Thomson Reuters Checkpoint Reviews & Product Details

Tax Manager
Accounting
Enterprise(> 1000 emp.)
Validated Reviewer
Review source: Invitation from G2
What do you like best?

I've used the 3 "big guys" in this space (CCH IntelliConnect, BNA Tax & Accounting and RIA Checkpoint), each for over a year, and Checkpoint is definitely the most user friendly tool that provides the quickest answers. They all have great content, but Checkpoint offers the quickest and easiest answers. The search tool is great, browsing is easy. When it comes to the user, there are no complaints. My favorite tool is the create-a-charts, which are dynamic and update as the tax rules and regulations change. They are also very customization and a great way to get quick answers Review collected by and hosted on G2.com.

What do you dislike?

The cost - it tends to be more expensive than just about every competitor. While I do think it's worth the cost, you may want to consider other options based on your company's needs. Review collected by and hosted on G2.com.

Recommendations to others considering the product:

Don't accept the pre-determined packages they offer - it's probably more than you need. Work with your representative at RIA to get only the modules you need. Soon, they may be switching to only packages and no a-la-carte options, but for now I've found that it's cheaper to go with a-la-carte because half of what's included in the packages are things we wouldn't use Review collected by and hosted on G2.com.

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

Tax research - our company operates in all 50 US states and several countries around the world, so having a good tax research tool is a must. I utilize the create-a-chart function the most often, but also use the search function from time to time Review collected by and hosted on G2.com.

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Thomson Reuters Checkpoint Overview

What is Thomson Reuters Checkpoint?

Checkpoint provides them with fast access to thoroughly integrated and up-to-date research materials, editorial insight, productivity tools, online learning, news updates, and marketing resources

Thomson Reuters Checkpoint Details
Product Description

Checkpoint provides them with fast access to thoroughly integrated and up-to-date research materials, editorial insight, productivity tools, online learning, news updates, and marketing resources


Seller Details
Seller
Thomson Reuters
Ownership
NYSE:TRI
Company Website
Year Founded
2008
HQ Location
Toronto, ON
Total Revenue (USD mm)
$5,906
Twitter
@thomsonreuters
158,166 Twitter followers
LinkedIn® Page
www.linkedin.com
45,252 employees on LinkedIn®
Description

We are the leading source of intelligent information for the world’s businesses and professionals, providing customers with competitive advantage.

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Thomson Reuters Checkpoint Reviews

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Assistant
Accounting
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: Invitation from G2
What do you like best?

I've used this software in my current job and during my time in school and it has been an absolute life saver when it comes to finding tax law and other relevant materials. If you're looking for tax regs or other information to back up your findings, this is one of the most useful software out there to gather all information into an easy to use place when searching certain words. It also helps by adding boolen functions so you can summarize your searches very well and try to pinpoint what you're looking for. Review collected by and hosted on G2.com.

What do you dislike?

As with anything that looks over tax documents, the information you receive sometimes isn't always useful and the software does not help too much at times. Sometimes the stars next to certain items are not always what you're looking for and you won't always know you've selected the wrong item until you're 15 IRC pages deep into a research project. Review collected by and hosted on G2.com.

Recommendations to others considering the product:

If you're looking to help add value to your clients through tax positions you're not certain about, it's one of the best ways to do so. In the field of Tax research, it's unbeaten. Review collected by and hosted on G2.com.

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

When you're interested in looking up specific regulations for Tax research, Checkpoint is extremely useful and one of the best research services out there. It is helpful when you're looking up areas of tax law that are not that clear and it puts all the tax court cases you need into a summarized place. I really appreciated the Boolean functions that checkpoint offers, it really helped me summarize down what I'm looking for much easier. Review collected by and hosted on G2.com.

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Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: Invitation from G2
What do you like best?

User friendly, and breath of knowledge.. Review collected by and hosted on G2.com.

What do you dislike?

Lacks some preferred secondary sources.. Review collected by and hosted on G2.com.

Recommendations to others considering the product:

I would recommend spending a day reviewing the services and tools of Thomson Reuters checkpoint to get the best utility. Review collected by and hosted on G2.com.

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

The only problem is the lack of secondary sources that are on other platforms. However, Checkpoint is amazing because it can clearly and quickly search through primary sources. Review collected by and hosted on G2.com.

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UA
Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: Invitation from G2
What do you like best?

