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It’s been an interesting time in the accounting software industry, with two big players having changed owners.
Shake-up in the practice management landscape for accountants
09 July 2021
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2 minute read
First, Sage sold off their Australian business to The Access Group at the end of last year. Then American company KKR jumped through the last hoops of the ACCC in April to finally seal their deal acquiring the Australian operations of South African provider GreatSoft.
For current clients of APS, there is a fair degree of certainty about our products and strategy. Years ago, Sam Allert (CEO of Reckon) put all of Reckon – and especially APS software – on a direct and uncomplicated path to the cloud.
For Reckon, the advantage of being the only 100% Australian owned and operated provider is that our focus has always been – and still is – firms in Australia and New Zealand.
Being a proudly Australian business means our products are here for accountants to use today. We have a crystal-clear journey and evolution to the cloud happening right now.
In saying that, APS is available in the cloud today. A practice management, general ledger and tax solution that integrates with your Microsoft Suite and is delivered via the cloud.
With APS Accountants’ Workspace, we have created a true modern workplace. In a single, browser-based view accountants have easy access to everything in one place: key business applications, document management and communications, with single sign-on (SSO) and role-based access as well as industry-leading security.
Firms using APS Workspace have all their documents, e-mail, applications and more in one place, and they’re able to work from any location and every device.
APS Workspace includes faster access, and, in just one glance, an accountant can get all the information they need: a workspace with insights from email, calendars, documents, news, statistics, applications and more.
At APS we always talk about our purpose as ‘Amplifying the Art of Accounting’. After all, accounting is the cornerstone of business success. With APS Accountants’ Workspace, our purpose has gone into overdrive.
It’s not just practice management in the cloud, it’s a true hybrid workspace that integrates with all your documents and apps like Microsoft Office 365. It harnesses working in harmony with the Microsoft ecosystem.
APS Workspace is just one piece of the APS cloud puzzle, along with our current cloud applications including APS Workflow+, API integrations, and the upcoming Ledger+ and Tax+.
With the recent acquisition occurring in the practice management software space by a provider controlled by an American private equity firm, it might seem like the accounting software industry has a fair bit of doubt in the air. However, as far as APS and Reckon are concerned, the future couldn’t be brighter or clearer.
It may seem cloudy and murky outside, but from the window at our desk all we can see is bright and clear skies and a future filled with certainty for our clients.
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If you want to embrace these changing times and use it as an opportunity for digital growth, speak to the experts at APS or visit www.aps-software.com.
APS is a division of Reckon, an ASX listed company. We develop the software used by the best Accounting firms in Australia and New Zealand to run their business’ and advise their clients.
