The PRWIRE Press Releases http:// 2017-03-21T20:30:00Z MEDIA RELEASE: Moneytree Completes a JPY 1 Billion Funding Series B Funding Round 2017-03-21T20:30:00Z media-release-moneytree-completes-a-jpy-1-billion-funding-series-b-funding-round-2 MEDIA RELEASE 22 March 2017 Moneytree Completes a JPY 1 Billion Funding Series B Funding Round: SBI Investment and major regional banks join mega bank-affiliated venture  capital firms and a leading UK asset management company as investors Moneytree KK (Shibuya, Tokyo) has completed a Series B funding round that will drive its further expansion in the rapidly developing global fintech industry, including entering the Australian market within the coming months. The development paves the way for unprecedented connectivity across the financial services sector with Moneytree providing tools and services that enable individuals and businesses to aggregate and control all their financial data in a single place.  Moneytree will use the funding to add functionality to its popular personal finance management app, as well as to invest in deepening the capabilities of its Moneytree LINK platform (https://link.moneytree.jp) that connects financial institutions and customers through a permission-based data-sharing platform.  Moneytree CEO Paul Chapman said: “We are accelerating Moneytree’s growth to deliver seamless access to Japan’s financial services. In coming months, we will expand beyond the Japanese market and become a regional player, working for positive change, and cementing a position as the most trusted financial data portability platform.” Funds were raised from SBI Investment Co., Ltd., Fukuoka Technology Partners Co., Ltd., Hiroshima Venture Capital Co., Ltd., Senshu Ikeda Capital Company Ltd., and noted British asset management company Baillie Gifford & Co., as well as reinvestment from Series A round investors Mizuho Capital Co., Ltd., SMBC Venture Capital Co., Ltd., and salesforce.com, inc. The total amount raised exceeds JPY 1 billion. SBI Investment Co., Ltd. led the round.  The participation of British asset management company Baillie Gifford & Co. signals a significant step forward in Moneytree’s plans for overseas expansion.  Moneytree LINK has secured over twenty customer and partner companies since 2015. Japanese ‘mega banks’ Mizuho Bank Ltd and Sumitomo Mitsui Banking Corporation have adopted Moneytree LINK, with leading regional bank Senshu Ikeda also on the platform.  Moneytree LINK powers solutions from ten accounting software providers, making it the number one platform in the Japanese accounting industry. Moneytree will increase headcount across the organisation, including Development, Platform, Sales, Marketing and back office.  Mr. Chapman added: “As the fintech market expands rapidly, Moneytree remains focused on our core values of security, privacy, and transparency. As a platform, we will continue to maintain neutrality with regards to partner type, vertical, and even size.” -ends- About Moneytree Moneytree KK was founded in 2012 in Japan with the mission of bringing consumers, small businesses, and banks closer together. The Moneytree mobile app, introduced in 2013, allows users to automatically manage their bank accounts, credit cards, electronic money, mileage, points, and securities all together in one place on mobile and desktop. The app was awarded Apple’s App Store “Best of” in 2013 and 2014.  In 2015, Moneytree launched Moneytree LINK, a service that connects financial institutions and customers through a permission-based data sharing platform. It is aimed at creating value in the fields of accounting, finance, real estate rent management, automobile maintenance, expense settlements, invoice issuance, and asset management.  That same year, Moneytree received an unprecedented round of simultaneous investment by the venture capital arms of all three Japanese mega banks. Moneytree was also chosen by IBM as its first official Fintech API partner, and selected for MasterCard’s Start Path accelerator program.  Please address media inquiries to: AUSTRALIA Eric Robledo Honner TEL: +61 02 8248 3739 E-mail: eric@honner.com.au     JAPAN Kaori Kitakata Moneytree KK Communications Officer TEL: +81 03-4588-0621  E-mail: press@moneytree.jp URL: https://moneytree.jp MEDIA RELEASE 22 March 2017 Moneytree Completes a JPY 1 Billion Funding Series B Funding Round: SBI Investment and major regional banks join mega bank-affiliated venture  capital firms and a leading UK asset management company as investors Moneytree KK (Shibuya, Tokyo) has completed a Series B funding round that will drive its further expansion in the rapidly developing global fintech industry, including entering the Australian market within the coming months. The development paves the way for unprecedented connectivity across the financial services sector with Moneytree providing tools and services that enable individuals and businesses to aggregate and control all their financial data in a single place.  Moneytree will use the funding to add functionality to its popular personal finance management app, as well as to invest in deepening the capabilities of its Moneytree LINK platform (https://link.moneytree.jp) that connects financial institutions and customers through a permission-based data-sharing platform.  Moneytree CEO Paul Chapman said: “We are accelerating Moneytree’s growth to deliver seamless access to Japan’s financial services. In coming months, we will expand beyond the Japanese market and become a regional player, working for positive change, and cementing a position as the most trusted financial data portability platform.” Funds were raised from SBI Investment Co., Ltd., Fukuoka Technology Partners Co., Ltd., Hiroshima Venture Capital Co., Ltd., Senshu Ikeda Capital Company Ltd., and noted British asset management company Baillie Gifford & Co., as well as reinvestment from Series A round investors Mizuho Capital Co., Ltd., SMBC Venture Capital Co., Ltd., and salesforce.com, inc. The total amount raised exceeds JPY 1 billion. SBI Investment Co., Ltd. led the round.  The participation of British asset management company Baillie Gifford & Co. signals a significant step forward in Moneytree’s plans for overseas expansion.  Moneytree LINK has secured over twenty customer and partner companies since 2015. Japanese ‘mega banks’ Mizuho Bank Ltd and Sumitomo Mitsui Banking Corporation have adopted Moneytree LINK, with leading regional bank Senshu Ikeda also on the platform.  Moneytree LINK powers solutions from ten accounting software providers, making it the number one platform in the Japanese accounting industry. Moneytree will increase headcount across the organisation, including Development, Platform, Sales, Marketing and back office.  Mr. Chapman added: “As the fintech market expands rapidly, Moneytree remains focused on our core values of security, privacy, and transparency. As a platform, we will continue to maintain neutrality with regards to partner type, vertical, and even size.” -ends- About Moneytree Moneytree KK was founded in 2012 in Japan with the mission of bringing consumers, small businesses, and banks closer together. The Moneytree mobile app, introduced in 2013, allows users to automatically manage their bank accounts, credit cards, electronic money, mileage, points, and securities all together in one place on mobile and desktop. The app was awarded Apple’s App Store “Best of” in 2013 and 2014.  In 2015, Moneytree launched Moneytree LINK, a service that connects financial institutions and customers through a permission-based data sharing platform. It is aimed at creating value in the fields of accounting, finance, real estate rent management, automobile maintenance, expense settlements, invoice issuance, and asset management.  That same year, Moneytree received an unprecedented round of simultaneous investment by the venture capital arms of all three Japanese mega banks. Moneytree was also chosen by IBM as its first official Fintech API partner, and selected for MasterCard’s Start Path accelerator program.  