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ONESOURCE Indirect Tax Determination Reviews & Product Details

Raghav G.
RG
Pre sales Dynamic 365
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about ONESOURCE Indirect Tax Determination?

Automation of tax decision and integration with existing business then to clould is the best thing. Review collected by and hosted on G2.com.

What do you dislike about ONESOURCE Indirect Tax Determination?

I have not come across such feature which could be disliked. Review collected by and hosted on G2.com.

What problems is ONESOURCE Indirect Tax Determination solving and how is that benefiting you?

Integration with the existing ERP that is Finance & Ecommerce helping almost all the problems. Review collected by and hosted on G2.com.

ONESOURCE Indirect Tax Determination Overview

What is ONESOURCE Indirect Tax Determination?

ONESOURCE Determination is the solution used by corporations to simplify tax compliance complexity with confidence. Automating transaction tax determination and calculation for Sales and Use Tax, Value Added Tax, Goods and Services Tax, and Excise Tax from one solution, for any industry, across 205 countries and territories. With seamless connection to financial systems ONESOURCE keeps existing systems free of custom coding or workarounds and with cloud native capabilities exclusive to ONESOURCE businesses will have the latest tax regulation rules and rates without having to interrupt their tax calculations. Complete with exemption management, reporting and analytics, e-invoicing compliance, and audit defense capabilities, businesses have one, centralized system for managing their indirect tax needs.

ONESOURCE Indirect Tax Determination Details
Languages Supported
English, French, Spanish
Show LessShow More
Product Description

ONESOURCE Indirect Tax Determination is the leading source of intelligent information for the world’s businesses and professionals, providing customers with competitive advantage.

How do you position yourself against your competitors?

Centralize Sales and Use Tax, Value Added Tax, Goods and Services Tax, and Excise Tax management with a single tax engine that connects to financial systems using pre-built integrations that automates the determination and calculation of tax on all transactions. Part of the ONESOURCE platform with solutions that serve tax, financial reporting, and supply chain management compliance functions, covering 205 countries and territories, and for businesses of all sizes and industries. Benefits derived from cloud native capabilities that minimize the requirement of IT and Tax resources for ongoing maintenance, like auto-scaling, self-healing, and no down time updates set users of ONESOURCE apart from other solutions.


Seller Details
Year Founded
2008
HQ Location
Toronto, CA
Twitter
@thomsonreuters
152,775 Twitter followers
LinkedIn® Page
www.linkedin.com
34,134 employees on LinkedIn®
Ownership
NYSE:TRI
Total Revenue (USD mm)
$5,984
Description

Know today. Navigate tomorrow. In an era of unprecedented change, we are delivering innovative technology and AI that empower professionals to confidently address the complexities of today and the unknowns of tomorrow.


VW
Overview Provided by:

Recent ONESOURCE Indirect Tax Determination Reviews

SN
Sai Sumanth Reddy N.Mid-Market (51-1000 emp.)
2.5 out of 5
"Useful tool to control your finances and do the taxes"
The ease of calcualting the taxes. User frinedly UI.
Verified User
U
Verified UserSmall-Business (50 or fewer emp.)
2.5 out of 5
"I didn't see any quality in using the software versus just doing the work myself"
It's a means to conviently operate tax problems
Jeffrey Y.
JY
Jeffrey Y.Small-Business (50 or fewer emp.)
4.5 out of 5
"Accurate and Integrated Tax Management"
extensive and up-to-date tax database, which ensures accurate tax calculations and compliance. Its strong integration with ERP systems also streaml...
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ONESOURCE Indirect Tax Determination Media

