Wolters Kluwer, Sydney, New South Wales, Australia: CCH Integrator, Maintaining its Leadership in the Transformation of Tax and Compliance

Company: Wolters Kluwer, Sydney, NSW, Australia
Nomination Submitted by: 12 Worlds Communications
Company Description: Wolters Kluwer Tax & Accounting is a leading provider of software solutions and local expertise that helps tax, accounting, and audit professionals research and navigate complex regulations, comply with legislation, manage their businesses and advise clients with speed, accuracy and efficiency.
Nomination Category: Product & Service Categories - Business Technology Solutions
Nomination Sub Category: Governance, Risk & Compliance Solution
2022 Stevie Winner Nomination Title: CCH Integrator – Maintaining its Leadership in the Transformation of Tax and Compliance
  1. Which will you submit for your nomination in this category, a video of up to five (5) minutes in length about the the nominated new or new-version product or service, OR written answers to the questions for this category? (Choose one):
    Written answers to the questions
  2. If you are submitting a video of up to five (5) minutes in length, provide the URL of the nominated video here, OR attach it to your entry via the "Add Attachments, Videos, or Links to This Entry" link above, through which you may also upload a copy of your video.

     

  3. If you are providing written answers for your submission, you must provide an answer to this first question: If this is a brand-new product, state the date on which it was released. If this is a new version of an existing product, state the date on which the update was released:

    The update was released in 2021.

  4. If you are providing written answers for your submission, you must provide an answer to this second question: Describe the features, functions, and benefits of the nominated product or service (up to 350 words):

    Total 350 words used.

    Developed in Australia, CCH Integrator is a global tax compliance and reporting platform that transforms the tax and reporting function. CCH Integrator is a single, integrated cloud-based platform that avoids multiple complex installations, system interfaces and the end-user confusion that arises when separate applications are used for tax management, compliance, reporting and provisioning.

    It is designed to be used by a team of one to the largest and most complex multinational teams. CCH Integrator brings the tax function under one umbrella so a team can manage multiple tax regimes and jurisdictions, reporting requirements, languages and currencies –anywhere in the world.

    CCH Integrator helps streamline and simplify group tax (reporting & transfer pricing), local tax (direct and indirect and transfer pricing), local statutory accounts (GAAP to GAAP journals and local financial statements), data collection and financial regulatory reporting.

    CCH Integrator increases control, reduces risk and frees the tax function to focus on more important things. Over 15,000 end-users now trust CCH Integrator across 350 corporations operating in over 80 countries.

    In Australia, the largest Financial Institutions (including Australia’s major retail banks) and all Big 4 professional services firms, including Deloitte, EY, KPMG and PwC have implemented CCH Integrator. Over 40% of the Top 100 companies listed on the Australian Stock Exchange also rely on CCH Integrator.

    Maintaining Next Generation Tax Reporting & Compliance

    Wolters Kluwer has identified three critical areas for CCH Integrator in the future - design of a new interface, the development of the platform and enhancing distribution to strengthen integration with Wolters Kluwer solutions and third-party systems.

    In line with this commitment, a series of platform milestones were achieved including solution releases for FBT Organiser, FBT Partner, Australian Direct Tax Compliance, Australian Local File, CCH Lodgement Portal, Australian Indirect e-Tax Filing and a new User Interface and multi-browser compatibility.

    Throughout 2021, Wolters Kluwer completed a range of performance improvements and security enhancements for both workbook and administration tasks:

    • Websheets – a series of menus, formulas, configuration, data mapping and carry forward data capabilities
    • Reports – new standard reports for calculations
    • Security – workbooks are now automatically locked
  5. If you are providing written answers for your submission, you must provide an answer to this third question: Outline the market performance, critical reception, and customer satisfaction with the product or service to date. State monetary or unit sales figures to date, if possible, and how they compare to expectations or past performance. Provide links to laudatory product or service reviews. Include some customer testimonials, if applicable (up to 350 words):

    Total 120 words used.

    The market acceptance for CCH Integrator in 2021 culminated in a new set of key metrics:

    • ISO 27001 certification achieved for Information Security Management System
    • More CCH Integrator workbooks were created by users in 2021 than ever before
    • More Australian tax returns and Australian Local File lodgement were made via the CCH Lodgement Portal in 2021 than ever before
    • Thousands of new CCH Integrator user accounts were created all around the world
    • Over 95% of users reported a positive experience with CCH Integrator’s dedicated support team.
    1. BESIX Watpac CCH Integrator Case Study - BESIX Watpac - Case Study CCH Integrator | Wolters Kluwer
    2. Australia Post CCH Integrator Case Study - Australia Post - Case Study CCH Integrator | Wolters Kluwer
  6. You have the option to answer this final question: Reference any attachments of supporting materials throughout this nomination and how they provide evidence of the claims you have made in this nomination (up to 250 words):

    Total 78 words used.

    CCH Integrator was recognised as a Gold Winner in 2021 for the Asia Pacific Stevies for the Award for Innovation in Product Design and Development > P01. Award for Innovation in Business-to-Business Products & Services.

    Additionally thought leadership from Wolters Kluwer tax technology experts:

    https://wolterskluwer.com.au/insights/cch-integrator-tax-breaka-short-conversation-about-the-modern-tax-function-episode-1/

    Building an integrated function with CCH Integrator | Acuity (acuitymag.com)

    Tax analytics puts corporates ahead of the game | Acuity (acuitymag.com)

    https://www.acuitymag.com/technology/how-cch-integrator-can-transform-your-tax-function

    https://youtu.be/0FlKMig5gv0

Attachments/Videos/Links:
CCH Integrator – Maintaining its Leadership in the Transformation of Tax and Compliance
URL wolterskluwer.com.au/insights/cch-integrator-tax-breaka-short-conversation-about-the-modern-tax-function-episode-1/