BDO and Navision join forces
The trend for accountancy firms and accounting software vendors joining forces continues with the news that BDO Stoy Hayward is to become a Navision reseller.
The two parties revealed BDO is to become a solution centre for the software Navision’s Financials/Attain business solutions.
The software arm of mid-tier firm BDO – only set up recently – is set to target the firm’s core market of growing entrepreneurial businesses, and provide solutions ranging from accountancy to e-commerce.
‘Our strategy is to provide end-to-end business solutions based around mid-market applications,’ said a BDO Stoy Hayward Software Solutions spokesman. ‘Navision will complement our independent approach to delivering quality solutions,’ he added.
A spokesman for Navision, added: ‘The fact BDO Stoy Hayward are focusing on growing businesses, fits perfectly into our vision of delivering flexible end-to-end business solutions to companies with a quest to grow.
‘We are in the process of increasing our number of Navision Solution Centres in the UK, from the 75 that we have today and I find this a great start.’
The move comes just weeks after Microsoft latest bid for centre stage in the accounting software market was exclusively revealed by Accountancy Age after it was discovered it has been locked in secret talks with KPMG and BDO Stoy Hayward.
It was understood Microsoft Great Plains had been in under cover discussions with BDO for almost three months, a move that will see the firm become a mid-market reseller of the company’s software.
Meanwhile, talks with KPMG are not so advanced, although a deal is expected to be struck before the end of the year, for the Big Five firm to join BDO as a reseller.
The deals have sent a warning to rival accounting software companies of Microsoft’s intent to become the largest seller of accounting solutions. It also demonstrated how accountancy firms are increasingly looking to increase the number of ways in which they generate revenue.
BDO will sell Navision’s Attain, which is a fully integrated end to-end business management solution for medium-sized companies, and which expands on the principles of Navision Financials.
Navision Attain includes financial management and multi-language capabilities, plus integrated capability to support supply chain collaboration, e-commerce, CRM and service management.
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