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ONESOURCE Income Tax

tax.thomsonreuters.com/onesource-income-tax
Accounting Software
Few Days

Drive accurate and audit-proof results with cloud-native corporate tax software

How to Replace ONESOURCE Income Tax
Compare:vs Akauntingvs Pandlevs Pilot

Overview

ONESOURCE Income Tax is an end-to-end cloud automation solution for corporate tax compliance and provision. It helps companies and accounting firms automate income tax compliance, tax provision processes, and international tax workflows while reducing compliance risks and improving accuracy. The platform integrates across the entire tax lifecycle with over 200 technology partner integrations.

Features

18 features across 9 categories

AI(1)

AI-Assisted Regulatory ResearchAIPremium

Quickly find regulatory answers using AI-powered research powered by Checkpoint Edge with CoCounsel

Also in: monday.com, Notion, Airtable

Automation(3)

Income Tax Compliance AutomationPremium

Automate corporate income tax compliance reporting and filing processes

Tax Provision ManagementPremium

Speed up and increase reliability of tax provision processes with automated calculations

Workflow Automation and Due Date Tracking

Automate tax workflows and track due dates to ensure timely compliance filings

Also in: monday.com, Notion, Airtable

Collaboration(1)

Collaborative Workflows

Enable collaboration across tax teams through shared workflows and process management

Also in: Notion, Airtable, Obsidian

Compliance(5)

Accurate Tax Calculations

Perform precise tax calculations based on proprietary Thomson Reuters content and rules

Audit Trail and Compliance Documentation

Maintain detailed audit trails and compliance documentation for regulatory reviews

International Tax AutomationPremium

Automate international tax compliance and reporting across multiple jurisdictions

Multi-Entity ManagementPremium

Manage tax compliance across multiple entities and jurisdictions from a single platform

Regulatory Update Tracking

Automatically stay informed about regulatory changes and updates affecting tax compliance

Also in: Insider CDP, Airtable, 1Password

Infrastructure(1)

Cloud-Native Architecture

Access solution from anywhere with cloud-based deployment for flexibility and scalability

Also in: Litmos, marvel-app, LiveKit

Integration(2)

Certified Technology Integrations

Access pre-built, certified connectors with 200+ technology partners for seamless data flow

ERP Integration

Seamlessly integrate with enterprise resource planning systems like SAP with universal RESTful APIs

Also in: monday.com, Notion, Airtable

Reporting(2)

Dashboard and Reporting

Create custom dashboards, reports, and scorecards to monitor tax performance and identify savings

Data Visibility and Control

Gain comprehensive visibility and control over tax data across the organization

Also in: monday.com, Smartsheet, 1Password

Support(2)

24/7 Customer Service

Round-the-clock dedicated customer support for technical issues and questions

Product Training and Support Resources

Access product training materials and support documentation through ONESOURCE University

Also in: Obsidian, 1Password, Bitwarden

User Experience(1)

Easy-to-Use Interface

Intuitive user interface designed for tax professionals to reduce learning curve

Cost Calculator

Pricing data not available for ONESOURCE Income Tax. Check their website for current pricing.

Build vs Buy

Should you build a ONESOURCE Income Tax alternative or buy the subscription? Estimate based on 18 features.

Buy ONESOURCE Income Tax

Better Value
Monthly costContact Sales
3-year totalVaries
Time to deployDays

Build Your Own

Development cost$12,000
Maintenance$180/mo
3-year total$18,480
Dev time~1 months

Buying ONESOURCE Income Tax saves ~$18,480 over 3 years vs building.

Estimates based on 18 features and a BuildScore of 4/5. Actual costs vary.

Integrations

3 known integrations

200+ Technology PartnersEnterprise Resource Planning (ERP) SystemsSAP