Thomson Reuters has announced new integration between its UltraTax CS tax prep software and its AdvanceFlow cloud-based engagement management software. The first-of-its-kind functionality brings integrated, enterprise-level tax prep and audit management capabilities to the cloud.

“By integrating UltraTax CS and AdvanceFlow, we've built a holistic approach that enables large firms to collaborate across multiple disciplines and areas of expertise, in addition to collaborating across multiple offices,” said Melissa Yard, product manager for AdvanceFlow. “This new functionality will enable tax and audit departments to collaborate instantaneously, from anywhere.”

While AdvanceFlow is available exclusively in the cloud, the new integration can be used with either cloud-based or locally installed versions of UltraTax CS.