have a ton of forms such as 4255,4562,4792 and other worksheets in the application. All these reports can be easily customized, which allows you to specifically tailor them to your company's client. They can also be exported to Excel as well.

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Verified User

Technician in Customer Service

Accounting Company, 1001-5000 employees

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Feature Rating Comparison

Clearbooks

Thomson Reuters CS Professional Suite

Accounts payable

Accounts receivable

Cash management

Bank reconciliation

Expense management

Fixed asset management

Multi-currency support

Multi-division support

Regulations compliance

Electronic tax filing

Primary and Secondary Ledgers

Intercompany Accounting

Journals and Reconciliations

Enterprise Accounting

Configurable Accounting

Centralized Rules Framework

Standardized Processes

Clearbooks

Thomson Reuters CS Professional Suite

Pay calculation

Clearbooks

Thomson Reuters CS Professional Suite

API for custom integration

Plug-ins

Clearbooks

Thomson Reuters CS Professional Suite

Single sign-on capability

Role-based user permissions

Clearbooks

Thomson Reuters CS Professional Suite

Dashboards

Standard reports

Custom reports

Clearbooks

Thomson Reuters CS Professional Suite

Location management

Pros

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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Peter Cowley

Various

NumerousInvestment Management, 51-200 employees

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Import information between its products and Excel.
Straightforward keypunching processed designed for accounting.
Strong customization of reporting.

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Albert Hwang

Financial Affairs Coordinator

MarmosetMusic, 11-50 employees

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Cons

Like any SaaS product, Clearbooks is continuously evolving and being improved
Some of the reports still need some work

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Peter Cowley

Various

NumerousInvestment Management, 51-200 employees

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I think the program should require you to close the client instead of just changing the client id#. It is too easy to enter data into the wrong company.

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Cyndy Ramey

CPA, Senior Staff

Bergman, Himmel, Goetz, Prebul & Silver Co., Inc.Accounting, 1-10 employees

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Usability

No score

No answers yet

No answers on this topic

Thomson Reuters CS Professional Suite 8.0

Based on 1 answer

I give the rating of an 8 because the users in my company have little or no complaints when using the software. There are many features and add-ons for the program which allow for deep customization that they can tailor to each client individually which allows them to provide world-class services that help our firm succeed. On top of the features, implementation is seamless, and creating accounts is a breeze from the Administration side.

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Verified User

Technician in Customer Service

Accounting Company, 1001-5000 employees

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Support Rating

No score

No answers yet

No answers on this topic

Thomson Reuters CS Professional Suite 9.0

Based on 1 answer

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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Verified User

Technician in Customer Service

Accounting Company, 1001-5000 employees

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Alternatives Considered

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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Peter Cowley

Various

NumerousInvestment Management, 51-200 employees

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Not included in the selection process of Thomson Reuters CS Professional Suite, however, in my team at the company using the product, it has developed in large leaps. From implementing the required changes resulting from changes in tax law to industry-specific hurdles such as additional support during tax season, this product has been trust-worthy and reliable throughout my use.

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Albert Hwang

Financial Affairs Coordinator

MarmosetMusic, 11-50 employees

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Return on Investment

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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Peter Cowley

Various

NumerousInvestment Management, 51-200 employees

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I was provided the program to use by management so I can't answer this question.

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Cyndy Ramey

CPA, Senior Staff

Bergman, Himmel, Goetz, Prebul & Silver Co., Inc.Accounting, 1-10 employees

View all 3 answers on this topic

Pricing Details

General

Free Trial

—

Free/Freemium Version

—

Premium Consulting/Integration Services

—

Entry-level set up fee?

No

General

Free Trial

—

Free/Freemium Version

—

Premium Consulting/Integration Services

—

Entry-level set up fee?

No

Rating Summary

Clearbooks

Thomson Reuters CS Professional Suite

Clearbooks

Thomson Reuters CS Professional Suite

Clearbooks

Thomson Reuters CS Professional Suite

Likelihood to Recommend

Clearbooks

Thomson Reuters CS Professional Suite

Feature Rating Comparison

Accounts payable

Accounts receivable

Cash management

Bank reconciliation

Expense management

Fixed asset management

Multi-currency support

Multi-division support

Regulations compliance

Electronic tax filing

Primary and Secondary Ledgers

Intercompany Accounting

Journals and Reconciliations

Enterprise Accounting

Configurable Accounting

Centralized Rules Framework

Standardized Processes

Pay calculation

API for custom integration

Plug-ins

Single sign-on capability

Role-based user permissions

Dashboards

Standard reports

Custom reports

Location management

Pros

Clearbooks

Thomson Reuters CS Professional Suite

Cons

Clearbooks

Thomson Reuters CS Professional Suite

Usability

Clearbooks

Thomson Reuters CS Professional Suite

Support Rating

Clearbooks

Thomson Reuters CS Professional Suite

Alternatives Considered

Clearbooks

Thomson Reuters CS Professional Suite

Return on Investment

Clearbooks

Thomson Reuters CS Professional Suite

Pricing Details

General

Free Trial

Free/Freemium Version

Premium Consulting/Integration Services

Entry-level set up fee?

General

Free Trial

Free/Freemium Version

Premium Consulting/Integration Services

Entry-level set up fee?

Rating Summary

Add comparison