Accounting Technology Is at an Inflection Point

🗞️Exclusively for you! We bring you back the most-clicked stories 🖱️ of the curated Accounting Apps newsletter for the w/c 22.5.22:

Accounting Technology Is at an Inflection Point | (AccountingWEB)

At the recent AccountingWEB Live Summit event, tax and accounting professionals and the vendor community that serves them came together to listen to thought leader Clayton Oates explain how vendors and accountants need each other. But, with technology so prevalent in their lives, that relationship can become strained. Moreover, it is time accountants stepped in to take more control of that dynamic and their future.

Reckon Sells Accounting Division for $100 Million | (Reckon)

Following a massive development this week, Reckon can proudly announce that its Accountants Group has been sold to The Access Group, in a $100 million deal. The Accounting division of Reckon provides products such as APS practice management software and Reckon Elite. Reckon remains a stronger company and as a result of the deal will be ramping up focus on its bread and butter — cloud accounting and payroll solutions for small businesses and practice management for legal firms. Let’s break down the announcement.