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News (1882)

The Progressive Accountant is the leading online communit of public tax and accounting professionals focused on using technology to better manage and grow their practice.

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AICPA Survey: Financial Tension Rising

Financial issues have always produced tensions in relationships. But the pandemic and its impacts are increasing tension, according to recent survey by the American Institute of CPAs.

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Lockstep Raises $10 Million


Payments software company Lockstep has raised $10 million in Series A funding. Founded in 2019, Lockstep offers cloud-based AR and AP processing. 

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ADP Payroll Revs Down Slightly

Employer Services revenue, which describes the company’s payroll business fell by 1 percent for Automatic Data Processing for the second quarter ended December 31. That came as overall revenue inched up .7 percent year-over-year.

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SurePayroll, Zoho Integrate

 SurePayroll, which is owned by Paychex, is now connected with Zoho Books. The partnership, announced this week, enables users to subscribe to the integration through either of the online software products.

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Intuit Promises More Expert Connections

Intuit, which has become an increasingly important employer of accountants and tax preparers, will continue to expand contact between experts and its customers, CEO Sasan Goodarzi said this month. The comment came on Intuit’s Investors Day during presentations that followed the company’s annual meeting.

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CCH Axcess Practice Tools Added

Wolters Kluwer Tax & Accounting has introduced practice aid titles to CCH Axcess Knowledge Coach and Knowledge Coach PCR. Among the additions are HUD Multifamily Housing Programs, Real Estate, as well as Preparations, Compilations, and Reviews of Commercial Entities.

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Paychex Revs Decline Slightly

Paychex revenue was off 1 percent for the second quarter ended November 30. While employment is still down, the company saw no further deterioration from the recent surges in Covid-19 cases and it was buoyed by small business starts.

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Anduin Debuts Billing Product

Anduin has introduced the Intelligence-Based Billing platform for accounting firms. The software company said recently the applications utilizes artificial intelligence to improve the accounts receivable project.

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RSM Survey: Business Optimism Down

The RSM US Middle Market Business Index showed an improvement optimism about the future dropped because of the ongoing coronavirus pandemic. However, in November a nearly half of businesses reported improvement in revenue and earnings.

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TeamMate Analytics Enhanced

Wolters Kluwer Tax & Accounting has introduced enhancements to TeamMate Analytics, which is used by internal and external auditors. Among new features are enhancements to the Expert Analyzer, which is utilized to append data to combine multiple data files.

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