Thomson Reuters has launched ONESOURCE Audit Manager, an online global application that helps companies address the rising number of tax audits and documentation requirements.

The new offering allows user companies the ability to manage and monitor examinations, information requests, taxpayer adjustments, proposed adjustments and documents.

“As businesses expand, they have an increased number of entities and often with more geographically dispersed operations,” said Joe Harpaz, senior vice president and general manager of the corporate market for the Tax & Accounting business of Thomson Reuters. “Due to this, they often face multiple audits, and staying organized can be challenging. ONESOURCE Audit Manager allows tax departments to have more control over their audit processes and to respond to the IRS more quickly.” ONESOURCE Audit Manager integrates with Thomson Reuters’ ONESOURCE Workflow Manager.

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