The Tax & Accounting division of Wolters Kluwer announced today that two of its cloud-based expert solutions were recognized in the 2019 BIG Awards for Business. The CCH Tagetik Finance Transformation Platform, which helps CFOs and the Office of Finance modernize operations and capitalize on digital transformation, received top honors in the Product of the Year – Technology Software category. And, its cloud-based CCH Axcess™ iQ solution, which helps tax & accounting professionals turn legislative and regulatory changes into client engagement opportunities, was recognized as a finalist in the New Product of the Year category.
“We are honored to be recognized by the Business Intelligence Group for our cloud-based CCH Tagetik corporate performance management solution, which combines technology innovation with our deep domain expertise to give the Office of Finance the control and confidence it needs to gain key insights, make the right decisions faster, create value, and help drive the business where it needs to go,” said Ralf Gartner, Senior Vice President and General Manager of Corporate Performance Solutions, Wolters Kluwer Tax & Accounting.
The CCH Tagetik Finance Transformation Platform seamlessly brings together corporate performance management (CPM) and granular data analysis and governance into a single platform. Finance and business operations can be aligned with a centralized source with the ability to drill down and perform variance analysis and modeling at the lowest level for any process. The Finance Transformation Platform enables high volumes of data to be easily turned into information and value creation by helping the Office of Finance anticipate risks and opportunities. It empowers modern CFOs to efficiently orchestrate multiple financial processes and deliver deep financial and business insights with comprehensive visibility, transparency, control and confidence from start to finish.
With CCH Axcess iQ being awarded as a finalist in the New product of the Year category, Jim McGinnis, EVP and General Manager, US Professional Market, Wolters Kluwer Tax and Accounting North America comments, “When we first introduced CCH Axcess iQ last year, we knew it was a gamechanger that would quickly help tax & accounting firms capitalize on the growingly complex and constantly evolving legislative and regulatory landscape, As client expectations continue to rise, accounting professionals must stay ahead of the curve and act as trusted advisors. When changing regulations impact clients and their business, CCH Axcess iQ enables firms to stay proactive at the very moment these changes are enacted.”
CCH Axcess iQ leverages artificial intelligence and predictive analytics to help tax & accounting professionals and their firms turn complex regulatory and legislative change into engagement opportunities with clients. This innovative solution helps firms automatically analyze their customer data against hundreds of tax legislation change triggers to identify potentially impacted clients. In one easy step, professionals can review their dashboard of intelligent insights and use automatically generated communications letters and templates to engage clients with strategic counsel and grow revenue by offering them additional services.
The Business Intelligence Group was founded with the mission of recognizing true talent and superior performance in the business world. The original open source awards program, the BIG Awards for Business was first launched in 2012. This diverse industry awards program offers companies, their products, their people and their tactics a chance to be globally recognized by panels of business veterans and leaders. The BIG Awards for Business reward companies of various sizes (start-up, small, large) in all major verticals.
About Wolters Kluwer
Wolters Kluwer (WKL) is a global leader in professional information, software solutions, and services for the healthcare; tax and accounting; governance, risk and compliance; and legal and regulatory sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with advanced technology and services.
Wolters Kluwer reported 2018 annual revenues of €4.3 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 19,000 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands.
Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1 American Depositary Receipt (ADR) program. The ADRs are traded on the over-the-counter market in the U.S. (WTKWY).