Intuit Inc. posted fourth quarter revenue of $651 million, up 14 percent from a year ago, with 64 percent of its overall revenue coming from connected services, compared to 50 percent during the year-ago period in 2011.

After 10 years of growing the business, FreshBooks is now adding Cloud Accounting to its brand and marketing efforts to help better define the company’s direction for accountants and customers.

Cloud-based enterprise resource planning and customer relationship management software provider Acumatica previewed on Monday its upcoming version 4.0 release, which will boast new financial, customer relationship management and supply chain features as well as integration tools.

Cloud accounting and financial technology provider FinancialForce.com has added social relationship management service Jobscience and fixed and remote asset tracking application provider AccountAbility Solutions Inc. as alliance partners.

“I’m not sure Sage is really innovating right now, but at least they are showing signs of change.”

Travel and expense management service provider Concur has improved offerings for its now 3,000-member Advisor Program for accounting professionals and SMB consultants, as well as enhancing its Small Business Edition product.

Accounting and business software vendor Sage North America is holding its annual Sage Summit with thousands of its partners in Nashville, Tenn.

Sage North America is not formally endorsing a Master VAR-type program anytime soon — yet similar alliance programs are being established within Sage’s ecosystem.

Numbers Agent has released the first generation of its Software-as-a-Service accounting and bookkeeping service.

Thomson Reuters announced that it will be holding two Payroll Summits to show accounting firms how offering payroll processing to their clients can add to their profits.

One year after announcing major rebranding plans for all of its products, Sage North America executives are now touting innovation -- particularly around cloud and mobile offerings -- all while still recognizing some partner discontent.

Top Sage North America partner Net@Work has formed a new program geared toward accounting firms, Sage value-added resellers and other professional service firms looking to partner with the company, share resources and possibly align for a future merger or acquisition if applicable.

The tax preparation software industry experienced minimal overall growth over the past five years, averaging only 0.1 percent annually to reach an estimated $2.4 billion in 2012, according to new research.

Top Sage North America partner Blytheco plans to roll out bly:Mobile for Sage 100, a branded version of its mobile app that will allow access to components of the enterprise resource planning software from any mobile device.

Accounting and business software provider Open Systems Inc. has released Dashboard, a business intelligence and analytics tool for application for its Traverse Version 11 accounting and business software.

Outsourced billing services provider Billtrust released Online Billing & Payment Version 10, the newest release of its online billing platform, which features over a dozen enhancements focused on ease of use, better response time and more flexibility in the accounts receivable process.

The American Institute of CPAs has published a new book that offers advice to CPA firms on how to use cloud computing.

Sage North America has partnered with manufacturing resource planning systems maker MISys Inc. to create Sage Simply Accounting Manufacturing by MISys, a specialized manufacturing resource planning tool that integrates with Sage Simply Accounting.

Cougar Mountain Software released CMS Professional 2013, the latest version of its business and nonprofit accounting software, which includes a long list of new features and enhancements requested by existing customers.

Inventory control software provider Fishbowl plans to release Fishbowl Inventory 2012+ on Aug. 9, which will make some of the software’s inventory features accessible for the first time from the cloud.