ONESOURCE+ by Thomson Reuters is an AI-powered platform designed to streamline tax, trade, legal, and risk management for professionals. It addresses the challenge of disconnected tools and manual tasks that create blind spots for businesses by bringing these critical functions together in a connected, intelligent environment. With ONESOURCE+, teams can collaborate more efficiently, identify risks earlier, and make smarter, data-driven decisions.
ONESOURCE+ Key Features
AI-Powered Insights
Leverages artificial intelligence to provide actionable insights across tax, trade, legal, and risk domains, helping users stay ahead of regulatory changes and emerging threats.
Centralized Platform
Integrates tax, trade, legal, and risk functions into a single platform, eliminating data silos and improving collaboration between teams.
Automation of Tasks
Automates routine tasks such as data collection, compliance reporting, and risk assessments, freeing up professionals to focus on higher-value activities.
Secure Data Management
Ensures the security and privacy of sensitive data with robust encryption and access controls, complying with industry regulations and standards.
Comprehensive Content
Provides access to a vast library of authoritative content, including legal codes, regulations, and industry-leading expertise, enabling informed decision-making.
Real-Time Monitoring
Offers real-time monitoring of key risk indicators and compliance metrics, allowing users to proactively identify and address potential issues.
How ONESOURCE+ Works
ONESOURCE+ works by consolidating data from various sources, applying AI algorithms to identify patterns and anomalies, and providing users with actionable insights through a centralized dashboard. The platform automates routine tasks, facilitates collaboration, and ensures compliance with relevant regulations.
ONESOURCE+ Benefits
Time Savings
Reduces the time spent on manual data collection, compliance reporting, and risk assessments by automating these tasks, freeing up professionals to focus on strategic initiatives.
Cost Efficiency
Optimizes resource allocation and reduces operational costs by streamlining workflows, improving accuracy, and minimizing the risk of errors and penalties.
Enhanced Collaboration
Facilitates seamless collaboration between tax, trade, legal, and risk teams, improving communication, coordination, and decision-making.
Improved Compliance
Ensures compliance with complex and evolving regulations by providing access to authoritative content, automating compliance reporting, and monitoring key risk indicators.
Data-Driven Insights
Empowers users to make smarter, data-driven decisions by providing actionable insights based on AI-powered analysis of relevant data.
ONESOURCE+ Use Cases
Multinational Corporations
Helps multinational corporations manage complex tax, trade, legal, and risk obligations across multiple jurisdictions, ensuring compliance and minimizing the risk of penalties.
Law Firms
Enables law firms to provide clients with comprehensive legal services by integrating legal research, case management, and compliance tools into a single platform.
Financial Institutions
Assists financial institutions in managing regulatory compliance, mitigating risk, and preventing fraud by providing real-time monitoring and AI-powered insights.
ONESOURCE+ FAQs
What types of data can ONESOURCE+ integrate?
ONESOURCE+ can integrate data from a wide range of sources, including financial systems, CRM platforms, legal databases, and regulatory filings.
How does ONESOURCE+ ensure data security?
ONESOURCE+ employs robust security measures, including encryption, access controls, and regular security audits, to protect sensitive data.
Can ONESOURCE+ be customized to meet specific business needs?
Yes, ONESOURCE+ can be customized to meet the unique needs of different businesses, with options for configuring workflows, reports, and dashboards.
Who Should Use ONESOURCE+
ONESOURCE+ is ideal for legal and tax professionals, multinational corporations, and financial institutions that need to manage complex tax, trade, legal, and risk obligations in a rapidly evolving global marketplace. It is particularly beneficial for organizations seeking to improve collaboration, enhance compliance, and make smarter, data-driven decisions.
