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ONESOURCE DataflowThomson Reuters

Standardize, organize, and optimize data at every step with a tax data management software. Streamline corporate tax preparation workflow and improve data accuracy without sacrificing interface familiarity.

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Vendor

Thomson Reuters

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Company Website

Product details

Streamline your corporate tax preparation workflow and reduce time spent on tax data collection

Corporate tax professionals are under enormous time pressure during the time-sensitive tax filing season. They spend up to 80% of their work hours collecting and entering information, verifying its accuracy and consolidating tax documents. Standardize, organize, and optimize your data at every step with our tax data management software. Enjoy greater visibility and accuracy, and have total control of your existing tax packages with additional structured storage.

Thomson Reuters ONESOURCE DataFlow dramatically reduces the corporate tax data collection and preparation time. From workpapers to tax packages, to section 199 calculation requests, you’ll have the data readily available when you need it. All data is centrally stored in one database that can be integrated into tax applications – leaving no room for human error. No matter where they’re located, your clients and partners can use a simple and familiar Excel® interface to enter the tax data you need.

Features

  • **Centralized data: **Easily aggregate and consolidate information from around the globe using our web-based tax management platform. Anyone you work with can review and use it in real-time.
  • **Workpaper standardization: **Organize tax workpapers by creating customizable templates which can be rolled forward with automation and used across processes to significantly reduce the upkeep required for multiple Excel schedules.
  • **Security and access controls: **Set up roles and responsibilities for each user. Determine how and where to enter data, perform reviews, or consolidate data across processes.
  • **Flexible access with APIs: **Manage your entire tax preparation process with the tools of your choice, and create custom dashboards with easy access to information that has been regularly updated.