What Thomson Reuters Aumentum does

Thomson Reuters Aumentum is the Tax & Accounting software division of Thomson Reuters Corporation (NYSE: TRI; TSX: TRI), a Canadian-domiciled, publicly traded information services company. The division provides integrated software, research platforms, and managed-content solutions that automate tax, audit, accounting, and global trade compliance workflows for state, local, and federal government tax agencies, public accounting firms, multinational corporations, law firms, and international trade companies. Its operational headquarters is in Frisco, Texas, with major offices across the US, Canada, the UK, Australia, Brazil, Mexico, and Chile.

The portfolio is organized around five platform franchises: CS Professional Suite (an integrated desktop suite including UltraTax CS, GoSystem Tax RS, GoFileRoom, and Workpapers CS) for professional tax and accounting firms; ONESOURCE (an enterprise cloud suite for corporate tax determination, income tax, indirect tax, transfer pricing, and global trade management including Denied Party Screening and Foreign-Trade Zone Management); Checkpoint (a tax and accounting research and compliance platform with US GAAP guidance); Onvio (a cloud-based collaboration suite for small and mid-sized firms); and the CoCounsel AI family (CoCounsel Legal, Tax, and Audit, plus Ready to Advise and Ready to Review) layered on top of curated content from Westlaw and Practical Law. The technology stack combines web-based SaaS deployment, on-premise options, a Python SDK, and a developer portal with an API catalog for integration. Differentiated technical assets include an ONESOURCE Global Classification AI model for HS/ECCN classification, denied-party screening against 750+ global lists, and regulatory content coverage spanning 210–220 countries and territories.

Revenue is generated primarily through annual and multi-year software subscriptions across the five platforms, supplemented by professional services (implementation, training, ONESOURCE University) and one-time sales of regulatory publications such as Boskage customs broker exam materials and the Harmonized Tariff Schedule. Go-to-market combines enterprise field sales for government and large corporate accounts, inside sales for mid-market firms (30–100 employees), an online store for SMB and individual purchasers of publications, and a certified partner referral program. Pricing is quote-based and not publicly disclosed. Government segment customers include state, local, and federal tax authorities; enterprise customers include manufacturing, food ingredients, and corporate legal departments (e.g., Shimano, Ingredion, Brinks). The division holds FedRAMP Moderate authorization, ISO 27001/27017/27018/27701 certifications, CSA STAR Level 2, GDPR/CCPA compliance, and HIPAA/HITECH handling capabilities.

Name

Thomson Reuters Aumentum

Legal name

Thomson Reuters Corporation

Website

https://tax.thomsonreuters.com

Company type

Public

Founded year

2008

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Thomson Reuters Aumentum is the Tax & Accounting software division of Thomson Reuters Corporation, providing integrated tax, audit, accounting, and global trade compliance software, research, and AI solutions to government agencies, accounting firms, corporations, and law firms worldwide.

Ownership category

akta.pro rank

Product category

Tax and Accounting Software

NAICS

Software Publishers (513210), Other Accounting Services (541219), Accounting, Tax Preparation, Bookkeeping, and Payroll Services (54121), Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors (926150), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Revenue Systems, E-Filing & Digital Tax Administration (BPAIADAO)

akta.pro secondary industries

Fraud Risk Management & Anti-Bribery/Anti-Corruption (ABAC) (BPAHAFAL), Embedded Tax, Accounting & Invoicing Finance (FSAGALAJ)

Keywords

• Tax compliance software
• Government revenue administration
• Global trade compliance
• Audit workflow automation
• Accounting professional software

Headquarters

HQ city

Carrollton

HQ country

United States

HQ region

North America

Offices23 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations

Revenue model

1. Software Subscriptions: Annual and multi-year subscription-based licensing for software products including CS Professional Suite, ONESOURCE, Checkpoint, and Onvio. Revenue is recurring as customers renew subscriptions for ongoing access to tax, accounting, and global trade compliance software.
2. Professional Services: Implementation services, product training, and professional services that provide expert guidance. Includes ONESOURCE University training programs and CS Professional Suite professional services.
3. Publications and Books: Sale of regulatory publications including Boskage customs broker exam materials, Harmonized Tariff Schedule (HTSUS), Code of Federal Regulations (CFR), Export Administration Regulations, and Incoterms publications.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

