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Wolters Kluwer launches CCH Axcess™ Client Collaboration — powered by Expert AI, transforming firm-client engagement for tax & accounting professionals
Businesswire· 2025-10-21 17:21
MINNEAPOLIS--(BUSINESS WIRE)--Wolters Kluwer Tax & Accounting is proud to announce the launch of CCH Axcess™ Client Collaboration — powered by Expert AI, the next evolution of client engagement within the CCH Axcess platform. Debuting at the CCH Connections User Conference, this solution enables faster, smarter interactions by automating intake, request lists, document classification, and secure messaging, so work moves from engagement to completion with fewer handoffs. ...
SOCAR implements Wolters Kluwer’s Enablon CoW solution
Yahoo Finance· 2025-10-21 14:08
Azerbaijan's state-owned oil company, SOCAR, has implemented Wolters Kluwer’s Enablon Control of Work (CoW) solution at its upstream facility on Pirallahi Island. This move represents a significant step in SOCAR’s digital transformation strategy, which aims to replace manual, paper-based systems with digital workflows for managing work permits, isolations, risk assessments and safety protocols. SOCAR is responsible for oil and natural gas production in Azerbaijan, including both onshore and offshore oper ...
Wolters Kluwer supports SOCAR's digital transformation journey with launch of Enablon Control of Work solution at Pirallahi Island upstream facility
Businesswire· 2025-10-20 13:30
BAKU, Azerbaijan--(BUSINESS WIRE)--Wolters Kluwer today announced that the State Oil Company of the Azerbaijan Republic (SOCAR) has successfully launched the Enablon Control of Work (CoW) solution at its first upstream oil gathering location in the Aberonneft Oil and Gas Production Department (OGPD), located on Pirallahi Island. In line with its digital transformation efforts, the company shifts from manual, paper-based systems to fully integrated digital workflows for managing work permits, i. ...
Share Buyback Transaction Details October 9 – October 15, 2025
Globenewswire· 2025-10-16 08:00
Core Viewpoint - Wolters Kluwer has repurchased 379,400 of its own ordinary shares for €41.8 million, as part of a larger share buyback program aimed at repurchasing €1 billion worth of shares in 2025 [2][3]. Share Buyback Program - The share buyback program was announced on February 26, 2025, with a total intended repurchase of €1 billion during the year [3]. - As of the report date, a cumulative total of 6,516,691 shares have been repurchased, amounting to €896.6 million, with an average share price of €137.58 [3]. - A third party has been engaged to execute €363 million of buybacks from July 31, 2025, to November 3, 2025, in compliance with relevant laws and regulations [3]. Treasury Shares and Capital Reduction - Shares repurchased are held as treasury shares and will be used for capital reduction through share cancellation [4]. Company Overview - Wolters Kluwer reported annual revenues of €5.9 billion for 2024 and operates in over 180 countries, employing approximately 21,900 people [5]. - The company is headquartered in Alphen aan den Rijn, the Netherlands, and is listed on Euronext Amsterdam [6].
Wolters Kluwer Launches CCH Axcess™ Expert AI: Unifying Intelligence Across Tax, Audit, and Firm Management
Businesswire· 2025-10-15 15:00
MINNEAPOLIS--(BUSINESS WIRE)--Wolters Kluwer Tax & Accounting today announced the launch of Expert AI, a transformative enhancement to its industry-leading cloud-native platform, CCH Axcessâ"¢. Expert AI capabilities bring advanced intelligence into the flow of work, unifying tax, audit, and firm management with a digital core — the integrated foundation of business processes and data that supports advanced analytics, AI, and machine learning. This empowers professionals to move faster, autom. ...
Wolters Kluwer Helps Digital Health Platforms Seamlessly Embed Trusted Clinical Content With New UpToDate Connect
Businesswire· 2025-10-15 13:30
Oct 15, 2025 9:30 AM Eastern Daylight Time Wolters Kluwer Helps Digital Health Platforms Seamlessly Embed Trusted Clinical Content With New UpToDate Connect Share "This integration marks a significant step forward in bringing trusted, real-time insights directly into the said Jean-Claude Saghbini, chief technology officer and president of Technology clinical moment,†Services at Lumeris. "By combining UpToDate's evidence-based clinical decision support depth with Tom's AI-powered actions, we're not just in ...
Accounting firms hop into business advising
Yahoo Finance· 2025-10-15 09:40
Core Insights - Accounting firms are increasingly expanding their business advisory services beyond traditional tax compliance, marking a significant shift in their service offerings [1][4] Summary by Sections Business Advisory Services - A survey of nearly 2,800 tax and accounting professionals revealed that 93% of firms now provide business advisory services, up from 83% the previous year [2] - Firms are moving towards offering higher-level strategic advice, including insights on merger and acquisition targets, which represents a new revenue stream [3][4] Growth and Evolution - The shift towards advisory services is seen as a "deliberate evolution" in how accounting firms deliver value, with 70-73% of firms considering advisory a core service [4][5] - Advisory services are viewed as the growth engine for firms, with a strong emphasis on building deeper partnerships with clients [4][5] Technology and AI Integration - A significant 87% of firms utilize client data to identify and tailor advisory opportunities, indicating a reliance on data-driven insights [5] - Among firms reporting revenue growth of 10% or more, 41% have noted positive results from AI in enhancing client guidance [5][6]
Wolters Kluwer Enablon Launches New Process Hazard Analysis Application That Drives Integrated Process Safety Management
Businesswire· 2025-10-14 13:30
Oct 14, 2025 9:30 AM Eastern Daylight Time New SaaS application transforms static hazard assessments into dynamic, data-driven risk management across industrial enterprises "With the launch of Enablon's new PHA application, we're empowering organizations to move beyond static assessments and embrace dynamic, data-driven risk management. What sets Enablon PHA apart is its integrated risk intelligence, which connects hazard identification with barrier monitoring to deliver real-time risk awareness. This solut ...
Share Buyback Transaction Details October 2 – October 8, 2025
Globenewswire· 2025-10-09 08:00
Core Points - Wolters Kluwer has repurchased 405,600 ordinary shares for €45.5 million at an average price of €112.30 from October 2 to October 8, 2025 [2] - The share buyback program, announced on February 26, 2025, aims to repurchase shares worth €1 billion during 2025 [3] - Cumulatively, 6,137,291 shares have been repurchased in 2025, totaling €854.8 million at an average price of €139.28 [3] - A third party has been engaged to execute €363 million of buybacks from July 31, 2025, to November 3, 2025 [3] - Repurchased shares will be held as treasury shares and used for capital reduction through share cancellation [4] Company Overview - Wolters Kluwer reported annual revenues of €5.9 billion in 2024 and serves customers in over 180 countries [5] - The company operates in over 40 countries and employs approximately 21,900 people worldwide [5] - Wolters Kluwer is listed on Euronext Amsterdam and included in indices such as AEX, Euro Stoxx 50, and Euronext 100 [6]
Wolters Kluwer Launches Compliance Intelligence, Strengthening Transformational Regulatory Change and Obligation Management Capabilities
Businesswire· 2025-10-02 13:05
Oct 2, 2025 9:05 AM Eastern Daylight Time Wolters Kluwer Launches Compliance Intelligence, Strengthening Transformational Regulatory Change and Obligation Management Capabilities Share Solution powered by Expert AI seamlessly links financial institutions' processes, from regulatory alert monitoring to enterprise compliance obligations, with unparalleled accuracy and reliability MINNEAPOLIS--(BUSINESS WIRE)--Wolters Kluwer Financial & Corporate Compliancehas launched Compliance Intelligence, a groundbreaking ...