ONESOURCE Indirect Tax vs. Fonoa

ONESOURCE Indirect Tax from Thomson Reuters is a cloud-native platform that helps organizations automate indirect tax determination, compliance, reporting, and e-invoicing across global jurisdictions. Combining trusted tax content with powerful automation, ONESOURCE enables businesses to accurately calculate VAT, GST, sales and use tax, and excise tax while keeping pace with changing regulations.

Fonoa is the first global tax automation platform that allows you to validate tax IDs, calculate taxes, generate invoices and e-invoices, report transactions and file your tax returns through a single solution. 6 reasons to choose Fonoa: 1. Comprehensive Global Tax Technology Solution - Fonoa is the only provider that offers a full suite of tax automation products on a global scale: tax ID validation, invoicing and e-invoicing, calculations, and returns. 2. Fast implementation - Our enterprise solutions are on average implemented 16 times faster than the legacy players.