Articles about Accounting Software

One of New Zealand Post's commemorative Hobbit coins

Kiwi 'ccountancy cloud collects colossal cash casket

New Zealand software-as-a-service (SaaS) accounting software Xero has announced an injection of $NZD180m in funding, much of it it from US-based venture capitalists. The new fund raising is earmarked to “support continued global growth”. Xero's already growing quite nicely, thank you very much, having won more than 211,000 …
Simon Sharwood, 13 Oct 2013

MYOB users didn't want no steenking cloud

Australian accounting software vendor MYOB* has released the newest version of its much-used small business bean-counting app. Sage fancied MYOB last year, but was beaten to an acquisition by Mitt Romney's old outfit, Bain Capital. The new release, AccountRight Live, lets users run their accounts on a PC or in the cloud. Or …
Simon Sharwood, 24 Oct 2012
The Register breaking news

Sage stuffed in Mind Your Own Business bid

Geordie small biz provider Sage has been beaten in the battle over Australian accounts provider MYOB even though it was offering more for the firm. Sage was offering A$1.3bn and was supposedly the preferred bidder. But fears over its not being able to gain shareholder approval tipped the balance to favour Bain Capital. The …
John Oates, 22 Aug 2011
arrow pointing up

Sage leads bidding for Mind Your Own Business

Sage has been declared preferred bidder for Aussie small biz and accounts firm MYOB. The Geordie firm is bidding A$1.3bn (£823m), which tops offers from Bain Capital and Kohlberg, Kravis Roberts and Co. The two private equity/asset stripper firms were stymied by the downturn in debt markets in recent weeks. The offer is a …
John Oates, 18 Aug 2011
The Register breaking news

Southwest One made overpayments of £4.6m

A software glitch has led Somerset county council to make overpayments of £3.7m, the authority has confirmed. It was part of a problem affecting Southwest One, the shared service in which the council is involved, resulting from the introduction of a new SAP software system two years ago. Delays with the automated system led to …
channel

Sage strikes subdued note in near term forecast

Sage software issued a subdued forecast this morning, as it unveiled full year results which showed underlying revenues slipped 4 per cent in the year to September 30. The accounting software firm turned in revenues of £1.44bn for the year, up 11 per cent on the year. Pretax profits were £267.4m, also up 11 per cent. However …
Joe Fay, 2 Dec 2009

Create a news alert about Accounting Software, or find more stories about Accounting Software.

Biting the hand that feeds IT © 1998–2017