ONESOURCE is a powerful tax automation platform developed by Thomson Reuters, in order to centralize the entire tax cycle and related information to drive corporate tax compliance. The software combines an all-inclusive global tax content with expert backed solutions to provide taxpayers with a comprehensive, single tax engine. It simply equips users with the right technology, intelligence, and expertise to find the most appropriate solution to their needs.
ONESOURCE is principally designed for larger enterprises with complex corporate tax return needs. It provides the user with an array of robust features which include; compliance & reporting, data management, research, services, analytics, and global supply chain management. The software can be deployed as a cloud-based solution or on-premises hence it’s capable of catering for the need of companies of all sizes.
Show MoreONESOURCE consolidates all tax transactions results to aid the global tax compliance process. The software is an ideal online tax solution for the complex corporate taxes. It is a customizable, all-in-one platform that is capable of addressing all your taxes needs reliably. ONESOURCE offers assistance at every step of the tax process and provides innovative solutions that meet the needs of every stakeholder in the tax department.
With the compliance and reporting tools, ONESOURCE helps to simplify your taxation process. The compliance and reporting tools are designed to help in all process related to the tax provision, corporate income tax, indirect tax, statutory reporting, transfer pricing, and more. The reporting tools help you to generate reliable reports and build a strong foundation for the success of your business.
Every successful tax department understands the value of effective data management. Proper data management forms the foundation of success for your tax journey. The ONESOURCE data management tools provide the right technology to own your data and meet deadlines promptly. This allows your tax department to be more strategic in planning. In addition, the ONESOURCE analytics help you to analyze data and turn it into insights that aid your global tax strategy.
Moreover, ONESOURCE provides a centralized location to streamline and standardize taxation for quick decisions, confident reporting, and accurate tracking. The process management tools include; benchmarking, workflow & auditing management, and more. Besides, its global supply chain management module supports company growth, lowers the risk, and reduces operational costs.
Show MoreSince companies have specific business-related demands, it is only rational that they steer clear of selecting a one-size-fits-all, ”best” software product. Needless to say, it is almost impossible to try to find such a software product even among branded software products. The practicable step to do can be to take note of the varied major factors which entail research including key features, pricing, skill levels of staff members, organizational size, etc. The second step is, you should follow through your research to a full extent. Browse over some ONESOURCE analyses and look over each of the software products in your list more closely. Such well-rounded product research makes sure you weed out ill-fitting applications and subscribe to the system which includes all the aspects your business requires for optimal results.
Position of ONESOURCE in our main categories:
ONESOURCE is one of the top 20 Tax Software products
If you are considering ONESOURCE it could also be a good idea to check out other subcategories of Tax Software gathered in our base of SaaS software reviews.
There are well-liked and widely used solutions in each software category. But are they essentially the best fit for your enterprise’s unique requirements? A popular software product may have thousands of users, but does it offer what you require? For this reason, do not blindly spend on popular systems. Read at least a few ONESOURCE Tax Software reviews and mull over the aspects that you want in the software such as the cost, main functionality, available integrations etc. Then, shortlist a few apps that fit your requirements. Check out the free trials of these platforms, read online reviews, get clarifications from the seller, and do your homework meticulously. This exhaustive research is sure to assist you find the most excellent software platform for your firm’s special needs.
ONESOURCE Pricing Plans:
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ONESOURCE Pricing Plans:
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ONESOURCE’s SMB and enterprise pricing information is available only upon request. Contact the company for more details, and ask for your quote.
We know that when you decide to buy a Tax Software it’s crucial not only to see how experts evaluate it in their reviews, but also to find out if the actual people and enterprises that use these solutions are actually satisfied with the service. Because of that need we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and ONESOURCE reviews across a broad range of social media sites. The data is then presented in a simple to understand form revealing how many users had positive and negative experience with ONESOURCE. With that information at hand you should be equipped to make an informed business decision that you won’t regret.
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ONESOURCE average rating:
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ADD A REVIEWThe most favorable review
PROS: Onesource is a purveyor of all things tax-related. Ever since we implemented this into our workflow, it has cleaned up our data accounting and inter-departmental communication strategy. Thanks to it, we've finally bid goodbye to tedious tax computation processes too. It is an accurate assistant, and I'm glad that we have it on our team.
CONS: I still have to learn its ins and outs, but so far, I'm loving everything about Onesource.
The least favorable review
PROS: Onesource is a purveyor of all things tax-related. Ever since we implemented this into our workflow, it has cleaned up our data accounting and inter-departmental communication strategy. Thanks to it, we've finally bid goodbye to tedious tax computation processes too. It is an accurate assistant, and I'm glad that we have it on our team.
CONS: I still have to learn its ins and outs, but so far, I'm loving everything about Onesource.
More reviews from 16 actual users:
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One-stop-shop tax platform
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PROS: Being able to automate the management of documents for auditing because everything's been streamlined allows us to be ready for spot checks.
