Wolters Kluwer today announced that its innovative CCH Axcess™ Financial Prep and CCH Axcess™ iQ solutions, part of the award-winning, cloud-based CCH Axcess™ platform, were recently recognized with Gold and Silver Awards in the 2019 Golden Bridge Awards. The coveted annual Golden Bridge Awards program encompasses the world’s best in organizational performance, innovations, products and services, and customer programs from every major industry in the world. Wolters Kluwer Tax & Accounting solutions were recognized in the Cloud Computing/SaaS Innovations and Solutions for Integrating Content into the Workflow categories.
“We are honored to be recognized by the Golden Bridge Awards for our innovative cloud-based solutions,” said Jim McGinnis, EVP and General Manager, US Professional Market, Wolters Kluwer Tax and Accounting North America. “By combining new technologies like artificial intelligence and machine learning with our deep domain expertise in tax, accounting, and audit, these expert solutions give firms the tools they need to realize the full benefits of digital transformation, so they can better grow, manage, and protect their business and their clients’ businesses.”
CCH Axcess™ Financial Prep received the Gold Award in the Cloud Computing/SaaS Innovations category. Using artificial intelligence and machine learning technology to eliminate the manual process of grouping accounts when creating tax reports, CCH Axcess Financial Prep is a dynamic, end-to-end trial balance solution. Data resides in a common cloud database, allowing multiple staff to work simultaneously within the same engagement. Once users upload client trial balance data into CCH Axcess Financial Prep, the accounts are intelligently grouped, and the solution assigns the tax codes respectively. Users can make necessary adjustments based on their professional judgment before sending balances to the business tax return in CCH Axcess™ Tax.
CCH Axcess™ iQ received the Silver Award in the Solutions for Integrating Content into the Workflow category. By leveraging artificial intelligence and predictive analytics, CCH Axcess iQ helps firms turn complex regulatory and legislative change into engagement opportunities by helping 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 leverage automatically generated communications to engage clients with strategic counsel about recommended next steps.