Welcome to our dedicated page for WOLTERS KLUWER S/ADR news (Ticker: WTKWY), a resource for investors and traders seeking the latest updates and insights on WOLTERS KLUWER S/ADR stock.
Wolters Kluwer (WTKWY) is a global leader in digital knowledge solutions and cloud software for tax, finance, accounting, and legal professionals. With offerings like the SAP Document and Reporting Compliance solution integrated with the CCH SureTax solution, Wolters Kluwer helps multinational companies manage U.S. tax filing obligations efficiently. The company serves customers in over 180 countries and reported 2022 annual revenues of €5.5 billion.
Wolters Kluwer ELM Solutions recently released the second episode of its podcast series, Legal Leaders Exchange, focusing on effective strategies for managing change in corporate legal departments. Experts Alyza Tarmohamed and Vince Venturella emphasize the importance of change management for successful legal operations. They discuss overcoming resistance to change, establishing trust, and maximizing team effectiveness during transitions. The podcast aims to optimize legal operations by leveraging insights from the LegalVIEW® Data Warehouse, which holds over $140 billion in legal spend data.
Wolters Kluwer Compliance Solutions has been recognized for its excellence in digital lending by four esteemed publications at the 2021 Mortgage Bankers Association Annual Convention & Expo. The company earned accolades including Best End-to-End Digital Lending Platform from Corporate Vision and End-to-End Digital Lending Platform of the Year from Wealth & Finance International. The awards reflect the effective integration of eOriginal's capabilities within Wolters Kluwer's solutions portfolio, enhancing compliance solutions for lenders.
Wolters Kluwer Compliance Solutions executives will highlight the shift towards digital mortgage technologies at the 2021 Mortgage Bankers Association Annual Convention in San Diego from October 17-20. The adoption of digital solutions has surged, with online mortgage transactions increasing by 141% year-over-year, driven by the COVID-19 pandemic's impact on consumer behavior. Key offerings include Remote Online Notarization (RON) and eClosing technologies that enhance transaction speed and cost-effectiveness. These advancements aim to simplify mortgage lending, offering substantial savings for independent lenders.
Wolters Kluwer Tax & Accounting has announced that its TeamMate+ Agile Audit solution was awarded the 2021 Stratus Awards for Cloud Computing, recognized in the Cloud Collaboration category. This accolade emphasizes the demand for agile tools in internal auditing, enhancing risk mitigation capabilities.
Additionally, the solution secured two Gold Globee® awards for Auditing Innovation and New Product of the Year. The accolades signify the company's commitment to cloud-based innovations in professional services.
The annual review by Wolters Kluwer Compliance Solutions identifies the top compliance shortcomings in the U.S. insurance industry. Key issues include failures in claims handling and underwriting processes. This review uses public data from 2020, highlighting ongoing risks insurers face in adhering to regulatory requirements. The report also serves as a compliance checklist to help insurers improve their operations. Notable criticisms include delayed claims processing and improper documentation. The comprehensive analysis aims to enhance compliance management among insurers.
Wolters Kluwer Tax & Accounting highlights factors that may increase an individual's chance of an IRS audit. Currently, the IRS audits approximately 0.5% of tax returns, though the likelihood varies based on specific taxpayer circumstances. Key audit triggers include obvious errors, unreported income, excess deductions, failure to adapt to tax law changes, and prior audits. The US Congress is considering further funding to enhance audit activities. This information aims to help taxpayers minimize audit risks.
FAQ
What is the current stock price of WOLTERS KLUWER S/ADR (WTKWY)?
What is the market cap of WOLTERS KLUWER S/ADR (WTKWY)?
What does Wolters Kluwer do?
What are some of Wolters Kluwer's offerings?
How many countries does Wolters Kluwer serve?
What were Wolters Kluwer's 2022 annual revenues?
Where is Wolters Kluwer headquartered?
