TORONTO, October 31, 2024 – Thomson Reuters (TSX/NYSE: TRI), a global content and technology company, today announced it is launching ONESOURCE with CoCounsel to customers globally. These enhanced solutions combine a new AI Product Support skill with CoCounsel, Thomson Reuters professional-grade generative AI assistant.
As multinational corporations face evolving regulatory challenges and talent shortages, ONESOURCE with CoCounsel augments professionals’ work. The Product Support skill offers customers ‘how to’ guidance, delivering assistance on complex compliance tasks by offering access to instant, relevant answers. The AI skill utilizes large language models to offer an intuitive interface for natural language queries, delivering immediate answers to questions, drawn from Thomson Reuters trusted, proprietary content.
First to market is ONESOURCE Indirect Tax with CoCounsel, enhances corporate tax management by improving efficiency in indirect tax determination, compliance and e-invoicing. This solution is now generally available to customers in North America, Europe, the Middle East, and Africa.
Read the full press release here.