Thomson Reuters Checkpoint Edge recently won Accounting Today’s “Top New Product Award for Smart Research Tools.” The product is a breakthrough AI powered tax research platform that quickly delivers the most relevant and accurate information tax professionals need to respond to the challenges of their clients and other stakeholders within the constantly changing tax regulatory landscape.
Checkpoint Edge incorporates a series of AI and cognitive computing based technologies including natural language processing, which enable plain English queries, a state of the art AI-powered search algorithm, which scan thousands of primary sources and editorial interpretations to surface relevant information, and a patent pending search aid that surfaces key concepts that allows users to zero in on their key concepts quickly. It continually synthesizes users’ questions and search behaviors to learn and improve search results as it is used.
“It is an honor for Checkpoint Edge to be included in Accounting Today’s 2020 Top New Products List,” said Pushkar Bhoopalam, vice president product management, Tax & Accounting Professionals at Thomson Reuters. “Checkpoint Edge uses AI technologies to enhance the research workflow by predicting the intent behind any query and allowing our customers to quickly and accurately find answers to complex tax law inquiries.”
Checkpoint Edge was developed by Checkpoint product development team, Thomson Reuters Center for AI and Cognitive Computing, and our award-winning editorial experts and leverages the latest in artificial intelligence (AI), cognitive computing and machine learning. It also draws on the robust Checkpoint tax databases, which include over 25,000 tax law, insights and analysis updates each month from the award-winning Checkpoint editorial team.
Thomson Reuters has more than 25 years of experience using AI- and machine-learning-based tools to solve defined, relevant problems that professionals are facing. The company uses three key ingredients to develop AI-based solutions: content, subject matter expertise and technology.
For a complete list of Accounting Today Top New Product winners, visit https://www.accountingtoday.com/list/the-2020-top-new-products.
Thomson Reuters is a leading provider of business information services. Our products include highly specialized information-enabled software and tools for legal, tax, accounting and compliance professionals combined with the world’s most global news service – Reuters. For more information on Thomson Reuters, visit tr.com and for the latest world news, reuters.com.