Wolters Kluwer launches financial insights platform- finsit in the UK

By Megha Bhattacharya

Wolters Kluwer Tax and Accounting UK has announced the launch of its cloud-based financial insights platform finsit to its CCH OneClick customers in the UK. Finsit is a cloud-based platform for the accounting and auditing professions that gives customers the opportunity to see their finances presented in a visually appealing format.

Matt Crook, Managing Director of Wolters Kluwer Tax & Accounting UK remarked, “We strive to deliver technology for the real world and have developed a secure platform, tailor-made for the accounting profession. Finsit streamlines the reporting process for our CCH OneClick customers with seamless delivery, helping accountants and their clients better understand their business performance and drive outcomes.”

According to the company, customers will benefit from simple visual reports accessible on laptops, tablets or mobile devices, streamlined reporting processes and full integration with bookkeeping systems.

He continued, “At Wolters Kluwer Tax & Accounting UK, we help professionals to deliver deep impact when it matters most. Finsit provides an opportunity for an accountancy practice to shine, both to existing clients but also to prospects, by providing valuable insight. We look forward to expanding the availability of finsit in the future.”

Recently, CCH Tagetik, part of Wolters Kluwer Tax & Accounting, signed an agreement with Norway-based Orkla in a bid to support them in replacing their legacy consolidation solution. The CCH Tagetik unified platform will replace their legacy systems and Orkla will utilize the platform for their statutory consolidation, management, and financial reporting, including IFRS 16 Lease Accounting and iXBRL.