News (1872)
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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...Iris Buys Irish Payroll Service
Iris Software Group, which owns AccountantsWorld and other practice software packages, has acquired Paycheck Plus. Terms were not disclosed for the purchase of the company which handles payrolls for Ireland and the United Kingdom.
Read more...ADP Raises Revenue Guidance
Automatic Data Processing is raising its revenue estimates for the year ending April 30. The company increased its guidance for revenue for fiscal 2022 to 7 percent from the previously expected 6 percent.
Read more...ADP Enhances Freelance Features
Automatic Data Processing has enhanced its WorkMarket freelance management system. The company said this month a new feature, Recruiting Campaigns 2.0, enables businesses to quickly onboard workers.
Read more...Returns Catch Up Slightly for Tax Season
Tax returns came into the Internal Revenue Service at a slightly improved pace for the season ended March 25. The total was down 4.3 percent for the season through March 24, 2021. That was slightly narrowed from the prior report in that total was off 5.1 percent year-over-year.
Read more...Surgent Releases “Surgent Auditors”
Surgent has released its second game-based course “Surge Auditors” in its Surgent Interactive line. The latest offering follows the release of “Max the Tax” with the kick of the new product series last month.
Read more...QB Business Network Rolling Out
The QuickBooks Business Network is rolling out to accountants and their clients. The network, which enables QB Online customers to connect with the QB community, will be available to all accountants this summer.
Read more...Botkeeper Updates System
Bookkeeping software company, Botkeeper, has introduced the Botkeeper Operating System. The company this month said the product now “features a more efficient, streamlined and powerful user experience.”
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