The PRWIRE Press Releases https:// 2016-01-18T08:04:43Z Reckon acquires SmartVault Corporation (USA) 2016-01-18T08:04:43Z acquisition-of-smartvault-corporation-usa Reckon Limited (ASX: RKN) announced today the acquisition of SmartVault, a leading Software as a Service (SaaS) online document management system in the United States. SmartVault customers can store all of their business documents online and securely share those files with the right people over the web, or from their mobile device or tablet.  Investing in market leading document management and portal solutions is a key growth strategy for the Reckon Group. SmartVault will compliment Reckon’s Virtual Cabinet® product, which offers an enterprise level document management and portal solution to businesses and accountants. The document management and portal market has seen considerable growth in recent years.  SmartVault will continue to operate under its own brand, led by CEO and Founder Eric Pulaski and will maintain its employee base and head office in Houston, Texas. This continues Reckon’s acquisition model of acquiring leading companies and operating them independently, as wholly owned subsidiaries.  SmartVault Founder and CEO, Eric Pulaski, said: “I am convinced that this acquisition and the synergies between Reckon and SmartVault will increase SmartVault’s value for our customers and our employees. I’m looking forward to this new chapter in SmartVault’s history and to building on the foundation we started 8 years ago – to be the trusted partner to accounting professionals and the businesses they serve.”  Cilve Rabie, Reckon Group CEO said: “We are dedicated to accelerating and supporting our cloud based document management journey and bringing SmartVault into the group represents an important step in this direction. We have been very impressed with the quality of SmartVault’s offering and the productivity gains they are delivering to small businesses and accountants. We look forward to welcoming Eric and his team into the Reckon family.”  - ends - Reckon launches mobile time-sheet and expense module 2015-12-07T02:52:04Z reckon-launches-mobile-time-sheet-and-expense-module Reckon Limited (ASX:RKN) has today officially released its Time and Expenses mobile application for Reckon One, giving small businesses the tools needed to easily track employee timesheets and expense claims. Pricing for the new module starts at just $3 per month. In the digital era where smartphone ownership now exceeds desktop computer ownership the Time & Expenses mobile release is a win for small businesses. Sam Allert, Managing Director, Australia and New Zealand for Reckon said, “We’re excited to release the Time and Expenses mobile application for Reckon One, which complements the already successful browser based module. With 70% of Australians currently owning a smartphone, the mobile solution will further increase workplace productivity for small businesses.”  Dean Darke, Group Product Manager said “Small businesses can use our timesheets component to help with record-keeping in the workplace. For only $3 per month, an employer can offer timesheet access to an unlimited amount of employees or contractors to log their billable and unbillable time on the go via their mobile devices.”  The timesheet component includes comprehensive features with the ability to view full timesheet history, filter timesheets by employees and track time against specific customers or projects. Small businesses now have an affordable, simple mobile timesheets solution allowing them to make the move from paper based record-keeping. Included with the expense component is an intuitive expense entry workflow for employees and functionality that allows employers to control expense claim processing with approvals.  Other updates to Reckon One released today include a customisable bank widget on the dashboard and ABN validation for suppliers in the Core module. In the Invoices module, users can now preview invoice templates and navigate direct to payments made to a particular invoice. For more information visit the Reckon One website. - ends -  About Reckon  Reckon is an ASX listed and Australian owned company with over 25 years’ experience delivering market leading solutions to accountants and bookkeepers, legal professionals and small to medium sized businesses. Our software and infrastructure services are designed to make accounting faster, easier and more productive. Find out more at Reckon connects SMEs, accountants and bookkeepers with new site 2015-08-27T23:19:45Z reckon-connects-smes-accountants-and-bookkeepers-with-new-site Leading Australian accounting software provider Reckon (ASX: RKN) has announced the launch of a new ‘Find a Partner’ website that connects small businesses with Reckon accredited local accountants and bookkeepers. Reckon’s Partner program comprises an array of specialists that have a wealth of industry knowledge, as well as certification across Reckon’s suite of products. The website benefits both SMEs and Reckon Partners by allowing businesses to search for a suitable and trusted accountant or bookkeeper and easily connect with them. Sam Allert, Managing Director Australia New Zealand, says, “Being able to find an expert in the field, with a wealth of knowledge across the Reckon product suite, will help further take the accounting burden off small business owners.” “Technology and software in general is often under utilised – this site can help put businesses in touch with professionals that are able to optimise not only how their business operates, but add value to the bottom line by increasing productivity and automation,” he says. The site offers a searchable mix of accountants, bookkeepers, trainers and business consultants who can help business owners to get the most out of their Reckon software, or just generally find a trusted financial professional to help them manage their business. By simply searching by location or keywords, users are provided instantly with a shortlist of relevant professionals. They are able to not only drill down to see local partners in their area, but can also read their business profile and contact them directly from the site. For Reckon Partners, the site gives them a platform to communicate to small businesses, as well as showcase their expertise and locality.  Reckon appoints new Chief Operating Officer 2015-08-13T03:17:53Z reckon-appoints-new-chief-operating-officer Leading Australian accounting software provider, Reckon Limited (ASX: RKN) today announced the appointment of Daniel Rabie to the newly created position of Chief Operating Officer. Mr Rabie, will step into the role effective immediately, taking responsibility for the strategic direction of Reckon’s shared service functions - IT, Marketing, HR and Development. The move reflects the company’s focus on accelerating outcomes, business unit alignment and adding value through shared services as it executes its three-year strategic plan.    Reckon has had a number of successes over the last year including re-branding as the company parted ways with QuickBooks, moving to a subscription based revenue model and its shift to the cloud. It also recently released a major update to its Reckon One product which delivers ultimate user experience and affordability in cloud accounting. Mr Rabie has been with Reckon for the last five years, his most recent role being that of Strategic Director. His commitment to helping businesses of all sizes to achieve their goals through effective technology and flexible solutions has been a significant part of Reckon’s success to date. Reckon Director and Group CEO, Clive Rabie says, “The COO role is an integral part of our organisational architecture, ensuring that operations continue to consistently support and align with our strategic objectives. This change supports the accelerated uptake of our cloud product range.”  Daniel Rabie says of his appointment, “Ensuring our internal processes energise and foster agility and productivity is something I am passionate about and I am pleased to move into the role of Chief Operating Officer. This role will be instrumental in accelerating our cloud, marketing and development opportunities and I’m inspired to drive the business forward in this capacity.” Reckon doubles its revenue growth and boasts a rapid international expansion in half year results 2015-08-11T01:13:58Z reckon-doubles-its-revenue-growth-and-boasts-a-rapid-international-expansion-in-half-year-results Sydney, 11 August 2015: Reckon (RKN) has announced its half-year financial results today doubling its revenue growth from 3 percent for 2014, to 6 percent for the half-year 2015. Reckon also announced a 5 percent growth in EBITDA for the same period, and EPS growth of 8 percent. Group CEO Clive Rabie says today’s results not only come from continued success in Australia and New Zealand, but particularly from outstanding performance in the company’s international markets. Mr Rabie said: “We are now reaping the benefits of moving to a subscription revenue model. The continued growth of our online business and powerful international expansion has contributed to our performance. “Our suite continues to provide one of the most comprehensive range of products for small business and professional firms.” Highlights for Half-year 2015 include: International Group  International Group revenue has growth by 19 percent. ·         International revenue now represents 19 percent of group revenue and this division is poised to become a much more substantial part of the group in future. ·         Virtual Cabinet has been launched into the USA at a number of accountant’s conferences and the product has been met with a positive response. ·         Demand in the International Group has been strong with a good backlog of orders in place for delivery in the second half. Accountant Group ·         Subscription revenue grew 8 percent, mainly as a result of volume growth from both new customers and cross selling additional modules into the existing customer base. ·         Subscription revenue now represents 91 percent of practice management revenue. ·         The ReckonDocs content business has again performed strongly with revenue growth of 10 percent. Business Group ·         Cloud revenue has grown 44 percent and represents 30 percent of core product revenue. ·         Incremental units sold of the new version of ReckonOne released in June this year are almost three times higher than new units sold in the first five months of the year. This early indication of success with Reckon One has encouraged us to continue our high level of investment in that product. ·         Subscription revenue is up 42 percent on 2014 and now representing 71 percent of core product revenue in this division. Mr Rabie concluded that: “We see large market