Please address media inquiries to: AUSTRALIA Eric Robledo Honner TEL: +61 02 8248 3739 E-mail: eric@honner.com.au     JAPAN Kaori Kitakata Moneytree KK Communications Officer TEL: +81 03-4588-0621  E-mail: press@moneytree.jp URL: https://moneytree.jp   Epicor Reveals Technology Investment Provides Significant Boost to ‘Grow Getter’ Businesses in Fast-Growth Countries 2017-02-23T01:25:52Z epicor-reveals-technology-investment-provides-significant-boost-to-grow-getter-businesses-in-fast-growth-countries Businesses in Mexico, China and India are increasingly turning to information technology to power successful growth, reveals new global research from Epicor Software Corporation, a global provider of industry-specific enterprise software to promote business growth. Around three quarters of Chinese and Indian firms (74% and 73% respectively) and 63% of Mexican firms cited IT investment as important, compared to a global figure of 54%. Interactive Research Highlights Infographic Overall, the research figures indicate that many of the world’s businesses, particularly those in established economies, do not ‘get growth’ in the same way as their emerging market peers and risk falling behind ‘grow getter’ businesses in emerging markets. These businesses demonstrate a strong motivation to invest in technology to empower their organisation. ‘Grow getter’ businesses are those that take advantage of macro-economic factors, such as low cost skilled labor and a healthy GDP. They use technology to expand into new markets and locations swiftly, without having to invest in high labor costs, and they have the processes in place to adapt their product ranges to match consumer demand. Businesses in Mexico, India and China are the most likely to be growing in terms of geographic reach and overseas sales. India takes the lead, with 75% of businesses reporting overseas growth (63% in Mexico and 63% in China), compared to the US where 59% of businesses reported no further growth or a decline in growth overseas (47% of UK businesses reported the same). India and Mexico are also the most likely to have grown their product ranges in the last 12 months— with more than three quarters (82% and 76% respectively) of all businesses reporting growth here, compared to the global average of 61%. Hong Kong and Singapore were among the least likely to achieve this, with only 45-46% of businesses in both countries reporting any product range growth. India, again, leads the global charge in profit growth with 80% of businesses reporting growth, compared to just 34% in Singapore. Despite sales and turnover generally increasing across the globe (65% of businesses grew their sales/turnover in the last 12 months), only around half (48%) of the businesses around the globe are meeting this increase in productivity with a larger workforce. With technology making it easier than ever before to communicate there are more opportunities to expand into new regions and markets rapidly. However, the survey shows that high growth businesses tend to be the only ones that are significantly expanding operations overseas. Of the businesses questioned, 65% of those experiencing very high growth were also experiencing significant growth overseas (compared to an average 14% overall). Kathy Crusco, chief operating and financial officer at Epicor commented, “Business leaders around the world can learn from the experience of ‘grow getter’ businesses in emerging economies such as India and Mexico. These ‘grow getter’ companies have invested in technology to empower their workforces, drive efficiencies, increase agility, and increase their profit margins, as a result. They use technology to adapt quickly to change and demand, allowing them to drive expansion into new markets, and establish processes to adapt their product ranges to match consumer demand.” Crusco continued, “While macro-economic factors can often not be avoided, getting bogged down in legacy systems can. This study builds a resounding business case for investment in IT systems that support and enable business growth and help businesses navigate economic and political challenges as they arise. Given our history in enterprise resource planning (ERP) software this is something that Epicor has been passionate about for a long time. With intelligent, next-generation enterprise solutions in place, it becomes possible for businesses to be more confident in delivering their growth strategies.” The research, conducted by Morar Consulting on behalf of Epicor, questioned 2,450 business decision makers and employees in businesses in 12 countries across the globe, about their growth performance in the last 12 months. For further information on the research, go to: www.epicor.com/newsroom/global-trends-for-high-growth. ### Debt Negotiation Website Launched to Reduce and Consolidate Monthly Repayments for Property Owners in the New Year 2017-01-16T23:23:32Z debt-negotiation-website-launched-to-reduce-and-consolidate-monthly-repayments-for-property-owners-in-the-new-year Sydney, NSW, Australia - January 15, 2017 - Just in time for the new year, Debt-Negotiation.com.au launches to give homeowners a new lease on their financial lives.  Standing between creditors and those who find themselves with a bevy of unsecured debt, the new website is the personification of just what its name implies.  It gives clients access to experienced debt negotiators with a knack for hammering out a deal for a beneficial debt consolidation mortgage.  Launched as a one-stop-shop for contacting creditors directly, and significantly reducing unsecured debt, Debt Negotiation will process the new mortgage and manage the disbursements of the reduced payout figures at the settlement of the mortgage refinance.    Providing Australian lending only, the company's fees are based on how much their pros save their clients on Debt Negotiation Services.  Due at the time of the new mortgage settlement, the debt consolidation loans create a win/win.  Homeowners benefit by lower monthly repayments and unsecured lenders, who may not have received payment otherwise, are paid.  Offering both debt consolidation and debt reduction, Debt Negotiation may also stall any legal action that may be under way.  Sasha Anitei, General Manager of Debt Negotiation, said of the launch, “Now that Christmas and New Year are over it may be time to regain control of your finances by having your unsecured debts consolidated into your home loan with access cash flow directed to paying down your Mortgage. Our calculator page has handy tools on preparing a budget and savings that can be made by making extra monthly repayments or lump sum repayments into your Mortgage.”   For more information about our services visit www.debt-negotiation.com.au Global financial organisations select SimpliVity for their next-generation data centres 2016-11-15T23:00:00Z global-financial-organisations-select-simplivity-for-their-next-generation-data-centres Sydney, Australia – November 16, 2016 – SimpliVity, a hyperconverged infrastructure leader powering the world’s most efficient and resilient data centers, today showcased its strength in the financial services and banking industries, highlighting four customers from around the world that have selected SimpliVity’s market-leading solution. The company’s OmniStack technology enables leading financial institutions like Bank Central Asia, Credit and Investments Ombudsman, First Names Group, and PeoplesBank to transform their IT infrastructures and achieve the enterprise-class performance and availability their businesses demand, with the cloud economics their IT leaders require.   Financial services companies, like all companies, need constant access to their data, top-tier performance, and high availability to support their most recent information as well as application level disaster recovery. They can’t afford to have data corrupted or lost and it is imperative that enterprise applications remain predictable and at peak performance, even in the event of a site failure. SimpliVity hyperconverged infrastructure improves application performance while combining all core data centre functions to massively simplify enterprise IT environments. The solution also offers built-in data protection, and disaster recovery capabilities, at a VM or application level to dramatically shrink recovery point and recovery time objectives, ensuring the availability and resiliency of mission-critical applications.   “SimpliVity offers the most comprehensive hyperconverged solution in the market,” said Rich Kucharski, VP solutions architecture, SimpliVity. “Companies in the finance and banking industries cannot afford to go offline or have their mission-critical applications underperform. It is very telling that these companies trust SimpliVity with their most crucial workloads and applications. We are pleased to work with these enterprises to move them into a truly hyperconverged environment that delivers incredible elasticity, availability, agility, and superior cost savings.”  