The strength of ONESOURCE Tax Provision (formerly TaxStream) lies in its ability to solve real-world corporate tax challenges across a wide span of industries, sizes, and structures. Because it'
s flexible and easy to use, our clients not only buy the software, they use it. We believe that the best recommendation our software can receive is from the companies that use it.
See what our clients are say about their ONESOURCE Tax Provision experience. You can also use the quick links to the right to jump directly to testimonials of a specific company.
Superior Essex, Inc. - Industrial Manufacturing - Fortune 1000
"We were in need of a provision software to shorten the time we spent on FAS109 preparation and reduce or eliminate calculation errors in Excel. During the sales process, the personnel seemed the most knowledgeable about FAS109 and issues. The software seemed able to handle most situations. Once implemented, ONESOURCE Tax Provision met our needs by automating our process and eliminating the need to rollover large, complex Excel files. They set up our opening balances in the system, loaded our statutory rates, and set up all entities with the descriptions we were used to. The personnel were involved and responsive as we began using the software. The most valuable part of switching to ONESOURCE Tax Provision has been the ability to generate FAS 109 reports easily and quickly for management use, along with the ability to do more ETR planning work throughout the year as a result of the information being stored in a database from which we can pull exactly what is needed. In addition, ONESOURCE Tax Provision'
s technical support is excellent. All the people we have worked with are helpful, courteous and knowledgeable. They are receptive to all our questions and recommendations. Thomson Reuters is very easy to work with. There is a sense that they are an extension of our tax department and not just a software vendor."
- Superior Essex Inc.
Schneider Electric US - Industrial Manufacturing
"We chose Thomson Reuters over other vendors because we felt that they had the most comprehensive tax provision software on the market. We were impressed with the software's capabilities, its ease of use and its ability to interact with our tax compliance software."
- Schneider Electric US
Paradigm Geotechnology Holdings BV - Computer Software (Energy & Utilities)
"We chose ONESOURCE Tax Provision because we wanted to streamline our provision process by having standardized reports and being able to analyze and manage taxes on the corporate level. We believe that the software is superior to its competitors due to its ease of use. The reports were easy to use and did not require customization. By using ONESOURCE Tax Provision we were able to cut down the time we spend running reports and analyzing data."
- Paradigm Geotechnology Holdings BV
New Jersey Resources - Energy & Utilities - Fortune 1000
"[ ONESOURCE Tax Provision] works well as a database and has significant flexibility."
- New Jersey Resources
Erie Indemnity Company - Insurance
"We had originally chosen a different vendor, however, we were very disappointed by their implementation efforts. So, during a seminar I attended I asked some of the other attendees what software they used and a number of them said ONESOURCE Tax Provision. They were all satisfied with the product. We wanted to eliminate a reliance on using Excel spreadsheets to prepare our provisions. We wanted a better way to make sure that temporary differences were recorded in both the current and deferred taxes. With spreadsheets there is too much room for error. TaxStream has given us a reliable easy-to-use vehicle to calculate our provisions and has reduced the tax information manually input into spreadsheets each month."
- Erie Indemnity Company
Arch Chemicals - Chemicals
"We chose ONESOURCE Tax Provision over other software because it was easy to use and intuitive. We wanted to improve controls as well as gain accuracy and efficiency. It gave us a higher sense of control over our tax provision process. We were able to significantly save time and improve our sense of accuracy."
- Arch Chemicals, Inc.
Esterline Technologies - Aerospace & Defense
"We chose ONESOURCE Tax Provision because it had greater functionality than other software and was an internet based application. It met our needs for uniformity, consistency, monitoring, speed and enhanced reporting with its standardized formatting, audit trail and numerous reports."
- Esterline Technologies Corporation
Asbury Automotive Group, Inc. - Retail - Fortune 500
"We wanted to streamline our manual tax work and eliminate potential formula errors associated with Excel. ONESOURCE Tax Provision came with the highest recommendation from our public accountants, and I liked the fact that the software came with a lot of networking at the annual User Conference. I like the reports that are generated, the functionality, and the fact that the engineers are continuously working to improve the software. In addition, our implementation manager has been extremely helpful. She has been available at all times that we've needed her, and is extremely knowledgeable about the software and about the provision process. She has really made the experience a pleasant one."
- Asbury Automotive Group, Inc.
Westlake Chemical Corporation - Chemicals - Fortune 1000
"The ONESOURCE Tax Provision model has proven to be easy to use and to standardize the input and output process. The biggest advantage has been the ability to make changes quickly and run what-if scenarios. The best part of the implementation was the department took the time to upgrade and standardize the provision process. It also set up by account tax basis balance sheets which are now updated twice a year. I would definitely recommend ONESOURCE Tax Provision and have encouraged others that are still using excel to consider the product."
- Westlake Chemical Corporation
Retail
"We chose ONESOURCE Tax Provision for its ability to work with VantageTax, automation of NOLs, calculation time and the price. We were looking to software to speed up our provision process and reduce errors caused by formula problems. It has made our provision process smoother by reducing calculation time and producing reliable reports. ONESOURCE Tax Provision has helped us to resolve problems that we had in our provision process so that our audit is quicker and smoother at the end of the year. I would recommend ONESOURCE Tax Provision to other companies as a reliable, cost effective, user-friendly product that is flexible enough to be useful for most companies."
- A TaxStream Retail Client
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