opportunities for many aspects of our business which we are excited about pursuing over the coming years. This means continuing to invest in people, marketing and development in the short term to allow longer term revenue and growth.” Reckon’s results presentation is available on the company website Reckon announces free 2015 Annual Conference in three locations 2015-08-05T02:01:42Z reckon-announces-free-2015-annual-conference-in-three-locations Leading Australian accounting software provider, Reckon Limited (ASX: RKN) today announced dates for its upcoming annual conference, with registration now open for Australia and New Zealand’s flagship industry event for accounting and bookkeeping professionals. Compromising of three events; one in Melbourne, Auckland and Sydney, the three event format reflects the call for easier geographical access for its widespread audience, and it is the only event of its kind to offer free admission for all attendees. The format reflects a focus on education with the second day entirely dedicated to in-depth, face-to-face training on Reckon’s comprehensive range of products and solutions. Attendees can tailor their own experience with 25+ sessions to choose from including: ·         The Reckon Journey: The story so far and what the future looks like. ·         Embracing disruption: The top 10 developing and future technology trends and how to manage changes and impacts on a  business. ·         Ways to grow your accounting and bookkeeping firm: Panel discussion where Reckon clients and partners share their journey and experience in the changing accounting industry. ·         Digital marketing: Discussing the building blocks of today's digital tools including SEO, SEM, UX and analytics and how they can be applied to accounting and bookkeeping businesses. ·         Moving your practice to the cloud, including the benefits of working from multiple devices and locations. ·         Reckon One deep dive and accreditation: In-depth training on Reckon One's four modules and accreditation as a Cloud Advisor. ·         Accounts Hosted: Insightful tips, best practices and answers to the most frequently asked questions on the product and ways to enhance client relationships and increase efficiencies. Sam Allert, Managing Director, Australia and New Zealand for Reckon said, “We believe it is vitally important to our clients and industry professionals that they receive practical, day-to-day guidance and solutions that make a tangible difference to their business. Additionally, by making this event free, we hope it will be an easier decision for whole teams to take the time to attend, not just one or two individuals who then have to pass on that knowledge to the rest.”  At the end of the two days, attendees will understand how to leverage accounting solutions to help build their client base and manage their business efficiently. The events are supported and sponsored by industry heavy weights including Amazon Web Services, Tax Management NZ, Accountancy Insurance, Fee Synergy, Web Ninja, American Express, Association of Accounting Technicians, Senor and DTS NZ. Dates and locations: Melbourne | 10 - 11 September 2015 Auckland | 24 - 25 September 2015 Sydney | 1 - 2 October 2015 For the full program, click here. Accountants, bookkeepers and media are all invited to attend. Details on guest speakers will be released shortly.Note for media: The Reckon Journey keynote address will provide valuable insight into Reckon’s journey to date, the company’s future direction and the opportunity to speak to a spokesperson on the day. If you would like to attend one or more session/s, please contact Rebecca Ryan. ANZ Bank and Reckon join forces for online BankData processing 2015-07-20T23:40:08Z anz-bank-and-reckon-join-forces-for-online-bankdata-processing Reckon Limited (ASX:RKN) today announced its relationship with ANZ Bank to allow for a completely online integrated BankData application. Australian Reckon One customers can now sign up for BankData for all ANZ cheque and savings bank accounts and Business One Credit Card accounts. Moving from a paper-based process, this new development means that Reckon clients banking with ANZ can set up their BankData feed by simply logging into their ANZ account online. Through Reckon One’s BankData application businesses can streamline and automate their entire bank reconciliation process. BankData eliminates data entry and has the ability to split different transactions into different accounts. With connections to an array of major Australian Banks already, adding ANZ Bank to fold further strengthens the BankData offering. The relationship allows for enhanced automation and tracking in Reckon One’s already powerful BankData application. ANZ Bank customers are now able to set up a direct feed into Reckon One online, from their ANZ account.   