Credit and Investments Ombudsman deploys SimpliVity to meet growing enterprise demands Headquartered in Sydney, Australia, Credit and Investments Ombudsman provides consumers with a free and impartial dispute resolution service as an alternative to legal proceedings for resolving complaints with their financial services and product providers. As the company underwent a period of rapid growth, it found it was in need of an IT infrastructure that would scale along with the company. The organisation also needed to improve its disaster recovery options – in its early growth phase, the IT team was performing weekly full backups and nightly incrementals. However, as the business expanded, so too did its data protection needs. With SimpliVity, Credit and Investments Ombudsman now has disaster recovery fully integrated into their IT infrastructure, dramatically improving the company’s recovery time objectives and recovery point objectives in a disaster scenario.   “SimpliVity has vastly simplified operations for our IT team,” said Matt Grech, IT manager, Credit and Investments Ombudsman. “The complexity of a typical SAN environment is removed and our disaster recovery capabilities are much improved, as well. The performance of our hyperconverged environment has been so incredible, we are currently working on standardising on SimpliVity for all of our IT infrastructure needs. This is truly an enterprise solution.”  Bank Central Asia realises real data efficiency with SimpliVity   Bank Central Asia was looking for an all-in-one infrastructure solution that could provide dramatic improvements in data efficiency at both core data centres and disaster recovery sites. As one of the largest regional banks in Indonesia, the bank needed a reliable data centre solution that was able to provide enterprise performance, predictability, and protection. SimpliVity’s solution allows Bank Central Asia to reap the benefits of global inline deduplication, compression, and optimisation, including backup without additional licensing and without impacting server performance.   “SimpliVity brings something new to the table. By deduplicating, compressing, and optimising all data, at inception, we’re able to achieve unmatched data efficiency without needing a specialised system,” said Hermawan Thendean, executive vice president information technology group, Bank Central Asia.  “It’s unlike anything else other hyperconverged vendors are offering. The company has built something really revolutionary by delivering one complete solution for the data centre.”  First Names Group improves scalability and simplifies management with SimpliVity When the IT team was tasked with improving the network of First Names Group, the first priority was to upgrade the underlying IT infrastructure. First Names Group’s previous infrastructure was made up of various legacy technologies and the incumbent infrastructure environment was not designed to scale in line with the organisation’s growth objectives. To improve business productivity and maximise IT resources, First Names Group deployed hyperconverged infrastructure. With the new IT infrastructure, the company now doesn’t have to worry about if its IT infrastructure can scale to handle periods of growth. SimpliVity’s solution is designed in a scale-out model where x86 building blocks can be added to meet the needs of all growing enterprises. The company also needed a solution that could be managed from a single interface. SimpliVity’s global unified management enables First Names Group to do just that as the IT team now manages the entire SimpliVity solution, in all locations, from a single pane-of-glass.   “There was a lot to consider in choosing the right solution to improve our IT environment now, while remaining capable of dealing with future demand as well. We were originally looking at traditional IT vendor solutions, but when we found SimpliVity, it was like a breath of fresh air,” said Ian Quayle, associate director, First Names Group. “Once we saw that SimpliVity enabled one-click operations where, say, a workload could be transferred in just a few seconds to the other side of the globe, we knew SimpliVity was something revolutionary.”  PeoplesBank future-proofs its data centre with hyperconvergence   To replace its aging and outdated legacy IT infrastructure, PeoplesBank decided to use a technology refresh as an opportunity to invest in a hyperconverged solution. With a hyperconverged implementation spanning two sites for disaster recovery, PeoplesBank is running core mission-critical applications on SimpliVity, including Microsoft Exchange and Microsoft SQL Server, as well as other industry-specific applications. The organisation has also improved and automated its disaster recovery posture, taking advantage of SimpliVity’s built-in data protection capabilities.   “I wanted a solution that would make our data centre future-proof,” said Joe Zazzaro, CIO, PeoplesBank. “SimpliVity has made our entire data centre more efficient, much simpler, and more innovative. We are able to work on new projects now with SimpliVity that we simply didn’t have the bandwidth for prior to going hyperconverged. The impact of SimpliVity and the efficiency it enables has been felt not just in our IT department, but across all facets of the business.”  Resources Read the Credit and Investments Ombudsman case study Read the blog about other financial customers Follow SimpliVity on Twitter, LinkedIn, Facebook, YouTube and Google+ About SimpliVity SimpliVity powers the world’s most efficient and resilient data centres with the most complete hyperconverged infrastructure solution. Unlike traditional infrastructure that’s complex and costly to manage, SimpliVity dramatically simplifies enterprise IT by combining all infrastructure and advanced data services for virtualised workloads—including guaranteed data efficiency, data protection, and VM-centric management and mobility—onto the customer’s choice of server. SimpliVity delivers 3x cost savings versus traditional architectures and up to 49% cost savings versus public cloud. Headquartered in Westborough, Mass., the company has raised $276 million in venture capital and employs about 750 worldwide. A market and customer satisfaction leader, SimpliVity services midmarket and Global 2000 enterprises worldwide with a business model that is 100 percent indirect.  For more information, visit http://www.simplivity.com.  Media Contacts Amanda Conroy Espresso Communicationsamanda@espressocomms.com.au +61 2 8016 2200 +61 422 472 883 Amy Rathbone Espresso Communicationsamy@espressocomms.com.au +61 2 8016 2200 +61 423 230 244® 2016, SimpliVity. All rights reserved. Information described herein is furnished for informational use only, is subject to change without notice. SimpliVity, the SimpliVity logo, OmniCube, OmniStack, and Data Virtualization Platform are trademarks or registered trademarks of SimpliVity Corporation in the United States and certain other countries. All other trademarks are the property of their respective owners. News and invitation: Economic Enquiry Brings Accountants, Government And Technology Together To Grow The Economy 2016-11-03T01:07:19Z news-and-invitation-economic-enquiry-brings-accountants-government-and-technology-together-to-grow-the-economy Sydney, November 3 2016 – Accountants and finance professionals will have the opportunity to influence policy at a State and Federal level, to leverage the new technology and data to become the accountants of the future and to help grow the Australian economy while they are at it at an economic enquiry hosted by Unstoppables Founder, Julio De Laffitte alongside guest speaker the New South Wales Minister for Innovation and Better Regulation, The Honourable Victor Dominello MP. The NSW Minister of Innovation is working alongside industry to free up silos of public agency data to give businesses access to information that will drive new innovation. By working across industries, accountants in a prime position to being an incredible amount of value to their clients. This opening of data will change industries, fuel disruption and propel innovation. This exclusive event on Wednesday November 23 at NSW Parliament House, will give attendees the opportunity to to air and share their views in open discussions and to gain insights from a panel of Australia’s greatest business minds about the importance of the relationship between accountants and business success. The aim of this discussion is to learn how accountants and are in the perfect position to take advantage of the changing landscape to grow business and be an invaluable partner to clients. Speakers include Tim Reed, CEO of MYOB, Jane Stanton, Vice President of CAANZ, Nicholas Adamo, CEO of Bright Sparke and John Peterson, Founding Director of Best Practice Program, as well as Julio De Laffitte, Founder of