The PRWIRE Press Releases https:// 2017-08-16T23:00:00Z Wolters Kluwer Tax & Accounting Wins Nine Stevie® Awards in 2017 International Business Awards 2017-08-16T23:00:00Z wolters-kluwer-tax-accounting-wins-nine-stevie-r-awards-in-2017-international-business-awards Wolters Kluwer is pleased to announce that it has been named winner of nine Stevie® Awards in the 14th Annual International Business Awards, including two Silver Stevie wins by Karen Abramson, CEO of its Tax & Accounting division: Gold Stevie Winners CCH AnswerConnect Category: Best New Product or Service of the Year - Business-to-Business Services Jim Edwards, Product Strategy Director, CCH IntegratorCategory: Product Development/Management Executive of the Year Silver Stevie Winners Global Master Tax and Business Guide Category: Best Business Book CCH IQ Category: Best New Product or Service of the Year - Business-to-Business Products Karen Abramson, CEO, Tax & Accounting Global Division Category: Executive of the Year - Financial Services Karen Abramson, CEO, Tax & Accounting Global DivisionCategory: Woman of the Year – Computer Software CCH Integrator Product Development TeamCategory: Product Development/Management Department or Team of the Year Bronze Stevie Winners CCH ProSystem fx for Small Firms Category: Best New Product or Service of the Year - Software - FinTech Solution CCH IntegratorCategory: Best New Product or Service of the Year - Software - Governance, Risk & Compliance Solution “We are honored to be recognized so broadly by the International Business Awards for our best-in-class products, services and employees across the globe,” said Karen Abramson, CEO of Wolters Kluwer Tax & Accounting division. “Whether we are helping clients navigate complex tax legislation, gain efficiencies during tax filing, find a fast, accurate answer or simplify their internal audit and financial management processes, we are committed to helping our customers grow, manage and protect their businesses. We will continue to bring award-winning innovation to the marketplace that our customers have come to expect and depend on.” These wins are the latest in a steady stream of prestigious global accolades awarded to Wolters Kluwer Tax & Accounting this past year. Just last month, Wolters Kluwer was shortlisted in the 2017 International Tax Review’s Americas Tax Awards for “Americas Tax Technology Firm of the Year” and “Americas Tax Innovator of the Year.” Wolters Kluwer was also named “Asia Tax Technology Firm of the Year” by the International Tax Review’s Asia Tax Awards earlier this year. The International Business Awards are the world’s premier business awards program. All individuals and organizations worldwide – public and private, for-profit and non-profit, large and small – are eligible to submit nominations. The 2017 International Business Awards received entries from more than 60 nations and territories. A record total of more than 3,900 nominations were submitted this year for consideration in a wide range of categories. “The IBA judges from across the world were highly impressed with the nominations they reviewed this year. With the level of achievement documented in the nominations from 60 nations, the Stevie Awards are proud to honor organizations that demonstrate a high level of achievement in a variety of industries,” said Michael Gallagher, President and Founder of the Stevie Awards. About Wolters Kluwer Tax & Accounting Wolters Kluwer Tax & 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 & 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. 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). For more information about our solutions and organization, visit www.wolterskluwer.com, follow us on Twitter, Facebook, LinkedIn, and YouTube. Australian Customers Prefer Digital-First Approach to Banking Services 2017-08-10T01:00:00Z australian-customers-prefer-digital-first-approach-to-banking-services Sydney, Australia, August 10, 2017 – Australian customers would prefer to resolve their basic banking issues without having to deal with a human being, according to a new survey by market researcher, YouGov. The Avaya-commissioned Customer Experience in Banking 2017 report indicates that Australians’ most-preferred method of contact with their bank would be via the website, while a third, 34 per cent, regularly use mobile banking apps, more than their counterparts in the UK and UAE. The survey covered more than 5,000 banking customers in four countries – Australia, India, the UK, and the UAE. Given the choice of only one channel, 28 per cent of the 1,153 Australians surveyed would prefer access to a complete list of services via their bank’s web site, only speaking to a person if they really have to. Likewise, 19 per cent would prefer to use a mobile app, while eight per cent would choose to access services through the contact center application. More than half, 54 per cent, regularly use online banking, behind only the UK’s 60 per cent, while only 36 per cent usually visit their branch, the joint-lowest with the UK. Unsurprisingly, younger generations of Australians are more likely to use mobile services, with 58 per cent of 18 to 24-year-olds and 53 per cent of 25 to 34-year-olds regularly using mobile apps, compared to just 13 per cent in the 55+ category. Interestingly, 57 per cent in the latter group use online banking, while just 45 per cent of 18-24-year olds do. Still, the YouGov study found that traditional interactions continue to hold a place in the financial services industry. In fact, 22 per cent of Australians prefer to visit branches, a figure led by older respondents, with a third of over-55s selecting that option. While more than half, 51 per cent, of Indian respondents said they regularly visit their branch, the highest of the four countries surveyed, only 13 per cent said they prefer to do so – by far the lowest of the four. “The financial services industry (FSI) has typically led technology adoption and digital services – in part due to available capital, but primarily because a highly-competitive market creates constant pressure to exceed the expectations of demanding consumers,” said Peter Chidiac, Managing Director Australia and New Zealand, Avaya. “Customers see value in more than just rates, meaning banks and other financial organisations must provide an experience that aligns to the daily lives of their consumers. To meet those expectations, they have to optimise traditional transactions while enabling interactions across the latest platforms and introducing innovations such as artificial intelligence (AI).” Regardless of how they choose to contact their bank, the most important issues for Australian customers is that they get the same level of experience and service, and that their problem is resolved on the first point of contact. The most common customer complaint is being kept waiting for a long time on the phone, cited by 21 per cent. This may explain why less than a quarter, 23 per cent, of Australian respondents regularly call a contact center. “Consumers are looking for fast resolutions, and within reason, hope for an answer within the first point of contact,” said Chidiac. “The problem is that some contact centre agents in financial institutions aren’t prepared to deal with a wide range of enquiries, especially in omni-channel environments. Contact centre agents need to be equipped to deal with enquiries no matter which platform the consumer is using to make contact, and importantly, the interaction must be able to shift across platforms without forcing the consumer to explain their issue repeatedly.” To learn about how Avaya is digitally transforming financial services, check out this short video or browse this resource guide. About Avaya Avaya enables the mission critical, real-time communication applications of the world’s most important operations. As the global leader in delivering superior communications experiences, Avaya provides the most complete portfolio of software and services for contact center and unified communications with integrated, secure networking— offered on premises, in the cloud, or a hybrid. Today’s digital world requires some form of communications enablement, and no other company is better positioned to do this than Avaya. For more information, please visit www.avaya.com. Certain statements contained in this press release may be forward-looking statements. These statements may be identified by the use of forward-looking terminology