KPMG Spark, an online bookkeeping service, has been sold to Decimal by Big Four firm KPMG. Terms were not disclosed.
Decimal says the company plans to integrate the Spark technology into Decimal and as a result wil have integrated ledger for smaller businesses
Decimal, whose service integrates with QuickBooks Online, has previously served mid-sized SMBs, and offers them bookkeeping and accounts payable and bill pay services
Decimal’s core service starts at $395 per month and as described as suited for sole proprietors and small businesses with simple accounting needs while the Pro edition at $795 per month is target at small to medium-sized businesses, whose needs include project profitability, inventory management, and board ready financials
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards. Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that. A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind