Wolters Kluwer Tax and Accounting (TAA) Asia Pacific (APAC) has announced the launch of CCH iFirm Analytics, a groundbreaking addition to its CCH iFirm suite designed to optimize operational efficiencies for accounting firms in Australia and New Zealand. This new module enhances the reporting capabilities within CCH iFirm Practice Manager, offering real-time insights through dynamic dashboards. These insights help firm owners make informed, data-driven decisions, driving greater efficiency and profitability.
The introduction of CCH iFirm Analytics follows the earlier successful release of CCH iFirm Workpapers, marking the second significant product launch on the CCH iFirm platform this year.
Megan Mulia, Managing Director of TAA APAC, shared, “CCH iFirm Analytics represents a major leap forward in the CCH iFirm product suite, enabling accounting firms to leverage data with greater precision and efficiency. In today’s fast-paced business world, immediate access to actionable insights is essential. This integrated solution will empower firms to proactively address market challenges and streamline strategies for business growth.”
By utilizing CCH iFirm Analytics, accounting firms gain the ability to monitor critical firm metrics daily, eliminating the need for time-consuming data manipulation. Designed with feedback from CCH iFirm customers, this tool transforms traditional weekly or monthly reporting into an effortless, real-time experience. The easy-to-interpret graphs, charts, and tables allow firm leaders to quickly act on insights, improving business outcomes.
Key Features of CCH iFirm Analytics:
- Streamlined Reporting: Provides real-time insights on debtors, work-in-progress (WIP), profitability, productivity, revenue, and overall firm performance.
- Integrated Solution: Works seamlessly with CCH iFirm Practice Manager, removing the complexity of managing multiple applications.
- Enhanced Decision-Making: Offers daily business insights, empowering firms to address potential issues proactively and maintain optimal performance.
About CCH iFirm
CCH iFirm is a leading cloud-based software suite offering a range of integrated tools for accounting practice management, compliance, and client engagement. Supported by Wolters Kluwer’s extensive tax and accounting expertise, CCH iFirm delivers seamless workflows and peace of mind with dedicated onboarding and ongoing support services.
About Wolters Kluwer
Wolters Kluwer (EURONEXT: WKL) is a global leader in information, software solutions and services for professionals in healthcare; tax and accounting; financial and corporate compliance; legal and regulatory; corporate performance and ESG. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with technology and services.
Wolters Kluwer reported 2023 annual revenues of €5.6 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 21,400 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands.
