Wolters Kluwer Introduces Twinfield DossierFlow in the Netherlands, Helps Accountants Streamline Collection of Customer Information
May 22 2024 - 1:00AM
Business Wire
Cloud-based solution tracks and centralizes
client documents, checks for completeness, and helps retrieve
missing information
Wolters Kluwer Tax & Accounting (TAA) has
launched Twinfield DossierFlow (DossierFlow), a cloud-based
solution for the collection of customer information, in the
Netherlands. The tool tracks documents sent by clients to support
tasks such as financial statement preparation or anti-money
laundering checks, and flags if more information is needed.
“It is a constant challenge for accountants to obtain the
information they need from their customers in a timely, secure, and
efficient manner. Retrieving and storing data to support financial
statements, audit, tax declarations, and onboarding can be very
labor-intensive and time-consuming,” says Bas Kniphorst,
Executive Vice President and Managing Director, Wolters Kluwer TAA
Europe. “Twinfield DossierFlow really accelerates the process,
offering an efficient, simple, and secure solution for streamlining
data collection.”
DossierFlow is part of the Wolters Kluwer Twinfield range of
accounting products and can be employed as a stand-alone solution
thanks to an API that allows for easy connection to other software
tools.
At the heart of DossierFlow are templates for customer data
questionnaires, which accountants can customize in real time by
adding, removing or amending questions or topics. The product
provides a centralized view of the progress of all questionnaires,
so that users can quickly see what information has been received,
where the source documents are located, and which files have been
completed and assessed.
Users can amend questionnaires on the fly, with a full audit
trail, as they receive updates from clients, removing the need to
send emails back and forth to request data. DossierFlow helps do
away with fragmented information coming from different sources.
The product enables constant communication with customers and a
daily summary of status updates. It also offers secure transfer and
storage of files with SOC (Service Organization Control) type 1 and
2 certification, widely recognized information security
standards.
“It is well documented that the workload of accountants is
increasing in the Netherlands and elsewhere, further raising
already-high stress levels,” Kniphorst said. “A solution like
DossierFlow can help address these issues for practitioners, given
that it can save time and boost productivity while also increasing
accuracy.”
About Wolters Kluwer
Wolters Kluwer (EURONEXT: WKL) is a global leader in
information, software solutions and services for professionals in
healthcare; tax and accounting; financial and corporate compliance;
legal and regulatory; corporate performance and ESG. We help our
customers make critical decisions every day by providing expert
solutions that combine deep domain knowledge with technology and
services.
Wolters Kluwer reported 2023 annual revenues of €5.6 billion.
The group serves customers in over 180 countries, maintains
operations in over 40 countries, and employs approximately 21,400
people worldwide. The company is headquartered in Alphen aan den
Rijn, the Netherlands.
For more information, visit www.wolterskluwer.com and follow us
on LinkedIn, Facebook, YouTube and Instagram.
For more information on the latest in AI, please visit Wolters
Kluwer’s corporate AI page or the TAA AI Hub page.
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version on businesswire.com: https://www.businesswire.com/news/home/20240520584940/en/
Raymond Koning Manager, Communications & Public Affairs
Wolters Kluwer Tax & Accounting Benelux Mobile: +31 6 1926 2166
raymond.koning@wolterskluwer.com
Joe Marsh Manager (Europe), External Communications Wolters
Kluwer Tax & Accounting Mobile: +44 (0)7855 185971
joseph.marsh@wolterskluwer.com