Accounting Practice Management Market, By Component (Software and Services), By Delivery Mode (Cloud-based and On-premise), By Vertical (Enterprise, Accounting Firm, Government, Academic Institutions, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Jul 2024

Code : CMI2590

Pages :158

Formats :

Excel and PDF

Industry : Information and Communication Technology

Key Developments

In May 2022, Trintech, a prominent global provider of cloud-based financial close solutions for the Office of Finance, formed a strategic alliance with IQ BackOffice, a worldwide leader in financial process automation and business process outsourcing. The partnership aims to assist finance and accounting (F&A) teams in lowering business process costs while enhancing process effectiveness and efficiencies.
In May 2022, AccountancyManager (AM), the leading onboarding and practice management software provider in the U.K., announced that it had been acquired by Bright Software Group (Bright). Bright, the provider of the award-winning BrightPay payroll product, is recognized for delivering high-quality software solutions to SMEs and accounting firms across the U.K. and Ireland.
In February 2020, Intuit ProConnect, a division of Intuit, announced a strategic partnership with Karbon, a leading practice management solution provider. The collaboration aims to deliver Intuit Practice Management powered by Karbon to tax professionals. This integrated platform will enable firms to streamline their workflow from end-to-end, allowing them to work more efficiently, make better-informed decisions, and improve client service. The centralized, collaborative work management platform will be deeply integrated with users' email, Intuit ProConnect Tax Online, and Lacerte tax software, increasing team output and productivity.