Thomson Reuters

What is Thomson Reuters?

Thomson Reuters is a leading information and technology company delivering advanced AI-driven software and services to legal, tax, accounting, and risk professionals worldwide. Leveraging decades of authoritative content and industry expertise, its solutions streamline complex workflows, automate compliance, and provide actionable insights. The platform integrates cutting-edge generative AI tools, secure cloud infrastructure, and comprehensive data analytics to empower professionals to make faster, more informed decisions while reducing operational inefficiencies.

Key Features

• AI-Enhanced Professional Services

  Incorporates generative AI assistants like CoCounsel to automate routine tasks, improve document drafting, and accelerate research for legal and tax professionals.

• Comprehensive Integrated Suite

  Offers a full range of interconnected software for tax preparation, accounting, auditing, payroll, and risk management, enabling seamless data sharing and workflow automation.

• Robust Data Analytics and Insights

  Utilizes scalable cloud-based analytics platforms to capture, analyze, and visualize usage and operational data in real time, supporting continuous product and service improvement.

• Global Compliance and Tax Automation

  Automates complex global tax calculations, sales and use tax compliance, and BEPS Pillar Two regulations across 190+ countries, reducing risk and ensuring accuracy.

• Secure Cloud Infrastructure

  Built on AWS with encryption in transit and at rest, ensuring data security, regulatory compliance, and high availability even during peak demand.

• Flexible Deployment and Scalability

  Supports firms of all sizes with hosted options and scalable architecture that adapts to fluctuating workloads and evolving business needs.

Use Cases

• Legal Practice Efficiency : Law firms leverage AI-powered tools to streamline contract review, legal research, and case management, improving client service and reducing turnaround times.
• Tax and Accounting Automation : Accounting professionals use integrated software to automate tax filings, payroll processing, and financial close activities, enhancing accuracy and productivity.
• Risk and Compliance Management : Enterprises manage regulatory compliance and mitigate risks through real-time analytics and automated reporting across multiple jurisdictions.
• Data-Driven Product Improvement : Product teams utilize real-time usage analytics to monitor customer behavior, detect anomalies, and rapidly iterate on software features.
• Global Business Operations : Multinational corporations rely on Thomson Reuters’ solutions to navigate complex international tax laws and compliance requirements efficiently.

FAQs