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Thomson Reuters CS Professional Suite

Thomson Reuters CS Professional Suite

Overview

What is Thomson Reuters CS Professional Suite?

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.

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Recent Reviews

TrustRadius Insights

CS Professional Suite has been a game-changer for many organizations, solving the problem of scattered virtual files by providing a …
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Pricing

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What is Thomson Reuters CS Professional Suite?

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.

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  • Free/Freemium Version
  • Premium Consulting/Integration Services

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Product Details

What is Thomson Reuters CS Professional Suite?

Thomson Reuters CS Professional Suite Technical Details

Operating SystemsUnspecified
Mobile ApplicationNo
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Reviews and Ratings

(18)

Community Insights

TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!

CS Professional Suite has been a game-changer for many organizations, solving the problem of scattered virtual files by providing a centralized server for all clients. This has resulted in significant time and cost savings. Users have praised the application for its usefulness in managing invoices and production revenue, noting its minimal chances of error and excellent support features.

The FileCabinet feature is highly regarded for its ability to easily scan and access documents, improving office efficiency. Overall, users are satisfied with the suite of products offered by CS Professional Suite. Payroll processing has become easier and more efficient thanks to the software's capabilities. Additionally, the complete solution provided by CS Professional Suite helps streamline operations and allows for a more strategic approach.

The cloud component of the software adds an extra layer of convenience, enabling work to be completed even when someone is out of the office. This feature has been greatly appreciated by users. Furthermore, the software facilitates better communication and collaboration within organizations. Users particularly find the payroll and tax aspects of the software to be highly useful.

Implementing CS Professional Suite has resulted in more manageable and efficient operations for many businesses, reducing their reliance on outside accountants and generating cost savings. The fraud detection and ownership verification features have also received praise for being more detailed and reliable compared to competitors' platforms. Users have not encountered any major problems with the software.

CS Professional Suite is utilized across various departments for tax preparation, accounting, and financial statement production purposes. It helps track and monitor fixed assets and depreciation, allowing for more in-depth analysis and effective collaboration. In one successful implementation case study, CS Professional Suite was used for project-based time billing and expense tracking in an organization with multiple offices and constant users.

Overall, CS Professional Suite has proven to be a valuable tool that optimizes operations, improves efficiency, reduces costs, enhances collaboration, and provides a comprehensive solution for various accounting needs.

Integration Between Software: Users highly praised the integration between all the software in CS Professional Suite, with many stating that it was incredibly convenient to have everything they needed at their fingertips. This seamless integration allows users to access their tax software, recordkeeping software, accounting software, and help software all in one place. Efficient Time Tracking and Billing: Several reviewers mentioned that CS Professional Suite provides efficient time tracking and billing capabilities. They found the software beneficial in allocating billing details with a full authentic approach. The ability to track time accurately and provide a client portal with greater efficiency has been especially valuable for staff management. Ease of Use: Many users appreciated the ease of learning and using CS Professional Suite. They mentioned that the software is easy to navigate and find reports, indicating a user-friendly interface. When users had questions or needed assistance, they found customer service to be great.

CS Professional Suite offers seamless integration between its various software components, providing convenience and accessibility for users. The efficient time tracking and billing capabilities have been praised by several reviewers for their accuracy and effectiveness in managing tasks. Additionally, the ease of use and availability of customer support contribute to a positive user experience with the software.

Excessive Setup Time: Several users have found the setup process for the file cabinet to be time-consuming and excessive, causing frustration and delays in getting started with the software.

Performance Issues: Some reviewers have expressed concerns about the software becoming slow during heavy traffic. They suggest implementing better program management to ensure smooth performance even under high usage.

Difficulty in Finding Answers and Support Charges: Users have mentioned that it can be challenging to find specific answers without contacting support, which may result in potential charges. This has led to dissatisfaction among some customers who were expecting more accessible and free support options.

Users highly recommend CS Professional Suite for smaller offices to ensure seamless communication and collaboration. They find the option to customize programs based on their needs very useful. Specifically, users highly recommend it for payroll management due to its user-friendly interface and ease of use after running just one payroll.

