CCH ProSystem fx Scan vs. 1040SCAN

Which scan-and-populate solution is right for your firm?

ProSystem fx Scan vs 1040SCAN Competitive Analysis

In this webinar, SurePrep CEO David Wyle speaks with a firm who used both CCH® ProSystem fx® Scan and 1040SCAN. They compare the solutions in terms of:

  • Source document coverage
  • Efficiency and accuracy
  • Verification advancements (e.g., artificial intelligence, Auto-Verification)
  • Tax workpaper prep and review
  • Additional services

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Competitive analysis reveals key differences between CCH ProSystem fx Scan and 1040SCAN.

  • 1040SCAN automates 5x as many documents.
  • 1040SCAN offers Auto-Verification of OCR data; Pfx Scan does not.
  • Pfx Scan requires a “target sheet” between every document type; 1040SCAN does not.
  • 1040SCAN integrates with award-winning workpaper management software; Pfx Scan only offers an Adobe plug-in.

There are many other comparison points to consider. The solution that happens to be in-suite is not always the best choice. View our complete competitive analysis for more information.

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CCH ProSystem fx Scan vs 1040SCAN
TaxCaddy automates 5x the documents

5x the documents

1040SCAN automates five times as many documents as CCH ProSystem fx Scan, including State K-1s, Organizer Pages, and Grantor Letters. 1040SCAN also extracts data from fields that Pfx Scan misses, such as Margin Interest and Foreign Income on Brokerage Statements.

The bottom line: 1040SCAN eliminates more data entry than Pfx Scan.

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Auto-Verification

It’s best practice to verify data captured by Optical Character Recognition (OCR). 1040SCAN auto-verifies 65% of standard documents with patented text-layer matching and Artificial Intelligence. Want to eliminate verification completely? SurePrep offers an optional verification outsource service.

The bottom line: ProSytsem fx Scan does not offer any auto-verification technology nor outsourcing option.

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1040SCAN auto-verifies 65% of standard documents
SurePreps clients illustration with buildings

Who are SurePrep’s Customers?

Three of the Big 4, seven of the Top 10, fifty-eight of the Top 100, and approximately 2,000 small- to mid-sized firms use SurePrep solutions to automate their 1040 tax workflow.

Is your process compatible with SurePrep’s 1040 tax automation software? Our solutions work best for firms that collect client information up front and process returns without requiring clients to visit the office.

What do tax professionals say about 1040SCAN?

"We're spending more time on looking at information and its meaning rather than on clerical keypunch data entry." 

"Having SurePrep is like having a first year person doing clerical work for pennies on the dollar."
A Senior Tax Manager at a Moore North America member firm who uses CCH ProSystem fx Tax agreed with the following statement: "SurePrep's 1040 tax productivity solutions are best-in-class."