such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "might," "plan," "potential," "predict," "should" or "will" or other similar terminology. We have based these forward-looking statements on our current expectations, assumptions, estimates and projections. While we believe these are reasonable, such forward looking statements involve known and unknown risks and uncertainties, many of which are beyond our control. These and other important factors may cause our actual results to differ materially from any future results expressed or implied by these forward-looking statements. For a list and description of such risks and uncertainties, please refer to Avaya's filings with the SEC that are available at www.sec.gov. Avaya disclaims any intention or obligation to update or revise any forward-looking statements. All trademarks identified by ®, TM, or SM are registered marks, trademarks, and service marks, respectively, of Avaya Inc. All other trademarks are the property of their respective owners ### Breaking News - ASX Listed G Medical Signs Binding MOU for US $67.5M for China Distribution 2017-07-27T01:24:14Z breaking-news-asx-listed-g-medical-signs-binding-mou-for-us-67-5m-for-china-distribution ASX Announcement 27 July 2017 G MEDICAL SIGNS BINDING MOU FOR CHINA DISTRIBUTION VALUED AT US$67.5M •Binding MOU signed with Shandong Boletong Information S&T Co. Ltd. •Agreed terms include call centre cooperation and a minimum purchase order of Smartphone Prizmaunits within the first year. •Medical and ancillary support via Nurse and Physician staffed call centres and ‘Cloud’ services. Mobile health and e-health company G Medical Innovations Holdings Ltd (“G Medical” or the “Company”) is pleased to announce it has executed a Binding Memorandum of Understanding (“Agreement”) between its subsidiary G Medical Innovations Asia Limited and Shandong Boletong Information S&T Co. Ltd. (“Boletong”), for the distribution of G Medical’s products and for call centre and ‘Cloud’ services in the People’s Republic of China. G Medical Smartphone Prizma Purchase Order Pursuant to the terms of the Agreement, Boletong has agreed to purchase a minimum quantity of units within the 1st Year of the G Medical Smartphone Prizma, and to provide associated support services for a minimum period of 60 months. Boletong will pay a pre-determined price for each unit, with the value of the agreement based on the minimum commitments being no less than US$67,500,000. The obligation to acquire the units commences on the granting of the CFDA certification to G Medical, which is currently in process. Support Services 1) Medical Services: Pursuant to the terms of the Agreement, Boletong and G Medical will set up a medical call centreproviding support services from 50-60 Nurses and 3-5 General Practising Physicians. Boletong will be responsible for the recruitment of the Nurses and General Practising Physicians, andthe establishment of the call centre. 2) ‘Cloud’ Subscription and Support Services: Pursuant to the terms of the Agreement, Boletong and/or G Medical will provide; a) Automated Cloud algorithm interpretation services, for biomedical signals 20170727_GMV - Binding MOU for China Distribution Page 2 of 3 b )Level 1 services including, Live and/or automated end-user technical support c) Level 2 services including, hardware (device) support, replacement/repairs Marketing and advertising G Medical agreed to contribute an immaterial portion of the per unit price as marketing and investment for Boletong's promotion of the products and services in China, with such payments to be set-off against payment of the purchase orders by Boletong. Non-competition Boletong and its associations are subject to non-competition restraints for the period of the Agreement, and ending five years after its termination (unless G Medical is found by a Court to have breached the Agreement). These non-competition restraints extend to competing with the products or services of G Medical. G Medical CEO Dr. Yacov Geva, commented: “I am extremely pleased to announce yet another significant relationship for G Medical within the ever-growing and lucrative Chinese territory. To have further increased our purchase commitment for our G Medical Smartphone Prizma devices, over and above our existing agreements, is an exceptional outcome with a key partner in Boletong. This adds further to our robust, multi-year revenue stream for the Company, particularly within the first year of a CFDA approval being granted”. “I have met with the executives of Boletong, and whilst in China have visited their facilities and operations. Boletong operates in 16+ provinces and works with the National Public Health care system and acts as a distributor of medical services for the government. Boletong is currently working with several large healthcare organisations such as Wanda, a medical company which is positioned in the top three in their area, and along with telecom carriers such as China Telecom. Boletong is also supported through investment from a large and reputable group in Beijing. Our team, has invested more than 3 months in bringing this MOU to fruition, during which time we were able to satisfy ourselves as to Boletong's strong financial position, their key government partnerships in place, and the ability to deliver all aspects under our agreement.” “This relationship is a significant strategic partnership, allowing the roll out the Company’s medical and ancillary support services within the Chinese territory, for both our professional call centre and Cloud based systems”. Ends Corporate Advisors Otsana Capital 108 Outram Street West Perth WA 6005 Telephone: +61 8 9486 7244 www.otsana.com About Shandong Boletong Information S&T Co., Ltd Shandong Boletong Information S&T Co., Ltd. (Boletong) is a hi-tech medical and healthcare company invested by Beijing Honghui Group which has businesses in medicine, investment, drug store automation system and new energy areas, based in China. Boletong focuses on the production and sales of medical devices, membership healthcare management systems and R&D and applications for the National Basic Public Healthcare Project Solution. Boletong is currently one of the top 16 service providers for the national public healthcare system. Boletong is located in Jinan Hi-tech Technology Development Area, Shandong province. Boletong’s website is www.sdboletong.com About G Medical Innovations G Medical (ASX:GMV) was founded in August 2014, aiming to be at the forefront of the digital health revolution, developing the next generation of mobile health (mHealth) technologies. The Company brings forth the experience and expertise of its Board to deliver best-in-class solutions to address this global opportunity. The Company specialises in innovative next generation mobile and e-health solutions and services using its suite of devices and software solutions with a view to driving multiple and recurring revenue streams, across numerous verticals and territories. For more information on G Medical, please visit www.gmedinnovations.com ThoughtWorks Releases First-Ever Report on Courageous Leadership Among Successful C-Suite Executives 2017-07-26T00:34:26Z thoughtworks-releases-first-ever-report-on-courageous-leadership-among-successful-c-suite-executives p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 12.0px Arial} li.li1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 12.0px Arial} span.s1 {font-kerning: none} span.s2 {text-decoration: underline ; font-kerning: none; color: #0563c1} span.s3 {text-decoration: underline ; font-kerning: none} ul.ul1 {list-style-type: disc} ThoughtWorks, a global software consultancy released a first of its kind report, “The Next Big Disruption: Courageous Executives”, revealing what sets top business leaders apart from their competition. The report profiles an elite segment of C-Suite leaders referred to as “Courageous Executives” in the US, the UK, Australia and India and the findings underscore the critical role technology plays in business strategy, from navigating the chaos of digital transformation to how they’re setting their business up for future success. The report also sheds light on the leadership styles of Courageous Executives including their tolerance for risk and failure, their use of customer insights and the ways leaders in all four countries are preparing for the future of work. This report, developed by ThoughtWorks in partnership with research agency Northstar, features insight