What's Happening?
Wolters Kluwer has introduced Expert AI, a new feature integrated into its CCH Axcess platform, aimed at revolutionizing tax, audit, and firm management workflows. This enhancement is designed to automate routine tasks such as document classification
and compliance checks, while also providing predictive analytics for strategic guidance. The platform now includes new modules like CCH Axcess Intelligence, which supports contextual research and content generation, and CCH Axcess Advisor, which surfaces advisory opportunities. The integration of Expert AI is expected to streamline operations and improve decision-making for tax professionals.
Why It's Important?
The introduction of Expert AI into the CCH Axcess platform signifies a major shift in how tax professionals can leverage artificial intelligence to enhance their services. By automating routine tasks and providing predictive insights, tax professionals can focus on more strategic aspects of their work, potentially increasing efficiency and client satisfaction. This development could lead to significant changes in the tax industry, as firms adopt AI-driven tools to stay competitive and deliver greater value to their clients.