The Accounting CS program within the suite is widely praised for its simplicity and effectiveness in handling company payroll. Users specifically recommend it for this purpose.

Users have found CS Professional Suite to be a valuable investment, particularly for those in accounting roles. They appreciate the ease of maximizing the program's features.

CS Professional Suite is regarded as a worthwhile purchase for individuals skilled in bookkeeping and financial management. Users value its intuitive interface, fraud detection capabilities, and seamless integration with various sources.

One user suggests enhancing the software by incorporating a point system, similar to other products like WestLaw or Bloomberg, to enhance user experience and engagement.

Attribute Ratings

Reviews

(1-3 of 3)
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Score 8 out of 10
Vetted Review
Verified User
Incentivized
At the time, we started by implementing a project-based time billing system and hourly charges. Where employees could record their times on a stable platform and anywhere. The implementation was at that time for the entire organization, which were three offices in the country and with about 150 constant users. Additionally, records of expenses on account of the client such as courier and others were included.
  • A reasonable price.
  • Relatively easy climbing possibilities.
  • Brand reputation value of Thomson Reuters.
  • Customization of some timestamp functions for a country other than the United States is relatively limited.
  • As well as the Spanish language does not have support or usability on the platform, which although it is not a major inconvenience if it slows down the use for some of our collaborators.
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.
General Ledger and Configurable Accounting (21)
24.285714285714285%
2.4
Accounts payable
N/A
N/A
Accounts receivable
N/A
N/A
Cash management
N/A
N/A
Bank reconciliation
N/A
N/A
Expense management
N/A
N/A
Time tracking
90%
9.0
Fixed asset management
90%
9.0
Multi-currency support
70%
7.0
Multi-division support
N/A
N/A
Regulations compliance
N/A
N/A
Electronic tax filing
N/A
N/A
Self-service portal
90%
9.0
Global Financial Support
N/A
N/A
Primary and Secondary Ledgers
N/A
N/A
Intercompany Accounting
N/A
N/A
Localizations
80%
8.0
Journals and Reconciliations
N/A
N/A
Enterprise Accounting
N/A
N/A
Configurable Accounting
N/A
N/A
Centralized Rules Framework
N/A
N/A
Standardized Processes
90%
9.0
Inventory Management (4)
N/A
N/A
Inventory tracking
N/A
N/A
Automatic reordering
N/A
N/A
Location management
N/A
N/A
Manufacturing module
N/A
N/A
Order Management (7)
N/A
N/A
Pricing
N/A
N/A
Order entry
N/A
N/A
Credit card processing
N/A
N/A
Cost of goods sold
N/A
N/A
Order Orchestration
N/A
N/A
End-to-end order visibility
N/A
N/A
Order exception Resolution
N/A
N/A
Payroll Management (5)
N/A
N/A
Pay calculation
N/A
N/A
Benefit plan administration
N/A
N/A
Direct deposit files
N/A
N/A
Salary revision and increment management
N/A
N/A
Reimbursement management
N/A
N/A
Reporting & Analytics (3)
70%
7.0
Dashboards
80%
8.0
Standard reports
80%
8.0
Custom reports
50%
5.0
Customization (2)
N/A
N/A
API for custom integration
N/A
N/A
Plug-ins
N/A
N/A
Security (2)
80%
8.0
Role-based user permissions
80%
8.0
Single sign-on capability
80%
8.0
  • Even when its implementation was painful, we found an improvement of about 35% reduction in the time invested in recording billing times and expenses for our clients.
  • In our experience, the use of the CS suite will return the investment in less than a year of use.
The support for the implementation and the customization services in custom reports made us decide on CS Professional Suite.
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.
They are great, their support and knowledge in the implementation and after-sales service was really incredible. Although the cost of its tailor-made reporting service is somewhat expensive and inflexible, once the survey was carried out and the plan was drawn up, it was fully fulfilled in a timely manner. We miss a support in our native language, since we only find English as a means of contact with them.
Score 7 out of 10
Vetted Review
Verified User
Incentivized