from Fortune 500 C-Suite executives who are: advocates for digital transformation; have an active role in directing how technology enables their business; have seen their company’s revenue or profit increase significantly due to a recent technology change; and 85 percent of which self-identified as risk takers. “As companies across all industries embrace the changes of our increasingly digital world, we’re seeing leaders at the helm of these companies dive deeper into how technology is implemented and how it works,” said ThoughtWorks President and CEO, Guo Xiao. “I began my time in the industry as a developer, giving me the tools I needed to approach business with a technology first perspective. Executives across the globe are learning that a strong grasp of technology matters and they’re finding ways to adapt. Our findings show that 54 percent of Courageous Executives have developed a deep understanding of technology with a remarkable 57 percent of these leaders reporting having written code,” noted Xiao. "A tenacious commitment to embrace technology is what today sets apart truly Courageous Executives." According to Ange Ferguson, Group Managing Director for ThoughtWorks Asia Pacific, “In this new age of digital disruption, technology is being catapulted closer to the business core and that’s challenging the traditional C-suite. They need to think and behave differently when it comes to the role of technology in their strategy, and to question how they are engaging technology to produce better outcomes for the business. “While capability was once a barrier to what’s possible, now the constraint lies in the willingness of decision makers to be courageous with foundational technologies,” she said. REA, which operates Australia’s leading residential, commercial and share property websites, as well as a number of property portals in Asia and interests in the US and India, credits its impressive growth and success to a culture based on consistent innovation and invention. “The REA business is built around customer delivery, which demands that we work to the same agile rhythm across all levels of the organisation. Visualised work, team stand-ups and collaboration enable the innovation and invention that has become part of our DNA,” said Nigel Dalton, Chief Inventor, REA. “Our competition is global and the landscape is set to change as AirBnB, Facebook, Google, eBay, and WeChat become major players in property over the next few years. We’re embracing the opportunities this creates by focusing our culture of innovation and invention on the technologies that will change how people find property - robotics, virtual reality, augmented reality and data science. “That, along with our diverse backgrounds, creative thinking and scalability, will see us continue to deliver new products and services to market faster than anyone else, and ensure we are the world’s best.” According to the report, notable themes uniting Courageous Executives include: Proactive Approach to Technology Changes According to the report, to keep pace and anticipate future technology shifts, Courageous Executives conduct research, analyze their competitors, troubleshoot tech challenges and hire subject matter experts. A majority of Courageous Executives (65 percent) say that digitizing and adapting to new technology is a top business priority followed by growth. Research – 63 percent of leaders do their own research to stay ahead of technology changes. Top trends they’re exploring include security threats; human and machine interaction; new hardware, software and operational platforms; machine learning and artificial intelligence; virtual reality and augmented reality. Competitor Analysis – In all four countries, big tech decisions are most often fueled by competition. Asked to identify the largest driver motivating change, 47 percent pointed to their competitors. Tolerance for Risk and Willingness to Fail Understanding risks and its impact on ongoing business success is an important characteristic of a Courageous Executive along with the ability to rebound after a perceived failure. Appetite for Risk - In fact, 87 percent of all executives agree that taking risks is necessary to achieve goals and maintain a strong competitive advantage with 62 percent pointing to their willingness to take risks their competitors won’t as a key differentiator. Failing Well - Courageous Executives reported their most common reaction to these setbacks was to focus on what went right with the second being to stay as positive as possible. When asked how failure affected their employees, 54 percent globally said that they believed failure made them even more motivated to succeed. Use of Customer Insights Throughout the world, courageous leaders recognize the necessity of maintaining a close connection to their customers. 91 percent report that customer input directly informs their strategic decision-making. While there is some agreement as to the best methods for gathering that customer input, there’s still a lack of consensus among executives when it comes to what data they’re collecting and who is assessing the insights. Data Source - Overall, the most common source of insight is customer research, followed by social feeds which are monitored by 68 percent of Australian, 60 percent of UK and Indian and only 38 percent of US leaders. Other ways executives gather information includes using analytics from a content management system or implementing a designated customer insights task force. Customer Engagement - Gathering data from multiple sources is universally valued, but 87 percent of executives report having an internal team dedicated to their customers. Additionally, 58 percent of US and 48 percent of Australian executives say they speak to their customers themselves, which is far more than 32 percent in India and 22 percent in the UK. The Future of Work Across continents, nearly half of all courageous leaders describe their company culture as “team-first,” meaning they hire primarily for cultural fit, with skills and experience the second consideration. A third define their company as having an “elite” culture, described as hiring only the best to change the world by untested means. Subject Matter Experts - An overwhelming majority of Courageous Executives (90 percent) emphasized the importance of key hires, stating that discovering subject matter experts and new talents helps their context and credibility and is crucial to success. Tech’s Impact - 70 percent believe that replacing white-collar workers with technology is a natural progression and to be expected. To prepare for the potential impact of technology on the workforce, 87 percent of leaders admit to researching new technologies that may help them save on staff costs. 83 percent also agree that they’re preparing for the impact of technology replacing their workers by limiting new hires to reduce ongoing overhead. To download the report visit www.thoughtworks.com/courage Methodology Developed by ThoughtWorks’, this report is based on data collected by Northstar Research Partners from C-Suite executives from Fortune 500 companies with 100 employees or more, 87 percent of whom have occupied their office for at least three years and 79 percent reporting more than $100 million in revenue. The executives are primarily Presidents or Chief Executive Officers, the data also includes insights from the full C-suite including CIOs, CMOs, COOs, CTOs from a variety of industries from finance and retail to healthcare and manufacturing and more. About ThoughtWorks We are a software company and community of passionate purpose-led individuals. We think disruptively to deliver technology to address our clients' toughest challenges all while seeking to revolutionize the IT industry and create positive social change. CCH Integrator™ Now Offers Robotic Data Transformation for Corporate Tax Compliance 2017-07-19T23:00:00Z cch-integrator-now-offers-robotic-data-transformation-for-corporate-tax-compliance-1 Wolters Kluwer Tax & Accounting today launched its latest compliance offering for the corporate tax manager in Australia. The new CCH Integrator™ module transforms Australian Local File reporting for transfer pricing and business information, a component of the OECD/G20 Base Erosion and Profit Shifting Project (BEPS). Utilising robotic technology, a bot will now facilitate and dramatically improve the automated processing, validation and electronic lodgement of reports for intercompany