Coupa vs. Thomson Reuters CS Professional Suite

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Coupa
Score 7.6 out of 10
N/A
Coupa’s cloud-native Business Spend Management (BSM) platform provides end-to-end processes that helps drive collaboration across for every business leader from supply chain, procurement, finance, treasury, compliance, and IT and supply chain leaders to help their companies to get the visibility and control they need to spend smarter, mitigate risk, and improve resilience. A unified platform approach frees up IT from complex integrations to help leaders deliver on these goals.
$549
per year
Thomson Reuters CS Professional Suite
Score 6.7 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
CoupaThomson Reuters CS Professional Suite
Editions & Modules
Premium Support
$499+
per year
Verified
$549
per year
Advanced
$4800
per year
Registered
Free
No answers on this topic
Offerings
Pricing Offerings
CoupaThomson Reuters CS Professional Suite
Free Trial
NoNo
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
CoupaThomson Reuters CS Professional Suite
Features
CoupaThomson Reuters CS Professional Suite
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Coupa
-
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 Product A and Product B
Coupa
-
Ratings
Thomson Reuters CS Professional Suite
8.5
1 Ratings
11% 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
Coupa
-
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 Product A and Product B
Coupa
-
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 Product A and Product B
Coupa
-
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 Product A and Product B
Coupa
-
Ratings
Thomson Reuters CS Professional Suite
10.0
1 Ratings
31% above category average
Location management00 Ratings10.01 Ratings
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CoupaThomson Reuters CS Professional Suite
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Score 9.0 out of 10
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Score 6.4 out of 10
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Precoro
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Score 9.5 out of 10
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Score 9.1 out of 10
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SAP Cloud ERP
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Score 8.6 out of 10
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Score 8.6 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
CoupaThomson Reuters CS Professional Suite
Likelihood to Recommend
9.0
(27 ratings)
8.5
(4 ratings)
Likelihood to Renew
10.0
(1 ratings)
-
(0 ratings)
Usability
8.3
(2 ratings)
8.9
(2 ratings)
Support Rating
6.5
(2 ratings)
9.9
(2 ratings)
In-Person Training
3.0
(1 ratings)
-
(0 ratings)
Configurability
5.0
(1 ratings)
-
(0 ratings)
User Testimonials
CoupaThomson Reuters CS Professional Suite
Likelihood to Recommend
Coupa Software
Suitable: Simple indirect procurement. Low cost; short cycle implementation. Less Suitable: Complex procurement scenario requiring serious vendor collaboration. End-to-end integration. Direct Material Procurement, especially when planning, quality inspection, and other miscellaneous activities are involved, requires handling various special statuses and updates to meet industry- or country-specific requirements.
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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
Coupa Software
  • Coupa is easy to use, however, we had to teach our end users about procurement. They are not used to conducting an RFP, onboarding a supplier, or preparing a PO. This is the change management that our employees had to be prepared to understand. The Shelby Group helped us with the implementation.
  • The hardest part was the integration between NetSuite and Coupa. We wanted to have a dynamic tight integration between the two solutions. If we adjusted the chart of accounts or added a new supplier we wanted it to be able to done in both systems and be available immediately in both systems. We used a partner called SuiteSkies to accomplish this dynamic integration.
  • We’ve been able to manage the implementation and maintenance with a very lean IT group.
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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
Coupa Software
  • Support Team - A little slow in responding. I think the tool is so configurable that they struggle with figuring out what is causing certain issues that are being submitted on the portal.
  • I'd love for the Sourcing Module to be able to support larger events. There seems to be a limit on the number of lines each event can support and as a growing retailer, our store count dictates we have room to grow and that each store is represented in the bid process.
  • Would like to see the ability to issue multiple POs for a single item to multiple locations. The tool may do this but I know I can't and it may be due to how we interface with our ERP.
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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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Likelihood to Renew
Coupa Software
I love using coupa but i'm not the decision maker in this regard.
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Thomson Reuters
No answers on this topic
Usability
Coupa Software
-Could be easy or hard to use depending on corporate policies and compliance. At times, errors and cryptical message associated with them could drive users mad.
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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
Coupa Software
-Support is generally speaking OK (not great). The user community is quite active, and the response time is acceptable. I would certainly hope there's more user-generated content (like in SAP, Oracle, and Linux, etc.), but I suppose Coupa is still not large enough, and the incentives are not yet there.
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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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In-Person Training
Coupa Software
The employee that trained me was not particularly interesting in teaching me but they were not a Coupa employee.
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Thomson Reuters
No answers on this topic
Alternatives Considered
Coupa Software
Concur was a lot easier and more user friendly for employees doing expense reports on their phone. That is not the case with Coupa. You must use your laptop to do expenses and our managers don't always have enough time to do that while out in the field working. This has caused some issues.
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Thomson Reuters
Thomson Reuters is all I have experience with.
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Return on Investment
Coupa Software
  • It has allowed for proper processing of expenses tied directly to the proper LOB and GL Codes
  • Has taken the guesswork away and allowed for the proper budgets to be hit and reconciled
  • Ease of use has led to mass adoption and more prompt processing of expenses
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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

Coupa Screenshots

Screenshot of Transform your company’s supply chain planning from running one-off projects to a consistent and repeatable process.Screenshot of Efficiently capture data for apples-to-apples comparisons of suppliers across business requirements, risk factors, ESG, and costs to find the best solution.Screenshot of Understand supplier relationships, ensure that the right mitigation is in place, and onboard suppliers. Use trusted data services, Community.ai, and performance feedback to spot risk and optimize relationships over time.Screenshot of Bring the results of sourcing events and risk vetting together to quickly formalize agreements without costly omissions or delays.Screenshot of Give users an easy experience for all types of goods, services, and contingent worker needs while bubbling up ESG and other favored suppliers. Streamline budget checks and approvals simple emails to get move spend pre-approved, on-contract, and under control.Screenshot of Give suppliers a variety of options for submitting e-invoices — all without fees and in compliance with VAT and global regulations. Boost supplier adoption of e-invoicing by giving visibility into status of invoice approval and digital payments.