The competition watchdog the ACCC has raised preliminary concerns over the “substantial lessening” of competition in the accounting software market from MYOB’s proposed acquisition of GreatSoft.
Cloud accounting provider Saasu has adjusted its plans, giving some customers an opportunity to save money.
Accounting software company Reckon Group has achieved revenue of $75.4 million for the year to the end of December 2018 on the back of an 8% increase in cloud revenue, which now represents 45% of the company’s Business Group division available revenue.
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