CCH Engagement Improves Productivity, Promotes Truly Paperless Environment
Integrates with Microsoft applications and CCH Accountants’
Suite products including Taxprep, CCH Practice, and CCH Document
Toronto, Canada (October 3, 2006) – CCH, Canada’s premier provider of tax and accounting research and compliance tools, today announced the availability of CCH Engagement - the latest addition to the CCH Accountants’ Suite. The CCH Accountants’ Suite is an intelligent, integrated suite of software applications that increases the productivity and profitability of Canadian accountants.
A powerful working papers solution, CCH Engagement allows accounting professionals to complete engagements in a truly paperless environment and benefit from significant workflow improvements. It gives accounting firms the highest level of security, maintains data integrity (regardless of the extent of the work performed in the engagement), and helps organizations to comply with stringent industry regulations. ProSystem fx Engagement, the U.S. version of the CCH Engagement, was named as one of the “Top 100 Software Products” for 2006 by Accounting Today.
“CCH Engagement has really made a difference in the efficiency of our office,” said Ted Ribeyre, owner of Ribeyre & Company, an office of 11 staff, in Port Coquitlam, British Columbia. “All of our team can complete year-end files quickly and securely. With CCH Engagement, we create financial statements in Excel effortlessly, that are easy to understand and populate. It’s so easy we don’t even need templates. All our staff and even new students are very familiar with Excel, making training our junior staff members quick and easy. CCH Engagement has been an awesome addition to our team.”
CCH Engagement manages an engagement through its lifecycle, creating electronic binders, assigning staff and managing client-related data. The Central File Room (the area where client files are created and securely stored) enables multiple users to work on and review the same engagement simultaneously. Flexible reporting options permit the creation of multiple financial statements for any engagement that can be tailored to meet industry-specific needs. These statements can also be exported to other applications like CCH Profit Driver, allowing accounting professionals to generate new revenues by providing value-added business consulting services to their clients.
Integration With Complementary Software Improves Workflow, Office Efficiencies
CCH Engagement offers seamless integration with standard Microsoft business applications such as Word and Excel. Just as important, CCH Engagement also integrates with CCH Profit Driver, CCH Document, Taxprep and CCH Practice to provide increased efficiencies in overall practice management.
Other examples of the power of integration provided by CCH Engagement, include:
-- Users of CCH Document can better comply with file retention guidelines by properly archiving binders completed in CCH Engagement.
-- The GIFI Dynalink between CCH Engagement and Taxprep enables the real time data transfer of GIFI information. Users can “jump” between CCH Engagement and Taxprep to see the source values in the trial balance, and their destination cells in the tax return. PDF copies of the completed Taxprep return can be stored in the CCH Engagement binder.
-- CCH Engagement users can create a project in CCH Practice and link it to an engagement binder, allowing users to track the status of an engagement, as well as budget vs. actual time spent.
“Time is a valuable commodity for accounting and auditing professionals. The more time they have in their day to perform higher level work and provide superior client service, the more efficient and profitable their firms will be,” said Ian Rhind, President and CEO of CCH in Canada. “CCH Engagement is a powerful tool that gives Canadian accounting professionals the time and technology to complete their tasks quickly, securely and according to industry guidelines. Integration between CCH Engagement and other CCH Accountants’ Suite products ensures that we enable our customers to create the most productive environment possible, so that they can focus more on their clients and less on their workload.”
For more information on CCH Engagement and the CCH Accountants’ Suite, please visit www.cch.ca/AccountantsSuite or call 1-866-426-6216.
About CCH
CCH is Canada’s premier provider of authoritative compliance tools, research and practice materials for accounting, legal and business professionals. Celebrating its 60th anniversary in 2006, CCH produces software and information products that help customers take command of complex regulatory issues in tax, accounting, law, financial planning and human resources. CCH (www.cch.ca) is a Wolters Kluwer business (www.wolterskluwer.com).
Wolters Kluwer is a leading multinational publisher and information services company. The Company's core markets are health, corporate services, financial services, tax, accounting, legal, regulation, and education. Wolters Kluwer has annual revenues (2005) of €3.4 billion, employs approximately 18,400 people worldwide and maintains operations across Europe, North America and Asia Pacific. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Its depositary receipts of shares are quoted on the Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. For more information, see www.wolterskluwer.com.
Contact:
Briana D’Archi
Porter Novelli Canada
416-422-7166
briana.darchi@porternovelli.com