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Thomson Reuters

Deloitte alliance

Thomson Reuters is an information and technology company providing legal, tax, accounting and news products, including Westlaw, ONESOURCE, CoCounsel and Reuters.

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Headquarters
Toronto, CA
Founded
2008
Employees
24,000 (2020)
Size
10,000+
Stock exchange
NYSE: TRI
Revenue (USD)
6B
Deloitte alliance listings: Pagero Thomson Reuters

Company profile

Thomson Reuters combines proprietary legal, tax, accounting and regulatory content with software and generative AI, including Westlaw, Practical Law, ONESOURCE, Checkpoint and the CoCounsel AI assistant, and owns the Reuters news agency. It is bought by law firms, corporate legal and tax departments, accounting firms and governments. It is notable for pairing authoritative editorial content with AI.

Ownership
Publicly listed · NYSE: TRI
Employees
10,001–50,000

Industries served

Key offerings

WestlawCoCounselONESOURCECheckpointPractical Law

Typical use cases

  • AI-assisted legal research and document review
  • Global indirect and direct tax compliance
  • Regulatory change monitoring for compliance teams

Strengths

  • Authoritative proprietary legal and tax content
  • CoCounsel brings generative AI grounded in trusted sources
  • Broad installed base across legal, tax and accounting

Considerations

  • Premium subscription pricing
  • Many products from acquisitions with uneven integration
  • Content strength is concentrated in US and major markets

Typical Deloitte services

  • Tax technology implementation and integration
  • Legal operations and AI adoption
  • Regulatory compliance process automation

Editorial profile based on public information.

Pagero

Covers: Pagero

Pagero runs a cloud network for exchanging e-invoices, purchase orders and other business documents while meeting country-specific e-invoicing and continuous transaction control mandates. It is bought by multinational finance, tax and procurement teams facing mandates such as those in the EU, Latin America and Asia. Thomson Reuters acquired Pagero in 2024 and is integrating it with its indirect tax portfolio.

Ownership
Subsidiary
Parent company
Thomson Reuters
Employees
501–1,000

Industries served

Key offerings

Pagero NetworkPagero E-invoicingPagero Tax Compliance (CTC)Pagero Smart Accounts Payable

Typical use cases

  • Complying with country e-invoicing and CTC mandates
  • Automating supplier invoice receipt into ERP
  • Peppol-based document exchange with public sector

Strengths

  • Broad country coverage of e-invoicing and CTC mandates
  • Open network connecting to other access points
  • Backed by Thomson Reuters tax content and reach

Considerations

  • Integration roadmap still evolving under new ownership
  • Per-transaction costs scale with document volume
  • Overlaps with tax engines and AP tools buyers may own

Typical Deloitte services

  • Indirect tax and e-invoicing mandate readiness
  • ERP integration for order-to-cash and procure-to-pay documents
  • Accounts payable automation process redesign

Editorial profile based on public information.

Thomson Reuters products

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