Wolters Kluwer Tax and Accounting Asia Pacific has launched CCH iFirm Analytics aimed at improving operational efficiency for accounting firms in Australia and New Zealand.
CCH iFirm Analytics, which is an addition to the CCH iFirm suite, integrates with the existing CCH iFirm Practice Manager to provide up-to-date insights and data-driven decision-making capabilities.
The latest innovation is a response to customer feedback and is tailored to meet the specific needs of accounting firms in the region.
CCH iFirm Analytics offers a suite of dashboards that deliver real-time insights into key metrics, allowing firm owners to monitor their business performance daily.
The tool’s visual graphs, charts, and tables, helps firms in taking rapid action to maintain and improve business performance.
CCH iFirm Analytics’ features include streamlined reporting for real-time insights into various aspects of firms’ performance, such as debtors, work-in-progress, profitability, and productivity.
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By GlobalDataIn addition, the tool enables proactive management and the ability to address potential issues promptly.
Wolters Kluwer Tax & Accounting Asia Pacific managing director Megan Mulia said: “The launch of CCH iFirm Analytics signifies the next major advancement in the CCH iFirm product suite, empowering accounting organizations to harness the power of data with precision and efficiency.
“In today’s dynamic business landscape, having instant access to actionable insights is not just advantageous but essential. We are excited to pioneer an integrated practice management and cloud analytics solution, which allows firms to proactively navigate market challenges and optimize their strategies to help their businesses grow.”
CCH iFirm is a cloud-based software suite that offer integrated tools for accounting practice management, compliance, and client engagement.
Supported by Wolters Kluwer’s tax and accounting expertise, CCH iFirm delivers seamless workflows and peace of mind with dedicated onboarding and ongoing support services.
In October 2024, Wolters Kluwer Tax and Accounting introduced enhancements to its CCH Axcess cloud solution to streamline workflows and integrating AI technology.
