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Leslie Bonacum
847-267-7153
mediahelp@cch.com
Neil Allen
847-267-2179
neil.allen@wolterskluwer.com

ePaceENGAGEMENT™ Now ProSystem fx Engagement™ Integrates With CCH’s ProSystem fx Office; For Comprehensive, Paperless Audit & Trial Balance Solution

(TORRANCE, CA., April 18, 2002) – CCH Tax Compliance, furthering its commitment to provide professionals with a fully integrated, paperless accounting solution, today announced that ePaceENGAGEMENT has been rebranded ProSystem fx Engagement.

ProSystem fx Engagement streamlines tax and trial balance engagements and enables firms to increase efficiency by automating workpaper preparation, management and workflow within a state-of-the-art paperless engagement system. The name change better identifies the product as a member of The ProSystem fx Office, the industry-leading suite of tax and accounting products from CCH Tax Compliance (www.prosystemfx.com).

“Since the acquisition of ePace! Software last year, CCH has focused extensive resources on fine-tuning the ePaceENGAGEMENT application and fully leveraging the benefits of paperless technology,” said Kevin Robert, president and CEO of CCH Tax Compliance.

“We are rebranding Engagement now because it delivers ProSystem fx quality and is perfectly positioned to tightly integrate with other ProSystem fx Office modules,” Robert added.

Integrated with The ProSystem fx Office

ProSystem fx Engagement currently integrates with ProSystem fx Tax, the industry’s premier tax compliance system. ProSystem fx Engagement stores audit and tax engagement binders in a Windows Explorer-style file room, allowing users immediate access to electronic engagement binders whether working standalone, peer-to-peer or connected to the firm’s network.

Firms can import balances from ProSystem fx Engagement into ProSystem fx Tax and also export Adobe PDF files of completed returns from ProSystem fx Tax to clients’ engagement binders via an easy-to-use Wizard. Existing Microsoft Word and Excel workpapers and financial statements also can be incorporated into ProSystem fx Engagement binders with links to client, engagement and trial balance data.

Through this type of integration and seamless transfer of information, ProSystem fx Office users are able to streamline workflow and achieve a higher level of efficiency and profitability.

“ProSystem fx Engagement is an important offering because firms using the product are adopting new workflows and reporting tremendous productivity gains,” said Robert.

“By leveraging the latest workflow collaboration technology, ProSystem fx Engagement presents the tools and processes required to take the leap toward paperless engagements,” Robert stated. “The efforts we’re taking to fully integrate our products lay the foundation for extending paperless functionality to the entire ProSystem fx Office, furthering our goal of making our customers as efficient and productive as possible.”

Towards this fully integrated solution, plans also are under way to integrate ProSystem fx Engagement with other ProSystem fx Office modules such as ProSystem fx Practice, the suite’s practice management system, and ProSystem fx Fixed Assets, the suite’s asset management and reporting solution.

Backed by ProSystem fx Quality and Support

During the past year, ProSystem fx Engagement has been put through rigorous testing to ensure it meets the quality standards expected of all ProSystem fx Office modules. In addition to increased product development and quality assurance resources, CCH has added dedicated support personnel to ensure the highest level of service and support is available to customers.

Providing a Choice of Trial Balance Solutions

In addition to the newly named and enhanced ProSystem fx Engagement program, the company announced that ProSystem fx Audit will become ProSystem fx Trial Balance to better identify the role each product services within The ProSystem fx Office.

ProSystem fx Engagement is ideal for those firms interested in taking advantage of the latest collaborative technology to move towards a paperless engagement, while ProSystem fx Trial Balance will remain the trusted solution for those professionals interested in a more traditional trial balance package.

For More Information

For more information on ProSystem fx Engagement, visit www.prosystemfx.com or call 1-800-PFX-9998.

About CCH INCORPORATED

CCH INCORPORATED, headquartered in Riverwoods, Ill., was founded in 1913 and has served four generations of business professionals and their clients. The company produces more than 700 electronic and print products for the tax, legal, securities, insurance, human resources, health care and small business markets. CCH is a wholly owned subsidiary of Wolters Kluwer North America. The CCH web site can be accessed at cch.com. The CCH tax and accounting web site can be accessed at tax.cchgroup.com. -- ### --

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