Wolters Kluwer Tax and Accounting Wins Innovation Plaudits for Integrated CCH Axcess Engagement Suite

Wolters Kluwer Tax & Accounting (TAA), the professional information and software solutions provider for  tax, accounting and audit professionals, has been recognized with a number of  major industry awards.

The accolades include a Bronze Stevie® in the Compliance Solution category in The 21st Annual American Business Awards®, a 2023 Artificial Intelligence (AI) Excellence Award winner by The Business Intelligence Group, and as a 2023 SIIA CODiE Award Finalist in the Best Compliance Solution category. Notably, all awards recognize the integration of CCH Axcess™ Engagement Pro with CCH Axcess™ Knowledge Coach as an innovative solution that helps firms ensure governance, risk mitigation and compliance with AICPA audit standards, while also keeping the focus on auditor judgement.

The CCH Axcess Engagement suite is the latest enhancement to Wolters Kluwer’s award-winning, cloud-based CCH Axcess platform. Celebrating 10 years of industry leading innovations, Wolters Kluwer says “CCH Axcess is the only fully-cloud based solution for tax, firm management, accounting, audit, and advisory services.” Trusted by 94 of Accounting Today’s Top 100 Firms, CCH Axcess “continues to drive industry transformation by focusing on the future of leading-edge technologies like AI, machine learning, and blockchain to ensure firms stay as productive and profitable as possible,” the company adds.

The integration of audit methodology into the engagement workflow serves as the cornerstone of the much-anticipated CCH Axcess™ Engagement suite, which is now available for small firms and will be available for larger firms in August 2023. The integrated, cloud-based CCH Axcess Engagement suite seamlessly brings together Wolters Kluwer audit solutions and methodology into a single application, creating flexibility to tailor each audit to the client’s unique circumstances.  As part of the CCH Axcess platform, the Engagement suite integrates with all CCH Axcess products, including tax and firm management solutions, increasing collaboration and efficiency across the entire firm.

“We are dedicated to designing products that ensure our clients are working at the top of their capabilities,” said Colleen Knuff, Vice President of Audit Product Management at Wolters Kluwer Tax & Accounting North America. “These awards are proof of our unwavering commitment to deliver innovative solutions that support our customers and their growth.”

In February the company reported annual revenues of almost €5.5 billion for 2022, also announcing that it had created a new division, known as Corporate Performance & ESG (CP & ESG), the fifth division for the Dutch technology firm. According to a London-based spokesman “the new division aims to meet the growing demand from corporations and banks for integrated financial, operational, and ESG performance management and reporting solutions.”

As part of that announcement the company named Jason Marx as its new CEO of the TAA division. Previously, Marx served as President & Chief Executive Officer of Wolters Kluwer TAA, North America where he led the development and delivery of customer-focused software, solutions and information services for tax and accounting professionals throughout the United States and Canada. Prior to this, Marx served as President of CCH Small Firm Services and group Executive for Wolters Kluwer Tax & Accounting Brazil.

Marx has more than 30 years of experience in the tax and accounting, financial services and information technology industries. Before joining Wolters Kluwer TAA, Marx was Vice President & General Manager, Residential & Indirect Lending of Wolters Kluwer Financial Services. There he led the development of award-winning software solutions that improved lending profitability and productivity and delivered significant business growth.

Before joining Wolters Kluwer in 2007, Marx held executive leadership positions within the banking and financial services industry, including FMF Capital, CitiMortgage, Household Financial Services, and as a co-founder of AMRESCO Residential Credit Corp. Marx has been named by Accounting Today as one of the Top 100 Most Influential People for 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021 and 2022. He holds a Bachelor’s degree in Economics from the University of Michigan and an MBA, Finance from DePaul University.