ONESOURCE: Revolutionizing Tax and Trade Management
ONESOURCE by Thomson Reuters is a game-changer in the world of corporate tax and trade. It offers a cloud-native solution that provides the visibility and clarity needed in complex tax regulatory environments.
The core features of ONESOURCE are impressive. It includes indirect tax solutions that significantly reduce risks by providing automation and accuracy across tax and finance workflows. Direct tax compliance is made easier with corporate tax automation that increases reliability and accuracy. Global trade management optimizes supply chain performance and minimizes audit risks. Statutory reporting allows for accurate filing of financial statements in multiple languages. Information reporting and ACA compliance simplify the tracking process for various entities.
Basic usage of ONESOURCE is straightforward. It empowers tax, trade, and financial reporting teams to accelerate performance, beat deadlines, and increase accuracy. Workflow automation and due date tracking help control process performance. Collaboration across tax and trade ecosystems is also facilitated, allowing businesses to choose the outsourcing model that suits them best.
ONESOURCE stands out from the competition by offering a comprehensive solution that covers various aspects of tax and trade. It helps companies and accounting firms reduce the risks of compliance fines and penalties, lower costs associated with inefficient processes, and navigate the complexities of regulations with ease.
