PROSYSTEM fx
ACTIVEDATA FROM CCH OFFERS HIGH-END FINANCIAL ANALYSIS AND MANIPULATION
CAPABILITIES FOR ALL
(GRAPEVINE, TEXAS, November
5, 2007) – As a result of a partnership with InformationActive, CCH, a Wolters
Kluwer business and a leading provider of tax, accounting and audit information,
software and services, has added ProSystem fx ActiveData to its suite
of ProSystem fx Office products, which further builds out its audit and
accounting offerings (
CCHGroup.com
).
As a computer-aided auditing
technology tool (CAATT), ProSystem fx ActiveData is a data extraction
and analysis tool that can be used to automate a full complement of audit
processes directly within Microsoft Excel®, including more than 70
time-saving functions that simplify everything from sampling to sophisticated
fraud detection.
With audits becoming
increasingly complex with more emphasis in fraud detection and assessment of
risk, it’s more critical than ever for audit professionals to have the
appropriate tools. ProSystem fx ActiveData offers powerful analysis
features such as group summaries: gap and duplicate detection; stratification;
and digital analysis using Benford’s law.
“Until now, data analysis
capabilities such as these have only been available in specialized, complex
applications, but with the new auditing standards, these should be a part of
every professional’s tool kit – and CCH has put them there,” said Brian
Steinert, CCH product manager.
Easy to Learn, Use
As a Microsoft Excel plug-in,
ProSystem fx ActiveData simplifies data extraction and analysis by
leveraging a tool professionals already use. Tight integration with Microsoft®
Excel results in a substantially lower learning curve than other products on the
market. Users can save time by performing complex calculations with just a few
clicks. It also supports greater accuracy and efficiency, and improves
productivity by eliminating manual calculations and data manipulation.
“The capabilities are
powerful, but ProSystem fx ActiveData is built on a familiar interface,
so users leverage their existing skills to produce results quickly and easily,”
Steinert noted.
“We are very pleased to
partner with CCH, a true leader in the accounting software field,” said Michael
Pluscauskas, President of InformationActive Inc. “Our current users love
ActiveData’s simplicity, ease of use and complete integration with Microsoft
Excel and we are very excited that CCH customers will have the opportunity to
use ActiveData to work even smarter and faster.”
For More Information
For more information on
ProSystem fx ActiveData, please visit
CCHGroup.com/ActiveData or contact a CCH
Account Representative at 800-739-9998. To sign up for a free demo, go to
CCHGroup.com/ActiveData07 .
About
InformationActive
InformationActive Inc.
specializes in the creation of MS-Office solutions that enhance the business
intelligence experience of the novice and advanced MS-Office user.
InformationActive Inc. adds value by leveraging the inherent power of the Office
Suite to manipulate, analyze and display data in meaningful ways for a variety
of general business and vertical markets. InformationActive is headquartered in
Ottawa, Ontario, Canada. For more information contact
info@informationactive.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 since 1913. Among its market-leading products are The ProSystem
fx® Office,
CorpSystem™, 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, and legal and regulatory sectors. Wolters Kluwer
had 2006 annual revenues of €3.4 billion, employs approximately 18,450 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 Euronext Amsterdam (WKL) and are included in the AEX and
Euronext 100 indices. For more information, visit
www.wolterskluwer.com
.
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nb-07-138
Contact:
Leslie Bonacum,
847-267-7153,
mediahelp@cch.com
Neil Allen,
847-267-7153,
neil.allen@wolterskluwer.com