CCH Axcess™ iQ
Grow revenue and fight commoditization with predictive analytics.
Find critical revenue opportunities within your system by identifying clients impacted by tax law changes.
Create Additional Engagements and Revenue Opportunities Within Your Existing Client Base.
As firms seek to shift focus away from entering data, they need tools to help leverage that data better. The shift from commoditized compliance services to more valuable advisory services reflects the disruptive changes taking place right now in the accounting profession. CCH Axcess iQ addresses many of these critical business issues.
With DIY tax software and low-cost, gig-economy tax services gaining popularity, many firms find themselves in a race to cut fees for tax preparation as low as possible. In order to survive and grow, firms need to offer services that clients are willing to pay for and even enthusiastic about wanting. CCH Axcess iQ helps firms overcome commoditization by more proactively suggesting new services to their clients.
Manually searching through client files when a legislative change occurs is too time consuming. That means critical revenue opportunities are not identified, and growth stagnates. With CCH Axcess iQ, firms can more easily find these opportunities and leverage them for additional revenue.
At the very foundation of the accountant-client relationship, compliance is critical to maintaining trust. The speed and complexity of legislative changes create heavy demands on an accountant’s time. CCH Axcess iQ helps firms protect and maintain their clients’ trust.
The Future is Now: Advanced Technologies Making an Impact Today
CCH Axcess iQ is an entirely new type of product that combines the expertise of Wolters Kluwer Tax and Accounting research expertise and software innovation. When new tax legislation triggers a “tax event,” the system searches a customer’s CCH Axcess Tax data for clients who might be impacted by that event.
Trigger events appear on the CCH Axcess Dashboard. You can click on the event to see a list of clients that might be affected. The system also includes a client letter that explains the change. Links to CCH AnswerConnect give you access to even more information and tools.
With this information at hand, firms can reach out to clients to explain the changes. You can send the letter that CCH Axcess iQ generates, or you could invite the client to engage in a more in-depth discussion about the change and how it affects their needs.
Dive Deeper with CCH® AnswerConnect
Here’s what some of the firms who got a sneak peek at CCH Axcess™ iQ have to say...
“This reduces the number of emails I have to read, saves me time, I’ll know where my opportunities are more quickly”
“I currently use CheckPoint, this integration with AnswerConnect will push me to switch products.”
“I think it's a useful product with wide application. A lot of content products exist out there - the usefulness of this one to me, as a marketer, would be in its simplicity of communication and ability to PDF content, in addition to using objects that help communicate what is meaningful about the content quickly and easily - e.g., tables, infographics, flowcharts, etc. Business executives and leaders, our clients, want it quick and easy, and then a link to learn more if they want to dig into the weeds.”
Learn best practices to attract and retain clients in our White Paper