LATEST ARTICLES
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) New Businesses Can Reduce Risk With Web-Based Accounting Systems
Unlike other web-based accounting software, Xero has been designed specifically with non accountant business owners in mind.
“We set out to create an online bookkeeping system that would have all the advantages of software delivered over the internet, but which would be a pleasure to use," says Hamish Edwards, co-founder and UK MD of Xero. “Often, businesspeople and entrepreneurs see accounting as a bit of a headache, but by designing a web-based accounting system that looks great and is intuitive to use, we think they'll see it in a new light."
Xero is a great product for any company where workers or advisors (such as investors or accountants) are based in different locations. Everyone who needs to can view the company accounts online, making collaborative planning much easier. More>> - (
) Web-Based Accounting Software Adds Great Value to Franchise
Financial information should be managed in a transparent way, ideally using web-based accounting software to link data from the different franchises.
Hamish Edwards, co-founder and UK MD of top online accounting software provider Xero, says his company has great success with franchises. “As a franchisee, it can sometimes be difficult to trace your profits, because your business is so interconnected with others. We have a number of clients who use our online accounting system in a franchise environment, and they've found it to be excellent at giving them visibility of the their complete financial situation," says Edwards.
Online accounting software is ideally suited to businesses which are spread across multiple locations which is why it works so well for franchises. More>> - (
) Updated 12/12: Committee presents Chalet rescue plan to board
Phasing in new membership accounting software would allow Chalet staff to better track traffic flow and make members more accountable for fees being paid when they're due, Kulawiak said.To save cash while still supplying good services to members, the committee also will look at taking on more volunteer positions such as class instructors and janitors.
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) MYOB backs sweeter bid
AFTER knocking back a $1.90-a-share proposal from private equity in February, the board of accounting software company MYOB has given the thumbs up to a $1.1564-a-share offer that values the company at $450 million.Discussions between MYOB and Manhattan Software Bidco, which consists of Archer Capital and HarbourVest Partners, yesterday resulted in an agreement on a bid that was only slightly sweeter than the one Manhattan launched a month ago.
Under the latest offer, shareholders will get $1.0564 a share if acceptances finish between 50.1 per cent and 90 per cent, and $1.1564 if acceptances clear the 90 per cent compulsory acquisition hurdle.
But the MYOB board's endorsement only applies to the offer at the higher level. MYOB chairman Simon McKeon yesterday said the board would not help the bid reach the 50.1 per cent threshold needed by next Thursday for the bid to stay alive. More>>
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) Software Advice Helps 500th Electrical Contractor Find the Right
Participating vendors also cover the full range of application categories, including: accounting software; construction project management software; construction estimating software; human resources and payroll; and, document management. Construction Software Advice is online at http://www.softwareadvice.com/construction/.
About Software Advice Software Advice helps organizations in the construction, medical and retail industries make the right technology decisions. Using the Software Advice website, buyers can identify and compare software products that meet their unique requirements. After building a "short list" of best-fit products, buyers can request demonstrations, price quotes and other information. Software Advice can be found on the Web at http://www.softwareadvice.com/.# # #
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