Bloomberg Tax is Great.
January 10, 2025

Bloomberg Tax is Great.

Ahsan Mirza | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with Bloomberg Tax

We use it for all of our domestic and International tax issues. We use research tools, tables, and charts to help navigate issues. It also helps plan more effectively without spending more money on consultants. It is a budget savior, not a budget waster.

Pros

  • Research
  • Chart Creations.
  • Help narrow down or identify the exact issue you have.
  • Customer Support through the help line.

Cons

  • Tax Tables for Sales Tax.
  • Taxability Matrix.
  • Nexus Issues.
  • Return on Investment.
  • Reduced Consultant Costs.
  • Speeding up answers on questions.
  • Building up internal tax function.
Overall, it is a good value for the money we pay for it, and it helps our tax process.
I think it is a superior product with more features.

Do you think Bloomberg Tax delivers good value for the price?

Yes

Are you happy with Bloomberg Tax's feature set?

Yes

Did Bloomberg Tax live up to sales and marketing promises?

No

Did implementation of Bloomberg Tax go as expected?

Yes

Would you buy Bloomberg Tax again?

Yes

It is great for tax research and helping set up a tax process. You can use it as a tool to reduce costs and not be dependent on your outside advisors. Support is good overall and of good value as long as you sign a longer-term deal.

Bloomberg Tax Feature Ratings

Type of tax
9.3
Sales and Use Taxes
8
Cross-border Taxes
10
VAT / GST Taxes
10
Energy and Fuel Taxes
Not Rated
Tax Reporting & Compliance
8.5
Geolocation for Tax Assessment
9
3rd-Party Software Integrations
8
Tax Data Reporting
9
Compliance Administration Management
9
Tax Document Management
8
Complex Tax Scenario Management
8

Comments

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