ONESOURCE Indirect Tax Determination Demo - ONESOURCE Determination Anywhere - Cloud
Harness the power of automation with ONESOURCE Determination Calculating, collecting, and reporting indirect tax gets more complicated as a business grows. Take the risk out of the equation and automate processes that drive greater efficiency with numbers you can count on.
ONESOURCE Indirect Tax Determination Demo - ONESOURCE Determination Anywhere - Cloud
Automate your sales and use tax collection for anywhere you do business in the world; Our solutions integrate with SAP, OCI, Oracle NetSuite, Sage Intacct, Coupa, Deltek, Big Commerce, Magento, and Shopify to name a few!
ONESOURCE Indirect Tax Determination Demo - ONESOURCE Determination - Compliance starts at the E-invoice
The E-invoice is at the center of business and is a crucial tool for getting tax right. If the wrong tax is calculated from the invoice, large negative effects can follow — everything from your customer experience to the growth of your company and business efficiency. Here are 3 important aspects...
Answer a few questions to help the ONESOURCE Indirect Tax Determination community
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12 out of 13 Total Reviews for ONESOURCE Indirect Tax Determination

3.8 out of 5
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ONESOURCE Indirect Tax Determination Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons
G2 reviews are authentic and verified.
Jeffrey Y.
JY
Coordinator
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about ONESOURCE Indirect Tax Determination?

extensive and up-to-date tax database, which ensures accurate tax calculations and compliance. Its strong integration with ERP systems also streamlines tax processes effectively. Review collected by and hosted on G2.com.

What do you dislike about ONESOURCE Indirect Tax Determination?

its complexity, which can make implementation and user training time-consuming. Review collected by and hosted on G2.com.

What problems is ONESOURCE Indirect Tax Determination solving and how is that benefiting you?

This benefits users by reducing errors, saving time, and ensuring compliance with minimal manual effort. Review collected by and hosted on G2.com.

SN
Graduate Teaching Assistant
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about ONESOURCE Indirect Tax Determination?

The ease of calcualting the taxes. User frinedly UI. Review collected by and hosted on G2.com.

What do you dislike about ONESOURCE Indirect Tax Determination?

Customer Support couldve been a little quicker. Review collected by and hosted on G2.com.

What problems is ONESOURCE Indirect Tax Determination solving and how is that benefiting you?

It makes it easier to do the taxes. In this, i don't have to put extra efforts from my end. Review collected by and hosted on G2.com.

Verified User in Law Practice
UL
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about ONESOURCE Indirect Tax Determination?

It's a means to conviently operate tax problems Review collected by and hosted on G2.com.

What do you dislike about ONESOURCE Indirect Tax Determination?

I did not think it improved upon me just regularly going about my normal activity, or other free existing tools. Review collected by and hosted on G2.com.

What problems is ONESOURCE Indirect Tax Determination solving and how is that benefiting you?

Nothing, really. But integration in Power BI is interesting Review collected by and hosted on G2.com.

SO
Employee Assistance Plan Manager
Logistics and Supply Chain
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about ONESOURCE Indirect Tax Determination?

ONESOURCE Indirect Tax Determination provided a solution that spans across the globe but fails to enable consistent calculation and recording of indirect taxes. It complicates tax data analysis. Review collected by and hosted on G2.com.

What do you dislike about ONESOURCE Indirect Tax Determination?

It needs to facilitate the identification of trends. My experience, with the software, has been not too good so far as I have encountered many features that I dislike. The implementation cost for our small scale setup is relatively high it proves to be a useless investment. Review collected by and hosted on G2.com.

What problems is ONESOURCE Indirect Tax Determination solving and how is that benefiting you?

There have been instances where updates were delayed and detailed information was lacking. The integration process with existing ERP systems is not always simple resulting in inconveniences. Review collected by and hosted on G2.com.

Response from Victoria Walton of ONESOURCE Indirect Tax Determination

Hi, Sherry,

We greatly appreciate your candidness and willingness to provide a review. If you're open for a quick call, I'd like to understand more about your ERP, integration, and implementation partner and experience. Our ONESOURCE Indirect Determination product has a SaaS option (built in the cloud) that doesn't require updates and patches, but sometimes that's not the best solution for every customer. I've requested a call with you directly and look forward to hearing about your experience in hopes to provide some assistance, if you're open to it.

