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Thomson Reuters named a Leader in 2024 IDC MarketScape for Worldwide SaaS and Cloud-enabled Sales and Use Tax Automation Software for Enterprise

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Thomson Reuters (NYSE/TSX: TRI) has been recognized as a Leader in two IDC MarketScape reports for 2024: SaaS and Cloud-Enabled Sales and Use Tax Automation Software for Enterprise, and Value-Added Tax Management Applications. The company's ONESOURCE platform serves over 205 countries and territories, providing comprehensive tax compliance solutions with automated tax return preparation and filing capabilities.

The platform features edge computing for enhanced tax calculations and has recently integrated CoCounsel, a generative AI assistant. Thomson Reuters' subsidiary, Pagero, was also named a Leader in European Compliant e-Invoicing 2024 Vendor Assessment, strengthening the company's position in global tax automation solutions.

Thomson Reuters (NYSE/TSX: TRI) 猫 stata riconosciuta come Leader in due report IDC MarketScape per il 2024: Software per l'automazione delle vendite e delle tassazioni SaaS e Cloud-Enabled per le imprese, e Applicazioni per la gestione dell'Imposta sul Valore Aggiunto. La piattaforma ONESOURCE dell'azienda serve oltre 205 paesi e territori, offrendo soluzioni complete per la conformit脿 fiscale con capacit脿 automatizzate di preparazione e invio delle dichiarazioni fiscali.

La piattaforma 猫 dotata di edge computing per un calcolo fiscale potenziato e ha recentemente integrato CoCounsel, un'assistente AI generativa. La sussidiaria di Thomson Reuters, Pagero, 猫 stata anch'essa riconosciuta come Leader nella valutazione dei fornitori di e-fatturazione conforme in Europa per il 2024, rafforzando cos矛 la posizione dell'azienda nelle soluzioni globali per l'automazione fiscale.

Thomson Reuters (NYSE/TSX: TRI) ha sido reconocida como L铆der en dos informes de IDC MarketScape para 2024: Software de automatizaci贸n de impuestos sobre ventas y uso habilitado para SaaS y en la nube para empresas, y Aplicaciones de gesti贸n del Impuesto sobre el Valor A帽adido. La plataforma ONESOURCE de la empresa sirve a m谩s de 205 pa铆ses y territorios, proporcionando soluciones integrales de cumplimiento fiscal con capacidades automatizadas de preparaci贸n y presentaci贸n de declaraciones fiscales.

La plataforma cuenta con computaci贸n en la frontera para c谩lculos fiscales mejorados y ha integrado recientemente CoCounsel, un asistente de IA generativa. La subsidiaria de Thomson Reuters, Pagero, tambi茅n fue nombrada L铆der en la Evaluaci贸n de Proveedores de e-Facturaci贸n Cumplidora en Europa 2024, fortaleciendo as铆 la posici贸n de la empresa en las soluciones globales de automatizaci贸n fiscal.

韱办姩 搿滌澊韯(雺挫殨歃濌秾瓯半灅靻/韱犽韱 歃濌秾瓯半灅靻: TRI)電 2024雲 IDC 毵堨紦鞀れ紑鞚错攧 氤搓碃靹滌棎靹 霊 臧歆 攵氍胳棎靹 毽崝搿 鞚胳爼氚涭晿鞀惦媹雼: 旮办梾鞚 鞙勴暅 SaaS 氚 韥措澕鞖半摐 旮半皹 韺愲Г 氚 靷毄靹 鞛愲彊頇 靻岉攧韸胳洦鞏挫檧 攵臧臧旃橃劯 甏毽 鞚戩毄 頂勲攴鸽灗. 鞚 須岇偓鞚 ONESOURCE 頂岆灚韽鞚 205臧 鞚挫儊鞚 甑皜鞕 歆鞐棎靹 靹滊箘鞀る悩氅, 鞛愲彊頇旊悳 靹戈笀 鞁犼碃 欷牍 氚 鞝滌稖 旮半姤鞚 臧栰稑 膦呿暕 靹戈笀 欷靾 靻旊(靺橃潉 鞝滉车頃╇媹雼.

