TrustRadius: an HG Insights company

Thomson Reuters CS Professional Suite vs. Thomson Reuters ONESOURCE

Save this comparison

Save this comparison

Add Product

Recommended Comparisons

    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Thomson Reuters CS Professional Suite

    Score6.6 out of 10
    N/AThomson 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.N/A

    Thomson Reuters ONESOURCE

    Score7.3 out of 10
    N/AThomson 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.N/A
    Pricing
    Thomson Reuters CS Professional SuiteThomson Reuters ONESOURCE
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Thomson Reuters CS Professional SuiteThomson Reuters ONESOURCE
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    Community Pulse
    Thomson Reuters CS Professional SuiteThomson Reuters ONESOURCE
    Considered Both Products
    Thomson Reuters
    No answer on this topic
    Thomson Reuters
    Chose Thomson Reuters ONESOURCE
    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 …
    Incentivized
    Key User Insights
    Would buy again
    No answers on this topic
    80%
    Would buy again
    4 Answers
    Delivers good value for the price
    No answers on this topic
    80%
    Delivers good value for the price
    4 Answers
    Happy with the feature set
    No answers on this topic
    80%
    Happy with the feature set
    4 Answers
    Lived up to sales and marketing promises
    No answers on this topic
    No answers on this topic
    Implementation went as expected
    No answers on this topic
    No answers on this topic
    Features
    Thomson Reuters CS Professional SuiteThomson Reuters ONESOURCE
    Payroll Management
    Comparison of Payroll Management features of Thomson Reuters CS Professional Suite and Thomson Reuters ONESOURCE
    Feature
    Thomson Reuters CS Professional Suite
    10.0
    1 Ratings
    25% above category average
    Thomson Reuters ONESOURCE
    -
    Ratings
    Pay calculation10.01 Ratings00 Ratings
    Customization
    Comparison of Customization features of Thomson Reuters CS Professional Suite and Thomson Reuters ONESOURCE
    Feature
    Thomson Reuters CS Professional Suite
    8.5
    1 Ratings
    11% above category average
    Thomson Reuters ONESOURCE
    -
    Ratings
    API for custom integration8.01 Ratings00 Ratings
    Plug-ins9.01 Ratings00 Ratings
    Security
    Comparison of Security features of Thomson Reuters CS Professional Suite and Thomson Reuters ONESOURCE
    Feature
    Thomson Reuters CS Professional Suite
    8.2
    4 Ratings
    2% below category average
    Thomson Reuters ONESOURCE
    -
    Ratings
    Single sign-on capability8.33 Ratings00 Ratings
    Role-based user permissions8.14 Ratings00 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of Thomson Reuters CS Professional Suite and Thomson Reuters ONESOURCE
    Feature
    Thomson Reuters CS Professional Suite
    7.2
    4 Ratings
    9% below category average
    Thomson Reuters ONESOURCE
    -
    Ratings
    Dashboards8.13 Ratings00 Ratings
    Standard reports8.04 Ratings00 Ratings
    Custom reports5.64 Ratings00 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of Thomson Reuters CS Professional Suite and Thomson Reuters ONESOURCE
    Feature
    Thomson Reuters CS Professional Suite
    8.6
    4 Ratings
    10% above category average
    Thomson Reuters ONESOURCE
    -
    Ratings
    Accounts payable8.01 Ratings00 Ratings
    Accounts receivable8.01 Ratings00 Ratings
    Cash management10.01 Ratings00 Ratings
    Bank reconciliation10.02 Ratings00 Ratings
    Expense management10.01 Ratings00 Ratings
    Time tracking9.01 Ratings00 Ratings
    Fixed asset management9.02 Ratings00 Ratings
    Multi-currency support7.12 Ratings00 Ratings
    Multi-division support8.01 Ratings00 Ratings
    Regulations compliance10.02 Ratings00 Ratings
    Electronic tax filing8.01 Ratings00 Ratings
    Self-service portal9.01 Ratings00 Ratings
    Primary and Secondary Ledgers8.01 Ratings00 Ratings
    Intercompany Accounting8.01 Ratings00 Ratings
    Localizations8.01 Ratings00 Ratings
    Journals and Reconciliations8.03 Ratings00 Ratings
    Enterprise Accounting8.01 Ratings00 Ratings
    Configurable Accounting8.01 Ratings00 Ratings
    Centralized Rules Framework9.01 Ratings00 Ratings
    Standardized Processes9.13 Ratings00 Ratings
    Inventory Management
    Comparison of Inventory Management features of Thomson Reuters CS Professional Suite and Thomson Reuters ONESOURCE
    Feature
    Thomson Reuters CS Professional Suite
    10.0
    1 Ratings
    31% above category average
    Thomson Reuters ONESOURCE
    -
    Ratings
    Location management10.01 Ratings00 Ratings
    Type of tax
    Comparison of Type of tax features of Thomson Reuters CS Professional Suite and Thomson Reuters ONESOURCE
    Feature
    Thomson Reuters CS Professional Suite
    -
    Ratings
    Thomson Reuters ONESOURCE
    7.7
    2 Ratings
    2% below category average
    Sales and Use Taxes00 Ratings8.02 Ratings
    Cross-border Taxes00 Ratings8.01 Ratings
    VAT / GST Taxes00 Ratings8.01 Ratings
    Energy and Fuel Taxes00 Ratings7.01 Ratings
    Tax Reporting & Compliance
    Comparison of Tax Reporting & Compliance features of Thomson Reuters CS Professional Suite and Thomson Reuters ONESOURCE
    Feature
    Thomson Reuters CS Professional Suite
    -
    Ratings
    Thomson Reuters ONESOURCE
    7.8
    3 Ratings
    1% below category average
    Geolocation for Tax Assessment00 Ratings8.02 Ratings
    3rd-Party Software Integrations00 Ratings8.02 Ratings
    Tax Data Reporting00 Ratings9.03 Ratings
