Sage Software and CCH, a Wolters Kluwer business, announced that they have entered into a new agreement to expand their strategic alliance.
Sage will now have the ability to provide its customers with access to a wide range of CCH information resources and CCH is considering ways Sage solutions can be leveraged to enhance its own corporate market offerings. The companies are also exploring continued product integration between Sage accounting and ERP solutions and CCH income tax, sales and use tax, and accounting solutions.
The agreement also includes CCH's acquisition of the Sage Practice Solutions line of business, including Sage Practice Manager, Write-up and Document Manager. The transfer of the business will hopefully allow CCH to offer Sage Practice Solutions' customers better links with CCH products for a complete set of information resources, services and products from a single source. Terms of the agreement were not disclosed.
Sage Software employees supporting the Sage Practice Solutions business line will become part of the CCH team. Customers will continue to work with their Sage Practice Solutions service representatives to ensure a seamless transition to CCH.
The companies first announced their alliance aimed at delivering new solutions to the accounting market in May 2004. Since then, the two have collaborated on product integration projects between CCH ProSystem fx Tax and the Sage CPA Practice Manager and Sage FAS Asset Accounting products.
