ONESOURCE Indirect Tax vs. Nexway

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.

Nexway is a comprehensive eCommerce, payment, and subscription management solution designed to assist medium-sized and enterprise businesses in scaling their operations internationally while minimizing operational complexities. Functioning as a Merchant of Record (MoR), Nexway takes charge of essential financial, legal, and operational elements of digital commerce. This allows businesses to concentrate on growth, innovation, customer acquisition, and long-term retention, rather than getting bogged down by backend administrative tasks.