Unstoppables, and The Honorable Victor Dominello MP, Minister of Innovation. The inaugural event saw more than 120 senior professionals attend. “The second in its series, this wonderful event unites the industry and brings fresh ideas and consideration about new practices, technologies and trends impacting the profession. We’re delighted to welcome the Minister and look forward to some serious insights into the unfolding future of the economy from those driving the change,” said Julio De Laffitte, Founder of Unstoppables. For more information, and to register, please visit www.unstoppables.com.au/accountingparliament or email info@unstoppables.com.au. About Unstoppables In 2014, Julio De Laffitte, a successful entrepreneur and businessman who started his business journey over 20 years ago, formed the idea for Unstoppables - A movement for business leaders and entrepreneurs to collaborate, define and action new economic potential for Australia and beyond. In 2015, Unstoppables took over 100 Australian entrepreneurs to Antarctica on an 8-day collaborative think tank. Out of this, many alliances were formed between start-ups, established businesses and different industries to create new economic opportunities for Australia. All in all, 98 businesses were formed and $47 million was invested. In 2016, Unstoppables took 50 Australian entrepreneurs to the Amazon for a 10-day collaborative think tank. The results were the same in comparison. Many new businesses and alliances are being formed through effective collaboration. In all Unstoppables collaborations, accountants and their unique perspective of multiple industries have played key roles in the formation of new opportunities. This observation has seen Unstoppables working closely with accountants and associated industries to leverage further growth in the Australian economy. http://unstoppables.com.au For more information, please contact: Jo Balfour / Shuba Paheerathan Progressiva Public Relations jo@progressiva.com.au / shuba@progressiva.com.au +61 (0)405 541 018 / +61 (0)438 606 424 MyWorkpapers Integrates With Xero for Cloud-Based Accounting Collaboration 2016-09-27T21:50:25Z myworkpapers-integrates-with-xero-for-cloud-based-accounting-collaboration-1 Sydney, 28 September 2016 – MyWorkpapers (www.myworkpapers.com), a leading financial compliance and collaboration software company headquartered in Queensland, today announced that its cloud-based collaboration workpapers application is now integrated with Xero (http://www.xero.com/), the beautiful, easy-to-use online accounting software. Combining MyWorkpapers Connect, one of the most comprehensive collaborative workpaper solutions for advisors and businesses, with Xero, creates a unique solution that enhances both productivity and revenue for small businesses.  MyWorkpapers Connect helps accountants, bookkeepers and businesses with faster and more accurate workpaper generation and financial verification, significant administrative time-savings, and access to actionable business intelligence that increases overall profitability. MyWorkpapers Connect is a cloud workpaper solution for financial collaboration, document management, workflows and queries. The application enables accountants to manage their monthly client work and build up a year-end file, or use specifically for year-end compliance and minimise risk.  It further helps business owners focus on systemising their business to improve profitability, with collaboration and support from their advisor.     One unique feature of the MyWorkpapers Connect product is that the accountant can work with in-house finance teams, bookkeepers and business owners to create to-do lists for weekly or daily tasks that they should be doing in their business. One example of this efficiency is setting up weekly routines for cash control or when to process bank feeds. By introducing a virtual software platform that both advisers and their clients can collaborate on makes clients more sticky and appreciative of the knowledge and value that their accountant can bring to the table. In turn, with the right systems, processes, and best practices, they can grow their fee base. By reviewing figures, managing queries and assigning tasks on a daily basis, year-end becomes a breeze both for the accountant and the small business. MyWorkpapers Connect provides a collaborative bridge between the two parties. At the same time, MyWorkpapers Connect allows accountants to adopt a consistent, integrated cloud approach to both compliance and audit workpapers across their practice. Anton Donde, Executive Director, MyWorkpapers, said, “Our new offering that integrates with Xero’s online accounting software supports the promise of running multiple applications from one cloud subscription as a high value service.  At the same time, it reinforces our strategy to drive data-driven innovation for our customers and provide accountants, bookkeepers, auditors and their clients with technology to improve productivity, simplify accounting and compliance and, most importantly, boost both collaboration and financial discipline." As both Xero and MyWorkpapers Connect are cloud-based applications, they can be easily integrated to extend their software’s core functionality saving users’ time from not having to re-enter data and information, enhancing productivity and freeing up time. Steven Cooper, Senior Developer Evangelist, Xero Australia, said, “Integrating MyWorkpapers with Xero reinforces our ability to foster and create strong connections between accountants, bookkeepers and small business owners. We know that small businesses thrive when they work closely with their advisers, so developing great technology that facilitates this is beneficial for everyone.” MyWorkpapers Connect complements MyWorkpapers flagship Audit solution, a highly automated paperless cloud-based audit system for performing and managing different types of audits.   About MyWorkpapers With offices in Australia and the United Kingdom, MyWorkpapers (previously known as Auditflow) is an award winning web-based software developer providing affordable, compliant, easy to use software applications and products for business owners, bookkeepers, accountants, auditors, government and corporates.  The product/service offerings are developed by business owners and practitioners to improve the overall quality of financial records and provide software tools to systemise and improve processes in the workplace.    The company’s range of software applications are sold as a Software-as-a-Service (SaaS) model in an innovative way that has gained national and international market acceptance and momentum.   For further information, visit: http://www.myworkpapers.com About Xero Xero is beautiful, easy-to-use online accounting software for small businesses and their advisors. The company has over 700,000 subscribers in more than 180 countries. Xero boasts more than 500 third-party integrations, and was ranked No. 1 by Forbes as the World’s Most Innovative Growth Company in 2014 and 2015. 8common expands Federal Government presence with new Expense8 customer Department of the Prime Minister and Cabinet 2016-09-27T04:30:00Z 8common-expands-federal-government-presence-with-new-expense8-customer-department-of-the-prime-minister-and-cabinet Federal Treasury relationship yields new Expense8 customer – Department of the Prime Minister and Cabinet Total Contract Value for this customer contract is projected to be $395,000 for the 3 year period Latest milestone consolidates 8common’s position among the leading players in the Travel Expense Management space Sydney, Australia – 27 September 2016: Software technology group 8common Limited (ASX: 8CO), today announced it has received final sign off from the Department of the Prime Minister and Cabinet (PMC) to roll out its Expense8 travel and expense management enterprise software as a service (SaaS) solution. This win leveraged 8common’s relationship with the Federal Department of Treasury.   The initial contract is for a period of three years with provisions for extension for another two years. The PMC win will add to 8common’s committed Annual Recurring Revenue (ARR) and additional monthly transaction revenues with the pre-trip approval travel and receipt matching modules.   “We are very pleased with the positive feedback we have been receiving from the government sector regarding Expense8, 8common’s integrated travel and expense management SaaS solution,” said Nick Gonios, CEO of 8common Limited. “We look forward to working with the Department of the Prime Minister and Cabinet to drive greater process and cost efficiencies.”   