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.
Colin responds to the call for 'Darwinism' in accountancy
If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast