Strong result for Lawson
US financial software houses Adaytum and Lawson have both reported strong full-year results. Revenues at Lawson for the year ended 31 May 1999 rose by 34.5% to $267.8m (£165m), in line with the company’s five-year plan for growth between 30% and 40%. Adaytum marked its first year as a US-based company by announcing $20m full-year sales to 30 June, compared to $11m in the previous year.
Expenses spared Captura Software, the expense management specialist, has launched a web-based expense management product for business travel and entertainment expenses. Captura Expense includes multicurrency, and multilingual reporting. It also features an automatic alert facility to warn line managers if an employee breaks their expenses limit.
Free euro guidance Accountancy software specialist Sage has joined forces with Durham University business school and Barclays corporate banking to produce a free guide to the euro for UK business. For a copy of the guide call Sage on 0800 44 77 77.
The drive towards a fully digital tax regime is an admirable one, but mandation is simply wrong, according to one of the UK's most senior tax technology practitioners - Paul Aplin
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