Grant Thornton LLP Becomes Preferred Solution Implementer of CCH's Global Integrator

RIVERWOODS, Ill., July 14, 2011 /PRNewswire/ -- CCH today announced that Grant Thornton LLP, the U.S. member firm of Grant Thornton International Ltd, one of the six global audit, tax and advisory organizations, has been named a Preferred Implementer of CCH Global Integrator – a web-based solution providing global data collection and consolidation, tax provisioning and tax reporting on a single platform. The agreement enables CCH to expand its presence to support corporations and offer custom implementation services provided by Grant Thornton professionals in the United States. CCH, a Wolters Kluwer business is the leading global provider of tax, accounting and audit information, software and services (CCHGroup.com).

As a preferred implementer, Grant Thornton LLP will work with CCH Global Integrator users to provide a customized, hands-on implementation solution. The implementation process includes consulting, configuration, data transfer from existing systems, process re-engineering and training.

"We're pleased to work with CCH to help make Global Integrator more readily available to dynamic companies," said Randy Robason, National Partner-in-charge of Grant Thornton's Tax Accounting and Risk Advisory Services practice. "This solution provides users benefits ranging from increased efficiency to decreased risk throughout the entire tax workflow process. And now it's easier than ever for Grant Thornton to help our clients realize these benefits by getting them up and running quickly."

"We're excited to be working with an international leader such as Grant Thornton. This collaboration will help companies easily leverage CCH's Global Integrator to minimize manual processing of direct taxes both domestically and globally and simplify the tax reporting and the provision processes," David A. Lampert, Vice President Market Segment, North America.

About Global Integrator

Global Integrator is a web-based tool designed to help tax professionals streamline their data aggregation and tax provision functions.  It minimizes manual processing of direct taxes both domestically and globally and simplifies tax reporting and the provision process by integrating tax accounting, compliance and statutory data in one system. Global Integrator also includes full integration with CCH ProSystem fx® Tax, providing maximum value and productivity for tax professionals.

Features include:

• Automated loading of trial balance and fixed assets data;
• Standardization and automation of tax adjustments and loading of late accounting adjustments;
• Automated currency conversion and consolidation; and
• Flexible tax basis balance sheet – aligning with international accounting standards (e.g., International Financial Reporting Standards).

Industry Recognition

Global Integrator was recently honored by Accounting Today magazine as the best international tax product in its "2011 Top New Products" report. Global Integrator's multi-jurisdictional functionality and efficiency in helping companies that do business in multiple locations around the world helped the solution earn this prestigious industry recognition.

In describing the new software solution, Accounting Today notes, "CCH's new Global Integrator streamlines and standardizes the process to create consistent reporting formats, handle the necessary calculations and conversions, and generally make tax provisioning much easier and more accurate."

Global Integrator is currently available in American English, UK English, Dutch, Spanish, Japanese, French, German, Portuguese, Swedish and Chinese.

About Grant Thornton LLP

The people in the independent firms of Grant Thornton International Ltd provide personalized attention and the highest quality service to public and private clients in more than 100 countries. Grant Thornton LLP is the U.S. member firm of Grant Thornton International Ltd, one of the six global audit, tax and advisory organizations. Grant Thornton International Ltd and its member firms are not a worldwide partnership, as each member firm is a separate and distinct legal entity.

In the U.S., visit Grant Thornton LLP at www.GrantThornton.com.

About CCH, a Wolters Kluwer business

CCH, a Wolters Kluwer business (CCHGroup.com) is the leading global provider of tax, accounting and audit information, software and services. It has served tax, accounting and business professionals since 1913. CCH is based in Riverwoods, Ill. 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