Sam Allert, Managing Director, Australian and New Zealand for Reckon said, “We are pleased to welcome ANZ Bank as part of our BankData ecosystem for Reckon One. Not only will this improve the onboarding experience for ANZ Bank customers, but also completely cuts out the previous paper-based process. ANZ Bank customers are now able to electronically set up the feed from their bank account to Reckon One, through the ANZ Bank internet site. “We will continue to work with ANZ Bank to subsequently roll-out a direct feed from non-business credit card accounts. We’re also focusing on rolling out this facility with other banks.” ANZ Bank customers simply need to purchase the Reckon One BankData module (from just $3 per month) when they sign up for Reckon One and then log in directly to their ANZ Bank account through the ANZ website and add the feed. Reckon's SyncDirect promises to streamline accountant data entry 2015-06-17T23:18:05Z reckon-s-syncdirect-promises-to-streamline-accountant-data-entry Reckon (ASX: RKN), one of Australia’s leading accounting software providers, has today officially announced the release of its SyncDirect product, enabling accountants and bookkeepers to now  automate data collection in their practices, regardless of the SME accounting software their clients choose to use.  Not only does this promise to save the accountant time and provide efficiency gains, but firms no longer need to be forced into software ‘monopolies’, and now have the freedom to recommend a range of different branded SME accounting software solutions based on what their clients actually need, not what would be most convenient for the accountant to capture their data back into their own systems. “Sync Direct completely cuts out the laborious task of manual data entry associated with client systems that don’t match up,” said Sam Allert, Managing Director of Australia and New Zealand, Reckon. “Accountants can give their clients freedom of choice, to use the accounting software that most suits their needs, while still maintaining efficiencies and cost-effectiveness in their practice.  “Additionally, with automated data transfer, and availability of real time data, SyncDirect allows accountants to act as virtual CFO’s for their clients, providing the means for additional revenue streams and business diversification opportunities which are so important particularly with the compliance changes the industry is experiencing,” Mr Allert said. According to Boyce Chartered Accountants Director Caroline Wilcher, accommodating clients’ software needs while maintaining efficient practices is paramount – and SyncDirect allows them achieve this.  “Boyce firmly believes in clients using the best accounting system for their needs. SyncDirect allows us to fully maximise our existing investment in customised XPA sheets and also gain efficiency savings when working with different accounting systems. “The ability of SyncDirect to retain mapping information across years is a big drawcard for us. It means we map once and then only need to deal with exceptions from then on. This really reduces the cost of production in year two, and if the source changes we can simply re-push that data into SyncDirect at the click of a button. This is particularly useful for interim reporting, or where clients make changes to their data,” Ms Wilcher said. Ms Wilcher also said that SyncDirect has created a lot of extra capacity for the business to focus on their consolidated reporting processes, as well as increase the time they are able to spend on their client-value offerings including monthly management reports. For more information visit the SyncDirect webpage.                                                        - ends - About Reckon Reckon is an Australian publicly listed company well-known as a leading provider of software solutions for accounting, bookkeeping and legal professionals, as well as small to medium sized businesses in Australia and New Zealand. Reckon’s extensive product range is designed to make accounting faster, easier and simply more productive. Find out more at About Boyce Chartered Accountants Boyce is the largest independent professional services firm in regional New South Wales and has consistently ranked in the top 40 in the annual BRW Survey of Australian Accounting Firms. The business has a deep commitment to the communities in which it operates, contributing both as a business and individually to help ensure continued growth and prosperity. Reckon highlights its product diversity as key strength to winning the market 2015-06-15T01:55:18Z reckon-highlights-its-product-diversity-as-key-strength-to-winning-the-market Reckon (ASX: RKN) has today showcased its formidable product diversity with the release of a new video, which aims to highlight to customers just how broad the Reckon range really is. The video can be accessed on the Reckon website here. According to Sam Allert, Managing Director, Australia and New Zealand: “When it comes to financial and business management software, we offer one of the most extensive product ranges for small businesses and accountants across desktop and cloud platforms. “From Reckon Docs, that assists in the creation and set up of new companies, through to the app-based and most affordable Reckon One solution, to mobile credit and payment solutions, to professional solutions for accounting practices. Reckon provides a one-stop shop for a business or accountants’ financial management needs – whatever stage they are at,” Mr Allert said. For over 20 years Reckon has serviced over 600,000 customers and works with near 6,000 accounting firms, bookkeepers and financial planners. It’s commitment to relationships and the needs of the industry is reflected in its range of products and services, showcased in the release of this new video. Reckon’s Group Marketing Manager, Matthew Butler said, “More than just highlighting the features and benefits of the flagship products in the range, the video was