Wolters Kluwer Tax and Accounting announced the integration of CCH AnswerConnect within CCH iFirm in Canada. This enhancement delivers powerful, AI-enhanced tax research capabilities directly within the CCH iFirm platform, creating a faster, more efficient workflow for accounting and tax professionals, just in time for their busiest season, tax season. This integration is the first of its kind, integrating a research solution into practice management software for accountants.
This cutting-edge integration allows CCH iFirm users to effortlessly access the robust features of CCH AnswerConnect—including AI-powered search and editorially curated answers—without leaving the application. Designed to minimize reliance on multiple tools and general web searches, this innovation streamlines tax research while significantly reducing the risk of misinformation. Available in both English and French, this combination is the first of its kind in Canada, demonstrating Wolters Kluwer’s commitment to continuous innovation and workplace transformation.
“Wolters Kluwer is proud to lead the industry in pioneering integrated solutions that help increase efficiency and accuracy for tax and accounting professionals,” said Dean Sonderegger, Senior Vice President and General Manager, TAA North America. “The integration of CCH AnswerConnect within CCH iFirm represents our firm commitment to leveraging advanced technologies, like generative AI, to transform professional workflows across the tax and accounting landscape.”
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Key Features and Benefits
With this integration, the combined power of CCH AnswerConnect and CCH iFirm offers distinct advantages for Canadian tax and accounting professionals, such as:
- AI-Driven Efficiency: Access to generative AI responses and extensive research, eliminating the need for multiple applications and unvetted web searches.
- Trusted Expertise: Gain reliable answers from Wolters Kluwer’s trusted editorial team.
- Streamlined Workflows: Conduct tax research directly within the CCH iFirm platform, saving valuable time during the busiest seasons.
- Enhanced Collaboration: Optimize practice management with CCH iFirm’s ability to streamline processes like invoicing, capacity planning, and compliance.
Why Integration Matters
Recent findings from the Wolters Kluwer Future-Ready Accountant Report emphasize the critical role of technology in driving business success. The report shows that high-growth firms overwhelmingly favor cloud-based solutions, reporting profitability growth 74% of the time compared to 65% in traditional firms. Additionally, firms with fully integrated solutions are significantly more likely to see 10% or more revenue growth, with 78% experiencing growth compared to just 46% of firms with no integration.
“Strategic technology integration is no longer a luxury—it’s a necessity,” said Sonderegger. “Our integrated solutions lead the way in ensuring firms not only meet but exceed client expectations while improving profitability and operational efficiency.”
SOURCE: BusinessWire