鞚 頂岆灚韽检潃 靹戈笀 瓿勳偘鞚 頄レ儊鞁滍偆旮 鞙勴暣 鞐l 旎错摠韺 旮半姤鞚 臧栰稊瓿 鞛堨溂氅, 斓滉芳鞐愲姅 靸濎劚順 AI 氤挫“ 霃勱惮鞚 CoCounsel鞚 韱淀暕頄堨姷雼堧嫟. 韱办姩 搿滌澊韯办潣 鞛愴殞靷 Pagero 霕愴暅 2024雲 鞙犽熃 欷靾 鞝勳瀽 觳惮靹 瓿店笁鞐呾泊 韽夑皜鞐愳劀 毽崝搿 靹犾爼霅橃柎, 須岇偓鞚 旮搿滊矊 靹戈笀 鞛愲彊頇 靻旊(靺橃棎靹滌潣 鞛呾毳 臧曧檾頃橁碃 鞛堨姷雼堧嫟.

Thomson Reuters (NYSE/TSX: TRI) a 茅t茅 reconnue comme Leader dans deux rapports IDC MarketScape pour 2024 : logiciels d'automatisation des ventes et de la taxe sur l'utilisation activ茅s par SaaS et Cloud pour les entreprises, ainsi que les applications de gestion de la taxe sur la valeur ajout茅e. La plateforme ONESOURCE de l'entreprise dessert plus de 205 pays et territoires, offrant des solutions compl猫tes de conformit茅 fiscale avec des capacit茅s automatis茅es de pr茅paration et de d茅p么t des d茅clarations fiscales.

La plateforme dispose de l'informatique en p茅riph茅rie pour des calculs fiscaux am茅lior茅s et a r茅cemment int茅gr茅 CoCounsel, un assistant IA g茅n茅ratif. La filiale de Thomson Reuters, Pagero, a 茅galement 茅t茅 nomm茅e Leader dans l'茅valuation des fournisseurs d'e-facturation conforme en Europe pour 2024, renfor莽ant la position de l'entreprise dans les solutions d'automatisation fiscale mondiales.

Thomson Reuters (NYSE/TSX: TRI) wurde in zwei IDC MarketScape Berichten f眉r 2024 als Marktf眉hrer anerkannt: SaaS- und Cloud-f盲hige Software zur Automatisierung von Verkaufs- und Verbrauchsteuer f眉r Unternehmen sowie Anwendungen zur Verwaltung der Mehrwertsteuer. Die ONESOURCE Plattform des Unternehmens bedient 眉ber 205 L盲nder und Gebiete und bietet umfassende L枚sungen f眉r die steuerliche Compliance mit automatisierten Funktionen zur Vorbereitung und Einreichung von Steuererkl盲rungen.

Die Plattform bietet Edge Computing f眉r verbesserte Steuerberechnungen und hat k眉rzlich CoCounsel, einen generativen KI-Assistenten, integriert. Die Tochtergesellschaft von Thomson Reuters, Pagero, wurde ebenfalls als Marktf眉hrer in der europ盲ischen Bewertung von konformen e-Rechnungsanbietern f眉r 2024 bezeichnet, was die Position des Unternehmens in globalen L枚sungen zur Steuerautomatisierung st盲rkt.

Positive
  • Recognition as Leader in multiple IDC MarketScape reports strengthens market position
  • Extensive global reach serving over 205 countries and territories
  • Integration of generative AI technology (CoCounsel) enhances product capabilities
  • Subsidiary Pagero's leadership position in e-Invoicing adds value to service portfolio
Negative
  • None.

TORONTO, Dec. 6, 2024 /PRNewswire/ -- Thomson Reuters聽(NYSE/TSX: TRI), a global content and technology company, today announced that it has been positioned as a Leader in two IDC MarketScape reports 鈥 IDC MarketScape: Worldwide SaaS and Cloud-Enabled SaaS Sales and Use Tax Automation Software for Enterprise 2024 Vendor Assessment (doc #US52035324, December 2024), and IDC MarketScape: Worldwide Value-Added Tax Management Applications 2024 Vendor Assessment (doc #US52732824, December 2024).

