CCH Integrator’s new Corporate e-Filing module is another milestone in easing compliance burdens
CCH, a Wolters Kluwer business and global leader in tax, accounting and audit information, software and services for professionals has revolutionised the submission of electronic data to government in Australia with the launch of its
Corporate e-Filing module. Via its new secure platform and Corporate e-Filing module, CCH Integrator™ will further reduce the complexities and escalating costs of corporate reporting and compliance.
CCH Integrator™ now offers an easily configured Standard Business Reporting (SBR)-enabled compliance module to meet new stringent Australian Prudential Regulation Authority (APRA) mandates. Over the coming months, it will then introduce a series of streamlined corporate compliance actions for reporting to the ATO (Goods and Services (GST), Corporate Income taxes, etc.), State Revenue Authority (Payroll taxes) and ASIC.
The Corporate e-Filing module allows corporations to easily collect, prepare, review and file required electronic data to multiple government departments in real-time via the Australian Government’s enhanced SBR filing framework. This streamlined process also provides a clear and detailed audit trail behind the source of these disclosures.
Director of CCH Corporate Reporting Solutions, Jim Edwards, explains that CCH Integrator’s new Corporate e-Filing module is another milestone in easing compliance burdens. “The business benefits are clear for CCH Integrator™ clients. The ever increasing compliance burdens, risk and penalties for non-compliance, combined with the pressure for cost reduction, is leading many corporations to review their current processes and consider where technology can assist.
“Most organisations use a disparate set of individual spreadsheets, email and stand-alone filing tools reporting into multiple government bodies to meet Australian compliance obligations. With the addition of the new Corporate e-Filing module, corporations can now complete the entire compliance process for multiple regulators within the one, integrated solution,” he continued.
With the assistance of the Corporate e-Filing module, CCH Integrator™ allows organisations to report any required information to government and other stakeholders using simple and standardised technology and processes, streamlining the workflow for corporate compliance managers. With a reputation of embracing operational challenge and new technologies, Australian organisations will now be able to confidently manage compliance reporting to government with CCH Integrator™.
CCH forecasts considerable reductions in error rates and risk, costs and manual staff involvement, as well as corresponding improvements in the consistency of approach in collection, standardisation of data and the level of audit trail.
An established platform, today CCH Integrator™ is in use by hundreds of organisations around the globe and holds the market-leading position here in Australia, having signed 75 percent of the top 50 ASX-listed companies.
Organisations are already benefiting from the totally integrated web-based compliance and reporting platform that streamlines corporate obligations across multiple compliance areas and countries. Global CCH Integrator™ clients include Amcor, Computershare, ExxonMobil, GrainCorp, Incitec Pivot and Kimberly-Clark.
In the Superannuation industry alone, more than 25 percent of the APRA-regulated public, retail and corporate Superannuation Funds have chosen to implement
CCH Integrator™ to help control and streamline the heavily increased APRA disclosure requirements.
Click here to learn more about CCH Integrator’s Corporate e-Filing module.
About CCH Integrator™
CCH Integrator™ is a highly scalable, secure corporate reporting platform designed to integrate all aspects of the compliance process from collection and calculation through to reporting and delivery within the ONE integrated web (cloud) platform.
Trusted by hundreds of corporations in Australia and around the world, including 9 of the 10 leading financial institutions in Australia, CCH Integrator™ is designed to increase visibility, lower risk, and improve accuracy and efficiency for corporate tax and accounting professionals.
To learn more about CCH Integrator™ please contact a CCH account representative via Freecall 1300 342 501 (from within Australia); Freecall 0800 452 333 (from within New Zealand); or via email: firstname.lastname@example.org.