– Software giant SAP has announced that three-quarters of its installations in the eurozone have successfully converted to euro accounting. By contrast, statistics from the European Commission indicate that only 7.9% of all companies in the eurozone currently maintain their accounts in euros.
More at: www.sap.com
– Access has launched a professional partner program for accountants – a service designed to help accountants in practice, business consultants and IT advisers grow their businesses and increase customer satisfaction. Tim Bennett, general manager of the Access professional partner division, said: ‘There is an increasing need for accountants to offer expert IT advice.’ The program costs #150 per year, and includes free software for members.
Access looks to accountants in practice: www.accountancyage.com/IT/1114672
– Vendors and resellers should look again at customer relationship management applications as a continuing source of revenue, according to industry analyst IDC. An IDC report published last week showed worldwide CRM applications turnover will grow from $6.2bn (#4.3bn) in 2000 to $14bn in 2005. Although North America is set to continue its market domination, it predicted that western European turnover would grow by 22% between 2000 and 2005.
More at www.idc.com
– Sales of QuickBooks 2001, Intuit’s small business accounts software, have out paced those of rival Sage Instant Accounting, according to independent industry retail monitor Chart-Track. Its figures show in July 2001 QuickBooks held retail sales amounting to 55% of the accounts software market. QuickBooks has now outsold Instant Accounting for the last four months. Dorian Bloch, director of Chart-Track, said: ‘These figures show QuickBooks is still the best-selling SME accounts package.’
Challenge to Sage dominance: www.accountancyage.com/IT/1123394.
Cowgill Holloway and Warings Business Advisors have merged, with a range of growth plans in the North West put in place
New growth opportunities in Aberdeen, North East Scotland, are being invested in by Grant Thornton
If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season