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The accounting software provider has made a range of enhancements enabling users to reduce manual data entry and administrative work.
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Wolters Kluwer unveils raft of features on CCH iFirm software
14 November 2023
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9 minute read
Wolters Kluwer has released capabilities and key integrations for Australian customers using CCH iFirm, its practice management and compliance software platform.
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It said the enhancements provided more efficient end-to-end workflow, enabling firms to complete compliance work faster.
The release allowed accounting firms to leverage deeper integrations and data automation between CCH iFirm Client Accounting and CCH iFirm Tax, reducing the need for manual data entry or administrative work.
Wolters Kluwer head of product and professional software, Rakesh Naidu, said the reduction in manual processes allowed accountants to have greater capacity to meet client expectations and help generate sustainable revenue growth.
“Looking ahead, we are planning further enhancements to our customers’ workflow in 2024, including the development of integrated workpapers backed by our unique expertise in both tax software and knowledge solutions,” said Mr Naidu.
The release also introduced a single-click feature that imported ledger data from CCH iFirm Client Accounting into a tax return in CCH iFirm Tax, helping users save time.
Wolters Kluwer has also added a unique data mapping approach that connects key points in each tax return to the chart of accounts.
Further benefits of the most recent software release include improved automation within CCH iFirm Tax that delivers features, such as an option to pre-fill data from the ATO to help reduce manual data entry and time spent on non-billable work.
The release provides deeper integration between the compliance and communication modules within CCH iFirm, such as CCH iFirm Client Portal and CCH iFirm Signatures, which now require only a few clicks to get a tax return sent, signed and saved securely.
The software firm said the combination of these new enhancements with the existing integrations of CCH iFirm’s suite of products allows accountants to benefit from the simplicity and ease that comes from using a single cloud-native software platform for all their firm needs.
“Working with our customers in a co-design process has been and will continue to be integral to delivering superior designs and solutions that solve customer needs,” said Mr Naidu.
“We want to thank our customers who have been working with us to develop and refine our innovative solutions.”
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