designed to show in a very personal way how these products can fit into the everyday life of a business. Unlike many of our competitors we’re a one-stop shop that offers true freedom of choice, no matter your business size.” The brand video incorporates just a few of Reckon’s star products: Reckon Docs: allows users to register new Companies, Trusts, Self Managed Super Funds, set up Employment Docs for companies and perform advanced searches (Land Titles, Business name, Bankruptcy, PPSR searches)Reckon One: is Australia’s most affordable online accounting software, starting from only $5. Users can add in the apps they need from only $3 as their business growsReckon Pay: Takes credit and debit card payments on your phone (coming soon)Reckon APS: Is Australia’s most feature rich software for accounting firms Reckon feels confident that businesses will respond well to this breadth of choice, and consider Reckon as the ‘go to’ provider or first point of call, when it comes to business management solutions.                                                         - ends - About ReckonReckon is an Australian publicly listed company well-known as a leading provider of software solutions for accounting, bookkeeping and legal professionals, as well as small to medium sized businesses in Australia and New Zealand. Reckon’s extensive product range is designed to make accounting faster, easier and simply more productive. Find out more at Major new Reckon One update launched in Australia and New Zealand today 2015-06-01T01:12:20Z major-new-reckon-one-update-launched-in-australia-and-new-zealand-today Leading Australian accounting software provider Reckon (ASX: RKN) has officially launched the eagerly anticipated release of its new Reckon One online accounting software for small business today. The cloud accounting solution for small business owners gives them unprecedented ease of use and affordability when it comes to simple yet effective and efficient software for managing their business. The unique app-based approach and pricing model – the product starts at just $5 per month – means Reckon’s competitors won’t be able to compete in price, making the Reckon One offering incredibly valuable. The product has been showcased to clients, accountants, bookkeepers and media over the last few weeks at 22 locations across the country, and has had a very positive reception, with very high retention rates to training being reported by the company. The software is now available to use at, or for those who would like to try it first, a free trial is also available. To further educate the industry in the uniqueness, usability and affordability of the product, Reckon has developed a campaign that includes a newly developed video: Reckon One runs on HTML 5 so users can access the system on any device; the user interface of the system radically simplifies workflow and ease of use; and it includes an API service which allows third party developers to link into Reckon One to offer their own applications. Sam Allert Managing Director, Australia and New Zealand, Reckon said the product offers a unique and valuable proposition to users “Most small businesses don’t want to invest hundreds of hours trying to understand a very complex piece of software to do their accounts. They want to spend that time actually running their business. Reckon One is a game-changer in this respect because of its unique app-based system - a world first for small businesses – where it allows the business owner to choose the apps they need, when they need them. This also makes the product incredibly affordable. The core app starts from just $5 per month. It's then only $2 to $3 dollars more to add the apps you need, scaling up the system as a business grows, possibly saving hundreds of dollars a year compared to other products,” Mr Allert said.                                                                                - ends - About ReckonReckon is an Australian publicly listed company well-known as a leading provider of software solutions for accounting, bookkeeping and legal professionals, as well as small to medium sized businesses in Australia and New Zealand. Reckon’s extensive product range is designed to make accounting faster, easier and simply more productive. Find out more at Reckon releases new Time & Expenses module for small business 2014-09-10T01:25:43Z reckon-releases-new-time-amp-expenses-module-for-small-business Reckon, one of Australia’s leading accounting software developers, has today further expanded its unique modular cloud accounting program with the release of Time & Expenses. Reckon One now delivers online capability for Australian small businesses to keep track of how long specific jobs take and control expenses. Reckon One, first launched in Australia earlier this year, now delivers key features many sole traders or micro-business owners need to effectively manage their finances and keep track of cash flow. The unique design of the program means that business owners choose and pay for only the features they use.  