Wolters Kluwer plan to phase out MYOB branding
Accountancy Age, 04 Aug 2008
The publishing business that acquired accountancy software company MYOB earlier this year has announced that it is to phase out the brand.
Wolters Kluwer told Accountancy Age that by September almost all MYOB branding will be gone and by January 2009 it will be completely replaced by CCH, the company's software arm.
Cathy Wolfe, CEO of Wolters Kluwer, said: 'MYOB still exists in Australia and is best of breed there'.
WK confirmed that following the acquisition there were no redundancies in sales and that it is not planning any big cuts. 'We want to expand our strong position so there is plenty of work to go round' added Wolfe.
Wolters Kluwer's announced last week that it had launched CCH ProSystem, a hybrid of both CCH and MYOB technology.
Simon Crompton, head of CCH, said: 'The new software has opened up a complete and totally integrated suite, for strong, big, and entry level organisations'.
CCH ProSystem will be available on upgrade to all customers of both CCH and MYOB and fully implements both package models into its framework.
Further reading:
How to make better financial decisions - Free FD Handbook
When reviewing your business and accounting software, this free two- part guide explains all you need to know.
The Future of the Financial Close: Automating Account Reconciliations and Review
Many firms have made account reconciliation automation the focus of their drive. This paper describes why.
More white papers
Keep up to date with the latest products, services and technologies from the world's leading IT companies; IThound.com brings you over 6,000 white papers, case studies and analyst reports.
Comments
Have your say on this article