The Department of the Prime Minister and Cabinet welcomes the implementation of Expense8 and is working closely with 8common. This milestone represents a key step toward their new travel and expense management operating model.   Expense8 is a leading travel and expense management product with an integrated software solution that streamlines the accounting, reporting, tax compliance (GST, FBT) and governance of employee generated expenses and corporate travel bookings. Tailored for each client, Expense8 provides organisations with all the tools needed for employees to plan and book business trips; and reconcile travel and corporate expenses.   Expense8 government customers include Federal Department of Finance, NSW Department of Education, NSW Police, whole of Northern Territory Government, and Transport for NSW.  About 8common Limited and Expense8 The 8common Group (www.8common.com) is listed on the Australian Securities Exchange (ASX:8CO). It is an enterprise software company delivering performance and productivity products to government agencies, large corporates and multinationals globally. Expense8 is a leading travel and expense management (TEM) product with an integrated software solution that streamlines the accounting, reporting, tax compliance (GST, FBT) and governance of employee generated expenses and corporate travel bookings.  MEDIA CONTACTS: Corrie McLeod/Amy Rathbone Espresso Communications 02 8016 22008common@espressocomms.com.au Transport for NSW migrates to Expense8 SaaS-based expense management platform 2016-07-25T00:14:33Z transport-for-nsw-migrates-to-expense8-saas-based-expense-management-platform Long-term customer Transport for NSW adopts Expense8 SaaS solution Three year contract will yield a minimum 23% ARR increase for this customer Sydney, Australia – 25 July 2016 – Software technology group 8common Limited (ASX: 8CO), today announced it has received final sign off from long-term customer Transport for NSW to migrate to the Expense8 expense management platform on a Software as a Service (SaaS) basis and has subsequently gone live.   Expense8 replaces the previous iCMS product that Transport for NSW, together with Sydney Trains, NSW Trains, and RMS, has been a customer of for 16 years. The three year contract will provide a positive impact to this financial year and beyond with a minimum Annual Recurring Revenue (ARR) increase of 23% for the customer contract.   Nick Gonios, CEO of 8common Limited, said “We are pleased to announce another longstanding iCMS customer has committed to an Expense8 migration in the cloud. It provides further evidence that our continued investment into product development is delivering value to both existing and new customers.”   Donna Rodrom, Transport for NSW’s Principal Manager Accounts Payable, said “Expense8’s cloud-based expense management solution provides a simple path to streamlining our procurement-card processes across Transports’ agency cluster enabling us to focus on gaining better visibility on procurement-card spend together with greater process and cost efficiencies.”   Expense8 is an integrated software solution that streamlines the accounting, reporting, tax compliance (GST, FBT) and governance of employee generated expenses and corporate travel bookings. Tailored for each client, Expense8 provides organisations with all the tools needed for employees to plan and book business trips; and reconcile travel and corporate expenses.   Expense8 government customers include Federal Treasury, Federal Department of Finance, NSW Department of Education, NSW Police and the Northern Territory Government.  About 8common Limited and Expense8 The 8common Group (www.8common.com) is listed on the Australian Securities Exchange (ASX:8CO). 8common Group develops enterprise Performance and Productivity software products that support government agencies, large corporations, multinational organisations and specialist professional verticals. 8common comprises of three core products: Expense8, Perform8 and Realtors8.   Expense8 is an integrated software solution that streamlines the accounting, reporting, tax compliance (GST, FBT) and governance of employee generated expenses and corporate travel bookings.  MEDIA CONTACTS: Corrie McLeod/Amy Rathbone Espresso Communications 02 8016 22008common@espressocomms.com.au A MODERN WORLD OF TOO MUCH CHOICE FOR 90% OF AUSSIES 2016-07-17T19:00:07Z a-modern-world-of-too-much-choice-for-90-of-aussies A new study has found almost 90 per cent of Aussies say they find making decisions increasingly difficult, due to more choice and less time, often resulting in ‘buyer’s remorse’. The ‘Decision Drivers Report by Choosi’ is the first in its series and aims to uncover generational shifts, barriers and drivers of our behavior in the modern world. The research uncovered Australians are more likely to seek advice from sources online than in person. In fact, the data shows we spend on average 50 minutes online seeking advice compared to 41 minutes receiving advice face to face. Further data shows we may be turning to online sources as a result of our increasingly busy lifestyles with more than half of Australians (51%) saying they have less time to make decisions nowadays. Senior Sales Manager and Choosi spokesperson Katrina Foster said, “Our research revealed an incredible amount about what is influencing not only how we spend our money, but who we trust to help us make the right choices,” she said. Advice from mum and dad fares the worst with the research showing they usually rank last as a decision making resource, while peers are usually chosen over family members as a source of information to make decisions (33% vs. 24%). “What is also interesting is how we rate ourselves as decision makers. While Baby Boomers strongly see themselves as the best decision makers compared to other age groups (86.1%), other generations do not agree. In fact they see Gen X as the best decision makers when it comes to purchasing both big and small ticket items,” said Mrs Foster. Despite the plethora of information available today, the research indicates the amount of choice we have access to may be making it harder to make decisions when it comes to purchasing in particular. “It is promising to see that less than 1 in 10 Australians feel out of control with regards to their finances with more than half (51.5%) putting a budget in place to purchase large ticket items. Whilst 54% of people would either put a budget in place (29.2%) or walk away (24.8%) from making a small purchase if they didn’t have the savings available,” said Mrs Foster. However, the data revealed that 50% of Australians are less rational with their spending and more frivolous when they are on holidays, whereas almost a third (32%) make more impulsive purchasing decisions whilst food shopping when they are hungry. Furthermore, the data revealed Australians are also less cautious with their spending when spoiling their children (24%) and shopping online (21%). Whilst it is clear emotions have a strong impact on our decision making, almost half of Australians (41%) admit that buying with our hearts instead of our heads is a key factor contributing to buyer’s remorse. One in three Australians (29%) say they have made a large purchasing decision that they have come to regret. Whilst another two in three Australians (70%) have bought things that they have never used. Michael Volkov, Consumer Behaviour Researcher from Deakin University said, “While history may tell us that family are our biggest influencers, as we’re spending less time at the dinner table and more time on our devices, we are increasingly placing our trust outside the family home.” “With access to so many websites, blogs, forums and social groups we are often faced with conflicting or too much information, which in turn causes analysis paralysis or worse, buyer’s remorse,” said Mr Volkov. It’s not only the big purchases we struggle with. For example, Choosi’s latest research shows buying a new tech gadget (36%) and even deciding on what to eat for dinner (28%) are more challenging than deciding where to live (22%). Choosing the right insurance however, tends to be the biggest struggle for most Australians according to the survey. Whilst we opt for online support to make our decisions most frequently, peer support is still highly valued with about three in five respondents (62.6%) claiming to have been influenced by someone, at least to some extent, when making a recent and important decision. “Online advice is so accessible and connects us to endless amounts of information in an instant, but it’s clear we risk making the wrong choice without the help from a source