Time & Expenses in Reckon One makes it possible for business owners to account for all time spent completing a job, as well as all the costs associated. Together with the Projects and Invoices modules already available in Reckon One, the new Time & Expenses becomes a powerful tool for small business owners to ensure all their activities are being accounted for, and they are billing clients correctly. “Not everything that happens in a small business can simply be tracked back to a supplier or specific job. A small business owner’s time and their out-of-pocket expenses are both part of getting a job done. With the new Time & Expenses module in Reckon One this can be done on-the-go,” said Pete Sanders, MD of the Reckon Business Group. Alongside the Time & Expenses module released today online reporting has significantly improved with new reports and new groupings now in Reckon One. Alongside new aged debtors and aged creditors reports users now also have an expanded report tab. “Reckon One now provides the reporting engine behind many small businesses. It’s critical that this engine is user friendly and logical. Through customer and partner feedback we’ve made changes that make it easier for users to drill down into their performance quickly.” Reckon One is available as a 30-day free trial, which includes the Core, Invoices, Projects and Time & Expenses modules, at The Time & Expenses module starts at $3 per month. Reckon Roadshow 2014: Business software showcase for SME’s and Accountant’s 2014-05-01T00:30:40Z reckon-roadshow-2014-business-software-showcase-for-sme-s-and-accountant-s Throughout May and June Australian software provider Reckon will visit 22 cities and towns across Australia showcasing the latest business technology. Accountants, Bookkeepers and small business owners are invited to Reckon Roadshow 2014 to see new solutions first-hand, see practical examples of how new products benefit businesses and get a glimpse of future developments from Reckon. The Reckon Roadshow 2014 agenda includes: A look at current trends impacting accounting professionals and business owners; The latest news on cloud accounting solution Reckon One – you’ll hear how ‘designed by you’ is growing; A look at how Reckon Accounts Hosted is changing, see first-hand how improvements to the online platform that will help make the program faster and more stable; An update on how it’s now possible for firms to have ‘one process’ for managing client data through Reckon SyncDirect; and News on mobile payment solution, Reckon Pay. Register for a Reckon Roadshow event near you > Follow the activity from the Reckon Roadshow on Twitter using#ReckonRoadshow New cloud accounting app gives small business more control 2014-04-15T00:01:12Z new-cloud-accounting-app-gives-small-business-more-control Australian software developer Reckon has today announced the official launch of their new online accounting application for small businesses, Reckon One. The new online accounting solution, specifically built for web, allows users to choose and pay for only the parts of the program they need to use. Reckon One is now available for Australian small businesses to try for free via the Reckon website and it will be available in New Zealand soon. Pete Sanders, MD of Reckon’s Business Group says the unique design of Reckon One will shift perceptions about how business software can be purchased, designed and used. He says while the modular design sets the program apart, it’s the user-design of Reckon One that gives small businesses, and the professionals who support them, the simplicity they’ve have been crying out for. “We feel the modular design of Reckon One will change how small businesses view accounting software. There’s no longer a big set of features they need to purchase as part of a package, a user can simply choose the parts of the program they need, we call this designed by you. We feel Reckon One is so simple that small businesses will quickly be able to gain control of their business finances,” says Sanders. “By being unencumbered by unnecessary features, and having the control to choose only the features they need, small businesses can quickly gain control of their business finances. The user can also switch off features they don’t need, so they’ll only pay for the one’s they use.” The initial release of Reckon One includes the modules of: ·         Core – necessary module for recording of receipts and payments; ·         Invoicing – for creating invoices; ·         Projects – a project management tool for tracking costs; and ·         Reckon BankData – for receiving transactions directly from connected bank accounts. The Reckon One Core module starts at $5 a month. According to Reckon this low entry cost will be especially attractive to micro-business owners seeking to improve how they manage their business. With the cost of entry significantly reduced, in comparison to competing products, a new business can get up and going with the right tools to help them succeed says Sanders. “Reckon One is ideal for the micro-business owner. Automating financial tasks and having access to business performance data from anywhere on a smartphone will definitely increase their chances of success. The program also has clever budgeting, forecasting and reporting tools.” Nathan Elcoate, the owner of Axis IT, has been involved in beta testing Reckon One. He says the simplicity and speed of the program are most impressive. “The simplicity of the software is beyond belief. It is so fast to enter, so logical to lookup and retrieve information; and the dashboard is fully functional and informative. I am really looking forward to seeing the ongoing developments with this product,” says Elcoate. Reckon has plans to quickly grow the functionality