Technology consultancy Arxis Technology has formed Arxis Cloud Solutions, a new division focused on implementation of its SaaS product offerings and education about them.

Cloud-based financial planning and reporting technology provider Adaptive Planning has secured $22 million in new venture financing, which will be earmarked for global expansion, product development and channel growth.

Information security, remote access, and control and use of mobile devices will have the greatest impact on CPAs’ technology initiatives over the next 12 months, according to the American Institute of CPAs’ 2012 Top Technology Initiatives Survey.

Web-based membership management software developer is forming a U.S. partner network, aimed at a select number of CPAs and accounting and traditional enterprise resource planning software resellers.

Cloud accounting and financial technology provider FinancialForce.com has released FinancialForce Accounting Spring ’12, with enhancements designed to address the key concerns of financial managers, including financial reporting, implementation speed and reporting efficiency.

SAP AG is now offering SAP Business One OnDemand, which will allow partners to host the enterprise resource planning software and target smaller companies.

CCH has reorganized its publishing groups, creating and eliminating several positions at the accounting and tax research and software provider, while focusing more on the company's mobile technology development.

Only months after announcing a re-branding strategy for all of its products, Sage North America is now moving forward with plans to offer customers subscription pricing on all mid-market enterprise resource planning and customer relationship management products, a move the company claims will offer partners and customers more revenue and pricing options, respectively.

News coming from Sage North America later today regarding new plans for product and partner pricing is already riling the channel, as it is expected to have a negative impact on their margins and possible consolidation efforts.

H&R Block has released a tax prep and electronic filing app for Google Android-based smartphones and tablets.

Accounting and consulting firm Moss Adams has introduced a mobile app, making its digital magazine Moss Adams Insights accessible on any iPhone, iPod Touch, iPad and Android device.

Proposed changes in leasing accounting standards are creating concerns among many businesses that use long-term leases, with 92 percent of executives in a new survey indicating they are unprepared to address the changes.

The next leader in your firm could be an information technology professional or chief information officer.

XERO RAISES $20M

As accounting professionals become more mobile, they are in turn discovering devices and technologies that enable them to move more of their work out of the office and discover new, more flexible ways of serving their clients.

It's not all that difficult to define enterprise-class accounting software. If it costs a lot more than your car, and requires a large team several months to install, it's enterprise-class. Defining mid-range and separating it from entry-level is not quite as simple. Though mid-range accounting software is generally sold and serviced by value-added resellers, it still often requires a team to complete the installation, and often takes weeks, rather than days or months.

XBRL-based collaborative data product provider Calcbench has won the $20,000 grand prize for the XBRL Challenge, a contest for developers to build the most inventive and useful application leveraging XBRL-formatted data from the Securities and Exchange Commission’s EDGAR database.

Cloud-based accounts payable and receivable system Bill.com has added to its offerings with the release of CashView, a cash flow management system designed to provide organizations with strategic insight and control over their finances.

Business process automation software maker Aestiva has released a new system to manage time tracking, expense tracking and the invoicing process for professional organizations and professionals who bill clients for professional services.

CCH plans to introduce a new Open Integration Platform to enable customers and outside vendors to integrate their applications and customized software with CCH’s cloud system.