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CCH KnowledgeConnect Wins 2010 CPA Technology Advisor Tax & Accounting Technology Innovation Award

SaaS version of CCH ProSystem fx Document Awarded Honorable Mention

(LOS ANGELES, CALIF., June 8, 2010) – CCH’s leadership in leveraging the latest technology to deliver innovative, practical solutions to professionals was demonstrated again as two CCH solutions were recognized as part of the annual CPA Technology Advisor Tax & Accounting Technology Innovation Awards. CCH, a Wolters Kluwer business is the global leading provider of tax, accounting and audit information, software and services (CCHGroup.com). The awards were announced on June 7 at the 2010 California Accounting & Business conference.

One of the prestigious awards was given to CCH® KnowledgeConnect, the only knowledge-management system designed from the ground up for accounting professionals. In addition, CCH’s next generation of ProSystem fx® Document, which is available in a Software as a Service (SaaS) environment, received an honorable mention in the annual competition. This is the seventh time CCH solutions have been honored in the seven years since the competition was launched.

The CCH solutions that were recognized in 2010 support the way professionals need to work today – advancing their mobility and enabling them to work with each other, and their clients, anytime, anywhere.

“In a fast-changing world, both KnowledgeConnect and ProSystem fx Document delivered via SaaS are key technologies available from CCH right now that support the new ways in which professionals need to work, providing easy access to information, insights and work processes,” said CCH President Mike Sabbatis. “We’re excited about being a leader in meeting the needs of today’s professionals, and we’re truly honored that CCH’s commitment to innovation has again been recognized by The CPA Technology Advisor.”

The Innovation Awards are sponsored by The CPA Technology Advisor to recognize innovative developments in technologies that benefit the tax and accounting profession, as well as significant advancements in existing technologies. The awards were announced by M. Darren Root, CPA, CITP, Executive Editor of The CPA Technology Advisor, at the 2010 California Accounting & Business Show.

“Innovation is no longer an option, but a critical factor to the success of the modern accounting and tax practice,” said Root. “This applies to a firm's workflow processes as well as their technology. KnowledgeConnect is a great example of this as it enables firms to aggregate their collective expertise and make it readily available to all staff, further empowering the practice.”

About CCH KnowledgeConnect

“With KnowledgeConnect, professionals are sharing and leveraging knowledge, brainstorming and collaborating within their organizations to produce knowledge bases for operational excellence and increased value to their clients,” Sabbatis said.

KnowledgeConnect captures the internal knowledge of an organization’s leaders and subject-matter experts through a structured question-and-answer approach. Powerful search capabilities easily connect firm employees with the knowledge they need to make faster and more informed business decisions, avoid work redundancies and reduce project cycle times. In addition to integrating with other CCH solutions, KnowledgeConnect integrates seamlessly with Microsoft® Outlook, keeping users in the software they use every day, making the creation of new content, asking and answering questions even easier.

KnowledgeConnect can create interactive communities for easy collaboration across the organization, even if the firm does business in multiple locations or has remote employees. In addition, sharing access to a single knowledge base helps knowledge leaders avoid repeated interruptions for the same questions. KnowledgeConnect also empowers firms with Web 2.0 technologies to arrange knowledge logically and encourage interactive knowledge sharing among team members through blogs, wikis, best practices and FAQs.

About the Next Generation of ProSystem fx Document

With the next generation of ProSystem fx Document, a new era of document management has arrived as a SaaS solution. It gives users the tools they need to quickly and instantly store, search and retrieve documents and e-mails for maximum efficiency. Available either stand-alone or coupled with the feature-rich ProSystem fx Suite, the SaaS version of Document delivers robust functionality via a dynamic, centralized, hosted platform. Running on smart client software, Document is quickly deployed and automatically updated, instantly saving firms valuable installation time.

ProSystem fx Document SaaS is part of the next generation of the ProSystem fx Suite, which was launched by CCH in October 2009 and introduced a fundamentally new way of working – connecting clients, staff and information on a dynamic, centralized and integrated platform.

The new Suite delivers new accessibility and productivity advantages that professionals have never seen before, and won’t find anywhere else. The foundational innovations the Suite delivers are:

• Common client database,
• Administration manager,
• Individualized dashboards,
• Improved user interface, and
• Accessibility and collaboration.

The first solutions offered as part of the next generation ProSystem fx Suite are new versions of CCH’s award-winning ProSystem fx Tax, Document and Practice, as well as two new applications, ProSystem fx Workstream and ProSystem fx Portal.

“We see many advantages to the SaaS model and we are pleased to be the first to deliver these benefits to our customers,” Sabbatis said. “It opens a whole new world of productivity and accessibility – now you can work anytime, anywhere.”

For More Information

For more information on CCH KnowledgeConnect, call 888-224-7377 or visit CCHgroup.com/KnowledgeConnect. For more information on the SaaS version of ProSystem fx Document, call 800-739-9998 or visit CCHGroup.com/document/document-next-generation.

CCH winners of the Innovation Award in previous years include CCH IntelliConnect, CCH ProSystem fx Document with E-mail Management, CCH ProSystem fx Scan, ProSystem fx Engagement and CCH@Hand. For more information on the award-winning ProSystem fx Document, ProSystem fx Scan and ProSystem fx Engagement, please call 1 800-739-9998 or visit CCHGroup.com. For more information on the award-winning CCH IntelliConnect and CCH@Hand, please call a CCH sales representative at 1-888-CCH-REPS (1-888-224-7377) or visit CCHGroup.com/IntelliConnect or CCHGroup.com/AtHand.

About CCH, a Wolters Kluwer business

CCH, a Wolters Kluwer business (CCHGroup.com) is a leading provider of tax, accounting and audit information, software and services. It has served tax, accounting and business professionals since 1913. Among its market-leading products are The ProSystem fx® Suite, CorpSystem®, CCH® IntelliConnect™, Accounting Research Manager® and the U.S. Master Tax Guide®. CCH is based in Riverwoods, Ill. Wolters Kluwer (www.wolterskluwer.com) is a leading global information services and publishing company.

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