ONLINE STORE 
 
    Welcome Guest     SIGN IN |REGISTER
Australia    
     Search options
 
CCH Media Releases :
sqr 2014
sqr 2013
sqr 2012
sqr 2011
sqr 2010
sqr 2009
sqr 2008
sqr 2007
sqr 2006
sqr 2005
sqr 2004
sqr 2003
sqr 2002
sqr 2001
top
Quick Links
 
CCH Automates Taxation Compliance for Multinational Pharmaceutical Company based in Australia
 
CCH Tax Integrator enhances the efficiency, integrity and quality of company's tax obligations

Sydney, 28 August 2013 - CCH, a Wolters Kluwer business and global leader in tax, accounting and audit information, software and services for professionals has improved the efficiency and reporting cycle times for taxation compliance for a multinational pharmaceutical company based in Australia. By exchanging static spreadsheets with the web-based secure CCH Tax Integrator corporate tax compliance software, the tax compliance process from internal input to review by corporate tax agents and submission has become more efficient, with greatly improved reporting times.

CCH Tax Integrator – proven and trusted by industry leaders across Australia and New Zealand – assists corporations in gathering, analysing and interpreting tax-sensitive data. Unlike other solutions in the market, CCH’s automated corporate tax compliance software is extremely easy to use, highly flexible and integrated across other in-house finance systems. It helps businesses in Australia and New Zealand successfully manage their corporate reporting function by focusing on reducing effort, reducing risk and increasing integrity – which means more time for strategic tax planning and confidence in the numbers produced.

According to Managing Director of CCH Corporate Reporting Solutions Peter Boyle: “One of the core benefits of using CCH Tax Integrator with existing financial systems is removing the need to duplicate data. This allows small tax teams to focus on providing quality data rather than the time consuming manual process of preparing returns that may inadvertently lead to errors that are difficult to find.

“With the use of CCH Tax Integrator, advanced and automated technology provides much deeper insight into tax data and provides a more efficient and accurate compliance process.”

The two-person tax team was previously meeting its corporate tax obligations via the sole use of manual spreadsheets and found that this was time consuming, daunting and dangerous because of the level of input needed, potential error rate in calculations and understanding of corporate tax legislation and practice for compliance.

With the implementation of CCH Tax Integrator a clear questionnaire and checklist methodology was introduced to now ensure that all relevant data is captured and reported.
For the company’s Finance Manager the ease of use with the new solutions the automation of processes and calculations has been of particular benefit, while the regular legislative updates to the web-based software interpret changes in processing needs, saving considerable time in recalculating assessments.

/Ends

For more information, please contact:

 
Greg Conway
Senior Communications Coordinator, Wolters Kluwer Asia Pacific
T: +61 2 9857 1886 | Mb. +61 (0)408 290 412 | greg.conway@cch.com.au
 
Cathryn van der Walt
12 Worlds on behalf of CCH
T: +61 (0) 402 327 633 | cathryn@12worlds.com
 
About CCH, a Wolters Kluwer business
CCH (www.cch.com.au) is part of Wolters Kluwer, a market-leading global information services company focused on professionals with annual revenues of (2012) €3.6 billion ($4.7 billion) and approximately 19,000 employees worldwide. Please visit our website or follow us on Twitter, LinkedIn or Facebook for more information.
 
Forward-looking Statements
This press release contains forward-looking statements. These statements may be identified by words such as “expect,” “should,” “could,” “shall,” and similar expressions. Wolters Kluwer cautions that such forward-looking statements are qualified by certain risks and uncertainties that could cause actual results and events to differ materially from what is contemplated by the forward-looking statements. Factors which could cause actual results to differ from these forward-looking statements may include, without limitation, general economic conditions; conditions in the markets in which Wolters Kluwer is engaged; behaviour of customers, suppliers, and competitors; technological developments; the implementation and execution of new ICT systems or outsourcing; and legal, tax, and regulatory rules affecting Wolters Kluwer’s businesses, as well as risks related to mergers, acquisitions, and divestments. In addition, financial risks such as currency movements, interest rate fluctuations, liquidity, and credit risks could influence future results. The foregoing list of factors should not be construed as exhaustive. Wolters Kluwer disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
 
 
Print     Email     Feedback
   
box