CONS: It would be great for it to cater to smaller groups too. Right now, it might be a better fit for middle- or larger-sized companies.
Automated tasks in accounting
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PROS: ONESOURCE enabled us to become a more efficient company. Its user-friendly platform helped us automate and streamline our processes across departments.
CONS: None so far.
Useful tax tool for work
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PROS: With ONESOURCE, we were able to consolidate our transactions to make it compliant to global tax requirements.
CONS: We wish there's a free trial and the price point is more friendly.
Wide variety of offerings
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PROS: It's so easy to use ONESOURCE and I have seen it develop over more than 10 years.
CONS: Newbies can benefit from a less clunky UI.
Great software with potential for more
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PROS: I've been using OneSource for several years and can easily navigate through the software.
CONS: Improved support -- perhaps an increase in support agents -- during peak times would be helpful to avoid long waits for urgent items.
Useful software for tax
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PROS: It's user-friendly because the software is straightforward and features very useful functions.
CONS: It would be great if it was priced more affordably.
Helpful data platform
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PROS: This software has the most accurate and updated tax rate data. It's very reliable, reasonably fast, with good reporting that is easy to schedule and download as PDF or CSV. Integrating ONESOURCE with our e-commerce and mobile platforms was seamless.
CONS: Web-based services can do with more fixes so it's less clunky and it would be easier to integrate with our custom CRM system.
Easy-to-use tool
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PROS: Because it's so easy to use, I can easily integrate ONESOURCE compared to other tax programs and quickly roll out error fixes.
CONS: Hoping we can avoid software lags or crashes in the future.
Always room for improvement
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PROS: This software is dependable on the tax forms I need.
CONS: There is always room for improvement. On my wishlist: an FAQ space, more helpful support staff, more accurate integrated calculator.
Reliable software for tax processes
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PROS: ONESOURCE is exactly what I need in terms of allowing accounts to accomplish tax returns correctly, without any hassle.
CONS: The lag happening during peak times can be improved.
Very useful for tax compliance.
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PROS: This tool makes tax compliance seem like a breeze. Thanks to it, we can make sure that we adhere to global tax policies and requirements. It's a truly complete and brilliant program.
CONS: So far, everything works fine for us. Sure it can be quite costly, but the benefits pay for themselves.
Virtually no learning curve here.
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PROS: I'm a fairly new Onesource user, and so far everything works great. Unlike its competitors, ProSystem and Corp Tax, it is user-friendly and is easy to learn. I've successfully identified some potentially damaging errors and have remedied them without any problem--this is all thanks to Onesource.
CONS: There are times when Onesource would get too clunky and eventually freeze or crash. Needless to say, this can be quite frustrating.
Consolidates our data.
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PROS: Onesource helps me keep all of our tax files in order. Through it, we've been able to make sure that our files are complete and accounted for.
CONS: We are a fairly small business, and in most areas, it shows that Onesource caters better to bigger companies.
Handles our data accurately.
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PROS: One of the things that I love about OneSource is that they always strive to keep themselves updated on the latest policies and requirements on tax sales and compliance. As should be the case for programs that handle delicate matters such as tax, I know that I can trust OneSource to help me generate the data that I need. The reports, so far, have been insightful and accurate. It also pays to trust a solution such as this because then I don't have to waste my time re-checking after every computation. With OneSource, I rest assured that our taxes are in good hands. I'm glad that OneSource continues to add more features into its plethora of tools. The introduction of APIs, for example, has eradicated our need to use different software to handle this.
CONS: Probably the only limitation that OneSource has is that it is based on Simple Object Access Protocol web services. As is the nature of these protocols, these can take some time to load. It would be nice to have a more robust and speedy messaging protocol. Integrations are not as smooth too.
I’ve seen this program grow.
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PROS: I've had the pleasure of seeing Onesource grow and become this robust tool that I know today. I've been using it for more than a decade and this has easily become my go-to tool for all things related to taxes.
CONS: I understand that this program needs some adjustments. But trust me, if you stick with it, you will soon reap the benefits. Admittedly, it does have its bugs that cause delay though.
This has given us a smooth workflow.
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PROS: Onesource is a purveyor of all things tax-related. Ever since we implemented this into our workflow, it has cleaned up our data accounting and inter-departmental communication strategy. Thanks to it, we've finally bid goodbye to tedious tax computation processes too. It is an accurate assistant, and I'm glad that we have it on our team.
CONS: I still have to learn its ins and outs, but so far, I'm loving everything about Onesource.
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One-stop-shop tax platform
Read full review >Overall impression
Customer Support
Value for Money
Ease of Use
Automated tasks in accounting
Read full review >Overall impression
Customer Support
Value for Money
Ease of Use
Useful tax tool for work
Read full review >Overall impression
Customer Support
Value for Money
Ease of Use
Wide variety of offerings
Read full review >Overall impression
Customer Support
Value for Money
Ease of Use
Great software with potential for more
Read full review >Overall impression
Customer Support
Value for Money
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