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Wolters Kluwer Tax & Accounting joins the BDO Alliance USA community for accounting firms and professionals
Rhea-AI Impact
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Rhea-AI Sentiment
(Very Positive)
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Rhea-AI Summary
Wolters Kluwer Tax & Accounting has joined the BDO Alliance USA through its Vendor Marketing Program, enhancing access to innovative cloud-based technologies and industry insights. This collaboration aims to benefit accounting and consulting firms across the nation. Jason Marx, President & CEO, expressed excitement about sharing expertise with Alliance members. The program will empower firms to maximize digital transformation, providing a competitive edge in a changing business landscape. BDO Alliance USA aims to offer members valuable resources for growth.
Positive
Joining BDO Alliance USA strengthens Wolters Kluwer's market position.
Access to innovative cloud-based technologies enhances service offerings.
Collaboration encourages sharing of expert insights among member firms.
Negative
None.
Alliance members gain direct access to one of the industry’s leading providers of innovative cloud-based technologies and expert industry insights
NEW YORK--(BUSINESS WIRE)--
Wolters Kluwer Tax & Accounting announced today that it has joined the BDO Alliance USA community as part of its Vendor Marketing Program. The BDO Alliance USA is a nationwide association of independently owned local and regional accounting, consulting and service firms with similarclient service goals.
Working together, Wolters Kluwer Tax & Accounting North America in the US and BDO Alliance USA bring the combination of an industry leader in innovative technologies and research expertise and one of the most dynamic and influential communities for accountants.
“We are excited to be a part of this program and have the opportunity to share our deep subject matter and technology expertise with BDO Alliance USA members,” said Jason Marx, President & CEO of Wolters Kluwer Tax & Accounting North America. “While many of the Alliance’s member firms, tax & accounting professionals, and service providers already rely on our insights and expert technology solutions to help transform their practices, we are looking forward to new opportunities where we can bring our value to all BDO Alliance USA members.”
The Wolters Kluwer Tax & Accounting entry into the BDO Alliance USA Vendor Marketing Program will provide firm members direct access to the latest innovative cloud-based technologies, expert insights, and practical guidance, helping firms across the country and across the world go beyond the status quo and maximize the benefits of digital transformation as a competitive differentiator in an evolving landscape.
“We are thrilled to welcome Wolters Kluwer Tax & Accounting into our BDO Alliance USA community,” said Michael Horwitz, BDO USA, LLP Partner and Executive Director of Alliance Services. “Through our Vendor Marketing Program, we strive to offer our members a greater competitive advantage by giving them the ability to leverage innovative, value-added resources. The insights, guidance, and solutions from Wolters Kluwer Tax & Accounting will bring great value to our member firms as well as allow them to collaborate more closely on new ideas that can further help the profession address both current and future needs.”
“Working with the BDO Alliance USA and its members, builds on our leadership in the market and helps drive more value for our customers,” added Renee Davis-Malott, Vice President of Global and National Accounts, Wolters Kluwer Tax & Accounting, “we are excited about the opportunities this creates.”
About BDO Alliance USA
The BDO Alliance USA is a nationwide association of independently owned local and regional accounting, consulting and service firms with similar client service goals. The BDO Alliance USA presents an opportunity for firms, by accessing the resources of BDO USA, LLP and other Alliance members, to expand services to their clients without jeopardizing their existing relationships or their autonomy. The BDO Alliance USA was developed to provide member firms with an alternative strategy for gaining competitive advantage in the face of a changing business landscape. Participants in its Vendor Marketing Program include non-member firms that serve as vendors providing additional products and services to member firms and their clients. The BDO Alliance USA is a subsidiary of BDO USA, LLP, a Delaware limited liability partnership.
About Wolters Kluwer
Wolters Kluwer (WKL) is a global leader in professional information, software solutions, and services for the healthcare; tax and accounting; governance, risk and compliance; and legal and regulatory sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with advanced technology and services.
Wolters Kluwer reported 2020 annual revenues of €4.6 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 19,200 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands.
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 (ADR) program. The ADRs are traded on the over-the-counter market in the U.S. (WTKWY).
What does the partnership between Wolters Kluwer and BDO Alliance USA entail?
Wolters Kluwer has joined the BDO Alliance USA to provide member firms with access to innovative cloud-based technologies and expert industry insights.
What are the benefits of Wolters Kluwer joining BDO Alliance USA for shareholders?
The partnership may enhance Wolters Kluwer's market reach, potentially leading to increased revenues and shareholder value.
When did Wolters Kluwer join the BDO Alliance USA?
Wolters Kluwer announced its membership in the BDO Alliance USA on October 25, 2021.
How will the partnership impact Wolters Kluwer's business operations?
The partnership is expected to provide Wolters Kluwer with new opportunities to engage with members of the BDO Alliance USA and expand its service offerings.
What is the stock symbol for Wolters Kluwer in the U.S.?
Wolters Kluwer's stock symbol in the U.S. is WTKWY.