that we really trust,” said Mrs Foster. Supporting data is available at choosi.com.au https://www.choosi.com.au/blog/aussies-spoilt-for-choice-in-information-overload Media Enquiries Lucinda Bell Account Executive Hill + Knowlton Strategies p: 02 9286 1215 m: 0439 020 024 e: lucinda.bell@hkstrategies.com About Choosi Choosi provides information to help customers compare, choose and apply for a range of insurance products online and over the phone Choosi’s free comparison service lets you compare the benefits and prices of a range of popular insurers, so you can confidently choose cover that suits your needs, your budget and lifestyle. About the ‘Decision Drivers Report by Choosi’ In order to explore the role of decision making in modern Australian society, CoreData surveyed 1,000 typical Australians across the nation in mid-May 2016. The sample collection employed soft quotas to monitor representativeness of the Australian population. Hard quotas by state were also engaged to ensure all the main states were represented with sufficiently robust samples (NSW = 200, VIC = 200, QLD = 200, WA = 200, Remaining states/territories = 200). MyWorkpapers Announces Integration with Intuit QuickBooks Online 2016-06-27T04:01:20Z myworkpapers-announces-integration-with-intuit-quickbooks-online Sydney, 27 June 2016 – MyWorkpapers (www.myworkpapers.com <http://www.myworkpapers.com, a leading financial compliance and collaboration software company headquartered in Queensland, today announced that its cloud-based collaboration workpapers application is now available for QuickBooks Online customers. MyWorkpapers Connect is a cloud workpaper solution for financial collaboration, document management, workflows and queries. Combining MyWorkpapers Connect, one of the most comprehensive collaborative workpaper solutions for advisors and business, with QuickBooks Online, the world’s leading cloud accounting solution that 1.4M small businesses globally rely on, creates a unique solution that enhances both productivity and revenue for small business.  The recently launched MyWorkpapers Connect application enables accountants to manage their monthly client work and build up a year-end file, or use specifically for year-end compliance and minimise risk.  It further helps business owners focus on systemising their business to improve profitability, with collaboration and support from their advisor.  Connect complements MyWorkpapers flagship Audit solution, MyWorkpapers Audit, a highly automated paperless cloud-based audit system for performing and managing different types of audits.   The release of MyWorkpapers Connect allows accountants to adopt a consistent, integrated cloud approach to both compliance and audit workpapers across their practice.  As both Intuit’s QuickBooks Online <http://www.quickbooksonline.com/Official>  and MyWorkpapers Connect are cloud-based applications, they can be easily integrated to extend their software’s core functionality saving users’ time from not having to re-enter data and information, enhancing productivity and freeing up time. Anton Donde, Executive Director, MyWorkpapers, said, “This new offering that integrates with QuickBooks Online supports the promise of running multiple applications from one cloud subscription as a high value service. At the same time, it reinforces our strategy to drive innovation for our customers and provide accounting firms and their clients with technology to improve productivity, simplify accounting and compliance and, most importantly, boost collaboration.” Brad Paterson, Vice President and Managing Director, Asia Pacific, Intuit said, “Intuit continues to attract leading cloud-based systems and tools that integrate seamlessly with QuickBooks Online. Using powerful apps from our growing ecosystem gives small businesses greater flexibility in managing their business. We’re delighted that MyWorkpapers has leveraged Intuit’s open API and is now integrated with our platform.”About MyWorkpapers With offices in Australia and the United Kingdom, MyWorkpapers (previously known as Auditflow) is an award winning web-based software developer providing affordable, compliant, easy to use software applications and products for Business owners, Bookkeepers, Accountants and Auditors, Government and Corporates.  The product/service offerings are developed by business owners and practitioners for business owners, practitioners, corporates and governments to improve the overall quality of financial records and provide software tools to systemise and improve processes in their workplace. Its range of software applications are sold as a Software as a Service (SAAS) model, in an innovative way that has gained national and international market acceptance and momentum.   For further information, visit: http://www.myworkpapers.comAbout Intuit Inc. Intuit Inc. creates business and financial management solutions that simplify the business of life for small businesses, consumers and accounting professionals. Its flagship products and services include QuickBooks®, and TurboTax® and Mint.com <http://www.mint.com/> , which make it easier to manage small businesses and payroll processing; tax preparation and filing; and personal finance. ProSeries® and Lacerte® are Intuit's leading tax preparation offerings for professional accountants. Founded in 1983, Intuit had revenue of $4.2 billion in its fiscal year 2015, with approximately 7,700 employees in major offices in the United States, Canada, Australia, the United Kingdom, India and other locations. More information can be found at www.intuit.com.   MyWorkpapers Audit Launches All New Trust Account Templates 2016-06-21T21:01:04Z myworkpapers-audit-launches-all-new-trust-account-templates Sydney, 22 June 2016 - MyWorkpapers, a leading Australian financial and audit software company, has announced the launch of new cloud-based technology for auditors and external examiners completing trust account engagements.   The new MyWorkpapers Audit Trust Account templates will enable Australian auditors and external examiners to conduct compliant trust account engagements using programs created specifically in line with state-based legislation and requirements. At the same time, the programs contain MyWorkpapers Audit pioneering cloud-based features, including new innovations purpose-built for completing trust account engagements.   Anton Donde, Executive Director, MyWorkpapers, said, “Our cloud-based Trust Account templates will be the first available in Australia. Our templates provide a solution in an industry struggling to comply with different state-based legislation.  Firms have been waiting anxiously for these templates and we are pleased to announce their release.”   The 1 July 2016 release will provide templates for: Queensland Legal Professionals Trust Account External Examination Queensland Agents Trust Account Audit New South Wales Agents Trust Account Audit Victorian Agents Trust Account Audit South Australian Legal Professionals Trust Account External Examination South Australian Agents Trust Account Audit   Both assurance practitioners and their clients can access the new client portal to collaborate, communicate and exchange documentation which will help streamline the engagement process, keep track of outstanding queries, keep records all communication within a file and reduce reliance on onsite testing.   Auditors and external examiners will be able to easily track and view compliance issues identified during the engagement as a summary of breaches is automatically generated by the software. At the same time, they will be able to use the summary to review the file, prepare the audit or examination report or management letter, or as a list of issues to discuss with the client.   Having best practices solutions and processes in place is vital for auditors and external examiners to grow their fee base in what is a competitive industry. By introducing the MyWorkpapers Audit software platform to complete audit and external examination engagements and manage administrative tasks, practitioners will experience a return on investment in the form of time-savings and increased profitability.  About MyWorkpapers With offices in Australia and the United Kingdom, MyWorkpapers (previously known as Auditflow) is an award winning web-based software developer providing affordable, compliant, easy to use software applications and products for Business owners, Bookkeepers, Accountants and Auditors, Government and Corporates.  