Catalyst, by EBM Software vs. Thomson Reuters CS Professional Suite

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Catalyst, by EBM Software
Score 7.8 out of 10
N/A
Catalyst from EBM Software in Minneapolis is a cloud-based business performance application suite, designed to provide an environment and workflow for understanding business profitability.N/A
Thomson Reuters CS Professional Suite
Score 7.1 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
Catalyst, by EBM SoftwareThomson Reuters CS Professional Suite
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Catalyst, by EBM SoftwareThomson Reuters CS Professional Suite
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeOptionalNo setup fee
Additional DetailsFlexible and tiered pricing structures available - monthly, 1-3-5- contracts, and more
More Pricing Information
Community Pulse
Catalyst, by EBM SoftwareThomson Reuters CS Professional Suite
Top Pros
Top Cons
Features
Catalyst, by EBM SoftwareThomson Reuters CS Professional Suite
BI Standard Reporting
Comparison of BI Standard Reporting features of Product A and Product B
Catalyst, by EBM Software
7.1
2 Ratings
17% below category average
Thomson Reuters CS Professional Suite
-
Ratings
Customizable dashboards7.12 Ratings00 Ratings
Report Formatting Templates7.12 Ratings00 Ratings
Ad-hoc Reporting
Comparison of Ad-hoc Reporting features of Product A and Product B
Catalyst, by EBM Software
7.7
2 Ratings
8% below category average
Thomson Reuters CS Professional Suite
-
Ratings
Drill-down analysis7.12 Ratings00 Ratings
Formatting capabilities8.02 Ratings00 Ratings
Report sharing and collaboration8.02 Ratings00 Ratings
Report Output and Scheduling
Comparison of Report Output and Scheduling features of Product A and Product B
Catalyst, by EBM Software
8.0
2 Ratings
3% below category average
Thomson Reuters CS Professional Suite
-
Ratings
Publish to PDF7.92 Ratings00 Ratings
Report Delivery Scheduling8.01 Ratings00 Ratings
Data Discovery and Visualization
Comparison of Data Discovery and Visualization features of Product A and Product B
Catalyst, by EBM Software
7.7
1 Ratings
1% below category average
Thomson Reuters CS Professional Suite
-
Ratings
Pre-built visualization formats (heatmaps, scatter plots etc.)8.01 Ratings00 Ratings
Location Analytics / Geographic Visualization7.01 Ratings00 Ratings
Predictive Analytics8.01 Ratings00 Ratings
Access Control and Security
Comparison of Access Control and Security features of Product A and Product B
Catalyst, by EBM Software
8.0
2 Ratings
9% below category average
Thomson Reuters CS Professional Suite
-
Ratings
Multi-User Support (named login)8.02 Ratings00 Ratings
Role-Based Security Model8.02 Ratings00 Ratings
Multiple Access Permission Levels (Create, Read, Delete)8.02 Ratings00 Ratings
Mobile Capabilities
Comparison of Mobile Capabilities features of Product A and Product B
Catalyst, by EBM Software
8.0
2 Ratings
0% above category average
Thomson Reuters CS Professional Suite
-
Ratings
Responsive Design for Web Access8.02 Ratings00 Ratings
Dashboard / Report / Visualization Interactivity on Mobile8.02 Ratings00 Ratings
Budgeting, Planning, and Forecasting
Comparison of Budgeting, Planning, and Forecasting features of Product A and Product B
Catalyst, by EBM Software
8.0
2 Ratings
5% below category average
Thomson Reuters CS Professional Suite
-
Ratings
Long-term financial planning7.01 Ratings00 Ratings
Financial budgeting8.01 Ratings00 Ratings
Forecasting8.01 Ratings00 Ratings
Scenario modeling8.01 Ratings00 Ratings
Management reporting8.92 Ratings00 Ratings
Consolidation and Close
Comparison of Consolidation and Close features of Product A and Product B
Catalyst, by EBM Software
7.2
1 Ratings
13% below category average
Thomson Reuters CS Professional Suite
-
Ratings
Financial data consolidation9.01 Ratings00 Ratings
Journal entries and reports8.01 Ratings00 Ratings
Multi-currency management6.01 Ratings00 Ratings
Intercompany Eliminations5.01 Ratings00 Ratings
Minority Ownership7.01 Ratings00 Ratings
Local and consolidated reporting8.01 Ratings00 Ratings
Financial Reporting and Compliance
Comparison of Financial Reporting and Compliance features of Product A and Product B
Catalyst, by EBM Software
8.0
1 Ratings
4% below category average
Thomson Reuters CS Professional Suite
-
Ratings
Financial Statement Reporting8.01 Ratings00 Ratings
Management Reporting9.01 Ratings00 Ratings
Excel-based Reporting7.01 Ratings00 Ratings
Automated board and financial reporting8.01 Ratings00 Ratings
Analytics and Reporting
Comparison of Analytics and Reporting features of Product A and Product B
Catalyst, by EBM Software
7.2
2 Ratings
12% below category average
Thomson Reuters CS Professional Suite
-
Ratings
Personalized dashboards7.12 Ratings00 Ratings
Color-coded scorecards6.01 Ratings00 Ratings
KPIs7.01 Ratings00 Ratings
Cost and profitability analysis8.01 Ratings00 Ratings
Key Performance Indicator setting8.01 Ratings00 Ratings
