Total Economic Impact Study of Thomson Reuters ONESOURCE+

This document is a Total Economic Impact study commissioned by Thomson Reuters and conducted by Forrester Consulting. The study aims to evaluate the potential return on investment (ROI) that organizations may achieve by implementing ONESOURCE+. It outlines the challenges faced by organizations prior to adopting ONESOURCE+, including reliance on fragmented data and manual processes, which led to inefficiencies and compliance risks. The study presents key findings from interviews with decision-makers, highlighting benefits such as reduced fraud risk, improved operational efficiency, and significant cost savings. Quantified benefits over a three-year period include a 199% ROI and a net present value of $8.8 million. Additionally, the document discusses unquantified benefits such as enhanced user experiences and improved decision-making through AI and analytics. The findings provide a framework for organizations to assess the financial impact of ONESOURCE+ on their operations, emphasizing the importance of compliance and operational efficiency in today’s regulatory environment.