    Compliance Administration Management00 Ratings7.03 Ratings
    Tax Exemption Processing00 Ratings8.02 Ratings
    Tax Document Management00 Ratings8.02 Ratings
    Complex Tax Scenario Management00 Ratings7.02 Ratings
    Best Alternatives
    Thomson Reuters CS Professional SuiteThomson Reuters ONESOURCE
    Small Businesses
    Sage Accounting
    Score9.1 out of 10
    TaxJar
    Score8.6 out of 10
    Medium-sized Companies
    MYOB
    Score7.7 out of 10
    LOVAT
    Score10 out of 10
    Enterprises
    Microsoft Dynamics GP
    Score6.8 out of 10
    CCH® SureTax®
    Score7.5 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    Thomson Reuters CS Professional SuiteThomson Reuters ONESOURCE
    Likelihood to Recommend
    8.5
    (4 ratings)
    5.0
    (8 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    8.0
    (1 ratings)
    Usability
    8.9
    (2 ratings)
    -
    (0 ratings)
    Support Rating
    9.9
    (2 ratings)
    5.9
    (2 ratings)
    User Testimonials
    Thomson Reuters CS Professional SuiteThomson Reuters ONESOURCE
    Likelihood to Recommend
    Thomson Reuters
    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.
    Incentivized
    Read full review
    Thomson Reuters
    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.
    Incentivized
    Read full review
    Pros
    Thomson Reuters
    • Allows users to create associations, groups, locations, or property types to categorize each asset.
    • Fixed Assets CS can be deployed in a virtual office setting or as a SaaS application.
    • Fixed Assets CS also supports common depreciation methods.
    Incentivized
    Read full review
    Thomson Reuters
    • ONESOURCE is excellent for providing a holistic suite of products that are specifically geared toward tax compliance.
    • ONESOURCE also does an excellent job of maintaining a fresh look and appearance to their products, but doesn't change the base functionality just to sell more or improve the look of the product.
    • ONESOURCE also does an excellent job of maintaining current tax information. In an ever changing tax world, this is the most important thing for a piece of tax software to provide.
    Incentivized
    Read full review
    Cons
    Thomson Reuters
    • Requires a time investment for the learning curve to fully utilize the benefits provided by CS Professional Suite.
    • Older looking UI and aesthetic.
    Incentivized
    Read full review
    Thomson Reuters
    • ONESOURCE absolutely needs to restore their TIN Matching feature. Not having a TIN Matching feature is huge and needs to be addressed immediately.
    • The software interface itself is outdated and clunky. It is way behind in terms of user-friendliness and convenience. Additionally, it is only compatible with Internet Explorer. ONESOURCE is literally the only reason I would ever access Internet Explorer which is notably slower and more prone to freezing than Google Chrome or Safari. A good portion of our business uses Macs which means they are SOL on accessing ONESOURCE.
    • The ability to look at multiple tax years for a single recipient would be huge. Currently, if a recipient asks us to pull three years of data, this means three different searches within each year's ONESOURCE instance. It's tedious and could be improved.
    Incentivized
    Read full review
    Likelihood to Renew
    Thomson Reuters
    No answers on this topic
    Thomson Reuters
    To reiterate - a very useful tool for private company information, otherwise not forthcoming on the public domain. It is very crucial in Company analyses for various lenses, slices and dices of Company information. Also useful in industry analysis and in list building. Overall a great research and analytics tool.
    Read full review
    Usability
    Thomson Reuters
    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.
    Incentivized
    Read full review
    Thomson Reuters
    No answers on this topic
    Support Rating
    Thomson Reuters
    Support for Thomson Reuters is very in-depth as they have a ton of knowledge articles that help troubleshoot common issues and gives a launching pad for users to learn more about the product and help them use the tools effectively and efficiently. When needed, reaching out to the live support is always prompt and we are able to effectively work past any issues that come up.
    Incentivized
    Read full review
    Thomson Reuters
    The ONESOURCE support has improved significantly over the years. Support sends out emails with the answer provided which helps in the future when the same issue occurs. This reduces the amount of calls to ONESOURCE Support as you can better document the calls and rely on previous answers if the same issue occurs. ONESOURCE support has also implemented a callback feature that reduces the amount of time spent on hold.
    Incentivized
    Read full review
    Alternatives Considered
    Thomson Reuters
    Thomson Reuters is all I have experience with.
    Incentivized
    Read full review
    Thomson Reuters
    As I said it is an easy-to-use platform and saved us time and money. They have great customer service and have helped our company get new hires checked and in-service faster than our old company. By combining the two services in one place it has made it easier for the new hire and the HR staff to track results. I am a fan!
    Incentivized
    Read full review
    Return on Investment
    Thomson Reuters
    • 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.
    Incentivized
    Read full review
    Thomson Reuters
    • 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.
    Incentivized
    Read full review
    ScreenShots