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New CCH ProSystem fx Client Intelligence Solution: Advanced Analytics Helping Firms Better Advise Business Clients

SAN DIEGO, Nov. 6, 2012 /PRNewswire/ -- CCH today announced it is launching a new ProSystem fx® Client Intelligence solution for automating the continual analysis of clients' business performance. Now, professionals will have the ability to create a firm-wide business intelligence system focused on client results that will also seamlessly integrate with ProSystem fx® Engagement. CCH, a Wolters Kluwer business is a leading global provider of tax, accounting and audit information, software and services (CCHGroup.com).

Through an expanded partnership with financial and business software provider iLumen, ProSystem fx Client Intelligence identifies hidden opportunities for business clients by generating real-time, value-added analysis. Clear, detailed solution reports strengthen communications between firms and clients as well as promote greater collaboration on a wider variety of analytics – boosting retention and solidifying CPAs as trusted advisors.

"ProSystem fx Client Intelligence allows professionals to perform extensive analysis of their client's financial data in a way they've never been able to before, providing a competitive edge for firms to capture, retain and advance business," said Mike Ritchie, CCH Director of Product Management, Accounting, Audit & Workflow Solutions. "With growing industry trends for specialized client analysis, incorporating iLumen's financial analytics and business intelligence tools will allow users to gain deeper insight into their client's business performance – increasing the value of what firms can offer their clients."

Business Intelligence Advantage for Firms

With ProSystem fx Client Intelligence, a client's financial data is extracted from ProSystem fx Engagement into a web-based analytics platform that enables deeper analysis of financial conditions; trend assessments; benchmarks against industries and other firms; and presents results in organized graphic dashboards. Special solution features helping firms to differentiate themselves from competitors include:

  • Automatically generates analytical and graphical presentations to share with clients and prospects;
  • Prepares client dashboards for monitoring key performance trends and a client's overall business health;
  • Automatically syncs client data from ProSystem fx Engagement in a few simple steps;
  • Leverages existing ProSystem fx Engagement groupings to map client data into industry standard templates;
  • Prepares customized industry analysis and comparative benchmark reports for determining how clients stack-up to peers or other clients of the firm;
  • Provides value-added deliverables to differentiate audit and advisory presentations; and
  • Enables the ability to easily enter key metric and non-financial data when needed as well as allowing imports from other accounting systems.

Seamless Integration with ProSystem fx Engagement

ProSystem fx Client Intelligence is incorporated into the File Room window of ProSystem fx Engagement – conveniently located on the Tools tab. It's also featured on the Tools tab of Engagement's Binder Windows. Users can easily send data from their Engagement binders into Client Intelligence.

For More Information

To learn more about how ProSystem fx Client Intelligence can help professionals better support clients, win over new ones and how it integrates with ProSystem fx Engagement, please call a CCH Sales representative at 1-800-PFX-9998 (1-800-739-9998).

Follow the 2012 CCH User Conference

Follow what's happening this week at the 2012 CCH User Conference in San Diego on Twitter: @CCH_User_Conf and on Facebook.

About iLumen

iLumen is a leading innovator of decision analytics and business intelligence software solutions, addressing the needs of financial institutions, accounting firms, and those that advise and serve businesses and corporations. As part of its value proposition, iLumen's Software as a Service (SaaS) technology securely and seamlessly automates the collection, standardization, and analysis of financial information from various sources and delivers it to the desktop through its proprietary decision analytics platform and customer intelligence applications.

About CCH, a Wolters Kluwer business

CCH, a Wolters Kluwer business (CCHGroup.com) is a leading global provider of tax, accounting and audit information, software and services. It has served tax, accounting and business professionals since 1913. Among its market-leading solutions are The ProSystem fx® Suite, CorpSystem®, CCH® IntelliConnect®, Accounting Research Manager® and the U.S. Master Tax Guide®. CCH is based in Riverwoods, Ill. Follow us now on Twitter @CCHMediaHelp. Wolters Kluwer (www.wolterskluwer.com) is a market-leading global information services company. 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.

SOURCE CCH, a Wolters Kluwer business

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