SAP S/4HANA Cloud vs. Thomson Reuters ONESOURCE

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
SAP S/4HANA Cloud
Score 8.5 out of 10
N/A
SAP S/4HANA Cloud is a modular cloud ERP software designed for every business need – powered by AI and analytics. SAP S/4HANA Cloud enables users to run mission-critical operations in real time from anywhere, introduce new business models in an industry, and expand globally. It can be deployed either on premise, in the cloud, or in a hybrid combination for quicker time-to-value.
$0
per month FUE users*
Thomson Reuters ONESOURCE
Score 7.3 out of 10
N/A
Thomson Reuters ONESOURCE is a portfolio of tax and accounting technology for corporations designed to help users boost collaboration with departments and partners and ensure seamless tax compliance no matter where a company does business.N/A
Pricing
SAP S/4HANA CloudThomson Reuters ONESOURCE
Editions & Modules
SAP S/4HANA Cloud
Custom Pricing
per month FUE users*
No answers on this topic
Offerings
Pricing Offerings
SAP S/4HANA CloudThomson Reuters ONESOURCE
Free Trial
YesNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeRequiredNo setup fee
Additional Details* FUE = Full user equivalent, which allows flexible customer choice among: 1 Advanced user, 3 Core-users, or 30 self-service users per FUE. Minimum purchase is 35 FUEs.
More Pricing Information
Community Pulse
SAP S/4HANA CloudThomson Reuters ONESOURCE
Considered Both Products
SAP S/4HANA Cloud
Thomson Reuters ONESOURCE

