About
Thomson Reuters Checkpoint is the industry-leading research platform for tax, accounting, audit, and legal professionals. Trusted by firms and corporations worldwide, Checkpoint centralizes expert-curated content with advanced AI capabilities to help professionals find accurate answers faster and manage complex compliance tasks with confidence. At its core, Checkpoint integrates products such as CoCounsel Tax, CoCounsel Audit, Westlaw, and Practical Law—each powered by AI trained on decades of verified legal and tax content. CoCounsel Tax enables practitioners to complete tax research and client deliverables more quickly by centralizing trusted sources and firm data. CoCounsel Audit standardizes audit workflows through AI automation that delivers citation-backed insights, while Guided Assurance helps auditors efficiently manage engagements and identify risk. For corporate environments, Checkpoint handles high-volume transactions across multi-entity structures, supports periodic financial close cycles, cross-border trade compliance, and transactional compliance analysis. Legal professionals benefit from Westlaw's powerful research engine, which combines natural language processing with 150 years of legal expertise for precise, verified answers. Checkpoint is designed for tax professionals, CPAs, auditors, corporate legal teams, attorneys, and government agencies who need reliable, real-time guidance. With AI-enhanced research, workflow automation, and secure collaboration features, Checkpoint helps organizations reduce risk, increase efficiency, and deliver premium services at scale.
Key Features
- CoCounsel AI Research Assistant: AI-powered assistant that integrates tax research, analysis, and drafting using trusted Westlaw and Practical Law content for faster, more confident work.
- Audit Workflow Automation: CoCounsel Audit standardizes audit engagements with AI-driven automation that produces verifiable, citation-backed insights and identifies risk areas.
- Corporate Tax Processing: Handles high-volume, multi-entity corporate tax transactions with scalable software built to manage complexity across global structures and periodic financial close cycles.
- Westlaw Legal Research: Access legal answers faster with research software powered by 150 years of legal expertise, advanced NLP, and AI-verified case law and statutes.
- Cross-Border Trade & Compliance: Supports transactional compliance, global trade analysis, and risk monitoring to help corporate teams navigate international regulatory requirements.
Use Cases
- Tax professionals conducting complex federal and state tax research to advise corporate or individual clients.
- Audit teams standardizing engagement workflows and automating risk identification using AI-powered tools.
- Corporate legal departments managing cross-border trade compliance, transactional analysis, and periodic financial close processes.
- Law firms leveraging Westlaw and Practical Law for rapid, verified legal research and client-ready drafting.
- Government and public sector legal professionals managing matter workflows and ensuring regulatory compliance.
Pros
- Deeply Trusted, Expert-Verified Content: Built on 150+ years of Thomson Reuters expertise, ensuring professionals get accurate, citable answers backed by authoritative sources.
- Comprehensive AI Integration: AI features like CoCounsel Tax and CoCounsel Audit dramatically reduce time spent on research and compliance tasks without sacrificing accuracy.
- All-in-One Professional Platform: Covers tax, audit, legal research, and corporate compliance in one ecosystem, reducing the need for multiple disconnected tools.
- Enterprise-Grade Scalability: Designed for large firms and corporations, with multi-entity support and collaboration tools that scale across global teams.
Cons
- Premium Enterprise Pricing: Checkpoint is a high-cost platform primarily accessible to large firms and enterprises, making it less suitable for solo practitioners or small businesses.
- Steep Learning Curve: The breadth of features across tax, audit, and legal modules can require significant onboarding time for new users.
- Primarily U.S.-Centric Content: While it has some international coverage, the platform's depth is strongest for U.S. tax and legal content, limiting utility for purely international use cases.
Frequently Asked Questions
What is Thomson Reuters Checkpoint?
Thomson Reuters Checkpoint is a professional research platform that provides AI-powered tools, expert content, and workflow automation for tax, accounting, audit, and legal professionals worldwide.
Who is Checkpoint designed for?
Checkpoint is designed for tax professionals, CPAs, auditors, corporate legal and finance teams, attorneys, law firms, and government agencies that require authoritative, real-time compliance and research guidance.
What AI tools are included in Checkpoint?
Checkpoint includes CoCounsel Tax for tax research and client deliverables, CoCounsel Audit for audit workflow automation, and integrations with Westlaw and Practical Law powered by advanced NLP and large language models.
Does Checkpoint support audit workflows?
Yes. CoCounsel Audit and Guided Assurance help auditors standardize engagements, automate compliance checks, identify risks using AI, and produce citation-backed audit documentation efficiently.
Is Thomson Reuters Checkpoint available as a standalone subscription?
Checkpoint is an enterprise subscription product from Thomson Reuters. Pricing and module access depend on the specific products and practice areas selected. Contact Thomson Reuters directly for pricing details.