transaction data straight through to the Australian Taxation Office (ATO). Robotic data transformation is the latest tool for the corporate tax management process in de-risking reporting and compliance requirements and minimising any potential infringements and penalties. In a move away from traditional reporting formats, eligible Significant Global Entities are now required to report transfer pricing and business information electronically to the Australian Taxation Office via Standard Business Reporting (SBR) methods. With these reports requiring further transposition into the ATO’s specific eXtensible Business Reporting Language (XBRL) format – even following typical spreadsheet preparation - an automated software offering can significantly reduce the additional complexity, risk and increased administration time for the corporate tax manager. The integration of robotics and further automated workflow within CCH Integrator™ is designed to streamline these manual operations and counter any possible workload increases for Australian Local File reporting, potentially by up to 30 days. Local File preparation and electronic lodgement complexities are extremely challenging for organisations relying on traditional business management software tools, particularly spreadsheets. The CCH Integrator™ Australian Local File solution solves this challenge by managing, streamlining and automating the preparation, review and Standard Business Reporting electronic filing of specific transfer pricing and business data. The locally-developed robotic module, “Bob” will see CCH Integrator™ machine automation enable robotic data transformation for corporate tax compliance for the first time. “Bob” can be taught to automate routine data transformation tasks, taking data from one format to another, which is commonly required in compliance and regulatory reporting. “Bob” can transform, cleanse, filter, enhance, summarise and validate transactions for Local File disclosures. Teaching “Bob” how to transform the data reduces key person dependencies and improves the audit trail of how disclosures have been prepared. “For some time, we have tracked the workload and system challenges corporate tax managers face daily,” outlined Russell Evans, Chief Executive Officer, Wolters Kluwer Tax & Accounting, Asia Pacific & Brazil. “The sheer volume of reporting and compliance in the corporate tax function can be described as overwhelming. The launch of this new robotic software solution is in line with our approach to what we believe is the future - intelligent tax reporting. We are confident that leveraging higher levels of automation is key to supporting the tax manager’s journey away from a focus on compliance to more strategic and higher value advisory,” he said. The CCH Integrator™ solution for transfer pricing compliance is available directly through Wolters Kluwer, or via participants of the recently launched Certified Implementer Programme. About Wolters Kluwer Tax & Accounting Wolters Kluwer Tax & 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 & 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). CCH Integrator™ Now Offers Robotic Data Transformation for Corporate Tax Compliance 2017-07-19T23:00:00Z cch-integrator-now-offers-robotic-data-transformation-for-corporate-tax-compliance Wolters Kluwer Tax & Accounting today launched its latest compliance offering for the corporate tax manager in Australia. The new CCH Integrator™ module transforms Australian Local File reporting for transfer pricing and business information, a component of the OECD/G20 Base Erosion and Profit Shifting Project (BEPS). Utilising robotic technology, a bot will now facilitate and dramatically improve the automated processing, validation and electronic lodgement of reports for intercompany transaction data straight through to the Australian Taxation Office (ATO). Robotic data transformation is the latest tool for the corporate tax management process in de-risking reporting and compliance requirements and minimising any potential infringements and penalties. In a move away from traditional reporting formats, eligible Significant Global Entities are now required to report transfer pricing and business information electronically to the Australian Taxation Office via Standard Business Reporting (SBR) methods. With these reports requiring further transposition into the ATO’s specific eXtensible Business Reporting Language (XBRL) format – even following typical spreadsheet preparation - an automated software offering can significantly reduce the additional complexity, risk and increased administration time for the corporate tax manager. The integration of robotics and further automated workflow within CCH Integrator™ is designed to streamline these manual operations and counter any possible workload increases for Australian Local File reporting, potentially by up to 30 days. Local File preparation and electronic lodgement complexities are extremely challenging for organisations relying on traditional business management software tools, particularly spreadsheets. The CCH Integrator™ Australian Local File solution solves this challenge by managing, streamlining and automating the preparation, review and Standard Business Reporting electronic filing of specific transfer pricing and business data. The locally-developed robotic module, “Bob” will see CCH Integrator™ machine automation enable robotic data transformation for corporate tax compliance for the first time. “Bob” can be taught to automate routine data transformation tasks, taking data from one format to another, which is commonly required in compliance and regulatory reporting. “Bob” can transform, cleanse, filter, enhance, summarise and validate transactions for Local File disclosures. Teaching “Bob” how to transform the data reduces key person dependencies and improves the audit trail of how disclosures have been prepared. “For some time, we have tracked the workload and system challenges corporate tax managers face daily,” outlined Russell Evans, Chief Executive Officer, Wolters Kluwer Tax & Accounting, Asia Pacific & Brazil. “The sheer volume of reporting and compliance in the corporate tax function can be described as overwhelming. The launch of this new robotic software solution is in line with our approach to what we believe is the future - intelligent tax reporting. We are confident that leveraging higher levels of automation is key to supporting the tax manager’s journey away from a focus on compliance to more strategic and higher value advisory,” he said. The CCH Integrator™ solution for transfer pricing compliance is available directly through Wolters Kluwer, or via participants of the recently launched Certified Implementer Programme. About Wolters Kluwer Tax & Accounting Wolters Kluwer Tax & 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 & 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). Wolters Kluwer Named Asia Tax Technology Firm of the Year at International Tax Review’s Asia Tax Awards 2017 2017-05-10T04:31:01Z wolters-kluwer-named-asia-tax-technology-firm-of-the-year-at-international-tax-review-s-asia-tax-awards-2017-1 Wolters Kluwer Tax & Accounting today announced it has been named as Asia Tax Technology Firm of the Year by International Tax Review. The award was presented at the Asia Tax Awards ceremony in Singapore on Thursday May 4. The Asia Tax Technology Firm of the Year award recognises the technology provider whose product has improved the efficiency of an in-house tax department. The winning innovation from Wolters Kluwer, CCH Integrator™, is designed to automate corporate tax compliance and reporting locally and globally. CCH Integrator™ represents a strategic approach to information management and reporting, responding swiftly to changing market conditions or regulatory flux. Today it is in use by the top 10 financial institutions within Australia and all Big 4 professional services firms rely on CCH Integrator™ to generate local tax returns and statutory financial statements. “To be nominated and win the Asia Tax Technology Firm of the Year is a highly competitive process. CCH Integrator deserves this accolade courtesy of its growing use and effectiveness in the region,” said Ralph Cunningham of International Tax Review. “We are very proud to be recognised as Asia Tax Technology Firm of the Year by International Tax Review,” says Russell Evans, Chief Executive Officer, Wolters Kluwer Asia Pacific & Brazil. “This win highlights our commitment and proven track record of innovation and service to the tax and accounting sector. We look forward to continuing to deliver new and enhanced innovations to add value to our client’s business.”About Wolters Kluwer Tax & AccountingWolters Kluwer Tax & 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 & 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 2015 annual revenues of €4.2 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).   