Many thanks,

Victoria Walton

Director, Marketplaces & Ecosystems

Thomson Reuters

JH
President
E-Learning
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about ONESOURCE Indirect Tax Determination?

ONESOURCE Indirect Tax Determination calculate and record taxes on a global scale. The implementation cost is high for setups the detailed information and training provided make it a worthwhile. Review collected by and hosted on G2.com.

What do you dislike about ONESOURCE Indirect Tax Determination?

It is difficult to analyze tax data and identify trends. The user interface feels outdated and not very intuitive. Review collected by and hosted on G2.com.

What problems is ONESOURCE Indirect Tax Determination solving and how is that benefiting you?

ONESOURCE Indirect Tax Determination solves the task of tax calculation and compliance.. This solution saving time reducing costs and ensuring compliance, with tax regulations for us. Review collected by and hosted on G2.com.

PM
Analyst
Accounting
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: G2 invite
Incentivized Review
What do you like best about ONESOURCE Indirect Tax Determination?

The UI is great and the tech support is very good Review collected by and hosted on G2.com.

What do you dislike about ONESOURCE Indirect Tax Determination?

Nothing. The experience has been great so far. Review collected by and hosted on G2.com.

What problems is ONESOURCE Indirect Tax Determination solving and how is that benefiting you?

Help in tax calculation for dfferent countries Review collected by and hosted on G2.com.

Upendra S.
US
Senior Manager - Research Insights
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about ONESOURCE Indirect Tax Determination?

It provides a comprehensive worldwide solution for the efficient and consistent calculation and recording of your indirect tax liability. Review collected by and hosted on G2.com.

What do you dislike about ONESOURCE Indirect Tax Determination?

It provides a comprehensive worldwide solution for the efficient and consistent calculation and recording of your indirect tax liability. Review collected by and hosted on G2.com.

What problems is ONESOURCE Indirect Tax Determination solving and how is that benefiting you?

Performs indirect tax data mining, analysis, and risk assessments to identify accounting needs and tax savings opportunities, evaluate tax strategies, and more Review collected by and hosted on G2.com.

Verified User in Capital Markets
UC
Small-Business(50 or fewer emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
(Original )Information
What do you like best about ONESOURCE Indirect Tax Determination?

I felt that it is excellent tool delivering performance and stability. Review collected by and hosted on G2.com.

What do you dislike about ONESOURCE Indirect Tax Determination?

The implementation cost of OneSource for a small set up like ours is on the higher end Review collected by and hosted on G2.com.

What problems is ONESOURCE Indirect Tax Determination solving and how is that benefiting you?

It stands as a reliable enterprise solution for us without delays in updates that goes to deliver up to granular levels Review collected by and hosted on G2.com.

AM
Analyst
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about ONESOURCE Indirect Tax Determination?

Option to easily integrate ONESOURCE with existing ERP systems, billing and invoice software, Review collected by and hosted on G2.com.

What do you dislike about ONESOURCE Indirect Tax Determination?

setting up can be complex if you are new to the field, a training module would be a good add Review collected by and hosted on G2.com.

What problems is ONESOURCE Indirect Tax Determination solving and how is that benefiting you?

ONESOURCE saves time and resources in calculating and determining the indirect tax liabilities like gst, vat and also helps one be up to date with the regulations Review collected by and hosted on G2.com.

Mitesh N.
MN
Vice President | Angel Investor | PE&VC | M&A | SME IPO
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: G2 invite
Incentivized Review
What do you like best about ONESOURCE Indirect Tax Determination?

Greater coverage of Company details, address, phone number Review collected by and hosted on G2.com.

What do you dislike about ONESOURCE Indirect Tax Determination?

Further detailed information since its focusing on volume with basic information Review collected by and hosted on G2.com.

What problems is ONESOURCE Indirect Tax Determination solving and how is that benefiting you?

Quick information about the company. Authenticity of the data Review collected by and hosted on G2.com.