INTUIT DOES GOOGLE DEAL Intuit said that the addition of Google services to most of its QuickBooks 2007 products will give users the ability to list their businesses on Google Maps.
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Other Google features being built into the Intuit financial software package include the ability to create and manage campaigns by utilizing Google AdWords and to post products for sale via Google Base, a free product-listing service.
THOMSON BUYS PASSONLINE
Thomson Tax & Accounting has acquired PassOnline, which provides electronic continuing professional education. The company become part of Thomson's CPE business.
PassOnline provides roughly 240 electronic courses for professionals in accounting and auditing, taxation, management, and professional development, as well as ethics training courses for accountants. It will join Thomson's other CPE brands-PPC, RIA, Gear Up, MicroMash, PPC-Bell Learning, and Quickfinder.
SUREPREP SECURES $3 MILLION
SurePrep has secured $3 million in funding from software entrepreneur Sheldon Razin, who also provided seed funding to ePace Software.
The capital will be used to introduce an onshore tax outsourcing service and 1040Scan, an application for accounting firms to scan data from clients' documents directly into their tax software. ePace Software authored the product that was acquired by CCH and is now marketed as ProSystem fx Engagement. SurePrep was founded by CEO David Wyle, who also started ePace.
PAYCHEX POSTS STRONG RESULTS
Paychex has posted earnings of $135.1 million for its first quarter ended August 31, a 17 percent increase over $115 million for the same period last year.
The company attributes the strong improvement to a 9 percent increase in payroll service revenue, to $337.5 million, and a 21 percent growth in human resources services, to $92 million. Total revenues were $459.4 million, a 14 percent increase for last year's corresponding period.
WK TARGETS REVENUE BOOST
Wolters Kluwer, the Dutch-based parent of CCH, is budgeting organic revenue growth of 4 percent, up from 2.3 percent for this year.
The goals were stated in September in Amsterdam by the company's chief executive, Nancy McKinstry, at a day outlining its strategy for 2007 and beyond. Wolters Kluwer is looking for 4 percent to 5 percent organic growth after 2007, along with double-digit growth in ordinary, diluted earnings per share. Wolters Kluwer also announced it is exploring the sale of part or all of its Education Division.
EMONEY ADVISOR GETS M&O DATA
Financial Advisors that utilize the Web-based services of eMoney Adivsor now have access to technology and data from Miningham and Oellerich, which markets a financial-compensation reporting system serving the brokerage, insurance, and banking industries.
M&O, which operates a broker-dealer network, will provide direct access to its data, enabling eMoney advisors to offer their customers reporting on the purchase and sales of securities.
WASHINGTON HEADS PROFILES
Keith Washington has been named general manager of the Financial Profiles division of Emerging Information Systems, which markets the NaviPlan financial planning line. Emerging Information Systems acquired Financial Profiles from its previous owner.
Washington's new title follows the purchase of Carlsbad, Calif.-based Financial Profiles, which markets the Profiles+ financial planning line. Toronto-based EISI also named Ken Harper as senior vice-president of relationship management, Kelly Brown as senior vice-president of strategic business development, and Dale Lacombe as senior vice-president of sales operations.