PwC Australia joins Wolters Kluwer Certified Implementer Programme for CCH Integrator™ transfer pricing solution 2017-05-02T23:15:00Z pwc-australia-joins-wolters-kluwer-certified-implementer-programme-for-cch-integrator-transfer-pricing-solution Wolters Kluwer Tax & Accounting today announced PwC Australia would be the first of the Big 4 professional services firms to join its Certified Implementer Programme (CIP) for the CCH Integrator™ solution for transfer pricing compliance. PwC Australia’s transfer pricing practice will work with its clients to implement CCH Integrator™ to assist them to meet recently updated OECD and ATO tax requirements. PwC Australia’s transfer pricing practice has experienced and dedicated transfer pricing specialists in each of Australia’s the major cities.  The team works with clients to understand their business and assist them to meet their transfer pricing compliance and reporting obligations.  In an increasingly complex and changing environment, technology is now more than ever a key driver of efficiency and accuracy. As part of the CIP, PwC Australia will have access to regular training, live demonstrations of new features and benefits of CCH Integrator™ ahead of the market and access to support from Wolters Kluwer to support its status as a fully-certified implementer of CCH Integrator™. “We have a number of clients that have chosen to implement CCH Integrator to help them meet their transfer pricing compliance obligations, particularly in light of the new OECD and ATO requirements. This relationship will enable us to serve our clients as we combine our transfer pricing expertise with an in-depth knowledge of CCH Integrator’s transfer pricing modules” said Nick Houseman PwC Australia’s Transfer Pricing leader. Wolters Kluwer’s CCH Integrator™ solution is designed to automate tax compliance and reporting locally and globally. CCH Integrator™ represents a strategic approach to information management and reporting, responding swiftly to changing market conditions or regulatory flux. It is used by 15,000+ users across 80+ countries to help streamline and simplify group tax reporting, direct tax, indirect tax, international tax and financial reporting. “Corporations in Australia are continuously seeking to streamline tax compliance and reporting through technology automation and controls. This lets them free up the capacity of tax and finance professionals to focus on value add activity. PwC Australia will work with its clients to assist them to best realise the benefits of CCH Integrator™ and deliver optimal outcomes over time as the organisation’s people, process and technology matures,” says Jim Edwards, Director of Corporate Reporting Solutions, Wolters Kluwer.  /Ends  About Wolters Kluwer Tax & AccountingWolters Kluwer Tax & 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 & 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 2015 annual revenues of €4.2 billion. The company, headquartered in Alphen an 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). Wolters Kluwer CCH iQ wins Gold Stevie® Award in 2017 Asia-Pacific Stevie Awards 2017-04-26T22:45:00Z -353 Wolters Kluwer Tax & Accounting today announced its solution, CCH iQ, has been named the winner of a Gold Stevie® Award in the Innovation in Technology Development - Services Industries category in the fourth annual Asia-Pacific Stevie Awards.   CCH iQ is the tax and accounting industry’s first solution to rely on artificial intelligence to redefine how accounting firms do business in the cloud. The analytical tool set in CCH iQ matches hundreds of annual tax events and maps potential outcomes to specific clients. Automated communications templates create a proactive client engagement plan, with planned outcomes including new high value advisory actions and profitable revenue streams. “We are delighted to have won a Gold Stevie Award for CCH iQ. With over 700 nominations from the Asia Pacific region, we are proud that our innovation and commitment to the tax and accounting industry is recognised as a stand out business success,” says Russell Evans, Chief Executive Officer, Wolters Kluwer Asia Pacific & Rest of World. “We truly are excited about the opportunities CCH iQ can create as we work with accounting firms to better prepare and manage the challenges of transformation.” The Asia-Pacific Stevie Awards are the only business awards program to recognise innovation in the workplace in all 22 nations of the Asia-Pacific region.  The Stevie Awards are widely considered to be the world's premier business awards, conferring recognition for achievement in programs such as The International Business Awards for fifteen years.   “We are very pleased that this program continues to grow in entries and prestige,” said Michael Gallagher, president and founder of the Stevie Awards.  “The judges were very impressed with the stories of achievement submitted by organisations throughout the region.  We extend our warmest congratulations to all of this year’s Gold, Silver and Bronze Stevie Award winners.”   This inaugural win in the Asia Pacific Stevie® Awards follows the company’s successful recognition by the International Business Awards held in the United States. Wolters Kluwer Tax & Accounting has previously won Bronze Stevie® Awards in 2016 for its CCH Code Connect and CCH iFirm solutions, as well as a Silver Stevie® Award for New Product of the Year for its CCH IntelliConnect solution in 2015.About Wolters Kluwer Tax & AccountingWolters Kluwer Tax & 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 & 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 2015 annual revenues of €4.2 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). Wolters Kluwer CCH iQ shortlisted as finalist for Innovator of the Year Category at Accountants Daily’s Australian Accounting Awards 2017 2017-04-18T22:30:00Z wolters-kluwer-cch-iq-shortlisted-as-finalist-for-innovator-of-the-year-category-at-accountants-daily-s-australian-accounting-awards-2017-1 Wolters Kluwer Tax & Accounting today announced its solution, CCH iQ, has been shortlisted as a finalist for Innovator of the Year at the Accountants Daily’s Australian Accounting Awards 2017. Now in its fourth consecutive year, the Australian Accounting Awards, which cover 26 categories, recognises individual excellence in accounting, from the profession’s most senior ranks to its rising stars. The winners will be announced at a black-tie awards dinner on Friday, 26 May at the Sofitel Sydney Wentworth.   Wolters Kluwer’s CCH iQ is the company’s artificial intelligence solution to help accountants take the next leap in shifting from retrospective compliance to proactive advisory work. CCH iQ is different – it has been designed to redefine how accounting firms do business in the cloud. It works by allowing firms to drive actionable outcomes and extend their service offering. It does this by integrating existing CCH iKnow content, a one-stop online portal of valuable industry resources, tools and data with CCH iFirm software in a truly unrivalled end-to-end solution. With CCH iQ, accounting firms can make better use of the data intelligence they already have at hand. Analytical tools match hundreds of annual tax events – such as changes to tax laws - and client data – such as tax returns – and map potential outcomes to specific clients. A range of client communications templates can be used for accounting firms to proactively engage with their clients – generating a pipeline of high value advisory actions. “The opportunity for CCH iQ’s predictive accounting capabilities can shift accountants away from basic compliance work and instead let them focus on advice and consulting on complex, challenging issues, letting them play a more involved and significant role within organisations big and small. We are very proud to have been recognised as a finalist in the Innovator of the Year Category. We are excited about the opportunities CCH iQ can create as we work with firms to better prepare and manage the