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.
Drastically fewer offices for HMRC in the hope to reduce their running costs
A CIO has been appointed at BDO from law firm Olswang
Global revenues have risen 8% to $7.6bn (£6bn) for BDO in 2016
The accounting and legal giants have partnered to create DataCheckPoint, an eight-stage data and cyber security audit offering