XCM Solutions Announces Availability of XCM™ Integrated with
ProSystem fx® Document
Award-Winning Workflow Automation Software Gives CPA Firms Direct Access to
Important Client Documents
Braintree, MA – August, 21, 2007 – XCM Solutions, LLC, the pioneer in delivering paperless workflow solutions to accounting firms, today announced the availability of XCM Version 5.0 workflow and information automation software featuring integration with CCH’s ProSystem fx Document, an industry leading document management system. The integrated offering gives CPA firms real-time access to important client documents as the work moves intelligently through the office or across multiple offices, enabling staff to become more efficient and productive. XCM Solutions will showcase the capabilities of the software in CCH’s booth (#605) as one of six vendors selected to participate in the “In Firm Technology Walking Tour” at the Illinois Society of CPA’s Business and Technology show this week in Chicago (www.btshow.org).
“Workflow is a technology that can significantly help CPA firm productivity, but most firms are still attempting to use older technologies like lists maintained in spreadsheets, custom databases, paper control sheets or project systems in their practice management systems,” said Randy Johnston, Executive Vice President at K2 Enterprises. “None of these technologies can accomplish what XCM can accomplish in their workflow product. Seamless access to files in Document further enhances XCM’s value for firms.”
Designed by CPAs, the XCM solution controls all the processes for completing work within a CPA firm, ensuring best practices are followed and eliminating the disorganization typically associated with paper-based workflow. Additionally, XCM provides a central knowledge repository for information such as permanent file notes and preparer/reviewer comments. ProSystem fx Document is a complete document storage and retention solution that manages the full range of documents within a CPA firm, giving employees electronic access to everything from tax returns and source documents to client correspondence quickly and easily. CPA firms using both XCM and Document can easily search, link, edit and manage documents residing in Document from within the XCM workflow software that are associated with a particular client and/or project.
“When we started using it four years ago, XCM was the only software available that solved the workflow problem in a paperless environment. There was nothing like it and it’s still the only true workflow solution for accounting firms,” said Laura Barooshian, CPA, MST, Tax Principal at DiCicco, Gulman & Company, LLP, a Woburn, Mass.-based CPA and business consulting firm, and a member of Moore Stephens North America (MSNA). “One of the reasons we selected ProSystem fx Document when choosing a more robust document management product last year was its plans for integration with XCM. In each, we have the best product on the market and together they deliver a powerful productivity tool.”
About XCM Solutions, LLC
XCM Solutions provides CPA firms with patent pending, web-based process automation solutions that increase efficiency, productivity and profitability. The award-winning XCM workflow technology virtually eliminates the manual communication process of moving files throughout the office, while providing instant access to client information. This visibility to workflow helps to reduce anxiety and stress during the busy season at the Partner, Professional Staff and Administrative Staff levels. With its cutting edge technology, XCM Solutions helps firms increase productivity in processing tax returns, tax notices, financial statements and bookkeeping. The increase in productivity enables firms to assume a greater workload, ultimately resulting in increased profitability. For more information, visit www.xcmsolutions.com.
About CCH, a Wolters Kluwer business
CCH, a Wolters Kluwer business (CCHGroup.com) is a leading provider of tax, audit and accounting information, software and services. It has served tax, accounting and business professionals and their clients since 1913. Among its market-leading products are The ProSystem fx® Office, CCH® Tax Research NetWork™, Accounting Research Manager® and the U.S. Master Tax Guide®. CCH is based in Riverwoods, Ill.
Wolters Kluwer is a leading global information services and publishing company. The company provides products and services for professionals in the health, tax, accounting, corporate, financial services, legal and regulatory sectors. Wolters Kluwer has 2006 annual revenues of €3.7 billion, employs approximately 19,900 people worldwide and maintains operations across Europe, North America, and Asia Pacific. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Its shares are quoted on the Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. For more information, visit www.wolterskluwer.com.
Contact:
Erika Schonberg
Marketing Director
XCM Solutions, LLC
erikas@xcmsolutions.com
781-817-1176