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Reckon to Grow SmartVault

Tuesday, Feb 23 2016
News
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SmartVaultSmartVault, which markets online document management systems, will expand into the United Kingdom and Australia under its new owner, Reckon. The Australian vendor outlined its plans for SmartVault, which it purchased in January, with the recent release of financial results for the year ended December 31.


In an investor presentation accompanying the financial results, Reckon says it intends to use SmartVault to access the accountant market in the United States and reported that SmartVault added 12,000 seats last year, an increase of 48 percent over 2014.

Once Intuit's QuickBooks distributor in Australia, Reckon now markets its online Reckon One accounting package in Australia and New Zealand. It had planned to introduce Reckon One in the U.K. in 2015, but now says that will take place this year.

 

Bob Scott
Bob Scott
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards.  Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He  has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that.  A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind
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