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CCH and XCM Solutions Announce Strategic Partnership
(RIVERWOODS, ILL., December 11, 2006) – CCH, a Wolters Kluwer business and a leading provider of tax and accounting information, software and services (CCHGroup.com), announced that it has completed a strategic partnership agreement with XCM Solutions, LLC. XCM Solutions, based in Braintree, Mass., is the industry leader in providing workflow automation solutions to the tax and accounting profession.
The relationship will enhance CCH’s and XCM Solutions’ ability to deliver a complete paperless solution to CPA firms. XCM, the hosted workflow solution provided by XCM Solutions, will provide integration with CCH’s product suite, including ProSystem fx Document, Scan and Practice Management. The integration of an automated workflow solution with CCH products will meet a wide range of professionals’ needs across market segments.
“This strategic partnership represents a significant opportunity for CCH to further expand the integration of our products,” said CCH Product Manager Jerry Connor. “Partnering with XCM will allow us to immediately provide our clients with state of the art workflow automation that will make them more efficient and productive. What makes XCM workflow an exceptional product is that it was developed by CPAs, who know and understand workflow within a CPA firm as a result of operating their own large regional CPA firm.”
XCM Solutions is equally enthusiastic about the partnership because it offers an integrated solution that “will be the industry standard for years to come,” said Mark Albrecht, XCM Solutions CEO.
About XCM Solutions LLC
XCM Solutions provides CPA firms with patent pending, web-based process automation solutions that increase efficiency, productivity and profitability. The workflow technology virtually eliminates the manual communication process of moving files throughout the office, while providing instant access to client information. This visibility to workflow helps to reduce anxiety and stress during the busy season at the Partner, Professional Staff and Administrative Staff levels. With its cutting edge technology, XCM Solutions helps firms increase productivity in processing tax returns, tax notices, financial statements and bookkeeping. The increase in productivity enables firms to assume a greater workload, ultimately resulting in increased profitability. For more information, visit www.xcmsolutions.com
About CCH, a Wolters Kluwer business
CCH, a Wolters Kluwer business (CCHGroup.com) is a leading provider of tax, audit and accounting information, software and services. It has served tax, accounting and business professionals and their clients since 1913. Among its market-leading products are The ProSystem fx® Office, CCH® Tax Research NetWork™, Accounting Research Manager® and the U.S. Master Tax Guide®. CCH is based in Riverwoods, Ill.
Wolters Kluwer is a leading global information services and publishing company. The company provides products and services for professionals in the health, tax, accounting, corporate, financial services, legal and regulatory, and education sectors. 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 shares are quoted on the Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. For more information, visit www.wolterskluwer.com.
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