Thomson Reuters ONESOURCE Indirect Tax (IDT) solution is a cloud-based, tax determination engine and compliance automation tool. It enables organizations to automate indirect tax calculations and compliance reporting, while eliminating the need for IT and Tax teams to constantly keep up with regulatory changes as well as update and test new rates and rules.
Thomson Reuters commissioned Forrester Consulting to conduct a Total Economic Impact™ (TEI) study and examine the potential return on investment (ROI) enterprises may realize by deploying ONESOURCE IDT.1 The purpose of this study is to provide readers with a framework to evaluate the potential financial impact of ONESOURCE IDT on their organizations.
To better understand the benefits, costs, and risks associated with this investment, Forrester interviewed seven representatives with experience using ONESOURCE IDT. For the purposes of this study, Forrester aggregated the interviewees’ experiences and combined the results into a single composite organization that is a global conglomerate with multiple lines of business (LOBs) selling both products and services. The composite organization generates $5 billion per year in revenue and has 28,000 employees
