The Professional Segment of the Tax & Accounting business of Thomson Reuters saw sales growth of 22 percent this year in its accounting and practice management product lines compared to the same period last year.

Audit and compliance technology maker ACL Services Ltd. and global information optimization software and service provider Datawatch Corporation formed a strategic alliance that will help provide audit, risk and compliance professionals with the ability to analyze data trapped in PDFs, HTML files, print files and other content-rich data sources.

Mobile trends drive opportunities and responsibilities for CPAs

Highlights of the previous month's news in accounting technology

Time & billing systems have evolved into a rich set of utilities that enable accountants to manage workflow, assign tasks and review roles, capture information about costs in a dozen different ways, and produce meaningful reports.

Top stories of the previous month from the world of accounting resellers

Intuit has laid off 226 employees from its Consumer Group, which includes TurboTax, many of them in the San Diego area.

XBRL US launched on Wednesday its second annual XBRL Challenge, a contest to discover the top open source analytical tools that can mine XBRL-formatted corporate financial data from the SEC’s EDGAR database.

Cloud-based enterprise resource planning and customer relationship management software provider Acumatica has formalized its channel partner program, offering partnership levels, new certification requirements and improved training.

LBMC Technologies, the technology arm of Tennessee CPA firm Lattimore, Black, Morgan & Cain, has developed IntegraterPlus, an application that integrates Intacct’s cloud financial management and accounting applications with Microsoft Dynamics CRM.

Cloud accounting software provider Wave Accounting has launched new tools to connect accountants and bookkeepers with Wave's nearly 300,000 small business customers, in an effort to help the accounting community grow their business, as well as that of the company.

SingerLewak Systems, part of the technology consulting arm of California CPAs SingerLewak, will no longer be a value-added reseller for Intacct, while its manager Jim Hart has joined cloud accounting VAR Sererra as director of business development.

Adaptive Planning has introduced Adaptive Discovery, a cloud-based data visualization system that works with its budgeting and corporate performance management system.

Vertex has introduced an on-demand, Software as a Service version of its Vertex Indirect Tax O Series and Vertex Sales & Use Tax Returns software.

Two new resellers have joined the Partner Program of social CRM provider Avectra: SouthTech and AccessTek.

Accounting and business software provider Open Systems Inc. has released Version 11 of its Customer Relationship Management for Traverse.

Cloud-based accounting provider Xero has released a general ledger integration with the Run Powered by ADP cloud-based payroll platform for small-business owners.

CCH has released several product updates to provide new workflow and integration features for tax, accounting and auditing professionals.

Intacct has enhanced its cloud accounting software, the Intacct Financial Management System, with more than 100 new features.

Major Sage reseller and Top 100 VAR Net@Work has expanded into Canada with the acquisition of award-winning Sage reseller Synergy Plus Solutions.