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RSM Survey: ESG Awareness Rising

Middle-market business leaders are increasingly aware of environmental, social and governance) issues and have adopted formal ESG plans. That was the major conclusion of the recently released RSM US Middle Market Business Index ESG Special Report.

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Thomson Creates $100 Million Fund

Thomson Reuters has created a $100 Corporate Venture Fund to support the development of  professional services organizations. Thomson Reuters Ventures will invest in the company's  markets: Legal, Tax & Accounting, Risk, Fraud, and Compliance, News and Media. 

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Patriot Updates Accounting Software

Patriot Software has introduced subaccounts in the chart of accounts for its Accounting Premium application. This was one of a series of updates the company announced this week to its financial products.

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QBO Advanced Excel Links Coming

Intuit is adding links between Excel and QuickBooks Online Advanced, the mid-market version of its widely used cloud accounting software. Two-way syncing between Excel and Advanced will be added next year.

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Small Biz Benefits Offers Tools

 Small Business Benefits, a Paychex subsidiary, has established a digital marketplace for small business. Membership in the network is free.

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Small Biz Benefits Offers Tools

Small Business Benefits, a Paychex subsidiary, has launched a marketing platform for small business. Launched in July, the company is offer SMBs tools and resources so they won’t have to field their own marketing operations.

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Paychex Sales Rise 16 Percent 

Paychex reported a strong start to fiscal 2022 with a 39.4-percent increase in net income of a 16-percent rise in revenue for the first quarter ended August 31. With expenses dropping by 1 percent, net income rose to $326.9 million for the most recently ended quarter from $234.6 million a year ago.

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Bill.com Raises $1.9 Billion

 Payments software company Bill.com has raised $1.9 billion in a combination of a secondary stock offering and convertible debt issue. The company recently closed both capital-raising rounds.

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ADP Enhances Accountant Connect

 Automatic Data Processing has enhanced its Accountant Connect portal with new analytical tools to use with pay data available via ADP Cloud. It has also added features to its Client Insights dashboards.

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Intuit Starts Venture Capital Program

Intuit has launched Intuit Ventures, a venture capital program. The maker of TurboTax and QuickBooks said this week, the program will primarily invest in series B- and C-stage companies.

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