• Thomson Reuters (TSX/Nasdaq: TRI) has launched ONESOURCE Sales and Use Tax AI.
  • The company says the solution reclaims time, reduces audit risk and delivers measurable impact from day one.
  • The tool targets routine reporting and internal compliance cycles, promising immediate ROI for tax teams.

What happened

Thomson Reuters announced the launch of ONESOURCE Sales and Use Tax AI, a new addition to its tax compliance portfolio. The company says the solution is designed to reclaim time spent on routine reporting, reduce audit risk and cut internal compliance cycles, with measurable impact from day one.

Why this matters

Tax and finance teams face growing pressure to close books faster, stay audit-ready and reduce manual work. Thomson Reuters frames ONESOURCE Sales and Use Tax AI as a response to those pressures: by automating repetitive reporting tasks and improving accuracy, the tool aims to shorten compliance cycles and lower the likelihood of costly audits.

The product positioning highlights three practical benefits: reclaiming staff time, reducing audit exposure and delivering an immediate return on investment. For organizations burdened by manual tax processes, those outcomes can translate into faster month‑end closes and fewer resources devoted to corrections and audit defense.

What the company says

Thomson Reuters (TSX/Nasdaq: TRI) describes the offering as delivering measurable impact from day one, emphasizing time savings on routine reporting and a reduction in audit risk. The announcement positions the AI capability as part of the broader ONESOURCE suite that many tax teams already use.

What this means for tax teams

  • Efficiency: Teams that spend significant time on sales and use tax reporting could redirect staff hours to strategic work if the tool performs as described.
  • Risk reduction: Improved accuracy and automation can reduce exposure during audits, a key selling point for finance leaders.
  • ROI expectations: Thomson Reuters highlights immediate return on investment; however, organizations should validate this against their own data and workflows.

What to watch

Adoption will depend on integration with existing ONESOURCE deployments, data quality, and internal change management. Tax leaders should assess how the AI handles exceptions, local tax rules and audit trails before rolling it out broadly. While Thomson Reuters emphasizes day‑one impact, the real-world benefit will hinge on implementation and testing in each company’s environment.

Bottom line

ONESOURCE Sales and Use Tax AI represents another step toward applying AI to routine tax work. For companies already invested in ONESOURCE, the new capability promises time savings and lower audit risk; for others, it signals how vendor offerings are evolving to meet pressure for faster, more accurate compliance.

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