KENNESAW, Ga.--(BUSINESS WIRE)--Small to mid-sized accounting and bookkeeping firms that are knee deep in preparing taxes and bookkeeping reports, managing deadlines and invoicing clients now have access to CCH iFirm, a new cloud-based solution offered by Wolters Kluwer Tax & Accounting’s CCH Small Firm Services that centralizes work flow, time entry, billing and other practice-management and trial balance functions on one trusted platform.
The solution is already attracting industry attention for its laser focus on bringing new levels of sophistication and efficiency to small and mid-sized firms. Accounting Today awarded CCH iFirm a ‘2015 Top New Product’ in the Practice Management category, saying, “small firms … need precisely the kind of work flow, scheduling and other tools that (CCH iFirm) includes just as much as their larger brethren, if not more so. That it leverages the cloud to give them accessibility and greater efficiency is a major plus, too, and it all adds up to a solution that will let smaller firms punch above their weight.”
CCH iFirm provides a complete view of each customer, thanks to the common contact management database. The platform allows the setup of multiple entities and performs as a single integrated system for invoicing and receivables. The interconnected modules — Practice Manager and Trial Balance — consolidate job tracking and management, time-entry, billing, client ledgers and record-keeping tools. CCH iFirm’s unified functions fulfill an automated project management role and increase firm efficiency by providing valuable insight into client activity.
“CCH iFirm is designed to enhance a firm’s workflow and deliver superior levels of year-round productivity and efficiency,” says Jairam Padmanabhan, Vice President and General Manager of Firm Management for Wolters Kluwer Tax & Accounting’s CCH Small Firm Services. “This ability is crucial for firms that need to focus their time and energy on servicing clients — not on operational hassles and a cumbersome patchwork of systems that aren’t designed to share information, automate workflow or improve project delivery.”
CCH iFirm’s powerful Practice Manager module unifies various operational, billing and project management functions into one secure system. Its features include:
- Deadline-setting to ensure important filing dates are never missed;
- A complete database for quick access to consolidated client information;
- Straightforward workflow that projects upcoming tasks and urgency;
- Customizable checklists;
- Flexible time-budget and dollar-budget management; and
- Multiple entity set-up for invoicing and receivables.
And whether it’s to generate professional financial statements or accurately manage ledgers, the user-friendly Trial Balance module makes it easy to import or input data; make corrections and adjustments; and quickly produce desired results. Key features include:
- Intuitive working trial balance interface;
- Easy data sorting, filtering, and drill-down;
- Simplified data input through a variety of import mechanisms and intuitive grids; and
- One-click financial statements.
To learn more, visit www.cchsfs.com or call 1-800-375-9542 to speak with a solutions consultant.
About CCH Small Firm Services
CCH Small Firm Services (www.cchsfs.com) is part of Wolters Kluwer Tax & Accounting. It is a leading national provider of tax, accounting and trust tax solutions. Today, small professional tax and accounting firms, bank trust departments, commercial tax preparers, law firms, wealth management organizations and national tax chains rely on our tax and accounting solutions to accomplish work flow efficiency and tax compliance. Among its market-leading solutions are the ATX™ and TaxWise® tax preparation software, CCH iFirm, Client Accounting Suite and Trust US™. CCH Small Firm Services is based in Kennesaw, Ga.
Wolters Kluwer (www.wolterskluwer.com) is a market-leading global information services company. Wolters Kluwer had 2013 annual revenues of €3.6 billion ($4.7 billion), employs approximately 19,000 people worldwide, and maintains operations in over 40 countries across Europe, North America, Asia Pacific, and Latin America. Wolters Kluwer is headquartered in Alphen aan den Rijn, the Netherlands. Its shares are quoted on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1 American Depositary Receipt program. The ADRs are traded on the over-the-counter market in the U.S. (WTKWY).