The software, originally produced by Devon-based software company Digita, will be rebranded under the famous Tolley’s name and sold across the UK.
But the practice software will face stiff competition from the likes of Iris and Sage.
‘We’re one obvious player that hasn’t been in software for a number of years,’ said LexisNexis business development head Danny Williams. ‘We will give the market a good run for its money.’
Jerry Rihll, MD of Digita, said: ‘One of our challenges is the consolidation in the marketplace. Through this partnership we can reach a broader market.’
Barclays has partnered with accounting software company Xero to provide businesses with access to transaction data through its direct feed.
Government's estimate of a £400m admin saving from Making Tax Digital is way off - and is instead a huge cost burden, warns Lamont Pridmore chief executive Graham Lamont
Xero unveiled its expanded global partner programme at Xerocon South, the accounting technology conference in Australasia
Accountancy software firm Sage has been hit by a data breach which may have compromised the personal details and bank account details of as many as 300 UK businesses