industry-wide transformation juggernaut,” says Russell Evans, Chief Executive Officer, Wolters Kluwer Asia Pacific & Rest of World. Accountants Daily is a leading online publication designed with accountants in mind, focusing specifically on the issues and industry developments that are of greatest significance to the accounting profession. Accountants Daily delivers daily news, analysis and reports, plus a host of feature articles, all geared to help Australia’s accounting professionals drive business growth.About Wolters Kluwer Tax & AccountingWolters Kluwer Tax & 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 & 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 2015 annual revenues of €4.2 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). MEDIA RELEASE: Moneytree Completes a JPY 1 Billion Funding Series B Funding Round 2017-03-21T21:30:00Z media-release-moneytree-completes-a-jpy-1-billion-funding-series-b-funding-round-2 MEDIA RELEASE 22 March 2017 Moneytree Completes a JPY 1 Billion Funding Series B Funding Round: SBI Investment and major regional banks join mega bank-affiliated venture  capital firms and a leading UK asset management company as investors Moneytree KK (Shibuya, Tokyo) has completed a Series B funding round that will drive its further expansion in the rapidly developing global fintech industry, including entering the Australian market within the coming months. The development paves the way for unprecedented connectivity across the financial services sector with Moneytree providing tools and services that enable individuals and businesses to aggregate and control all their financial data in a single place.  Moneytree will use the funding to add functionality to its popular personal finance management app, as well as to invest in deepening the capabilities of its Moneytree LINK platform (https://link.moneytree.jp) that connects financial institutions and customers through a permission-based data-sharing platform.  Moneytree CEO Paul Chapman said: “We are accelerating Moneytree’s growth to deliver seamless access to Japan’s financial services. In coming months, we will expand beyond the Japanese market and become a regional player, working for positive change, and cementing a position as the most trusted financial data portability platform.” Funds were raised from SBI Investment Co., Ltd., Fukuoka Technology Partners Co., Ltd., Hiroshima Venture Capital Co., Ltd., Senshu Ikeda Capital Company Ltd., and noted British asset management company Baillie Gifford & Co., as well as reinvestment from Series A round investors Mizuho Capital Co., Ltd., SMBC Venture Capital Co., Ltd., and salesforce.com, inc. The total amount raised exceeds JPY 1 billion. SBI Investment Co., Ltd. led the round.  The participation of British asset management company Baillie Gifford & Co. signals a significant step forward in Moneytree’s plans for overseas expansion.  Moneytree LINK has secured over twenty customer and partner companies since 2015. Japanese ‘mega banks’ Mizuho Bank Ltd and Sumitomo Mitsui Banking Corporation have adopted Moneytree LINK, with leading regional bank Senshu Ikeda also on the platform.  Moneytree LINK powers solutions from ten accounting software providers, making it the number one platform in the Japanese accounting industry. Moneytree will increase headcount across the organisation, including Development, Platform, Sales, Marketing and back office.  Mr. Chapman added: “As the fintech market expands rapidly, Moneytree remains focused on our core values of security, privacy, and transparency. As a platform, we will continue to maintain neutrality with regards to partner type, vertical, and even size.” -ends- About Moneytree Moneytree KK was founded in 2012 in Japan with the mission of bringing consumers, small businesses, and banks closer together. The Moneytree mobile app, introduced in 2013, allows users to automatically manage their bank accounts, credit cards, electronic money, mileage, points, and securities all together in one place on mobile and desktop. The app was awarded Apple’s App Store “Best of” in 2013 and 2014.  In 2015, Moneytree launched Moneytree LINK, a service that connects financial institutions and customers through a permission-based data sharing platform. It is aimed at creating value in the fields of accounting, finance, real estate rent management, automobile maintenance, expense settlements, invoice issuance, and asset management.  That same year, Moneytree received an unprecedented round of simultaneous investment by the venture capital arms of all three Japanese mega banks. Moneytree was also chosen by IBM as its first official Fintech API partner, and selected for MasterCard’s Start Path accelerator program.  Please address media inquiries to: AUSTRALIA Eric Robledo Honner TEL: +61 02 8248 3739 E-mail: eric@honner.com.au     JAPAN Kaori Kitakata Moneytree KK Communications Officer TEL: +81 03-4588-0621  E-mail: press@moneytree.jp URL: https://moneytree.jp MEDIA RELEASE 22 March 2017 Moneytree Completes a JPY 1 Billion Funding Series B Funding Round: SBI Investment and major regional banks join mega bank-affiliated venture  capital firms and a leading UK asset management company as investors Moneytree KK (Shibuya, Tokyo) has completed a Series B funding round that will drive its further expansion in the rapidly developing global fintech industry, including entering the Australian market within the coming months. The development paves the way for unprecedented connectivity across the financial services sector with Moneytree providing tools and services that enable individuals and businesses to aggregate and control all their financial data in a single place.  Moneytree will use the funding to add functionality to its popular personal finance management app, as well as to invest in deepening the capabilities of its Moneytree LINK platform (https://link.moneytree.jp) that connects financial institutions and customers through a permission-based data-sharing platform.  Moneytree CEO Paul Chapman said: “We are accelerating Moneytree’s growth to deliver seamless access to Japan’s financial services. In coming months, we will expand beyond the Japanese market and become a regional player, working for positive change, and cementing a position as the most trusted financial data portability platform.” Funds were raised from SBI Investment Co., Ltd., Fukuoka Technology Partners Co., Ltd., Hiroshima Venture Capital Co., Ltd., Senshu Ikeda Capital Company Ltd., and noted British asset management company Baillie Gifford & Co., as well as reinvestment from Series A round investors Mizuho Capital Co., Ltd., SMBC Venture Capital Co., Ltd., and salesforce.com, inc. The total amount raised exceeds JPY 1 billion. SBI Investment Co., Ltd. led the round.  The participation of British asset management company Baillie Gifford & Co. signals a significant step forward in Moneytree’s plans for overseas expansion.  Moneytree LINK has secured over twenty customer and partner companies since 2015. Japanese ‘mega banks’ Mizuho Bank Ltd and Sumitomo Mitsui Banking Corporation have adopted Moneytree LINK, with leading regional bank Senshu Ikeda also on the platform.  Moneytree LINK powers solutions from ten accounting software providers, making it the number one platform in the Japanese accounting industry. Moneytree will increase headcount across the organisation, including Development, Platform, Sales, Marketing and back office.  Mr. Chapman added: “As the fintech market expands rapidly, Moneytree remains focused on our core values of security, privacy, and transparency. As a platform, we will continue to maintain neutrality with regards to partner type, vertical, and even size.” -ends- About Moneytree Moneytree KK was founded in 2012 in Japan with the mission of bringing consumers, small businesses, and banks closer together. The Moneytree mobile app, introduced in 2013, allows users to automatically manage their bank accounts, credit cards, electronic money, mileage, points, and securities all together in one place on mobile and desktop. The app was awarded Apple’s App Store “Best of” in 2013 and 2014.  In 2015, Moneytree launched Moneytree LINK, a service that connects financial institutions and customers through a permission-based data sharing platform. It is aimed at creating value in the fields of accounting, finance, real estate rent management, automobile maintenance, expense settlements, invoice issuance, and asset management.  That same year, Moneytree received an unprecedented round of simultaneous investment by the venture capital arms of all three Japanese mega banks. Moneytree was also chosen by IBM as its first official Fintech API partner, and selected for MasterCard’s Start Path accelerator program.  Please address media inquiries to: AUSTRALIA Eric Robledo Honner TEL: +61 02 8248 3739 E-mail: eric@honner.com.au     JAPAN Kaori Kitakata Moneytree KK Communications Officer TEL: +81 03-4588-0621  E-mail: press@moneytree.jp URL: https://moneytree.jp   8common expands Federal Government presence with new Expense8 customer Department of the Prime Minister and Cabinet 2016-09-27T05:30:00Z 8common-expands-federal-government-presence-with-new-expense8-customer-department-of-the-prime-minister-and-cabinet Federal Treasury relationship yields new Expense8 customer – Department of the Prime Minister and Cabinet Total Contract Value for this customer contract is projected to be $395,000 for the 3 year period Latest milestone consolidates 8common’s position among the leading players in the Travel Expense Management space Sydney, Australia – 27 September 2016: Software technology group 8common Limited (ASX: 8CO), today announced it has received final sign off from the Department of the Prime Minister and Cabinet (PMC) to roll out its Expense8 travel and expense management enterprise software as a service (SaaS) solution. This win leveraged 8common’s relationship with the Federal Department of Treasury.   The initial contract is for a period of three years with provisions for extension for another two years. The PMC win will add to 8common’s committed Annual Recurring Revenue (ARR) and additional monthly transaction revenues with the pre-trip approval travel and receipt matching modules.   “We are very pleased with the positive feedback we have been receiving from the government sector regarding Expense8, 8common’s integrated travel and expense management SaaS solution,” said Nick Gonios, CEO of 8common Limited. “We look forward to working with the Department of the Prime Minister and Cabinet to drive greater process and cost efficiencies.”   The Department of the Prime Minister and Cabinet welcomes the implementation of Expense8 and is working closely with 8common. This milestone represents a key step toward their new travel and expense management operating model.   Expense8 is a leading travel and expense management product with an integrated software solution that streamlines the accounting, reporting, tax compliance (GST, FBT) and governance of employee generated expenses and corporate travel bookings. Tailored for each client, Expense8 provides organisations with all the tools needed for employees to plan and book business trips; and reconcile travel and corporate expenses.   Expense8 government customers include Federal Department of Finance, NSW Department of Education, NSW Police, whole of Northern Territory Government, and Transport for NSW.  About 8common Limited and Expense8 The 8common Group (www.8common.com) is listed on the Australian Securities Exchange (ASX:8CO). It is an enterprise software company delivering performance and productivity products to government agencies, large corporates and multinationals globally. Expense8 is a leading travel and expense management (TEM) product with an integrated software solution that streamlines the accounting, reporting, tax compliance (GST, FBT) and governance of employee generated expenses and corporate travel bookings.  MEDIA CONTACTS: Corrie McLeod/Amy Rathbone Espresso Communications 02 8016 22008common@espressocomms.com.au Transport for NSW migrates to Expense8 SaaS-based expense management platform 2016-07-25T01:14:33Z transport-for-nsw-migrates-to-expense8-saas-based-expense-management-platform Long-term customer Transport for NSW adopts Expense8 SaaS solution Three year contract will yield a minimum 23% ARR increase for this customer Sydney, Australia – 25 July 2016 – Software technology group 8common Limited (ASX: 8CO), today announced it has received final sign off from long-term customer Transport for NSW to migrate to the Expense8 expense management platform on a Software as a Service (SaaS) basis and has subsequently gone live.   Expense8 replaces the previous iCMS product that Transport for NSW, together with Sydney Trains, NSW Trains, and RMS, has been a customer of for 16 years. The three year contract will provide a positive impact to this financial year and beyond with a minimum Annual Recurring Revenue (ARR) increase of 23% for the customer contract.   Nick Gonios, CEO of 8common Limited, said “We are pleased to announce another longstanding iCMS customer has committed to an Expense8 migration in the cloud. It provides further evidence that our continued investment into product development is delivering value to both existing and new customers.”   Donna Rodrom, Transport for NSW’s Principal Manager Accounts Payable, said “Expense8’s cloud-based expense management solution provides a simple path to streamlining our procurement-card processes across Transports’ agency cluster enabling us to focus on gaining better visibility on procurement-card spend together with greater process and cost efficiencies.”   Expense8 is an integrated software solution that streamlines the accounting, reporting, tax compliance (GST, FBT) and governance of employee generated expenses and corporate travel bookings. Tailored for each client, Expense8 provides organisations with all the tools needed for employees to plan and book business trips; and reconcile travel and corporate expenses.   Expense8 government customers include Federal Treasury, Federal Department of Finance, NSW Department of Education, NSW Police and the Northern Territory Government.  About 8common Limited and Expense8 The 8common Group (www.8common.com) is listed on the Australian Securities Exchange (ASX:8CO). 8common Group develops enterprise Performance and Productivity software products that support government agencies, large corporations, multinational organisations and specialist professional verticals. 8common comprises of three core products: Expense8, Perform8 and Realtors8.   Expense8 is an integrated software solution that streamlines the accounting, reporting, tax compliance (GST, FBT) and governance of employee generated expenses and corporate travel bookings.  MEDIA CONTACTS: Corrie McLeod/Amy Rathbone Espresso Communications 02 8016 22008common@espressocomms.com.au A MODERN WORLD OF TOO MUCH CHOICE FOR 90% OF AUSSIES 2016-07-17T20:00:07Z a-modern-world-of-too-much-choice-for-90-of-aussies A new study has found almost 90 per cent of Aussies say they find making decisions increasingly difficult, due to more choice and less time, often resulting in ‘buyer’s remorse’. The ‘Decision Drivers Report by Choosi’ is the first in its series and aims to uncover generational shifts, barriers and drivers of our behavior in the modern world. The research uncovered Australians are more likely to seek advice from sources online than in person. In fact, the data shows we spend on average 50 minutes online seeking advice compared to 41 minutes receiving advice face to face. Further data shows we may be turning to online sources as a result of our increasingly busy lifestyles with more than half of Australians (51%) saying they have less time to make decisions nowadays. Senior Sales Manager and Choosi spokesperson Katrina Foster said, “Our research revealed an incredible amount about what is influencing not only how we spend our money, but who we trust to help us make the right choices,” she said. Advice from mum and dad fares the worst with the research showing they usually rank last as a decision making resource, while peers are usually chosen over family members as a source of information to make decisions (33% vs. 24%). “What is also interesting is how we rate ourselves as decision makers. While Baby Boomers strongly see themselves as the best decision makers compared to other age groups (86.1%), other generations do not agree. In fact they see Gen X as the best decision makers when it comes to purchasing both big and small ticket items,” said Mrs Foster. Despite the plethora of information available today, the research indicates the amount of choice we have access to may be making it harder to make decisions when it comes to purchasing in particular. “It is promising to see that less than 1 in 10 Australians feel out of control with regards to their finances with more than half (51.5%) putting a budget in place to purchase large ticket items. Whilst 54% of people would either put a budget in place (29.2%) or walk away (24.8%) from making a small purchase if they didn’t have the savings available,” said Mrs Foster. However, the data revealed that 50% of Australians are less rational with their spending and more frivolous when they are on holidays, whereas almost a third (32%) make more impulsive purchasing decisions whilst food shopping when they are hungry. Furthermore, the data revealed Australians are also less cautious with their spending when spoiling their children (24%) and shopping online (21%). Whilst it is clear emotions have a strong impact on our decision making, almost half of Australians (41%) admit that buying with our hearts instead of our heads is a key factor contributing to buyer’s remorse. One in three Australians (29%) say they have made a large purchasing decision that they have come to regret. Whilst another two in three Australians (70%) have bought things that they have never used. Michael Volkov, Consumer Behaviour Researcher from Deakin University said, “While history may tell us that family are our biggest influencers, as we’re spending less time at the dinner table and more time on our devices, we are increasingly placing our trust outside the family home.” “With access to so many websites, blogs, forums and social groups we are often faced with conflicting or too much information, which in turn causes analysis paralysis or worse, buyer’s remorse,” said Mr Volkov. It’s not only the big purchases we struggle with. For example, Choosi’s latest research shows buying a new tech gadget (36%) and even deciding on what to eat for dinner (28%) are more challenging than deciding where to live (22%). Choosing the right insurance however, tends to be the biggest struggle for most Australians according to the survey. Whilst we opt for online support to make our decisions most frequently, peer support is still highly valued with about three in five respondents (62.6%) claiming to have been influenced by someone, at least to some extent, when making a recent and important decision. “Online advice is so accessible and connects us to endless amounts of information in an instant, but it’s clear we risk making the wrong choice without the help from a source that we really trust,” said Mrs Foster. Supporting data is available at choosi.com.au https://www.choosi.com.au/blog/aussies-spoilt-for-choice-in-information-overload Media Enquiries Lucinda Bell Account Executive Hill + Knowlton Strategies p: 02 9286 1215 m: 0439 020 024 e: lucinda.bell@hkstrategies.com About Choosi Choosi provides information to help customers compare, choose and apply for a range of insurance products online and over the phone Choosi’s free comparison service lets you compare the benefits and prices of a range of popular insurers, so you can confidently choose cover that suits your needs, your budget and lifestyle. About the ‘Decision Drivers Report by Choosi’ In order to explore the role of decision making in modern Australian society, CoreData surveyed 1,000 typical Australians across the nation in mid-May 2016. The sample collection employed soft quotas to monitor representativeness of the Australian population. Hard quotas by state were also engaged to ensure all the main states were represented with sufficiently robust samples (NSW = 200, VIC = 200, QLD = 200, WA = 200, Remaining states/territories = 200). Plato Global Share Income Fund targets high income 2016-06-06T01:04:49Z plato-global-share-income-fund-targets-high-income ~~6 June 2016: The Plato Global Shares Income Fund (Fund) has distributed 4 per cent net income to investors in its first 6 months* and outperformed the benchmark by +1 per cent* net active performance since inception. Launched on 30th November 2015, the Fund is believed to be the first global share income fund in Australia that’s designed specifically for retirement income and is well positioned to meet its annual target of 6 per cent net income Managed by Plato Investment Management Limited, a retirement income equities specialist, the Fund is one of four high income equity funds managed specifically for the income needs of retirees in pension phase superannuation. Plato Managing Director, Dr Don Hamson said “We are delighted that we have to date proved our belief that global equities can deliver solid income without compromising returns. “Australian retirees and their advisers can be nervous about investing outside of domestic stocks, but this shouldn’t be the case. Global equities can provide excellent diversification out of Australia’s bank-heavy dividend market, and we believe the Plato Global Shares Income Fund will show that it is possible for global equities to provide strong income as well.  “With Australian interest rates low and the Australian equity market heavily dependent on a handful of stocks for its dividend income, global equities are a great way to balance out the home risk,” he added. To capitalise on the global opportunities, Plato has created two Funds - the Plato Global Shares Income Fund – an unhedged global developed equity income fund - and the Plato Global Shares Income Fund ( Managed Risk) which uses the Milliman Managed Risk Strategy™ to aim to stabilise portfolio volatility, capture growth in up markets, and defend against losses during major downturns.  These funds complement the existing Plato domestic equity income funds - the Plato Australian Shares Income Fund and the Plato Australian Shares Income Fund (Managed Risk). For more information, please contact 1300 010 311 or email distribution@pinnacleinvestment.com.au *All data is as at 31 May 2016.  Benchmark is the MSCI World (ex Australia, Net Returns Unhedged). Returns are quoted for the Fund’s F Class units and are net of fees. Past performance is not a reliable indicator of future performance and investment returns of less than one year should not be relied upon as any guide to future performance. Actual returns may vary from any target returns described in this document. -ENDS- Media Enquiries: Louise Nealon, CallidusPR T: (02) 9283 4114/ 0403 569 177 E: louise@calliduspr.com About Plato Investment Management Limited Plato Investment Management Limited is an investment management firm specialising in objective-based global and Australian equity investment solutions for wholesale and retail investors.  Plato has a particular focus on managing money for retirees who have distinctive tax and income requirements.  Majority owned and operated by its investment staff, Plato is supported by its minority equity partner, Pinnacle Investment Management Limited, a leading multi-affiliate investment management firm. For more information please visit www.plato.com.au Interests in the Plato Global Shares Income Fund (ARSN 608 130 838), Plato Global Shares Income Fund (Managed Risk) (ARSN 610 438 269), Plato Australian Shares Income Fund (Managed Risk) (ARSN 126 577 820) and Plato Australian Shares Income Fund (ARSN 152 590 157) (‘Plato Funds’) are issued by Pinnacle Fund Services Limited, ABN 29 082 494 362 AFSL 238371, the Responsible Entity of the Plato Funds. The Responsible Entity is not licensed to provide financial product advice. A copy of the most recent Product Disclosure Statement (‘PDS’) for the Plato Funds can be located at www.plato.com.au/retail-funds.  You should consider the relevant PDS and consult your financial adviser before making an investment decision. Plato Investment Management Limited (ABN 77 120 730 136, Corporate Authorised Representative No. 304964) (‘Plato’) is the investment manager of the Fund. Pinnacle Fund Services Limited and Plato believe the information contained in this communication is reliable, however its accuracy, reliability or completeness is not guaranteed. Any opinions or forecasts reflect the judgment and assumptions of Plato and its representatives on the basis of information at the date of publication and may later change without notice. The information is not intended as a securities recommendation or statement of opinion intended to influence a person or persons in making a decision in relation to investment. This communication is for general information only. It has been prepared without taking account of any person’s objectives, financial situation or needs. Any persons relying on this information should obtain professional advice relevant to their particular circumstances, needs and investment objectives.