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Tax & AccountingDecember 03, 2024

Upgrade your workflow: Today's modern tools for tomorrow's success

By: Wolters Kluwer Tax and Accounting

In today’s fast-paced business environment, it is easy to fall into the trap of thinking that the status quo is sufficient. Many firms believe their current systems, which have served them for years, are good enough. However, this myth can lead to missed opportunities and inefficiencies that impact a firm’s ability to serve clients effectively.

Embrace efficiency: how modern tools streamline workflows

Modern tools and technologies are not just upgrades. They are game changers where transformation directly impacts a firm's efficiency and client satisfaction. 

  • Streamline workflows 
  • Reduce errors
  • Improve collaboration

Streamlined workflows: Save time and resources

One of the most significant advantages of modern tools is their ability to streamline workflows. Automated processes replace manual tasks, allowing employees to focus on more strategic activities. For example, a task that once required several steps and approvals can now be completed with a few clicks, saving valuable time and resources.
CCH Axcess™ Engagement Essentials has the best integration with tax as far as trial balance. It is one click. All other competitors, you have to do a manual upload with a text file or something. If you are using a CCH® Tax solution, then you should be using Engagement Essentials. It is a no-brainer and saves you a bunch of time.
Jason Ackerman, VP, BNA CPAs and Advisors

Accuracy matters: Reducing errors with technology

Human error is a common challenge in any manual process. Modern tools, equipped with automation and validation features, significantly reduce the risk of errors. This leads to more accurate data, better decision-making, and a higher quality of service for clients.
We chose CCH Axcess™ Engagement, CCH Axcess™ Knowledge Coach and TeamMate® Analytics because we really wanted something that was going to be an end-to-end, cloud-based, single source platform that allows us to complete our audits in the most efficient way possible without having to go back and forth between multiple platforms. And we really wanted it to be based on an audit methodology that had been around for a while and had been proven and peer reviewed, and we just felt like CCH was the best option for that.
Robert Tilton, Partner, WebsterRodgers

Work together, better: Enhancing collaboration

Modern tools enhance collaboration by providing platforms where teams can work together seamlessly, regardless of location. Features like real-time updates, shared workspaces, and integrated communication channels ensure that everyone is on the same page. This not only boosts productivity but also fosters a culture of teamwork and innovation.
With moving to CCH Axcess Engagement, just as a reviewer being able to almost fly through the review process, it has probably decreased by 50% what I was doing before.
Nick Nieting, Senior Supervisor, Drazen Henke & Associates

Power of the platform: Unified success

For accounting firms to truly harness the benefits of modern tools, they need a comprehensive, integrated platform that brings together accounting, audit, and tax workflows. This "power of the platform" ensures that all tools work together seamlessly, creating a unified and efficient ecosystem. An integrated platform can:

  • Centralize data: By having all data in one place, firms can make more informed decisions and provide better services.
  • Integration within and across workflows: Seamless integration throughout all the firm’s workflows ensures smooth operations and continuity.
  • Enhance scalability: As a firm grows, a robust platform can scale with them, supporting increased demand and new functionalities.
Best of breed solutions might seem like a good idea but the ability to have data flow across a platform is a better idea. Choose a partner not a product.
Rick Kasnick, Managing Partner (Northeast), Roedl & Partner USA

Future-proof your business: Transform workflows for success

The myth that your current system is good enough can hold your firm back from achieving your full potential. Embracing modern tools and the power of the platform is not just about keeping up with the times; it is about positioning your firm for sustained success. The reality is clear. By streamlining workflows, reducing errors, and improving collaboration, you can serve your clients more effectively and efficiently. By adopting modern tools and leveraging an integrated platform, like CCH Axcess™ Audit – Cloud Audit Suite, your firm can drive innovation, efficiency, and client satisfaction. The time to evolve is now—embrace the power of the platform and transform your workflow for a successful today and tomorrow.
Wolters Kluwer Tax and Accounting

Wolters Kluwer Tax and Accounting is a leading provider of software solutions and expertise that helps tax, accounting and audit professionals research and navigate complex regulations, comply with legislation, manage their businesses and advise clients with speed and accuracy.

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