Benchmarking with external data7.01 Ratings00 Ratings
Integration
Comparison of Integration features of Product A and Product B
Catalyst, by EBM Software
7.4
2 Ratings
13% below category average
Thomson Reuters CS Professional Suite
-
Ratings
Flat file integration8.01 Ratings00 Ratings
Excel data integration7.12 Ratings00 Ratings
Direct links to 3rd-party data sources7.12 Ratings00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Catalyst, by EBM Software
-
Ratings
Thomson Reuters CS Professional Suite
10.0
1 Ratings
29% above category average
Pay calculation00 Ratings10.01 Ratings
Customization
Comparison of Customization features of Product A and Product B
Catalyst, by EBM Software
-
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
Catalyst, by EBM Software
-
Ratings
Thomson Reuters CS Professional Suite
8.2
4 Ratings
6% 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
Catalyst, by EBM Software
-
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
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Catalyst, by EBM Software
-
Ratings
Thomson Reuters CS Professional Suite
8.6
4 Ratings
16% 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
Catalyst, by EBM Software
-
Ratings
Thomson Reuters CS Professional Suite
10.0
1 Ratings
37% above category average
Location management00 Ratings10.01 Ratings
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Catalyst, by EBM SoftwareThomson Reuters CS Professional Suite
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User Ratings
Catalyst, by EBM SoftwareThomson Reuters CS Professional Suite
Likelihood to Recommend
7.9
(2 ratings)
8.5
(4 ratings)
Usability
8.8
(2 ratings)
8.9
(2 ratings)
Support Rating
7.8
(2 ratings)
9.9
(2 ratings)
User Testimonials
Catalyst, by EBM SoftwareThomson Reuters CS Professional Suite
Likelihood to Recommend
EBM Software
[Catalyst, by EBM Software] is well suited to track invoices from vendors to get them paid on time to avoid late fees. [Catalyst, by EBM Software] is less appropriate when paying vendor because that is not a function they currently have. If the system was an all in one system that could track and pay your invoices it would be an amazing software.
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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
EBM Software
  • The GUI is easy to navigate on the iPad mini, which we use for charting.
  • The options are simple so there is very little room for mistakes.
  • Charting is easy and the setup allows for necessary fields that must be completed so charting stays uniform.
Read full review
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
EBM Software
  • The browser closes unexpectedly at times when refreshing the page and you get logged out
  • The incorrect vendor is chosen by Catalyst a few times
  • The Catalyst file is occasionally not placed on time in the folder
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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
EBM Software
Well.... when it works... it's good. When it doesn't it is very frustrating for our staff.
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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
EBM Software
The support for Catalyst is great and they are usually within the 48 hour response time. There could be a little quicker upload time for invoices that are submitted. They usually show up until the next day on the system and sometimes gives us a stress on time. Overall, the support is quite good
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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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Alternatives Considered
EBM Software
[Catalyst, by EBM Software] is a very easy system to use and is very user friendly. It gives you different ways of researching an invoice and not just one. Catalyst also helps to allow us to research an invoice within seconds and eliminates a lengthy and confusing process. It is a great software for first time users to learn quickly and efficiently.
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Thomson Reuters
Thomson Reuters is all I have experience with.
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Return on Investment
EBM Software
  • Catalyst is better than pencil and paper data analysis. But the app can be very frustrating when it's not working the way it did last week.
  • The GUI is very simple. Sometimes too simple, like there is no way to go back in and edit SOAP note options.
  • New feature roll-outs are mandatory. I understand that no one would opt in to being the guinea pig, but it would be nice if you weren't the first user to try it.
  • The integration with billing software has streamlined the billing notes and saved us money over having two separate systems.
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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