The North American professional tax and accounting business had double-digit organic growth for the first quarter ended March 31, Wolters Kluwer said recently.The company said growth was driven mainly by cloud software, including the CCH Axcess Suite. It also reported “continued strength of outsourced professional services and a favorable print book publishing schedule.”
The report was part of a trading update in which European companies often reporting percentage changes, but not actual revenues and profits, for the first and third quarters.
It also said software licenses and implementation revenue, was up 2-percent organically year-over-year, compared to 14-percent growth reported a year ago.
The Corporate Performance unit, comprised by CCH Tagetik and U.S. Corporate Tax also recorded double-digit organic growth,
