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CCH ProSystem fx Practice Intelligence Named 2012 Top New Business Intelligence Product by Accounting Today

CorpSystem Sales Tax SaaS Also Recognized

(RIVERWOODS, ILL., March 2, 2012) – CCH’s ProSystem fx® Practice Intelligence, the business discovery platform bridging the gap between traditional Business Intelligence solutions and standalone office productivity applications, has been honored by Accounting Today in being named the magazine’s “2012 Top New Product” in the Business Intelligence category. CCH, a Wolters Kluwer business is a leading global provider of tax, accounting and audit information, software and services (CCHGroup.com).

In describing this new Business Intelligence solution, Accounting Today says, “A business can never accurately gauge its performance unless it's measured against its competitors. Our Top New Product in the Business Intelligence Category, ProSystem fx Practice Intelligence, should help. Providing BI in near real-time and integrating with CCH's ProSystem fx Practice Management solution to provide a true key performance indicator dashboard, Practice Intelligence can serve companies with as few as 20 employees to those with more than 100.”

“It’s very rewarding to receive the same feedback from Accounting Today that we’re hearing from our Practice Intelligence customers,” said Brian Steinert, CCH Director of Product Management – Workflow. “Not only does Practice Intelligence enable rapid access to key performance metrics contributing to better business decisions, it delivers instant results on a clear dashboard that can even be accessed on a mobile device.”

Business Intelligence Advantage

Business Intelligence solutions make data analysis simple and easy, putting professionals in control of the data so they can rapidly retrieve fast answers to their most critical business questions. To get a true understanding of a firm’s health and to control expenses, accurate reports and quick access to practice data are critical.

Practice Intelligence offers Business Intelligence immediately, in clear, eye-catching onscreen reports – speeding up analytics, automating reporting and placing key data at the professional’s fingertips.

Practice Intelligence provides instant access to reports and insightful analytics via a dynamic interface including:

  • KPI dashboard – speeds up analytics and automates reporting;
  • Instant “slice-n-dice” and drill-down capability – displays data by billing partner, billing manager, department, client name and more;
  • One-click management report – helps managers easily visualize relationships and find meaning in firm data;
  • Easy implementation – gets professionals up and running in a week’s time; and
  • Web-based training – takes only one hour and can be completed without leaving your desk.

Practice Intelligence automatically flows information from ProSystem fx Practice Management into an easy-to-read, fully-customizable and interactive dashboard. Professionals can access regular WIP updates, hours posted, utilization rates and outstanding AR days in near real-time.

Additional CCH Honors

Accounting Today also honored CCH’s CorpSystem® Sales Tax SaaS with an honorable mention in the Corporate Tax category. The new, cloud-based tax tool uses three easy-to-use Software-as-a-Service (SaaS) solutions (Sales Tax SaaS CORE, PLUS and PRO) that perform real-time, automated sales tax calculations and automatic returns preparation and filing – reducing the burden of sales and use tax compliance.

For More Information

To learn more about CCH ProSystem fx Practice Intelligence, please call 1-800-PFX-9998 (800-739-9998). To see the solution in action, please click here to register for a free Practice Intelligence webinar. To learn more about CorpSystem Sales Tax SaaS, please call 1-866-513-CORP (866-513-2677).

About CCH, a Wolters Kluwer business

CCH, a Wolters Kluwer business (CCHGroup.com) is the leading global provider of tax, accounting and audit information, software and services. It has served tax, accounting and business professionals since 1913. Among its market-leading solutions are The ProSystem fx® Suite, CorpSystem®, CCH® IntelliConnect®, Accounting Research Manager® and the U.S. Master Tax Guide®. CCH is based in Riverwoods, Ill. Follow us now on Twitter @CCHMediaHelp. Wolters Kluwer (www.wolterskluwer.com) is a market-leading global information services company. Wolters Kluwer is headquartered in Alphen aan den Rijn, the Netherlands. Its shares are quoted on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices.

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