of the new cloud accounting app, with payroll and inventory modules already in development, as well as a time and billing module. “As a company we have never been as excited about a product release as we are about Reckon One. This is unlike anything we’ve created before and the journey so far has been incredible. We are already looking ahead at how the program will evolve,” says Sanders. Small business owners and anyone interested in trying the new online accounting solution can get started with a 30-day free trial today by visiting, once signed up users can also download the free Reckon app via the Apple App store or Google Play store. Editor’s note: Product images, interviews with Pete Sanders and access to the Reckon One online accounting solution are all available for media representatives by contacting Rebecca Kington. MEDIA CONTACT: Rebecca KingtonPR Executive Ph: (02) 9577 5718 / 0413 359 009E: Reckon releases solid full year financial results 2014-02-10T23:03:20Z reckon-releases-solid-full-year-financial-results Reckon releases solid full year financial results Sydney, 11 February 2014: Reckon (RKN) has announced solid full-year financial results today posting $98.1m revenue for the year ending 31 December 2013, a 1% increase in revenue earnings on the previous year. Reckon has also announced a 4% growth in EBITDA for the same period. CEO Clive Rabie says today’s results come off the back of a significant year for Reckon. He has cited a number of milestones for the business over the last 12 months that put the company in a strong position for the future. “In 2013 our business underwent a great deal of change to position Reckon for growth in 2014 and beyond, and we’ve moved closer toward our goal of offering clients a choice of a full suite of desktop, hosted and cloud products. “A number of significant activities included the development and unveiling of our new cloud accounting software, Reckon One, and finalising the re-branding of the Reckon Accounts range of products. We’ve also significantly changed our internal structure and strengthened our leadership team in recent months as we prepare for future growth,” says Rabie. Highlights from Reckon’s full-year financial results include: Reckon Accounts product range sales growing by 4%. A positive result despite replacing the 20 year old brand-name in Australia and New Zealand; A 5% growth in Reckon Docs company compliance solutions; Strong growth in Virtual Cabinet Revenue; Introduction of subscription pricing in the Professional Divsion; Scan product for the legal market launched; and The sale of Reckon’s investment in Connect2Field Holdings Pty Ltd. Now Reckon is strongly positioned to capitalise on the release of their new cloud accounting solution, Reckon One. “We are particularly excited about the potential opportunities that the delivery of Reckon One into the Australian and New Zealand markets initially, and internationally at a later date, will have on our group,” says Rabie. About Reckon Reckon is an Australian publicly listed company well-known as a leading provider of software solutions for accounting, bookkeeping and legal professionals, as well as small to medium sized businesses in Australia and New Zealand. Reckon’s extensive product range is designed to make accounting faster, easier and simply more productive. Find out more at Northern NSW business owner wins prestigious national award 2013-09-26T03:46:25Z northern-nsw-business-owner-wins-prestigious-national-award Australian software specialist Reckon has named Reckon Accredited Partner (AP) Clayton Oates as the 2013 AP of the Year for his dedication to the network and improving small businesses.Clayton Oates, who operates QA Business in Northern NSW, was selected from hundreds of dedicated Reckon Accredited Partners who support accounting firms and businesses throughout Australia. Pete Sanders, MD of the Reckon business group, said Clayton was a standout winner this year as a real champion within the network.“As a long time partner of ours, Clayton has consistently been driven to help businesses and accounting firms improve their efficiency through technology. Having grown a successful business in Northern NSW he’s become someone many partners look to for advice and inspiration,” said Pete.Clayton was announced the winner of the Reckon AP of the Year award at Reckon National Conference gala evening on 21 September, 2013. The AP of the Year award is voted for by partners within the Reckon AP network, and ultimately chosen by the Reckon AP Council.“For me it’s about the peer recognition. I am so honoured and humbled to have won this award,” said Clayton. “What a great time to take on the mantel as the accounting industry and businesses are taking major steps toward moving their systems online.“When I first teamed up with Reckon as a partner nearly two decades ago it was about relationships, and it still is. Our network is about building relationships with each other, with Reckon and with businesses to help them through their journey so they’ll succeed, and from that we’ll succeed too,” said Clayton. Clayton also received the inaugural Online Advocate award for the most online sales throughout the year.Reckon Accredited Partner Sharon McKellar, who runs a bookkeeping business in WA, was also recognised at the Reckon National Conference for her contribution the business community winning the “Community Spirit” award.