"In today's rapidly evolving global marketplace, tax compliance has become increasingly complex for multinational corporations. At Thomson Reuters, we're committed to empowering our customers with cutting-edge technology that not only ensures compliance but also enhances their competitive edge," said Ray Grove, head of Corporate Tax and Trade at Thomson Reuters.

"We believe our recognition as a Leader in both the enterprise SUT and VAT markets in this IDC MarketScape underscores our unwavering dedication to our customers' success. Through our trusted ONESOURCE solutions, serving over 205 countries and territories, we continue to push the boundaries of innovation. Our vision is to create a seamlessly connected suite of global indirect tax calculation, reporting, and e-invoicing capabilities, providing best-in-class technology to enable our customers to navigate the complexities of tax compliance with confidence and agility."

"Businesses of all sizes are grappling with an increasingly complex tax landscape, and they are turning to technology vendors for sophisticated tax automation solutions that seamlessly integrate, ensure compliance, and boost operational efficiency," said Kevin Permenter, research manager at IDC. "Thomson Reuters has consistently demonstrated its commitment to innovation and customer success in the SaaS and cloud-enabled Value-Added Tax automation software market. Their ONESOURCE platform stands out for its comprehensive global coverage, robust integration capabilities, and advanced features powered by edge computing and AI. They are positioned well to address the evolving needs of businesses facing intricate tax compliance challenges across multiple jurisdictions."

Pagero, part of Thomson Reuters, was also recently in the IDC MarketScape: European Compliant e-Invoicing 2024 Vendor Assessment (doc #EUR151806424, September 2024). As a key part of Thomson Reuters e-invoicing offering, ONESOURCE Pagero supports businesses to accelerate growth with trusted, automated e-invoicing software that streamlines global compliance processes to unlock valuable business insights.

Thomson Reuters ONESOURCE offers comprehensive tax compliance solutions, including automated tax return preparation and filing for Sales and Use Tax and VAT. It integrates with major ERPs and provides tax determination and calculation for all transactions. ONESOURCE also features edge computing for faster, more controlled tax calculations. Recently, Thomson Reuters launched globally, integrating generative AI assistance. This enhanced solution combines a new AI Product Support skill with CoCounsel, Thomson Reuters professional-grade generative AI assistant that provides instant, natural-language answers drawn from Thomson Reuters trusted, proprietary content.

About IDC MarketScape

IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market. The research utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each supplier's position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of technology suppliers can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective suppliers.

Thomson Reuters

Thomson Reuters (NYSE / TSX: TRI) ("TR") informs the way forward by bringing together the trusted content and technology that people and organizations need to make the right decisions. The company serves professionals across legal, tax, accounting, compliance, government, and media. Its products combine highly specialized software and insights to empower professionals with the data, intelligence, and solutions needed to make informed decisions, and to help institutions in their pursuit of justice, truth, and transparency. Reuters, part of Thomson Reuters, is a world leading provider of trusted journalism and news. For more information, visit .

Media contact聽
Kirsty Bennett 聽
Director, Customer and Product PR 聽
kirsty.bennett@thomsonreuters.com

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FAQ

What IDC MarketScape recognitions did Thomson Reuters (TRI) receive in 2024?

Thomson Reuters was named a Leader in two IDC MarketScape reports: Worldwide SaaS and Cloud-Enabled Sales and Use Tax Automation Software for Enterprise, and Worldwide Value-Added Tax Management Applications for 2024.

How many countries does Thomson Reuters (TRI) ONESOURCE platform serve?

Thomson Reuters ONESOURCE platform serves over 205 countries and territories.

What new AI technology has Thomson Reuters (TRI) integrated into ONESOURCE?

Thomson Reuters has integrated CoCounsel, a professional-grade generative AI assistant, into ONESOURCE globally, providing instant, natural-language answers from Thomson Reuters proprietary content.

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