NetSuite Inc. has unveiled the newest version of its global services business-focused NetSuite OneWorld product, which boasts increased global financial consolidation capabilities, expanded support for international taxation and audit reporting, and advanced inventory costing capabilities.

IMGCAP(1)]Mobile has become a way of life, and with the proliferation of advanced devices, it’s easier than ever to work on the go.

Sage North America executives, including vice president of channel management Tom Miller and VP of marketing Dennis Frahmann, spoke with hundreds of partners today explaining exactly what products will change, what will remain the same, and how Sage plans to assist with marketing efforts behind the renamed product lines.

Small business-focused online accounting and expense tracking product maker Wave Accounting Inc. closed a $4.91 million (CDN$5 million) round of venture capital funding aimed at continuing the development of its free online software for small businesses and marketing it internationally.

Professional services, management-consulting and tax-advisory firm UHY Advisors has partnered with financial software provider BlackLine Systems to bring BlackLine’s account reconciliation and financial close software to UHY’s midsized and Fortune 500 client base.

Reval Inc., a provider of Sofware-as-a-Service products for financial, IT and accounting professionals has released an all-in-one SaaS product for integrated enterprise treasury and risk management.

CCH Small Firm Services has released PaperlessPLUS, a product developed to help tax and accounting professionals to save and store emails, spreadsheets, memos and other documents as PDF files in a client’s electronic folder.

Unit4 Coda Inc., a division of Unit4, has released Coda Financials – Destination: Control, the 12th version of its Coda Financials financial management software.

Sage North America has introduced a program for Sage Accountants Network members specializing in the construction and real estate industry, giving them access to Sage’s construction-focused accounting software and support.

SaaS and on-premise enterprise resource planning software developer Acumatica has included a project management module as a major part of its Acumatica 3.0 release, targeted at professional service, marketing, software, construction, nonprofit, and other businesses that need to maintain separate accounts for different activities.

Intuit has released QuickBooks Enterprise Solutions Advanced Inventory version 12.0, an add-on feature to the financial software package offering enhanced user control over inventory tracking, among other features.

Sage ERP X3 business process management software for midsized distributors and manufacturers now integrates with Sage Exchange.

Enterprise resource planning software developer Syspro has enhanced its flagship ERP system by adding new functionality to its Fixed Assets module.

Fishbowl released the most advanced update of its Fishbowl Inventory software in a special 10-year anniversary edition on Wednesday with enterprise-level features.

SaaS-based sales tax automation service provider Avalara released AvaTax 1099, a cloud-based offering for 1099 reporting that leverages a new strategic partnership with SaaS-based tax information reporting company Convey.

Senior executives around the globe say their organizations have already moved at least some business activities to the cloud, with some companies planning to spend more than a fifth of their IT budget on cloud software and services in 2012, according to a report by KPMG International.

After two years of trying to establish a reseller network for Sage Simply Accounting, Sage North America discontinued support of the program effective Oct. 1, with support for existing solution providers extending until Sept. 30, 2012.

It's no secret that today mergers and acquisitions are an extremely active part of the accounting profession. These combinations are due to numerous reasons, with retirement, leadership and growth at the top of the list. As owners reach retirement age, they are looking for an exit strategy. At the same time, growing firms are looking for merger candidates to gain clients, to gain access to needed staff skills, or to establish a presence in a desired market location. With a marketplace like this of buyers and sellers, it's no wonder there is plenty of activity!

It's the bane of just about every profession: You spend years and years in school, and then spend the rest of your professional life playing keep-up as the profession changes.

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