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14 Feb 2008
Competition in the UK accountancy software market for small businesses is set to become even fiercer as Scandinavian group e-conomic launches its online offering this week.
The company first launched in 2003 in Denmark and has expanded rapidly with 1,000 practices, including KPMG and Ernst & Young, using the software in Europe. These practices use the software to service 11,000 clients.
E-conomic has opted for a software-as-a-service model and will be offering software to accountants for free and charging the clients of accountants a monthly fee of £13.50.
The move of the new player will offer SMEs more choice than ever before. Established players Sage and Iris are still competing aggressively in the SME space, Microsoft has launched a business software programme while MYOB and Mamut continue to grow strongly.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
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