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Payroll Vault vs. Wolters Kluwer CCH ProSystem fx

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Payroll Vault
Score 10.0 out of 10
Small Businesses (1-50 employees)
Payroll Vault is a boutique-style local payroll service provider that designs payroll for small business. The vendor's payroll experts fully handle the compliance-driven payroll tasks to better enable users to focus on managing their workforces and strengthening community relationships. The user works with a dedicated specialist that provides support in identifying improvements in workforce and time management.N/A
Wolters Kluwer CCH ProSystem fx
Score 7.8 out of 10
N/A
Wolters Kluwer offers the ProSystem fx Suite (also the CCH ProSystem fx Suite editions with similar capabilities), a workflow management suite with document management system for accounting firms. The solution presents centralized firm management capabilities with firm, employee and client dashboard, project and contact management, and billing / invoicing, as well as reporting and marketing capabilities.N/A
Pricing
Payroll VaultWolters Kluwer CCH ProSystem fx
Editions & Modules
No answers on this topic
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Offerings
Pricing Offerings
Payroll VaultWolters Kluwer CCH ProSystem fx
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeOptionalNo setup fee
Additional Details——
More Pricing Information
Community Pulse
Payroll VaultWolters Kluwer CCH ProSystem fx
User Ratings
Payroll VaultWolters Kluwer CCH ProSystem fx
Likelihood to Recommend
-
(0 ratings)
7.7
(0 ratings)
User Testimonials
Payroll VaultWolters Kluwer CCH ProSystem fx
Likelihood to Recommend
No answers on this topic
Wolters Kluwer CCH ProSystem fx is best suited for more experienced tax professionals that typically prepare more complicated individual returns (1040). It is also well suited for firms that prepare corporate, partnerships, estate/trusts, and other more detailed returns that require K-1's. The application is good for small and large teams due to the workflow that keeps everyone on the same page. For smaller firms that prepare simple returns, there are other products in the market to fulfill those needs.
Verified User
Anonymous
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Pros
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  • Easy to use platform
  • Document retention accessibility
  • Digital library to prevent duplication of work
AB
Andrew Bogren
Audit Manager
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Cons
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  • Sometimes opening the Document program can be slow--I have to be patient.
  • Lots of options and commands, takes some time to get used to and master the programs.
Verified User
Anonymous
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Alternatives Considered
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We use Thomson Reuters suite for payroll purposes but they do offer the same services as Wolters Kluwer does. I have heard from companies that do use Thomson Reuters tax and they are happy with it. As mentioned, I was not present at this firm when CCH was purchased so I am not sure if any comparisons were done between the two
Verified User
Anonymous
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