Global procurement
Supplier diversity and sustainability
Using our purchasing power to positively impact our communities.
At Thomson Reuters, we believe that by engaging in sustainability discussions and implementing environmental checks in our supply chain, we will inspire our customers, investors, and the community to promote efficient, sustainable practices themselves and set targets in line with climate science.
We are committed to providing opportunities for diverse and sustainable businesses to prosper by actively engaging suppliers that help us address the diverse needs of the global marketplace and by promoting financial inclusion practices for the benefit of minority groups.
We expect companies seeking to do business with us to demonstrate that the goods and services they provide us come from sources that share and are committed to our values, such that their business practices are consistent with the needs and expectations of our customers, investors, and the global community we serve.
Diversity
We prefer third-party certifications from our diverse suppliers. We accept certifications from recognized U.S. governmental agencies, as well as from private certification groups and agencies, such as the National Minority Supplier Development Council (NMSDC), the Women's Business Enterprise National Council (WBENC), the National LGBT Chamber of Commerce (NGLCC), the National Veteran Business Development Council (NVDBC), the National Veteran-Owned Business Association (NaVOBA), and Disability:IN.
For more information about how to obtain a third-party certification, please refer to the resources available here.
Sustainability
Guidance and policies
Purchase Order Terms and Conditions
Suppliers should be aware that Ariba offers two versions: The Standard Account and the Enterprise Account. The Standard Account will not incur any fees for the supplier, but the Full Account will. When registering with Ariba, suppliers create an agreement between them and Ariba, to which Thomson Reuters is not a party. Suppliers should ensure that the appropriate Ariba Account type is selected, as suppliers that select the Full Account will receive an invoice directly from Ariba. Thomson Reuters is not accountable if the incorrect level is selected, nor can it accept liability for any fees incurred. However, Thomson Reuters can assist suppliers to switch from the Enterprise Account to the Standard Account if the supplier notifies Thomson Reuters accordingly.
Become a supplier
We use Ariba to transact with our suppliers
Please note: due to the updates to Ariba, we will not be accepting new supplier requests from March 26 through April 22.
Thomson Reuters uses Ariba, a third-party electronic transaction processing tool, to manage the supplier onboarding process, and also to issue and manage purchase orders (POs) and invoices.
We accept both, the Standard Account (no fee) and the Enterprise Account (with fee). Suppliers electing to use the Enterprise option will be required to absorb any associated Ariba charges.
If your purchase order is dated before September 30, 2017, or your country is not listed above, you will be required to submit your invoice to a regional Document Receiving Centre (DRC). Please follow the instructions closely on How to Submit Non-Ariba Invoices and avoid payment delays.
Submission of invoices for goods and services must be sent within seven (7) business days from the service completion date or shipment of goods as requested on the purchase order.
Please note that the Thomson Reuters standard payment terms are 70 days from the date of the invoice submitted to the Account Payables team. For details specific to your country, please refer to the Purchase Order Terms & Conditions of Purchase. All suppliers transacting with Thomson Reuters are required to comply with the Code of Business Conduct and Ethics in the Thomson Reuters Supply Chain Ethical Code.
Ariba is the approved global tool for purchasing goods and services at Thomson Reuters. We have alternative payment methods available that can be used instead of Ariba when advised by Global Sourcing. The alternative purchasing channels can vary depending on the type of goods or services being purchased. Please contact the assigned Thomson Reuters business partner to find out more.
Tools and services
Suppliers PO Management in Ariba
All PO-based suppliers are required to use Ariba to receive POs — in all countries — and return invoices to Thomson Reuters as e-invoice-enabled countries. The supplier onboarding process ensures all suppliers are screened and set up for payment in Ariba so invoices can be managed and paid efficiently.
As a part of the mandatory setup process, all the suppliers are requested to register on SAP Business Network and complete the registration questionnaire to be set up for invoice payment in Ariba. Note: if you are a supplier located in Brazil, Japan, or the United States, you must include the relevant declarations and forms — provided on this page — in your Supplier Registration questionnaire submission.
Important
Suppliers should be aware that Ariba offers two versions: The Standard Account and the Enterprise Account. The Standard Account will not incur any fees for the supplier, but the Full Account will.
When registering with Ariba, suppliers create an agreement between them and Ariba, to which Thomson Reuters is not a party. Suppliers should ensure that the appropriate Ariba Account type is selected, as suppliers that select the Full Account will receive an invoice directly from Ariba. Thomson Reuters is not accountable if the incorrect level is selected, nor can it accept liability for any fees incurred. However, Thomson Reuters can assist suppliers to switch from the Enterprise Account to the Standard Account if the supplier notifies Thomson Reuters accordingly.
Supplier onboarding resources
While running the supplier onboarding process, Thomson Reuters could consider requesting to follow some of the guidelines to enable your company as a supplier. Please take this into account to make a smooth process.
Getting started with Ariba
As part of our partnership with Ariba, we offer different resources for your company to understand the usage of Ariba.