Thomson Reuters Aumentum is the tax, accounting, audit, and global trade compliance software division of Thomson Reuters Corporation. It sells integrated software platforms — CS Professional Suite, ONESOURCE, Checkpoint, and Onvio — used by government tax agencies, accounting firms, corporations, and law firms to prepare returns, manage corporate tax, screen denied parties, classify imports/exports, and run audits. The portfolio includes AI-powered CoCounsel Tax and CoCounsel Audit assistants, and is delivered as both cloud SaaS and on-premise deployments with associated implementation and training services.

Product overview

Thomson Reuters Tax & Accounting provides a comprehensive, multi-brand platform ecosystem for tax, accounting, audit, and international trade compliance. The portfolio comprises five major product lines: CS Professional Suite (integrated desktop software for tax professionals including UltraTax CS, Accounting CS, GoFileRoom, and Workpapers CS); ONESOURCE (enterprise cloud solutions for corporate tax, transfer pricing, global trade, and indirect tax including Determination, Income Tax, Global Classification AI, Denied Party Screening, and Foreign Trade Zone Management); Checkpoint (research and compliance platform with Catalyst, Edge, and Guided Assurance); Onvio (cloud-based firm management); and CoCounsel AI products (AI-powered assistants for legal, tax, and audit workflows). The CoCounsel AI products represent the company's generative AI strategy, integrating with Westlaw and Practical Law content. Global trade solutions span import/export compliance, product classification, denied party screening, and customs management. The platform serves accounting firms, corporations, governments, and law firms through both SaaS and on-premise deployment options.

Differentiator

Problem solved

Functional benefit

Brands

• CoCounsel Tax: AI-powered assistant for tax professionals that combines trustworthy answers, automation, and firm knowledge into one seamless platform.
• CoCounsel Audit
• UltraTax CS
• ONESOURCE Determination
• ONESOURCE Income Tax
• ONESOURCE Indirect Compliance
• ONESOURCE Denied Party Screening
• ONESOURCE Global Classification AI
• ONESOURCE Foreign-Trade Zone Management
• ONESOURCE Free Trade Agreement Management
• ONESOURCE Export Management
• Guided Assurance
• SafeSend
• Boskage
• Quickfinder

