Thomson Reuters **ONESOURCE** is an enterprise tax and trade software suite focused on automating and governing major corporate compliance workflows across:
- **Indirect tax determination & compliance** (sales/use tax, VAT/GST, excise)
- **Direct tax** (corporate income tax compliance, tax provision)
- **Global trade management** (classification, screening, trade programs)
- **Workflow, data management, and reporting** (calendars, workflow, document mgmt)
The product positioning centers on providing audit-oriented calculations and end-to-end lifecycle coverage, typically integrated with large ERP and finance stacks (SAP/Oracle, etc.), and supported by Thomson Reuters' proprietary tax content updates.