Wolters Kluwer Unveils Technological and AI Advancements Across Its CCH AxcessTM Cloud Solution
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Revolutionizing the future of tax, firm management, and audit through innovation and AI integration
MINNEAPOLIS, October 23, 2024--(BUSINESS WIRE)--Wolters Kluwer Tax and Accounting (TAA) announced a series of transformative enhancements to its comprehensive cloud solution, CCH Axcess?, designed to streamline workflows across return preparation, firm management, and audit. Additionally, they have expanded vendor participation in the CCH? Marketplace, further committing to open integration in support of growth.
At the core of these enhancements is firm intelligence - empowering professionals to harness the power of data, industry insights, and integrated tools to optimize potential and maximize expertise. This latest series of innovations leverages cutting-edge AI technology and is aimed at enabling professionals and businesses of all sizes to drive productivity, navigate change, and deliver superior outcomes.
CCH Axcess’ integrated platform eliminates the need for configuring multiple integration points, providing firms with full visibility into their operations. This includes access to real-time project updates, broader workflow trends, and key performance indicators, effectively enhancing the management of the entire firm.
"Wolters Kluwer is at the forefront of technological innovation in the tax and accounting industry," said Cathy Rowe, SVP and Segment Leader, U.S. Professional Market, Wolters Kluwer TAA North America. "With our comprehensive cloud platform, firms can enhance their operations, attract talent, and deliver unparalleled value ensuring compliance and accuracy in an ever-evolving landscape."
CCH Axcess? Tax
The upcoming enhancements for CCH Axcess Tax focus on increasing tax professionals' productivity by streamlining workflow, expanding client data access, improving AI connectivity, and enhancing reporting accuracy. These updates should reduce task time, increase compliance with new reporting mandates, and improve consolidation features for improved electronic filing control. With the latest updates, customers will be able to benefit from:
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AI-powered research integration with CCH? AnswerConnect for instant insights.
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Advanced API capabilities for seamless data import.
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Enhanced K-1 import functionality.
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Updated 1042 electronic filing support.
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CCH Axcess? Beneficial Ownership, a new, streamlined solution for reporting mandates.
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Improved consolidation features for better control over electronic filing.
CCH Axcess? Firm Management
CCH Axcess Firm Management solutions have made significant strides in helping professionals manage priorities and streamline workflows. Key advancements include enhanced integrations, advanced AI capabilities, and innovative improvements across reporting, billing, data extraction, and collaboration tools. Specific enhancements include: