ONESOURCE

ONESOURCE

About TrustRadius Scoring
Score 7.2 out of 100
Thomson Reuters ONESOURCE

Overview

Recent Reviews

ONESOURCE Review

1 out of 10
October 25, 2019
OneSource is used to calculate sales and use taxes. It is also used as a record-keeping system. It was used to file returns as well, but …
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Indirect Tax Manager

7 out of 10
May 21, 2018
Our organization utilizes ONESOURCE for a variety of tax reporting functions. The main focus area where I have used ONESOURCE is for tax …
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Pricing

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What is ONESOURCE?

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.

Entry-level set up fee?

  • No setup fee

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting / Integration Services

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Features Scorecard

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Product Details

What is ONESOURCE?

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.

ONESOURCE Technical Details

Operating SystemsUnspecified
Mobile ApplicationNo

Frequently Asked Questions

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.

Reviewers rate Tax Data Reporting highest, with a score of 9.

The most common users of ONESOURCE are from Enterprises (1,001+ employees) and the Accounting industry.
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Comparisons

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Reviews and Ratings

 (15)

Ratings

Reviews

(1-7 of 7)
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Score 8 out of 10
Vetted Review
Verified User
Review Source
  • We have made a positive impact in our recruiting efforts by using this platform.
  • We have saved time and been able to hire faster, which leads to more revenue.
  • Combining to one platform has saved us money and quicken the turn around time.
Score 10 out of 10
Vetted Review
Verified User
Review Source
  • By moving the tax return preparation process in-house by utilizing ONESOURCE, the company has significantly reduced the costs associated with filing the income tax returns.
  • ONESOURCE has given the company better control over the data.
  • By utilizing ONESOURCE, the company has better internal documentation that will assist in defending future audits without having to rely on outside accounting firms.
October 25, 2019

ONESOURCE Review

Score 1 out of 10
Vetted Review
Verified User
Review Source
  • 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.
Score 7 out of 10
Vetted Review
Verified User
Review Source
  • Without the use of ONESOURCE Transfer Pricing, we wouldn't be able to turn out transfer pricing documentation on our own. We have approximately 125 transfer pricing reports a year that require preparation, and outsourcing those at $15-25,000 a piece isn't feasible. We pay less than $50,000 annually for ONESOURCE Transfer Pricing and can now turn out as many reports as we need for a flat fee.
  • ONESOURCE BEPS Action Manager ("BAM") allows us to prepare both our Country by Country Report and our Master File in house. We had received quotes from accounting firms in the range of $100-200,000 annually for a Country by Country Report and $50,000 for a Master File annually. For a $20,000 investment annually in BAM, we can complete both in house.
Score 7 out of 10
Vetted Review
Verified User
Review Source
  • ONESOURCE has allowed us to better serve our recipients from an experience/support aspect and that has been a great benefit.
  • The audit trail created through the ONESOURCE information tax reporting platform has alleviated a great deal of stress when it comes to document retention.
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