Wolters Kluwer Tax & Accounting (TAA) has launched CCH iFirm, in the U.K. The integrated and scalable platform is designed to help make tax and accountancy practices more efficient and productive. The new platform offers efficient and automated workflows and full integration and visibility across a range of accounting tools. It enables access to real-time data, while adhering to the top industry security standards.

CCH iFirm thereby allows users to access new opportunities driven by data analysis, visualization, and reporting. A leading cloud platform in the North America and Asia Pacific markets, the U.K. launch of CCH iFirm is the first in Europe. Existing users of Wolters Kluwer CCH Central, the on-premise accounting system in the U.K., can choose to make a one-off switch or a phased transition to the new platform.

Cloud brings new benefits. CCH iFirm integrates seamlessly into workflows, including with CCH Central. The new platform also syncs with popular accounting and productivity tools, creating a unified ecosystem designed to boost efficiency and productivity.

Adding functionality: The functionality of the CCH iFirm platform will expand in stages in the U.K. market, with several modules in the pipeline for rollout in the months ahead, including: CCH iFirm AML (Anti-Money Laundering) ? facilitating AML checks on individuals direct from CCH Central, as a key part of the client-onboarding process. CCH iFirm Accounts Production ?

streamlining the accounts process, from data entry to online filing, enhancing compliance efficiency and profitability. CCH iFirm Personal Tax ? helping accountants to prepare and submit personal tax returns for individual clients.

CCH iFirm Validate ? accelerating bank confirmations with cloud-based audit software, using blockchain technology. CCH iFirm has been independently recognized for its innovations.

Last year, for example, Wolters Kluwer TAA Asia Pacific won a Grand Globee at the 15th Annual 2023 Golden Bridge Innovation Awards in the Product Development Initiative of the Year category.