Innovation is indeed integral to our way of working at Wolters Kluwer. As Nancy McKinstry, CEO Wolters Kluwer, said, when presenting to a group of almost 300 leaders of our Tax & Accounting division in January 2017, “What inspires us as a Company are the opportunities to continually innovate, and enhance, the solutions that matter to our customers and their clients. I see that ambition in our business units, divisions and across all our regions.”
As the highlights below illustrate, the Company drove significant value for our customers over the course of the year, by:
Improving clinical and financial outcomes for health professionals and organizations
In November 2016, the Company’s acquisition of Emmi Solutions—a state-of-the-art patient engagement solution provider—helped extend Wolters Kluwer Health’s clinical solutions portfolio. Seamlessly integrating with existing customer systems and workflows, Emmi helps healthcare organizations better engage their populations, offers tracking and reporting engagement, and unparalleled client service to help drive business success.
Maximizing ROI from technology and data in healthcare
Launched in February 2016, Wolters Kluwer’s Health Language ® enterprise terminology management platform helps organizations maximize investments made in data warehouses, analytics engines and population health management tools, and includes a tool that supports advanced clinical decision support, predictive analytics, and quality reporting by leveraging clinical and claims data.
Enabling growth, productivity and profitability for tax and accounting professionals
CCH Axcess™, the profession's first modular, cloud-based tax preparation, compliance and workflow solution, helps firms navigate complex regulation; supporting effective firm management and accelerating business growth. The many enhancements during 2016 helped improved outcomes and user experience, including a new user interface for CCH® Accounting Research Manager (ARM) and the launch of ProSystem fx for small public accounting firms.
Improving efficiency, collaboration and workflow for legal, risk, and compliance professionals through technology platforms
Wolters Kluwer Passport® is an industry-leading Enterprise Legal Management technology platform, which enables firms to unite systems that manage legal, risk, and compliance activities on a single, secure, and collaborative framework. Passport® leverages data from across systems and departments to mitigate risk. It helps firms drive down total cost of ownership (TCO) of legal and claims systems, and rapidly evolve new technologies. Significant 2016 innovations included the launch of Passport® Office Companion; enabling legal professionals to manage workflows directly from familiar Microsoft Office Suite of products.
Leveraging advanced technology to manage environmental and social performance for global organizations
In July 2016, the Company welcomed Enablon—the leading global provider of environmental, health, safety and sustainability and operational risk management solutions. Enablon leverages advanced technology to help companies manage and optimize environmental and social performance in more than 160 countries.
These many innovations and enhancements that grew our value for customers were only possible thanks to our talented and diverse workforce of 19,000 employees.
How we grew our value for employees in 2016