The product/service offerings are developed by business owners and practitioners for business owners, practitioners, corporates and governments to improve the overall quality of financial records and provide software tools to systemise and improve processes in their workplace. Its range of software applications are sold as a Software as a Service (SAAS) model, in an innovative way that has gained national and international market acceptance and momentum.     For further information, visit: http://www.myworkpapers.com   Plato Global Share Income Fund targets high income 2016-06-06T00:04:49Z plato-global-share-income-fund-targets-high-income ~~6 June 2016: The Plato Global Shares Income Fund (Fund) has distributed 4 per cent net income to investors in its first 6 months* and outperformed the benchmark by +1 per cent* net active performance since inception. Launched on 30th November 2015, the Fund is believed to be the first global share income fund in Australia that’s designed specifically for retirement income and is well positioned to meet its annual target of 6 per cent net income Managed by Plato Investment Management Limited, a retirement income equities specialist, the Fund is one of four high income equity funds managed specifically for the income needs of retirees in pension phase superannuation. Plato Managing Director, Dr Don Hamson said “We are delighted that we have to date proved our belief that global equities can deliver solid income without compromising returns. “Australian retirees and their advisers can be nervous about investing outside of domestic stocks, but this shouldn’t be the case. Global equities can provide excellent diversification out of Australia’s bank-heavy dividend market, and we believe the Plato Global Shares Income Fund will show that it is possible for global equities to provide strong income as well.  “With Australian interest rates low and the Australian equity market heavily dependent on a handful of stocks for its dividend income, global equities are a great way to balance out the home risk,” he added. To capitalise on the global opportunities, Plato has created two Funds - the Plato Global Shares Income Fund – an unhedged global developed equity income fund - and the Plato Global Shares Income Fund ( Managed Risk) which uses the Milliman Managed Risk Strategy™ to aim to stabilise portfolio volatility, capture growth in up markets, and defend against losses during major downturns.  These funds complement the existing Plato domestic equity income funds - the Plato Australian Shares Income Fund and the Plato Australian Shares Income Fund (Managed Risk). For more information, please contact 1300 010 311 or email distribution@pinnacleinvestment.com.au *All data is as at 31 May 2016.  Benchmark is the MSCI World (ex Australia, Net Returns Unhedged). Returns are quoted for the Fund’s F Class units and are net of fees. Past performance is not a reliable indicator of future performance and investment returns of less than one year should not be relied upon as any guide to future performance. Actual returns may vary from any target returns described in this document. -ENDS- Media Enquiries: Louise Nealon, CallidusPR T: (02) 9283 4114/ 0403 569 177 E: louise@calliduspr.com About Plato Investment Management Limited Plato Investment Management Limited is an investment management firm specialising in objective-based global and Australian equity investment solutions for wholesale and retail investors.  Plato has a particular focus on managing money for retirees who have distinctive tax and income requirements.  Majority owned and operated by its investment staff, Plato is supported by its minority equity partner, Pinnacle Investment Management Limited, a leading multi-affiliate investment management firm. For more information please visit www.plato.com.au Interests in the Plato Global Shares Income Fund (ARSN 608 130 838), Plato Global Shares Income Fund (Managed Risk) (ARSN 610 438 269), Plato Australian Shares Income Fund (Managed Risk) (ARSN 126 577 820) and Plato Australian Shares Income Fund (ARSN 152 590 157) (‘Plato Funds’) are issued by Pinnacle Fund Services Limited, ABN 29 082 494 362 AFSL 238371, the Responsible Entity of the Plato Funds. The Responsible Entity is not licensed to provide financial product advice. A copy of the most recent Product Disclosure Statement (‘PDS’) for the Plato Funds can be located at www.plato.com.au/retail-funds.  You should consider the relevant PDS and consult your financial adviser before making an investment decision. Plato Investment Management Limited (ABN 77 120 730 136, Corporate Authorised Representative No. 304964) (‘Plato’) is the investment manager of the Fund. Pinnacle Fund Services Limited and Plato believe the information contained in this communication is reliable, however its accuracy, reliability or completeness is not guaranteed. Any opinions or forecasts reflect the judgment and assumptions of Plato and its representatives on the basis of information at the date of publication and may later change without notice. The information is not intended as a securities recommendation or statement of opinion intended to influence a person or persons in making a decision in relation to investment. This communication is for general information only. It has been prepared without taking account of any person’s objectives, financial situation or needs. Any persons relying on this information should obtain professional advice relevant to their particular circumstances, needs and investment objectives.   Federal Treasury migrates to Expense8 SaaS based travel and expense management platform 2016-05-30T04:19:01Z federal-treasury-migrates-to-expense8-saas-based-travel-and-expense-management-platform Long-term customer Department of Treasury adopts Expense8 SaaS solution First Federal government agency to adopt Expense8’s integrated travel & expense management solution Three year contract will yield a minimum 36% ARR increase for this customer excluding the new pre trip approval process revenues   Sydney, Australia – 30 May 2016: Software technology group 8common Limited (ASX: 8CO), today announced it has received final sign off from long term existing customer the Federal Department of Treasury (‘Treasury’) to migrate to the Expense8 travel and Expense8 management platform on a Software as a Service (SaaS) basis.   Expense8 replaces the previous iCMS product of which the Treasury has been a customer for five years. The three year contract will provide a positive impact to the next financial year and beyond with additional features to be used by Treasury to enhance employee productivity and performance.   In addition, this agreement provides a platform for Treasury and 8common to collaborate and onboard more Federal Government agencies onto Expense8 under the Federal Government’s shared services initiative.   Nick Gonios, CEO of 8common Limited, said “This new milestone both extends and transforms 8common’s presence across Australian Federal Government.  It enables Treasury to drive greater process and cost efficiencies with their pre-trip approval (travel) and expense management needs together with having a unique shared service offering in partnership with 8common.”   Expense8 is an integrated software solution that streamlines the accounting, reporting, tax compliance (GST, FBT) and governance of employee generated expenses and corporate travel bookings. Tailored for each client, Expense8 provides organisations with all the tools needed for employees to plan and book business trips; and reconcile travel and corporate expenses.   Expense8 government customers include Federal Department of Finance, NSW Department of Education, NSW Police, whole of Northern Territory Government, and Transport NSW.  About 8common Limited and Expense8 The 8common Group (www.8common.com) is listed on the Australian Securities Exchange (ASX:8CO). 8common Group develops enterprise Performance and Productivity software products that support government agencies, large corporations, multinational organisations and specialist professional verticals. 8common comprises of three core products: Expense8, Perform8 and Realtors8.   Expense8 is an integrated software solution that streamlines the accounting, reporting, tax compliance (GST, FBT) and governance of employee generated expenses and corporate travel bookings.  