Thomson Reuters

(10)
3.7 out of 5 stars

Enabling a reduction in internal control deficiencies, streamlining inefficient business processes and implementing a proactive approach to risk management

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Thomson Reuters review by User in Law Practice
User in Law Practice
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One Source: Imagine What Thomson Reuters Can Do For You

What do you like best?

Diversity. This multinational mass media and information firm is cross listed on NYSE and Toronto Stock Exchange. It operates in more than 100 countries, and has over 45,000 employees. It offers integrated and intelligent information for businesses and professionals in the financial and risk, legal, tax and accounting, intellectual property, and science and media markets.

What do you dislike?

Old-fashioned hierarchical culture still exists in pockets making adoption of innovations slower than one might like.

Recommendations to others considering the product

Thomson Reuters offers trusted legal products and services that help lawyers find relevant information quickly. Thomson Reuters enhances lawyer and law office staff productivity, increases firm's bottom line, and improves response time to clients and colleagues. Can tailor Thomson Reuters services to meet firm and scope of practice needs at price points based on types of resources required and number of attorneys and staff in one's practice.

What business problems are you solving with the product? What benefits have you realized?

Rely on Thomson Reuters industry-leading legal technology, law books, investigative tools, and professional services to help deliver trusted answers to clients and colleagues.

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Thomson Reuters review by User in Law Practice
User in Law Practice
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Very Personable Company

What do you like best?

Thomson Reuters representatives are very knowledgeable about the products offered by the company. Additionally, as someone who previously worked at Thomson Reuters, it is a company I loved working for.

What do you dislike?

I do not know if there is anything I can say that I dislike about Thomson Reuters. Perhaps what I dislike most is that the parking lot fills up very quickly at the Eagan, Minnesota location.

Recommendations to others considering the product

I highly recommend working with Thomson Reuters, both as a customer and as an employee.

What business problems are you solving with the product? What benefits have you realized?

Thomson Reuters offers Westlaw products which I have and currently use for legal research purposes. This includes legal support from attorneys working at Thomson Reuters.

What Governance, Risk & Compliance solution do you use?

Thanks for letting us know!
Thomson Reuters review by User in Oil & Energy
User in Oil & Energy
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Very Frustrating at Times

What do you like best?

I like the searching tool of the program.

What do you dislike?

Our program is so slow at times, requiring me to contact customer support constantly as some things that should clearly pop up in searches do not. Making a report one day is completely different making a report the next day, things never seem to work properly!

What business problems are you solving with the product? What benefits have you realized?

We are using a few of the tax software. The benefits are... they are still better than the previous program we were using.

Thomson Reuters review by User in Accounting
User in Accounting
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Good research, templates, and checklists for internal audit

What do you like best?

This is a complete tool that has templates, audit programs, and an overall training program and guide. It is a good starting point for anyone building an internal audit function from the ground-up.

What do you dislike?

Annual fee seems to be very significant for very limited updates to material, changes, or new tools/resources. I would like to see more of that. For example, I know other tools send out a weekly or monthly update email noting the changes to material or tools for users to check out the new content. It would be nice if Thomson Reuters notified you of changes to prove they are adding value each time you pay for your annual subscription.

Recommendations to others considering the product

This is a good starting point for anyone building an internal audit function from the ground-up. This resource has complete audit programs that can be tailored to your needs, printed, or completed and saved online through the tool. There is a really great internal audit manual that is instrumental in determining where to start when developing a new internal audit function for your company. This is comparable to the guidance published by larger organizations in helping to develop the strategy, focus, and procedures for the internal audit function.

What business problems are you solving with the product? What benefits have you realized?

We have not historically had an internal audit function, so this tool is proving to be a great resource library in building this role. The internal audit manual is helpful in guiding the strategy and procedures for this role.

Thomson Reuters review by User
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Excellent trading platofrm for advisors

What do you like best?

Everything is integrated for a financial advisor/stock broker.

What do you dislike?

Certain functions are only turned on if your firm pays extra for it.

Recommendations to others considering the product

If you have the power to do so, urge your broker -dealer to use Thomson Reuter's vs anything you are using now.

What business problems are you solving with the product? What benefits have you realized?

I was able to quickly find client accounts, discuss the markets, look at charting for stocks/funds instantly, and place trades without switching to a different system.

Thomson Reuters review by User in Legal Services
User in Legal Services
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Great Options

What do you like best?

I liked the vast amount of products available to the consumer, to customize for your firm. Cloud based is great.

What do you dislike?

It can seem a bit boggy when using at peak times, because it is cloud based.

Recommendations to others considering the product

I think it is a great product, that is currently expanding their products to suit the needs of the consumer in the legal field, specifically.

What business problems are you solving with the product? What benefits have you realized?

We were looking to find an all-in-one product to coordinate cases, files, documents, and marketing.

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