CBIZ Adopts CCH ProSystem fx Profit Driver

(RIVERWOODS, ILL., November 9, 2004) – CCH Tax and Accounting (CCH) and Century Business Services, Inc. (CBIZ) today announced that CBIZ has adopted CCH’s ProSystem fx Profit Driver as a central component of its Business Health – Test and has agreed to become a reseller of the financial diagnostic software. ProSystem fx Profit Driver automatically analyzes financial statements and plots out paths to improved financial performance.

Andre Gien, Director, Strategic Consulting, CBIZ East Region, cited the integration of Profit Driver with other elements of the ProSystem fx Office suite as a key reason for their decision.

“By using Profit Driver we will be able to move directly from a client’s financial statements to a dynamic, graphical presentation on the parts of their business that are most in need of improvement, or have the greatest potential for building their bottom line,” Gien said.

As a reseller of ProSystem fx Profit Driver, CBIZ will also be able to offer clients the ability to benchmark their own progress toward their goals.

“Although it’s powerful, ProSystem fx Profit Driver is easy for our small business clients to implement and to understand,” Gien added.

“Integration of Profit Driver with ProSystem fx Engagement enables firms to make dynamic use of clients’ data to add valuable services and insight. This adoption by CBIZ validates how progressive firms can take advantage of technology to improve their bottom line, ” said Mike Sabbatis, Vice President of Sales and Marketing for CCH Tax and Accounting.

About ProSystem fx Profit Driver

ProSystem fx Profit Driver is a financial diagnostic and analytical solution that transforms client data into an interactive strategic planning tool, enabling professionals to instantly show their clients the outcomes of what-if scenarios and develop detailed plans for reaching goals. Profit Driver integrates with the ProSystem fx Office, as well as data in spreadsheet form.

About CBIZ

Century Business Services Inc. (CBIZ) is a leading provider of outsourced business services to small and medium-sized companies throughout the United States. As the largest benefits specialist, and one of the largest accounting, valuation and medical practice management companies in the United States, CBIZ provides integrated services in the following areas: accounting and tax; employee benefits; wealth management; property and casualty insurance; payroll; IS consulting; and HR consulting.

CBIZ also provides valuation; litigation advisory; government relations; commercial real estate advisory; wholesale life and group insurance; healthcare consulting; medical practice management; worksite marketing; and capital advisory services. These services are provided throughout a network of more than 160 Company offices in 34 states and the District of Columbia.

About CCH Tax and Accounting

CCH Tax and Accounting (www.tax.cchgroup.com), based in Riverwoods, Ill., is a leading provider of tax and accounting information, software and services. It has served tax, accounting and business professionals and their clients since 1913. Among its market leading products are The ProSystem fx® Office, CCH® Tax Research NetWork™, Accounting Research Manager™ and the U.S. Master Tax Guide®. CCH Tax and Accounting is a Wolters Kluwer company. Wolters Kluwer is a leading multinational publisher and information services company.

Wolters Kluwer has annual revenues (2003) of €3.4 billion, employs approximately 18,750 people worldwide and maintains operations across Europe, North America and Asia Pacific. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. (www.wolterskluwer.com). Its depositary receipts of shares are quoted on the Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices.


Wolters Kluwer Tax and Accounting

Wolters Kluwer Tax and Accounting is a leading provider of software solutions and local expertise that helps tax, accounting, and audit professionals research and navigate complex regulations, comply with legislation, manage their businesses and advise clients with speed, accuracy and efficiency. Wolters Kluwer Tax and Accounting is part of Wolters Kluwer N.V. (AEX: WKL), a global leader in information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services. Wolters Kluwer reported 2016 annual revenues of €4.3 billion. The company, headquartered in Alphen aan den Rijn, the Netherlands, serves customers in over 180 countries, maintains operations in over 40 countries and employs 19,000 people worldwide. Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1 American Depositary Receipt program. The ADRs are traded on the over-the-counter market in the U.S. (WTKWY).

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