This tool is excellent in searching for answers regarding accounting questions. It is extremely easy to search and filter through results. Search results will highlight the keywords used in search to easily identify potential solutions. Review collected by and hosted on G2.com.

What do you dislike?

Unless you know specifically what publication or authority you need to use it can be difficult to navigate Review collected by and hosted on G2.com.

Recommendations to others considering the product:

This is a great solution for finding answers in an ever changing tax and accounting environment. The authoritative literature is up to date and easy to navigate through to find the correct solutions. Review collected by and hosted on G2.com.

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

Accounting questions and authoritative literature. Review collected by and hosted on G2.com.

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Assurance staff
Accounting
Mid-Market(51-1000 emp.)
Validated Reviewer
Verified Current User
Review source: Invitation from G2
What do you like best?

Checkpoint tools is a great resource especially for an accountants use. There are so many resources to new accounting standards updates, resources to standards and regulations, Financial statement tools, and especially since the field I work in is a specialized industry it has quite a lot of resources for that industry. Review collected by and hosted on G2.com.

What do you dislike?

Personally I would like to know when each audit program is updated to a newer version, especially in the industry that I work with. This would greatly reduce the time it takes to update a new checklist. Review collected by and hosted on G2.com.

Recommendations to others considering the product:

I would recommend Checkpoint tools because of its resources and current information especially regarding new accounting standards, audit programs, and many other tools and tips that can help in the accounting business. Review collected by and hosted on G2.com.

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

The biggest problems that are being solved are audit steps from the audit programs pointing us in the right direction. That is the best things that these audit programs offer because of the ever changing nature of the business we have a roadmap as to what needs to be tested and what we should look for. Review collected by and hosted on G2.com.

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UA
Enterprise(> 1000 emp.)
Validated Reviewer
Review source: Invitation from G2
What do you like best?

I use Checkpoint quite regularly. It is a job requirement of mine assure our clients that they are handling the challenging tax compliance issues they face correctly. Without Checkpoint, I would have to conduct research much more often, which can be very tedious. Checkpoint is great at summarizing and placing the important information in my hands when I need it. Review collected by and hosted on G2.com.

What do you dislike?

Checkpoint can be difficult to navigate. Users who are not familiar with Checkpoint will have a difficult time in learning how to find information. There are other companies, such as CCH, that have better ways of compiling information for users and is easy to find. Review collected by and hosted on G2.com.

Recommendations to others considering the product:

If you are looking for a product that will find the information you need quickly and correctly, Checkpoint is the software for you. It brings you ease of access to important topics, in depth research, and easy to understand summaries of complex laws. Review collected by and hosted on G2.com.

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

Since I often run into challenging or confusing issues in tax compliance engagements, Checkpoint brings the correct information to me without any hassle. I have been able to answers difficult questions and solve challenging problems in a quicker manner than I would without it. Review collected by and hosted on G2.com.

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IT support
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: Invitation from G2
What do you like best?

it covers a lot of ground and allows you to manage and keep track of what you and others are but other competitors can what this product can offer with inexpensive price Review collected by and hosted on G2.com.

What do you dislike?

the cost and this can vary depending on the sale rep but i feel like it should be cheaper than what we pay for Review collected by and hosted on G2.com.

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

checkpoint allows users and admin to keep track of what CPE and other stuff from webportal and we dont need any vpn access of anything, it is helpful to stay on top of everything in one place Review collected by and hosted on G2.com.

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UA
Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: Invitation from G2
What do you like best?

This software was easy to use and to understand the basic of our finances. We were able to pinpoint our spending habits as well as keep track of important tax forms. Review collected by and hosted on G2.com.

What do you dislike?

This software wasn’t used for an extended amount of time because of our accounting branch expanding. This software is better suited for smaller companies who are just beginning their start up process. Review collected by and hosted on G2.com.

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

At the beginning of the usage of Thomas Reuters we were able to manage and observe our finances to be able to launch our company much faster than anticipated. Review collected by and hosted on G2.com.

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UA
Enterprise(> 1000 emp.)
Validated Reviewer
Verified Current User
Review source: Invitation from G2
What do you like best?

Checkpoint allows me to find any tax form that I might need through their eForms program. Review collected by and hosted on G2.com.

What do you dislike?

Site is not always lightening fast, servers seem to slow down during busy times. Review collected by and hosted on G2.com.

