Tech News: Wolters Kluwer launches ESG division

Accounting solutions provider Wolters Kluwer announced the launch of a new division, Corporate Performance & ESG, which will be composed of other global software units within the company: Corporate Performance (CCH Tagetik; including U.S. Corporate Tax); EHS/ORM Software (Enablon); Finance, Risk & Reporting and Internal Audit Solutions (TeamMate).

Corporate Performance & ESG will be led by Karen Abramson, CEO of Wolters Kluwer's Tax & Accounting division for the past nine years. The Governance, Risk & Compliance division will become Financial & Corporate Compliance and will comprise CT Corporation and Compliance Solutions, which provide legal services and banking compliance software, content, and lien solutions to mainly U.S. businesses. Steve Meirink, executive vice president and general manager of compliance solutions, will be appointed CEO of Financial & Corporate Compliance. Wolters Kluwer's Enterprise Legal Management unit, currently part of the GRC division, will be transferred to the Legal & Regulatory division for closer alignment with the legal software business.

Intuit launched TurboTax Live Full Service in Español, which comes with fully translated shopping and onboarding experiences. TurboTax's Live offerings also tap into the company's AI-driven expert platform that matches filers with an experienced bilingual tax expert to handle their unique tax situation and prepare, sign, and file their taxes for them. The bilingual options are part of a larger initiative undertaken by Intuit to better connect with the Latino community, which also includes several marketing campaigns.

Accounting and business intelligence solutions provider Sage announced several new features to Sage Intacct. One is accounts payable automation, including paperless approval routing, automated payment processing, automated reconciliation, and reporting. Another new feature is automated usage billing for subscriptions, allowing users to automate their financial processes without the need to bolt on third-party billing applications. Finally, Sage has also made enhancements to Mateo Savings and Loan, a cloud-based Roman Catholic diocesan savings and loans solution that they acquired last year.

Sage has also made Sage Intacct Planning and Sage Intelligent Time available in South Africa and Australia, with the United Kingdom to follow in the first half of 2023; the company also made the early adopter program for Sage Intacct available in France.