Thomson Tax & Accounting launches OneSource Tax | AccountingWEB

Thomson Tax & Accounting launches OneSource Tax

Thomson Tax & Accounting, a segment of The Thomson Corporation, has released OneSource Tax, a portal interface designed to help corporate tax departments easily access tax tools, manage workflows, and track key information.

"The vision behind developing the OneSource Tax platform was driven by the need to create a tool that would allow our customers to better manage their workflows through the integration and utilization of the entire Thomson Tax & Accounting portfolio of software and services for the corporate tax market," said Michael Knighton, vice president of Corporate Workflow Tools for Corporate Software & Services within Thomson Tax & Accounting. "With this introduction, we have realized this vision and now present the market with a single-vendor option for the management of their entire corporate tax department that includes increased customer access to data and heightened visibility into key departmental data, metrics, and workflow status."

"Tax departments continue to be challenged by elevated risk caused by the increased complexity of their work and by staffing difficulties," said Steve Mendelsohn, senior vice president of Income Tax within Corporate Software & Services at Thomson Tax & Accounting. "Innovative technology, both in software and service delivery, can help them meet these challenges."

OneSource Tax is a Web-based corporate tax portal that provides single sign-on capabilities for licensed clients of Checkpoint(R), InSource RS(R), and/or OneSource WorkFlow Manager(TM) (formerly InSource WorkFlow Manager(TM)). Information and data from these solutions reside on one Web page as graph and spreadsheet 'gadgets' to drive time savings. For example, tax department managers can review both tax provisions and Checkpoint searches related to FIN 48 positions on the same page, to help run projects easily and more efficiently, while staying in-tune with the issues their department is currently facing -- and ultimately reduce risk.

"Tax departments continue to be challenged by elevated risk caused by the increased complexity of their work and by staffing difficulties," said Steve Mendelsohn, senior vice president of Income Tax within Corporate Software & Services at Thomson Tax & Accounting. "Innovative technology, both in software and service delivery, can help them meet these challenges."

Mendelsohn added that the integration of InSource compliance and provisions software on the OneSource Tax platform will provide increased efficiency and visibility of data that will give these departments meaningful relief.

To learn more about OneSource Tax, visit http://www.onesourcetax.thomson.com/. For information on InSource, visit http://www.incometax.thomson.com/. For information on Checkpoint, visit http://www.ria.thomson.com/.

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