News (1882)
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WK Half Up 5 Percent Organically
Wolters Kluwer reported revenue for the first half ended June 30, rose by 6 percent in constant currency and 5 percent organically, year-over-year. The total was roughly $2.68 billion for the most recently ended period, down one percent as currency took a bit out of results.
New Dashboard for CCH Axcess Data Axcess
A new Accounts Receivable & Collections Dashboard has been added to CCH Axcess Data Axcess. Wolters Kluwer Tax & Accounting said this week the dashboard enables firms to receive AR data from CCH Axcess Practice.
Dext Adds Digital Sales App
Dext has introduced Dext Commerce, a digital sales application. Commerce is the renamed Greenbank, recently purchased by Dext.
Wipfli Clients Flat, Revs Rise for 2021
Wipfli has reported revenue growth of 9.78 percent for the year ended in May despite the fact it had 17 fewer clients than in the prior year. Total revenue reached $430.6 million for the most recently ended year, up from $392.2 million for fiscal 2020.
SmartVault Revs Rise 17 Percent
SmartVault continued to drive revenue growth for its parent, United Kingdom-based GetBusy. Its fellow document management package, Virtual Cabinet, produces any earnings.
ADP Ends Year With Strength
Automatic Data Processing reported a 3-percent increase in revenue for the year ended June 30, but that was because of a 10-percent rise for the fourth quarter. Similarly, a 5-percent rise in net income for fiscal 2021 stemmed from a 31-percent fourth quarter jump.
Anduin Grabs $14M in Funding
Anduin, which makes applications for accounting firms, has received $14 million in a Seed Round led by Revolution Ventures. The company said the funds will be used to introduce a Predictive Insights application and a suite of practice management products.
Zoho Introduces BI Platform
Zoho has introduced what it says is an end-to-end self-service Business Intelligence Platform. The cloud software company said the platform “brings together pre-built, visual dashboards, comprehensive data integrations, data preparation, augmented and embedded BI, security and privacy capabilities, flexible deployment models (cloud or on-premise), and scalability.”
Iris Software Acquires Doc.IT
The Iris Software Group, based in the United Kingdom, has acquired Doc.It. Terms were not disclosed. Doc.
It markets document management and workflow software and internet portals for accounting firms.
Bill.com Buying Invoice2go
On the heels of its $2.5-billion purchase of Divvy, payments software company Bill.com has reached an agreement to acquire Invoice2go. Bill.com will pay about $625 million in stock and cash to buy the provider of mobile-first accounts receivable software.
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