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Thomson Reuters CS Professional Suite vs. XCMworkflow, from Wolters Kluwer

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    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

    XCMworkflow

    Score10 out of 10
    N/AXCMworkflow is a CAS / accounting firm administration and management software supporting firm specific workflows, project tracking, auditing, and automation of administrative tasks. It was acquired by Wolters Kluwer in September 2020, and is now a Wolters Kluwer brand.N/A
    Pricing
    Thomson Reuters CS Professional SuiteXCMworkflow
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Thomson Reuters CS Professional SuiteXCMworkflow
    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
    Thomson Reuters CS Professional SuiteXCMworkflow
    Payroll Management
    Comparison of Payroll Management features of Thomson Reuters CS Professional Suite and XCMworkflow, from Wolters Kluwer
    Feature
    Thomson Reuters CS Professional Suite
    10.0
    1 Ratings
    28% above category average
    XCMworkflow, from Wolters Kluwer
    -
    Ratings
    Pay calculation10.01 Ratings00 Ratings
    Customization
    Comparison of Customization features of Thomson Reuters CS Professional Suite and XCMworkflow, from Wolters Kluwer
    Feature
    Thomson Reuters CS Professional Suite
    8.5
    1 Ratings
    12% above category average
    XCMworkflow, from Wolters Kluwer
    -
    Ratings
    API for custom integration8.01 Ratings00 Ratings
    Plug-ins9.01 Ratings00 Ratings
    Security
    Comparison of Security features of Thomson Reuters CS Professional Suite and XCMworkflow, from Wolters Kluwer
    Feature
    Thomson Reuters CS Professional Suite
    8.2
    4 Ratings
    0% above category average
    XCMworkflow, from Wolters Kluwer
    -
    Ratings
    Single sign-on capability8.33 Ratings00 Ratings
    Role-based user permissions8.14 Ratings00 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of Thomson Reuters CS Professional Suite and XCMworkflow, from Wolters Kluwer
    Feature
    Thomson Reuters CS Professional Suite
    7.2
    4 Ratings
    8% below category average
    XCMworkflow, from Wolters Kluwer
    -
    Ratings
    Dashboards8.13 Ratings00 Ratings
    Standard reports8.04 Ratings00 Ratings
    Custom reports5.64 Ratings00 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of Thomson Reuters CS Professional Suite and XCMworkflow, from Wolters Kluwer
    Feature
    Thomson Reuters CS Professional Suite
    8.6
    4 Ratings
    12% above category average
    XCMworkflow, from Wolters Kluwer
    -
    Ratings
    Accounts payable8.01 Ratings00 Ratings
    Accounts receivable8.01 Ratings00 Ratings
    Cash management10.01 Ratings00 Ratings
    Bank reconciliation10.02 Ratings00 Ratings
    Expense management10.01 Ratings00 Ratings
    Time tracking9.01 Ratings00 Ratings
    Fixed asset management9.02 Ratings00 Ratings
    Multi-currency support7.12 Ratings00 Ratings
    Multi-division support8.01 Ratings00 Ratings
    Regulations compliance10.02 Ratings00 Ratings
    Electronic tax filing8.01 Ratings00 Ratings
    Self-service portal9.01 Ratings00 Ratings
    Primary and Secondary Ledgers8.01 Ratings00 Ratings
    Intercompany Accounting8.01 Ratings00 Ratings
    Localizations8.01 Ratings00 Ratings
    Journals and Reconciliations8.03 Ratings00 Ratings
    Enterprise Accounting8.01 Ratings00 Ratings
    Configurable Accounting8.01 Ratings00 Ratings
    Centralized Rules Framework9.01 Ratings00 Ratings
    Standardized Processes9.13 Ratings00 Ratings
    Inventory Management
    Comparison of Inventory Management features of Thomson Reuters CS Professional Suite and XCMworkflow, from Wolters Kluwer
    Feature
    Thomson Reuters CS Professional Suite
    10.0
    1 Ratings
    31% above category average
    XCMworkflow, from Wolters Kluwer
    -
    Ratings
    Location management10.01 Ratings00 Ratings
    Best Alternatives
    Thomson Reuters CS Professional SuiteXCMworkflow
    Small Businesses
    QuickBooks Self-Employed (discontinued)
    Score4.3 out of 10
    No answers on this topic
    Medium-sized Companies
    MYOB
    Score8.3 out of 10
    No answers on this topic
    Enterprises
    Microsoft Dynamics GP
    Score5.5 out of 10
    No answers on this topic
    All AlternativesView all alternativesView all alternatives
    User Ratings
    Thomson Reuters CS Professional SuiteXCMworkflow
    Likelihood to Recommend
    8.5
    (4 ratings)
    -
    (0 ratings)
    Usability
    8.9
    (2 ratings)
    -
    (0 ratings)
    Support Rating
    9.9
    (2 ratings)
    -
    (0 ratings)
    User Testimonials
    Thomson Reuters CS Professional SuiteXCMworkflow
    Likelihood to Recommend
    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
    Wolters Kluwer
    No answers on this topic
    Pros
    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
    Wolters Kluwer
    No answers on this topic
    Cons
    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
    Wolters Kluwer
    No answers on this topic
    Usability
    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
    Wolters Kluwer
    No answers on this topic
    Support Rating
    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
    Wolters Kluwer
    No answers on this topic
    Alternatives Considered
    Thomson Reuters
    Thomson Reuters is all I have experience with.
    Incentivized
    Read full review
    Wolters Kluwer
    No answers on this topic
    Return on Investment
    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
    Wolters Kluwer
    No answers on this topic
    ScreenShots