Intacct Web-Based Accounting Service to Offer Automated, Customized Link To CCH Tax Preparation Software
Leading Provider of Online Accounting Service to Cut CPA Workloads With
Customized Link to Profession's Most Popular Tax Preparation Software
LOS GATOS, Calif., June 6 /PRNewswire/ -- Intacct Corporation, the leading provider of professional-strength, web-based accounting and related online business services, today announced a service that will cut CPA workloads by automatically transferring customized tax-related information from Intacct to CCH ProSystem fx Tax, the market's leading tax preparation software. Through an alliance with CCH, the new Intacct service will enable CPAs to save hundreds of hours during the hectic tax preparation season -- and thereby reduce client fees -- by electronically transferring their clients' revenue, expense, and other tax information to Cache's ProSystem fx Tax software. By selecting a tax preparation tab from within the Intacct accounting solution, clients' tax information is automatically customized and downloaded to meet the specific requirements of CCH ProSystem fx. With this automated feature, CPAs can reduce hours-per-client spent entering tax-related accounting data into ProSystem fx Tax. CCH ProSystem fx Tax is the leading tax preparation software among the nation's 40,000 CPA firms. The new Intacct/CCH service, a part of Intacct's E-Practice offering, will be available as a free upgrade to Intacct users prior to the year-end tax rush. "To meet the needs of CPAs, web-based services must be able to reduce their workload during tax season, when the resources of every CPA firm are especially put to the test," said David Thomas, CEO of Intacct. "Intacct's alliance with CCH effectively eliminates one of tax time's most unproductive and labor-intensive chores." "Accuracy and efficiency are two important cornerstones of ProSystem fx Tax," said Arthur Ruzzano, vice president of sales and marketing, CCH Tax Compliance. "Partnering with complimentary industry vendors such as Intacct provides our customers with new alternatives to work more productively to the benefit of their clients." Intacct's alliance strategy The Intacct/CCH alliance is the latest of several strategic alliances that integrate key services into Intacct's core accounting offering. The alliances enable Intacct subscribers to take advantage of the benefits of the web for such tasks as: online auditing, professional billing, expense reporting, payroll, and human resource services. Because Intacct is entirely web-based, integration with other web-based services is facilitated through the eXtensible Markup Language (XML). Deeper levels of integration are possible through co-development ventures, such as Intacct's joint development agreement with Deloitte & Touche, to offer the industry's first web-based auditing tool (See separate release, Intacct Taps Deloitte & Touche in Offering CPAs The First Web-Based Auditing Tool, December 19, 2000). About CCH Incorporated www.cch.com CCH Incorporated is a leading provider of tax and business law information, software and services. The company tracks, reports, explains and analyzes tax and related law, producing approximately 700 publications in print and electronic form for accounting, legal, human resources, banking, securities, insurance, government, and health care professionals. In addition, CCH Tax Compliance produces a comprehensive suite of tax, audit, fixed asset, practice and productivity software for accounting professionals. CCH is a wholly owned subsidiary of Wolters Kluwer North America. About Intacct Corporation www.intacct.com Intacct Corporation is the leading provider of professional-strength web-based accounting and related online business services. The Intacct service is designed for companies that need more than an entry-level PC-based accounting package but want an alternative to complex, IT-intensive client/server solutions. Offered on a monthly subscription basis, the Intacct service can be accessed via any current web browser. Intacct is headed by accounting software pioneer David C. Thomas, developer of one of the first PC-based accounting systems. The company is funded by Hummer Winblad Venture Partners, JK&B Capital, Goldman Sachs & Co., Deloitte & Touche LLP, Matsushita Electric Industrial Co. Ltd., and Caltos Capital LLC. MAKE YOUR OPINION COUNT - Click Here http://tbutton.prnewswire.com/prn/11690X31261055
SOURCE Intacct Corporation
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