Save content
Have you found this content useful? Use the button above to save it to your profile.
Thomson Reuters Onvio cloud suite launched
AccountingWEB_Thomson Reuters Onvio
Thomson Reuters Onvio cloud suite launched

Thomson Reuters Onvio joins practice cloud race

by
5th May 2016
Save content
Have you found this content useful? Use the button above to save it to your profile.

At its Synergy 2016 conference in Warwickshire this week, the tax and accounts software wing of Tomson Reuters introduced Onvio, the basic building block for its projected online practice suite.

At the moment, Onvio is primarily a document management portal allowing practices to share documents and tax returns with their clients and get electronic authorisations back.

 “This is the start of our cloud suite. We’ll release a new family of compliance solutions over the next couple of years. They will share the same clear workflow and interface no matter which application you’re in,” Thomson Reuters UK managing director Andrew Flanagan told AccountingWEB at the Synergy event.

Without revealing specific details yet, Flanagan added that Onvio would be “competitively priced”.

Onvio is part of a global platform that was introduced to users in north America in November. Time and billing and some practice management functions are next on the list for delivery in the cloud, but there is still a lot of work to migrate the exisiting Digita suite to the crowd.

As well as allowing firms to brand their Onvio portals and share folders with clients, the program is built around individual products, so that the practice can link the documents into a workflow and create automated emails to alert clients, or the staff handling their affairs.

The Projects function will be enhanced in the next few months with additional sub-tasks to make the workflow capability more useful, said Onvio product manager Ian Cooper.

Onvio also allows the user to “check out” documents from the central store work on them offline, for example with clients, and then check them back in when a connection is re-established. [See below for a short video introduction to the product with Ian Cooper.]

Pillow May founder Jessica Pillow has been monitoring Thomson Reuters’ cloud developments and urging the company on for several months. While keen to see even more functionality in the cloud, she welcomed Onvio to the marketplace. “It’s workflow based, which is great for me. They’re opening up the platform so that we can connect our software in as well,” she said.

Replies (1)

Please login or register to join the discussion.

avatar
By West Lancs Chartered Accountants
06th May 2016 23:16

We were at Synergy 2016 and took a good look at Onvio. It's admittedly very much in the early stages and hasn't quite got the features yet that we would expect (no versioning for document management etc.). As such we won't be early adopters of the product. However we will continue to monitor as the product roadmap develops and when Digita can get the other modules from it's suite integrated in the cloud we feel it should become a more compelling solution. Concerns remain about an "offline" mode for when there is no connectivity and the potential addition difficulties of migrating from one Cloud solution supplier to another.

Thanks (0)