Wolters Kluwer Tax & Accounting, a provider of expert solutions that combine deep domain knowledge and local expertise with advanced technology and services to help tax, accounting, audit, and finance professionals make critical decisions every day, was recognized with two Stevie Awards in the 19th Annual American Business Awards for its CCH Axcess Knowledge Coach and CCH Axcess Financial Prep cloud-based expert solutions. This latest recognition adds to a long string of CCH Axcess awards and accolades for driving innovation that helps tax & accounting professionals modernize their practices to reach their desired outcome.
“We are honored that two of our CCH Axcess cloud-based expert solutions were recognized this year by the American Business Awards,” said Colleen Knuff, Vice President of Audit Product Management at Wolters Kluwer Tax & Accounting North America. “As tax and accounting firms continue their digital transformation journey, they seek to take advantage of new audit capabilities and end-to-end trial balance solutions that enable them to be more accurate, efficient, and productive so they can better serve the evolving needs of their business clients.”
CCH Axcess Knowledge Coach was awarded a Bronze Stevie Award in the Governance, Risk & Compliance Solution category. This innovative cloud-based expert solution gives auditors the flexibility of anywhere, anytime access, facilitates collaboration across audit engagements, and improves overall audit quality. It tailors the audit based on the characteristics of the firm and the engagement, directly links identified risks with audit steps, flows information throughout the workpapers where needed, and monitors the engagement for completeness and compliance —all while allowing the auditor to exercise professional judgment.
CCH Axcess Financial Prep received the Bronze Stevie Award in the Artificial Intelligence/Machine Learning Solution category. Using artificial intelligence and machine learning technology to eliminate the manual process of grouping accounts when creating tax reports, CCH Axcess Financial Prep is a dynamic, end-to-end trial balance solution. Data resides in a common cloud database, allowing multiple staff to work simultaneously within the same engagement. Once users upload client trial balance data into CCH Axcess Financial Prep, the accounts are intelligently grouped, and the solution assigns the tax codes respectively. Users can make necessary adjustments based on their professional judgment before sending balances to the business tax return in CCH Axcess Tax.
The American Business Awards are the U.S.A.’s premier business awards program. All organizations operating in the U.S.A. are eligible to submit nominations – public and private, for-profit and non-profit, large and small. More than 3,800 nominations – a record number – from organizations of all sizes and in virtually every industry were submitted this year for consideration in a wide range of categories.
“The American economy continues to show its resilience, and as we’re poised on the beginning of what should be a phenomenal period of growth, we celebrate the remarkable achievements of a wide range of organizations and people over the past 18 months,” said Stevie Awards president Maggie Gallagher. “This year’s Stevie-winning nominations in The American Business Awards are testament to the ingenuity, the commitment, the passion, the adaptability, and the creativity of the American people. We look forward to celebrating this year’s winners during our virtual ceremony on June 30.” More than 250 professionals worldwide participated in the judging process to select this year’s Stevie Award winners.