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Clearwater Analytics vs. Thomson Reuters CS Professional Suite

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Clearwater Analytics

    Score8.8 out of 10
    N/AClearwater Analytics is a provider of web-based investment portfolio accounting, reporting, and reconciliation services for institutional investors at thousands of organizations, headquartered in Boise. Clearwater aggregates, reconciles, and reports on more than $5.5 trillion in assets across thousands of accounts daily. They boast clients including corporate treasuries, insurance companies, investment managers, banks, governments, and other institutional investors both in the United States and…N/A

    Thomson Reuters CS Professional Suite

    Score9.9 out of 10
    N/AThomson 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
    Clearwater AnalyticsThomson Reuters CS Professional Suite
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Clearwater AnalyticsThomson 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
    Features
    Clearwater AnalyticsThomson Reuters CS Professional Suite
    Payroll Management
    Comparison of Payroll Management features of Clearwater Analytics and Thomson Reuters CS Professional Suite
    Feature
    Clearwater Analytics
    -
    Ratings
    Thomson Reuters CS Professional Suite
    10.0
    1 Ratings
    28% above category average
    Pay calculation00 Ratings10.01 Ratings
    Customization
    Comparison of Customization features of Clearwater Analytics and Thomson Reuters CS Professional Suite
    Feature
    Clearwater Analytics
    -
    Ratings
    Thomson Reuters CS Professional Suite
    8.5
    1 Ratings
    12% above category average
    API for custom integration00 Ratings8.01 Ratings
    Plug-ins00 Ratings9.01 Ratings
    Security
    Comparison of Security features of Clearwater Analytics and Thomson Reuters CS Professional Suite
    Feature
    Clearwater Analytics
    -
    Ratings
    Thomson Reuters CS Professional Suite
    8.2
    4 Ratings
    0% 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 Clearwater Analytics and Thomson Reuters CS Professional Suite
    Feature
    Clearwater Analytics
    -
    Ratings
    Thomson Reuters CS Professional Suite
    7.2
    4 Ratings
    8% below category average
    Dashboards00 Ratings8.13 Ratings
    Standard reports00 Ratings8.04 Ratings
    Custom reports00 Ratings5.64 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of Clearwater Analytics and Thomson Reuters CS Professional Suite
    Feature
    Clearwater Analytics
    -
    Ratings
    Thomson Reuters CS Professional Suite
    8.6
    4 Ratings
    12% above category average
    Accounts payable00 Ratings8.01 Ratings
    Accounts receivable00 Ratings8.01 Ratings
    Cash management00 Ratings10.01 Ratings
    Bank reconciliation00 Ratings10.02 Ratings
    Expense management00 Ratings10.01 Ratings
    Time tracking00 Ratings9.01 Ratings
    Fixed asset management00 Ratings9.02 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
    Inventory Management
    Comparison of Inventory Management features of Clearwater Analytics and Thomson Reuters CS Professional Suite
    Feature
    Clearwater Analytics
    -
    Ratings
    Thomson Reuters CS Professional Suite
    10.0
    1 Ratings
    31% above category average
    Location management00 Ratings10.01 Ratings
    Best Alternatives
    Clearwater AnalyticsThomson Reuters CS Professional Suite
    Small Businesses
    No answers on this topic
    QuickBooks Self-Employed (discontinued)
    Score4.1 out of 10
    Medium-sized Companies
    No answers on this topic
    MYOB
    Score8.3 out of 10
    Enterprises
    No answers on this topic
    Microsoft Dynamics GP
    Score5.4 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    Clearwater AnalyticsThomson Reuters CS Professional Suite
    Likelihood to Recommend
    8.0
    (1 ratings)
    8.5
    (4 ratings)
    Usability
    -
    (0 ratings)
    8.9
    (2 ratings)
    Support Rating
    -
    (0 ratings)
    9.9
    (2 ratings)
    User Testimonials
    Clearwater AnalyticsThomson Reuters CS Professional Suite
    Likelihood to Recommend
    Clearwater Analytics
    If your company has multiple investment accounts Clearwater is a great choice to consolidate month end reporting.
    Incentivized
    Read full review
    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.
    Incentivized
    Read full review
    Pros
    Clearwater Analytics
    No answers on this topic
    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.
    Incentivized
    Read full review
    Cons
    Clearwater Analytics
    No answers on this topic
    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.
    Incentivized
    Read full review
    Usability
    Clearwater Analytics
    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.
    Incentivized
    Read full review
    Support Rating
    Clearwater Analytics
    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.
    Incentivized
    Read full review
    Alternatives Considered
    Clearwater Analytics
    No answers on this topic
    Thomson Reuters
    Thomson Reuters is all I have experience with.
    Incentivized
    Read full review
    Return on Investment
    Clearwater Analytics
    No answers on this topic
    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.
    Incentivized
    Read full review
    ScreenShots