Products and services

• CS Professional Suite Integrated desktop and cloud software suite for tax and accounting professionals, including UltraTax CS, GoSystem Tax RS, Accounting CS, Fixed Assets CS, Practice CS, Workpapers CS, GoFileRoom, NetClient CS, Payroll, Engagement Manager, and FirmFlow. Used by public accounting firms for tax preparation, engagement management, and firm administration.
• ONESOURCE Corporate technology platform for global tax compliance and decision making, encompassing transfer pricing, property tax, indirect tax, income tax, global trade, and trust tax solutions. Used by corporate tax, trade, and finance departments.
• Checkpoint Comprehensive research, news, insight, and productivity platform for tax and accounting professionals. Used by tax and accounting practitioners for federal, state, and international tax research, editorial analysis, and productivity tools.
• Onvio Cloud-based tax and accounting software suite offering real-time collaboration for accounting and tax firms, covering client management, document storage, workflow, and engagement.
• CoCounsel Tax AI-powered assistant that combines trustworthy answers, automation, and firm knowledge into one seamless platform for tax research and client deliverables. Targeted at tax professionals in firms and corporate tax departments.
• CoCounsel Audit Standardizes audit workflows with AI-powered automation that delivers verifiable, citation-backed insights. Used by audit professionals in firms and corporate audit functions.
• UltraTax CS Professional tax software for tax preparers and accountants within the CS Professional Suite, including a full line of federal, state, and local programs with tax planning, preparation, and compliance capabilities.
• ONESOURCE Determination Market-leading global tax determination software that automates tax calculations for sales and use tax, GST, VAT, and excise tax using the latest rates and rules. Used by corporate tax departments for high-volume transaction-level tax calculation.
• ONESOURCE Global Classification AI AI-powered import and export classification software using artificial intelligence and machine learning to improve accuracy of Harmonized System and ECCN production classifications across geographies or businesses.
• ONESOURCE Denied Party Screening Denied party screening software that validates customers and suppliers against over 750 global denied party lists to minimize sanctions risk. Used by compliance and trade teams.
• ONESOURCE Free Trade Agreement Management Software solutions to qualify goods under free trade agreement rules, reducing supply chain costs and streamlining trade compliance workflows. Reference customer: Shimano Inc.
• ONESOURCE Foreign-Trade Zone Management Foreign-trade zone software that manages and optimizes FTZ operations for duty savings, reduced costs, and improved cash flow. Used by manufacturers, distributors, and import operations.
• ONESOURCE Income Tax Corporate income tax software for federal, state, and international compliance that files accurate corporate tax returns faster. Used by corporate tax departments managing multi-entity tax obligations.
• ONESOURCE Indirect Compliance Centralized indirect tax compliance software for VAT, GST, and sales tax across all jurisdictions. Used by multinational corporate tax teams to prepare and file returns.
• ONESOURCE Tax Provision Automated software that calculates tax estimates in seconds and streamlines reporting for expedited financial close. Used by corporate tax and finance teams for ASC 740 (and equivalent) tax provision work.
• ONESOURCE Export Management Export compliance, screening, clearance, and document management in one workflow. Used by global trade compliance teams for end-to-end export operations.
• ONESOURCE Global Trade Content Manages regulatory information for importers and exporters with access to current trade data from over 220 countries and territories, including duty rates, trade agreements, and regulatory updates.
• ONESOURCE Trade Analysis International trade analysis software providing insights into trade compliance costs, risks, and cost-saving opportunities through duty rate comparison and deferral program analysis.
• ONESOURCE Supply Chain Compliance Assesses, monitors, and manages business partners in a centralized platform for supply chain compliance and risk mitigation, with profile-driven workflows that route requests and reminders across organizations.
• ONESOURCE Global Trade Visibility Monitors import and export activities with a unified view through global import/export tracking software. Used by global trade operations and supply chain teams.
• ONESOURCE Government Connectivity Government connectivity filing software that allows connection with customs authorities and efficient data exchange for international trade. Used by importers, exporters, brokers, and customs authorities.
• GoSystem Tax RS Professional tax software for tax preparers and accountants within the CS Professional Suite ecosystem, used for high-volume tax return preparation.
• Guided Assurance Completes audit engagements efficiently and ensures compliance with automated software that identifies risks using AI. Used by audit professionals and assurance teams.
• SafeSend AI-powered 1040 return preparation automation that eliminates manual data-entry tasks. Used by tax preparation practices handling individual returns.
• Boskage Global trade publications including CBP Regulations, CFR titles, Export Administration Regulations, Harmonized Tariff Schedule, and Schedule B for customs broker exam preparation.

Quantifiable outcome

• 5 times ROI with CoCounsel - increasing litigation capacity by 100%
• +2 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

AI capability11 records

Feature5 records

Partnerships

Two partnerships are on record, tiered moderate.

• OraclemoderateTechnology or IntegrationOracle partnership for compliance solutions. Thomson Reuters offers an end-to-end compliance platform for Oracle Fusion Cloud ERP users that consolidates compliance into one platform, reduces complexity while scaling tax and trade operations.
• PageromoderateTechnology or IntegrationONESOURCE Pagero partnership for e-invoicing compliance. Streamlines e-invoicing compliance globally with integrated software that centralizes tax data and automates reporting.

Scale indicators4 records

Expansion highlights5 records

Market position

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/Aumentum
• YouTubeyoutube.com/thomsonreuters
• Facebookfacebook.com/thomsonreuters
• LinkedInlinkedin.com/company/thomson-reuters
• Instagraminstagram.com/thomsonreuters

Compliance11 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Thomson Reuters Aumentum