My Thomson Reuters ONESOURCE Review
February 03, 2021

My Thomson Reuters ONESOURCE Review

Anonymous | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User

Overall Satisfaction with Thomson Reuters ONESOURCE

Thomson Reuters [ONESOURCE] program is used not by the whole organization but within the Tax department and any users that assist with work with members within that department. The [ONESOURCE] program allows our Tax team to efficiently and effectively mange client assets and perform the necessary work for the client that is required.

Pros

  • [ONESOURCE] allows great customization
  • [ONESOURCE] allows for easy importing of client data
  • [ONESOURCE] allows data to be exported efficiently

Cons

  • Implementing the software can be user intensive
  • Learning curve for using the program
  • Increased effectiveness with users in the organization
  • Less down time processing and completing client work
Thomson Reuters has a central location for the documents. It is time saving and truly is streamlined which is one of the main reasons why this program beats out the competition. Most of the areas that one source is lacking is at the very least the equivalent or better than the competition so the parts that it does better really elevates the software against the competition

Do you think Thomson Reuters ONESOURCE delivers good value for the price?

Yes

Are you happy with Thomson Reuters ONESOURCE's feature set?

Yes

Did Thomson Reuters ONESOURCE live up to sales and marketing promises?

Yes

Did implementation of Thomson Reuters ONESOURCE go as expected?

Yes

Would you buy Thomson Reuters ONESOURCE again?

Yes

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.

Thomson Reuters ONESOURCE Feature Ratings

Type of tax
7.8
Sales and Use Taxes
8
Cross-border Taxes
8
VAT / GST Taxes
8
Energy and Fuel Taxes
7
Tax Reporting & Compliance
7.9
Geolocation for Tax Assessment
8
3rd-Party Software Integrations
8
Tax Data Reporting
9
Compliance Administration Management
7
Tax Exemption Processing
8
Tax Document Management
8
Complex Tax Scenario Management
7

Comments

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