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

Tax forms are readily available for me Review collected by and hosted on G2.com.

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UF
Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: Invitation from G2
What do you like best?

I like the ability to search for articles & technical information Review collected by and hosted on G2.com.

What do you dislike?

Search functionality is often redesigned & works slower or results are not as clear as under previous search engine. Information is often wrong & must be checked against other resources. Review collected by and hosted on G2.com.

Recommendations to others considering the product:

Do real searches to see if you get the same results or better results. Previous versions of the software had better search engines. Review collected by and hosted on G2.com.

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

research. Much faster than other methods, but other software providers are catching up. Review collected by and hosted on G2.com.

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UL
Mid-Market(51-1000 emp.)
Validated Reviewer
Review source: Invitation from G2
What do you like best?

They just launched a new layout- love the updated/streamlined looked! Checkpoint mimics other TR tools in look, so it is easy to use and familiar. I like all the newsletters options and ability to get to full primary text quickly. Review collected by and hosted on G2.com.

What do you dislike?

The validation of IP authentication is frustrating at times. I have found that if I switch Browser, at times it will ask me to re-validate and re-register. This is a formality but frustrating. There has been talk to switch everyone to unique user IDs, but as long as IP authentication works - it is less painful that having everyone on different IDs. Also, some of the generic information seems to parallel with Practical Law information and what can be found there. Review collected by and hosted on G2.com.

Recommendations to others considering the product:

Definitely a valuable tool for anyone dealing with Tax, Estate Planning, Employee Benefits planning and the law. Take the time to sign up for newsletters that would be most useful for your practice and get familiar where to search. I love the quick search box option if I am not sure where something might be found. Also love all the tax source libraries and find them easy to use and a central point of knowledge. Review collected by and hosted on G2.com.

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

We use it for tax and employee benefits and estate planning uses. Also use it for keeping up to date with the law and for gathering research on different types of cases. Review collected by and hosted on G2.com.

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ET
Enterprise(> 1000 emp.)
Validated Reviewer
Review source: Invitation from G2
What do you like best?

Checkpoint provides access to up-to-date research materials, editorial insight, productivity tools, online learning.

We can obtain answers to accounting,& finance questions quickly — adding more value to our clients Review collected by and hosted on G2.com.

What do you dislike?

It is expensive for the initial outlay, but we feel like this is something that pays for itself over the longer run Review collected by and hosted on G2.com.

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

Accounting and finance issues - plus we must be in accord with compliance issues which always seem to be changing Review collected by and hosted on G2.com.

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UA
Small-Business(50 or fewer emp.)
Validated Reviewer
Review source: Invitation from G2
What do you like best?

It is great to get all of the necessary information and research in a single location. The worksheets are great. Review collected by and hosted on G2.com.

What do you dislike?

The cost of the product is a bit steep considering that you can get most of it for free other places. Review collected by and hosted on G2.com.

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

I have been able to locate documents that I need to complete reviews and compilation services for my clients. Review collected by and hosted on G2.com.

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UE
Enterprise(> 1000 emp.)
Validated Reviewer
Review source: Invitation from G2
What do you like best?

The fastest, most reliable way to research tax law changes. The fastest, most reliable source for tax law changes. Review collected by and hosted on G2.com.

What do you dislike?

the Software can sometimes be difficult to navigate, even for returning users. Review collected by and hosted on G2.com.

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

Tax research for corporations and sales & use tax changes Review collected by and hosted on G2.com.

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UL
Enterprise(> 1000 emp.)
Validated Reviewer
Review source: Invitation from G2
What do you like best?

Thomson Reuters Checkpoint is great! Like all of Thomson Reuters' products, it's user friendly and it increases productivity. Review collected by and hosted on G2.com.

What do you dislike?

I have yet to find anything I dislike about Checkpoint! Review collected by and hosted on G2.com.

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

I am able to solve a lot of our business challenges with this product. Review collected by and hosted on G2.com.

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UM
Enterprise(> 1000 emp.)
Validated Reviewer
Review source: Invitation from G2
What do you like best?

Amount of useful information regarding tax law and accounting Review collected by and hosted on G2.com.

What do you dislike?

Navigating around and the website, sometimes you have to go deeper to find what you need Review collected by and hosted on G2.com.

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

Tax law Review collected by and hosted on G2.com.

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