MEDIA CONTACTS: Corrie McLeod/Amy Rathbone Espresso Communications 02 8016 22008common@espressocomms.com.au MyWorkpapers Launches MyWorkpapers Connect 2016-05-30T01:31:16Z myworkpapers-launches-myworkpapers-connect Sydney, 30 May 2016 – MyWorkpapers (www.myworkpapers.com), a leading financial and audit software company headquartered in Queensland, has launched new cloud-based technology which improves collaboration between accountants, business advisors, bookkeepers, finance professionals and business. The new MyWorkpapers Connect technology enables Australian accountants to manage their monthly client work and build up a year-end file, or use specifically for year-end compliance. At the same time, it helps business owners focus on systemising their business to make money, with the collaboration and support from their advisors. Accountancy practices, bookkeepers and businesses will benefit from faster and more accurate work-paper generation and financial verification, significant administrative time-savings and access to actionable business intelligence that will increase overall profitability. Anton Donde, Executive Director, MyWorkpapers, said, “MyWorkpapers Connect further builds on our existing product set to help accountancy practices not only systemise their workload and become more competitive but also provides them and their clients with content, methodology, technology and innovation to improve productivity, compliance and, most importantly, collaboration.  “Clients quite simply save time with our new Connect platform whether an accountant, bookkeeper or an individual business has shared and easy access to financial records, workflow and day-to-day task management that makes sense of the monthly numbers.   Whether it’s chasing debtors, managing cash-flow or having the insight to make critical decisions on future strategy, finance professionals now have the tools to help their businesses perform better.”   MyWorkpapers Connect bridges most business bookkeeping software to the software used in an accountant’s practice and is software agnostic.  It includes a workflow and queries management dashboard as well as a client portal.  A unique feature of Connect is that it empowers the advisor to work with in-house finance teams, bookkeepers and business owners to improve processes. By  creating and monitoring to-do lists for monthly weekly or daily tasks advisors can ensure their clients are doing the right things at the right time in their business.  For example setting up weekly routines for cash control or when to process bank feeds.  Having best practices solutions and processes in place is vital for advisors to grow their fee base. By introducing a virtual software platform that both they and their clients can access and collaborate on, advisors can increase client stickiness as they increase the appreciation of the knowledge and value that their accountant can bring to the table.  At the same time, by reviewing figures, managing queries and assigning tasks on a daily basis, year-end becomes a breeze both for the accountant and the client.  “Whilst automation of the likes of payroll, monthly reporting or Business Activity Statement returns saves time, what many modern book-keeping tools still lack is analysis and verification of the numbers, the ability to create relevant work papers and supporting documents, assign queries and manage related tasks. “If not managed correctly, it can be a bit like giving a Learner Driver a P plate and the keys to the Porsche, they believe they have the wisdom of an accountant because they can easily navigate the bookkeeping software and reconcile the bank. However, a simple intuitive tool does not guarantee financial data accuracy and in many cases businesses are driving in the dark without their lights on,” says Donde. With pricing starting from $US9 per user per month, MyWorkpapers Connect is delivered on a SaaS model with no upfront capital expenditure and produces a swift return on investment in the form of time-savings and increased profitability. MyWorkpapers Connect complements the existing MyWorkpapers Audit solution, a simple and automated paperless cloud-based system for tracking and managing different types of audits which enables audit managers to minimise the risks of non-compliance, spend less time on administration and more time on more valuable activities.  Customer data shows that MyWorkpapers’ solutions improve the accuracy of financial records, meet compliance and save between 30-50 per cent on labour costs. About MyWorkpapers With offices in Australia and the United Kingdom, MyWorkpapers (previously known as Auditflow) is an award winning web-based software developer providing affordable, compliant, easy to use software applications and products for Business owners, Bookkeepers, Accountants and Auditors, Government and Corporates.  The product/service offerings are developed by business owners and practitioners for business owners, practitioners, corporates and governments to improve the overall quality of financial records and provide software tools to systemise and improve processes in their workplace. Its range of software applications are sold as a Software as a Service (SAAS) model, in an innovative way that has gained national and international market acceptance and momentum.   For further information, visit: http://www.myworkpapers.com   Expense8 helps NSW Department of Education to streamline employee expenses 2016-05-10T22:47:08Z expense8-helps-nsw-department-of-education-to-streamline-employee-expenses Sydney, Australia – 11 May 2016: Software technology group 8common Limited (ASX: 8CO), today announced it has kicked off the second stage roll-out of Expense8 on a Software as a Service (SaaS) basis to support the New South Wales Department of Education (DoE) Purchasing Card Solution.   The second-stage delivery will focus on onboarding card holders, driving usage and ensuring an orderly and timely roll-out. The first-stage delivery of the expense management solution went live in March, offering automated processes and excellent user functionality to DoE card holders.   Expense8 is on track to supply the expense management solution for around 5,000 card holders by the end of this year with further expansion expected in 2017 at the DoE corporate offices and across NSW public schools.   The contract with DoE was won by Expense8 following a public tender process, and is for an initial three years with provision for a two-year extension.   “Since the go-live in March, we have reduced the complexity and time required to manage card acquittal processes and card holder information and spend data that was previously managed manually. The solution is straightforward to use and navigate, which will make the onboarding of card holders much easier,” said Barbara Soiland, Director, Shared Services Business Services, DoE.   Besides DoE, Expense8 is working with many other government clients including the Federal Treasury, NSW Police Force, Australian Electoral Commission, Northern Territory Government, and Transport for NSW. Its solid expertise and deep experience in this sector place Expense8 in a good position to service one of its largest government clients to date.   “We are pleased with how the first-stage implementation went and it’s a great start to our partnership. We will continue to make sure that all hands are on deck as we prepare and work through the second stage go-live,” said Nick Gonios, CEO, 8common.   The NSW DoE is one of the largest single organisations, public or private, in Australia. The DoE delivers high quality, internationally competitive public education with a recurrent budget of $12.8 billion.   Expense8 is an integrated software solution that streamlines the accounting, reporting, tax compliance and governance of employee generated expenses and corporate travel bookings. Tailored for each client, Expense8 provides organisations with all the tools needed for employees to plan and book business trips, and reconcile travel and corporate expenses.  About 8common Limited and Expense8 The 8common Group (www.8common.com) is listed on the Australian Securities Exchange (ASX:8CO). 8common Group develops enterprise Performance and Productivity software products that support government agencies, large corporations, multinational organisations and specialist professional verticals. 8common comprises of three core products: Expense8, Perform8 and Realtors8.   Expense8 is an integrated software solution that streamlines the accounting, reporting, tax compliance (GST, FBT) and governance of employee generated expenses and corporate travel bookings. Perform8 is a survey and action planning solution that helps organisations leverage employee happiness to increase productivity and drive positive change. Realtors8 provides agents and brokers in North America and Asia with a web-based content management system that integrates multi-listing services systems (MLS) with unique property portfolio websites.  MEDIA CONTACTS: Corrie McLeod/Amy Rathbone Espresso Communications 02 8016 2200corrie@espressocomms.com.au