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04 Sep 2012
ACCOUNTANCY SOFTWARE company Access' latest acquisition will see the business move into the online or cloud market.
Access has acquired French-based online software company Prelytis, which marks the first of a series of moves by the company into the online software-as-a-service, or online, marketplace.
Further reading
One of the key reasons for the acquisition is a real-time online dashboard, LiveDashBoard, provided by Prelytis. It will allow Access customers to see financial information in real time on any device, such as a laptop, smart phone, tablet or desktop.
Chris Bayne, Access CEO, said: "Valuable real-time information is the backbone of all business decisions, and while Access has always provided dashboards with our solutions, Prelytis LiveDashBoard takes our business intelligence to the next level.
"LiveDashBoard also lets you have instant messenger-style conversations about live data allowing users, and businesses, to collaborate in real time, no matter where they are."
Last year, Bayne led a management buy-out of Access UK which managed to secure £50m credit from private equity company Lyceum Capital, to buy it from founder Alistair O'Reilly and other stakeholders.
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Briefings
If budgeting is to have any value at all, it needs a radical overhaul. In today's dynamic marketplace, budgeting can no longer serve as a company's only management system; it must integrate with and support dedicated strategy management systems, process improvement systems, and the like. In this paper, Professor Peter Horvath and Dr Ralf Sauter present what's wrong with the current approach to budgeting and how to fix it.
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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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