No answer on this topic

Top Pros

No answers on this topic

Top Cons

No answers on this topic

Features
SAP S/4HANA CloudThomson Reuters ONESOURCE
Payroll Management
Comparison of Payroll Management features of Product A and Product B
SAP S/4HANA Cloud
7.8
221 Ratings
8% above category average
Thomson Reuters ONESOURCE
-
Ratings
Pay calculation7.7183 Ratings00 Ratings
Benefit plan administration7.3190 Ratings00 Ratings
Direct deposit files7.4186 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
SAP S/4HANA Cloud
7.3
328 Ratings
1% above category average
Thomson Reuters ONESOURCE
-
Ratings
API for custom integration7.4314 Ratings00 Ratings
Plug-ins7.2289 Ratings00 Ratings
Security
Comparison of Security features of Product A and Product B
SAP S/4HANA Cloud
8.3
374 Ratings
2% above category average
Thomson Reuters ONESOURCE
-
Ratings
Single sign-on capability8.6348 Ratings00 Ratings
Role-based user permissions8.1367 Ratings00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
SAP S/4HANA Cloud
7.2
373 Ratings
3% above category average
Thomson Reuters ONESOURCE
-
Ratings
Dashboards7.1347 Ratings00 Ratings
Standard reports7.5368 Ratings00 Ratings
Custom reports7.1346 Ratings00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
SAP S/4HANA Cloud
8.3
358 Ratings
9% above category average
Thomson Reuters ONESOURCE
-
Ratings
Accounts payable8.0356 Ratings00 Ratings
Accounts receivable8.0345 Ratings00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
SAP S/4HANA Cloud
8.0
317 Ratings
2% above category average
Thomson Reuters ONESOURCE
-
Ratings
Inventory tracking8.2309 Ratings00 Ratings
Automatic reordering8.2269 Ratings00 Ratings
Location management7.3263 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
SAP S/4HANA Cloud
7.8
333 Ratings
0% above category average
Thomson Reuters ONESOURCE
-
Ratings
Pricing7.6315 Ratings00 Ratings
Order entry8.2324 Ratings00 Ratings
Credit card processing7.623 Ratings00 Ratings
Cost of goods sold7.8306 Ratings00 Ratings
Type of tax
Comparison of Type of tax features of Product A and Product B
SAP S/4HANA Cloud
-
Ratings
Thomson Reuters ONESOURCE
7.7
2 Ratings
9% below category average
Sales and Use Taxes00 Ratings8.02 Ratings
Cross-border Taxes00 Ratings8.01 Ratings
VAT / GST Taxes00 Ratings8.01 Ratings
Energy and Fuel Taxes00 Ratings7.01 Ratings
Tax Reporting & Compliance
Comparison of Tax Reporting & Compliance features of Product A and Product B
SAP S/4HANA Cloud
-
Ratings
Thomson Reuters ONESOURCE
7.8
3 Ratings
7% below category average
Geolocation for Tax Assessment00 Ratings8.02 Ratings
3rd-Party Software Integrations00 Ratings8.02 Ratings
Tax Data Reporting00 Ratings9.03 Ratings
Compliance Administration Management00 Ratings7.03 Ratings
Tax Exemption Processing00 Ratings8.02 Ratings
Tax Document Management00 Ratings8.02 Ratings
Complex Tax Scenario Management00 Ratings7.02 Ratings
Best Alternatives
SAP S/4HANA CloudThomson Reuters ONESOURCE
Small Businesses
Acumatica
Acumatica
Score 8.7 out of 10
Canopy
Canopy
Score 9.5 out of 10
Medium-sized Companies
Infor VISUAL
Infor VISUAL
Score 7.5 out of 10
LOVAT
LOVAT
Score 10.0 out of 10
Enterprises
SAP Business ByDesign
SAP Business ByDesign
Score 7.5 out of 10
Vertex
Vertex
Score 8.6 out of 10
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User Ratings
SAP S/4HANA CloudThomson Reuters ONESOURCE
Likelihood to Recommend
8.6
(416 ratings)
8.0
(7 ratings)
Likelihood to Renew
8.9
(9 ratings)
-
(0 ratings)
Usability
8.2
(309 ratings)
-
(0 ratings)
Availability
10.0
(2 ratings)
-
(0 ratings)
Performance
8.0
(1 ratings)
-
(0 ratings)
Support Rating
8.3
(75 ratings)
5.9
(2 ratings)
Online Training
9.0
(1 ratings)
-
(0 ratings)
Implementation Rating
7.3
(4 ratings)
-
(0 ratings)
Configurability
8.0
(1 ratings)
-
(0 ratings)
Ease of integration
6.0
(1 ratings)
-
(0 ratings)
Product Scalability
10.0
(1 ratings)
-
(0 ratings)
Vendor post-sale
7.0
(1 ratings)
-
(0 ratings)
Vendor pre-sale
6.0
(1 ratings)
-
(0 ratings)
User Testimonials
SAP S/4HANA CloudThomson Reuters ONESOURCE
Likelihood to Recommend
SAP
SAP S/4HANA Cloud leverages an in-memory database, allowing for real-time data processing and analytics. This enables organizations to make informed decisions based on up-to-the-minute information S/4HANA Cloud integrates various business modules, including finance, procurement, sales, manufacturing, and supply chain. This integration facilitates seamless data flow across different functional areas
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Thomson Reuters
We use [Thomson Reuters ONESOURCE] to prepare federal and state income tax returns which allows us to complete the work assigned very quickly and allow senior members of the team to review the work before submitting in a very fluid state. While not in the tax or busy season, the program is not as used as much.
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Pros
SAP
  • Complete production cycle, right from planning to final product manufacturing.
  • Keeping all documents in one place, with ability to upload important stuff against the particular entries.
  • Maintain trail of any changes made to data, validations at the right places and methodological working of each process
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Thomson Reuters
  • ONESOURCE is excellent for providing a holistic suite of products that are specifically geared toward tax compliance.
  • ONESOURCE also does an excellent job of maintaining a fresh look and appearance to their products, but doesn't change the base functionality just to sell more or improve the look of the product.
  • ONESOURCE also does an excellent job of maintaining current tax information. In an ever changing tax world, this is the most important thing for a piece of tax software to provide.
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Cons
SAP
  • The complex integration we have with ERPs make it difficult to move or upgrade to SAP S4 HANA. Reimplementing all integrations and not impact business is a challenge
  • Requires a lot of tedious testing so that no role or function is impacted
  • Very time consuming to implement or upgrade. For large corporations it would take years to slowly migrate to S4HANA
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Thomson Reuters
  • ONESOURCE absolutely needs to restore their TIN Matching feature. Not having a TIN Matching feature is huge and needs to be addressed immediately.
  • The software interface itself is outdated and clunky. It is way behind in terms of user-friendliness and convenience. Additionally, it is only compatible with Internet Explorer. ONESOURCE is literally the only reason I would ever access Internet Explorer which is notably slower and more prone to freezing than Google Chrome or Safari. A good portion of our business uses Macs which means they are SOL on accessing ONESOURCE.
  • The ability to look at multiple tax years for a single recipient would be huge. Currently, if a recipient asks us to pull three years of data, this means three different searches within each year's ONESOURCE instance. It's tedious and could be improved.
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Likelihood to Renew
SAP
The cost of SAP as an ERP is quite high and the switching costs associated with ERP systems are even higher. That being said moving from one ERP to another only happens once in a great while for large organizations. Those switching costs include retraining, IT hardware requirements, outside consultants and more
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Thomson Reuters
No answers on this topic
Usability
SAP
Modern User Interface:
The system features a contemporary and visually appealing interface, promoting a more engaging user experience.
Role-Based Access:
Users access role-specific dashboards and functionalities, ensuring a personalized experience tailored to their responsibilities.
Intuitive Navigation:
Streamlined menus and navigation paths contribute to an intuitive user experience, reducing the learning curve for new users.
Responsive Design:
The platform is designed to be responsive across various devices, allowing users to access information and perform tasks on desktops, tablets, or mobile devices
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Thomson Reuters
No answers on this topic
Support Rating
SAP
The technical support received by the ITT design teams and OS implementation team has been very useful in ensuring that the SAP ERP is well-tailored to our company's specific needs and operations. This coupled with the training materials, business process maps, and concept demos (sand-box demos) makes adoption easy on end-users.
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Thomson Reuters
The ONESOURCE support has improved significantly over the years. Support sends out emails with the answer provided which helps in the future when the same issue occurs. This reduces the amount of calls to ONESOURCE Support as you can better document the calls and rely on previous answers if the same issue occurs. ONESOURCE support has also implemented a callback feature that reduces the amount of time spent on hold.
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Implementation Rating
SAP
Implementation was as expected. We had minor issues with our Z* transactions, but nothing special. Some tables were extended and needed regeneration. Overall satisfactions is good.
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Thomson Reuters
No answers on this topic
Alternatives Considered
SAP
In our quest for an ERP solution, we evaluated alternatives such as Oracle ERP Cloud and Microsoft Dynamics 365. However, SAP S/4HANA Cloud's reputation for advanced analytics, scalability, and seamless integration with other SAP solutions made it the natural choice for our organization's digital journey.
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Thomson Reuters
As I said it is an easy-to-use platform and saved us time and money. They have great customer service and have helped our company get new hires checked and in-service faster than our old company. By combining the two services in one place it has made it easier for the new hire and the HR staff to track results. I am a fan!
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Return on Investment
SAP
  • Cost Savings and Lower Total Cost of Ownership (TCO):
  • While the initial implementation costs might be significant, the centralized data management and automation features can lead to cost savings over time. This might be achieved through reduced manual labor, better inventory control, optimized procurement processes, and streamlined operations, resulting in a lower TCO.
  • Better Visibility and Compliance:
  • The system's ability to offer comprehensive data visibility can enhance compliance efforts, mitigating risks and ensuring adherence to regulatory requirements. This can lead to reduced fines or penalties related to non-compliance issues.
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Thomson Reuters
  • Leaves sales tax off invoices from time to time.
  • Reduces the amount of manual work needed to calculate sales tax and to update tax rates.
Read full review
ScreenShots

SAP S/4HANA Cloud Screenshots

Screenshot of the Order to Cash Dashboard - For the management of the order-to-cash process more efficiently across revenue streams and business models - including sales of physical and digital goods, services, subscriptions, projects, and bundles.Screenshot of Sales Management Overview - Helps ensure sales reps meet their goals with an overview of orders and key sales performance metrics, with status tracking for each order in real time for the early detection of potential issues.Screenshot of Purchasing Spend Dashboard - For weighing various aspects of purchasing spend through quick access to clear, complete, and real-time data, with less risk, and without opening different reports and transactions.Screenshot of Operational Supplier Evaluation - Provides a transparent overview of suppliers. Users can approve the most reliable vendors and get the right mix to serve business needs while reducing risk.Screenshot of Inventory Management - Provides visibility to manage supply chains, to mitigate risk, avoid unnecessary costs, maximize efficiency, and fulfill customer orders on time.Screenshot of Inventory Processing - Enables real-time supply chain visibility and provides meaningful metrics, with customizable dashboards and reports that display real-time inventory that track the status of inbound and outbound deliveries.