Thomson Reuters CS Professional Suite is used by our organization for tax preparation purposes throughout the whole organization. We handle a majority of our financial statement preparation within the applications and the flow of information between CS Professional Suite's products help streamline formalizing the accounting software numbers we import into it.
  • Import information between its products and Excel.
  • Straightforward keypunching processed designed for accounting.
  • Strong customization of reporting.
  • Requires a time investment for the learning curve to fully utilize the benefits provided by CS Professional Suite.
  • Older looking UI and aesthetic.
This product is best suited for public accounting firms. I would recommend this to small-medium sized accounting firms as I believe they can best utilize the multiple services provided by CS Professional Suite. The ability to access server files and review changelogs/audit logs/ and other pertinent information allow for a strong level of collaboration between employees.
General Ledger and Configurable Accounting (21)
20.952380952380953%
2.1
Accounts payable
N/A
N/A
Accounts receivable
N/A
N/A
Cash management
N/A
N/A
Bank reconciliation
N/A
N/A
Expense management
N/A
N/A
Time tracking
N/A
N/A
Fixed asset management
100%
10.0
Multi-currency support
N/A
N/A
Multi-division support
N/A
N/A
Regulations compliance
80%
8.0
Electronic tax filing
80%
8.0
Self-service portal
N/A
N/A
Global Financial Support
N/A
N/A
Primary and Secondary Ledgers
N/A
N/A
Intercompany Accounting
N/A
N/A
Localizations
N/A
N/A
Journals and Reconciliations
80%
8.0
Enterprise Accounting
N/A
N/A
Configurable Accounting
N/A
N/A
Centralized Rules Framework
N/A
N/A
Standardized Processes
100%
10.0
Inventory Management (4)
25%
2.5
Inventory tracking
N/A
N/A
Automatic reordering
N/A
N/A
Location management
100%
10.0
Manufacturing module
N/A
N/A
Order Management (7)
N/A
N/A
Pricing
N/A
N/A
Order entry
N/A
N/A
Credit card processing
N/A
N/A
Cost of goods sold
N/A
N/A
Order Orchestration
N/A
N/A
End-to-end order visibility
N/A
N/A
Order exception Resolution
N/A
N/A
Payroll Management (5)
N/A
N/A
Pay calculation
N/A
N/A
Benefit plan administration
N/A
N/A
Direct deposit files
N/A
N/A
Salary revision and increment management
N/A
N/A
Reimbursement management
N/A
N/A
Reporting & Analytics (3)
66.66666666666667%
6.7
Dashboards
N/A
N/A
Standard reports
100%
10.0
Custom reports
100%
10.0
Customization (2)
N/A
N/A
API for custom integration
N/A
N/A
Plug-ins
N/A
N/A
Security (2)
50%
5.0
Role-based user permissions
100%
10.0
Single sign-on capability
N/A
N/A
  • 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.
Not included in the selection process of Thomson Reuters CS Professional Suite, however, in my team at the company using the product, it has developed in large leaps. From implementing the required changes resulting from changes in tax law to industry-specific hurdles such as additional support during tax season, this product has been trust-worthy and reliable throughout my use.
Cyndy Ramey | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Incentivized
We use most programs associated with RT. We use it across the whole organization. It is used for after the fact payroll and for processing accounting and producing financial statements for our clients.
  • It is excel based which makes it easier to input information.
  • I think the program should require you to close the client instead of just changing the client id#. It is too easy to enter data into the wrong company.
I think it is user friendly after you get used to the program.
General Ledger and Configurable Accounting (2)
100%
10.0
Bank reconciliation
100%
10.0
Journals and Reconciliations
100%
10.0
Inventory Management
N/A
N/A
Order Management
N/A
N/A
Payroll Management (1)
100%
10.0
Pay calculation
100%
10.0
Reporting & Analytics (3)
100%
10.0
Dashboards
100%
10.0
Standard reports
100%
10.0
Custom reports
100%
10.0
Customization
N/A
N/A
Security (2)
100%
10.0
Role-based user permissions
100%
10.0
Single sign-on capability
100%
10.0
  • I was provided the program to use by management so I can't answer this question.
Thomson Reuters is all I have experience with.
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