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CCH Axcess Revs Overtaking Desktop in 2023
Revenue for CCH Axcess will pass the amount of revenue for desktop tax and accounting products next year. Wolters Kluwer this week did not disclose the among of revenue for the cloud product but noted the cloud platform’s double-digit organic growth for the first half ended June 30.
Read more...SmartVault Gets Form-fill, Quotes This Year
Form-fill and quoting technologies will be available for SmartVault during the fourth quarter, its parent, GetBusy, said this month. As it released results for the first half ended June 30, GetBusy said those features will be integrated with its Virtual Cabinet line later.
Read more...Liberty Parent Curtails Loan Biz
NextPoint Financial, which owns Liberty Tax Services, is ceasing to make loans through its LoanMe operations, which it acquired for about $120 million a year go. The company, which is based in Hurst, Texas, but trades on the Toronto stock exchange, said it has cut LoanMe’s workforce and will only continue to service outstanding loans.
Read more...SEC Censures CohnReznik for 2017 Audits
The Securities and Exchange Commission has censured accounting firm Cohn Renick and ordered it to pay a $1.9-million civil money penalty. The actions stem from what the SEC said were deficiencies in the firm’s quality controls that led to audit issues with two companies in 2017.
Read more...QB Online Prices Increase
Intuit has increased prices for its QuickBooks Online software. The steepest increase is coming with QB Advanced, a mid-market product, which raises 11.1 percent to a $200-monthly base from a $180-monthly base for existing customers who pay directly for their subscriptions.
Read more...Intuit Ends QB Desktop Discounts
Intuit has ended discounts for any QuickBooks desktop products and at the same time, pulled the products from retail outlets. All desktop products will be sold at full manufacturer’s suggested price, the company said recently.
Read more...Firms Win Solver Awards
Accounting firms performed well in the recent awards given by analytical software company Solver recently. Chief among them was RSM US, which has been named Top Cloud Volume Partner 2021.
Read more...Xero N. American Subs Rise 19.9 Percent
Xero’s subscriptions in North America increased by 19.9 percent for the year ended March 31. The company this month also noted revenue on the continent rose 28 percent year-over-year, 31 percent in constant currency.
Read more...Avantax Wealth Pros Drop 8.3 Percent
The number of financial professionals employed in the Avantax wealth management arm of Blucora fell by 8.3. for the first quarter ended March 31, compared to the level a year earlier. Blucora CEO Chris Walters reported the decline in the company’s recent earnings webcast.
Read more...WK Revs Rise 13 Percent
Revenue for Wolters Kluwer rose by 13 percent for the first quarter ended March 31, up 8 percent in constant currencies and organically, the company said this month.
Read more...Most Read
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Jan 23 2024
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Written by Bob Scott
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Nov 10 2023
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Written by Bob Scott
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Jan 23 2024
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Written by Bob Scott
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Feb 05 2024
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Written by Bob Scott
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