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Bill.com Files for IPO

Bill.com has filed with the SEC for an Initial Public Offering. The Form S-1 filed this week shows the company narrowed its loss on a 40.8-percent increase in revenue for the year ended June 30. The number of shares to be sold have not yet been determined.

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Armanino Buys The Resource Group

Armanino has acquired the Resource Group, a Seattle, Wash.-based, Value-Added Reseller. The Resource Group carries Dynamics GP and Sage Intacct financial software. The deal will be completed on December 1.

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Avalara Hires Chief Marketing Officer

Avalara has hired Jay Lee as its new chief marketing officer. That means the sales tax company will have new people in its top sales and marketing jobs as Pascal Van Dooren, former chief revenue officer, left in October.

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Xero Tightening Key Integrations

Xero is deepening the integration of its cloud software with major products and platforms. Those integrations include those with Google, Microsoft Office 365 and HubSpot, the company said recently.

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Intuit Intros QB Live Bookkeeping

Intuit formally introduced QuickBooks Live Bookkeeping this week. The software company had been publicly informing the public about various tests and components of the program, including pricing tests for the last few months.

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Thomson Reuters Debuts K-1 Analyzer

Thomson Reuters has introduced a K-1 Analzyer powered by Crowe. The new application, aimed at handing large and complex K-1s, was debuted at this week’s Synergy conference.

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Xero Hits Two Million Subscribers

Xero concluded its half ended September 30 with its second net profit. The company also said it passed another milestone, 2 million subscribers, during the recently completed half, an increase of 30 percent over the number of subscribers at the end of the first half of fiscal 2019.

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Bookkeeping Certification Available

Illumeo has made available its online, on-demand Professional Bookkeeping Certification. The certification program is comprised by twelve video-based ‘core’ courses, each with it’s a quiz and final test.

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Crowe Names Security Execs

Crowe has picked two executives to work in the areas of technology and security. The Chicago, Ill.-based accounting firm recently named Rex Voorheis as its first chief information security officer and Steve Strammello as chief risk officer.

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ADP Adds Compliance On Demand

ADP Compliance on Demand has been introduced to enable businesses to stay informed about wage and hour compliance. The resources include a comprehensive library of federal, state and local materials, a compliance help desk, and a community forum for crowd-sourcing opinions and best practices. 

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