Reckon Limited

Reckon's race is run in the cloud accounting battle

The writing was on the wall for struggling accounting software player Reckon. MYOB pulling out of the deal was just the cherry on top.

• Updated Jun 3, 2018
• Yolanda Redrup

MYOB pulls out of Reckon deal, shares tumble

MYOB backs out of Reckon deal, announcing an $80 million strategy to build up its practice management tools and win accounting firms.

• Updated May 31, 2018
• Yolanda Redrup

MYOB's $180m acquisition of Reckon delayed again with extended ACCC probe

The planned $180m deal to merge two accounting software providers will remain in limbo for two more months after the ACCC extended a review of competition implications.

• Updated Apr 20, 2018
• Paul Smith

MYOB's $180m bid to buy Reckon in doubt as Xero considered zero competition

MYOB faces ACCC concerns in its attempt to buy the accounting practice of software firm Reckon, as Xero's rival product is dismissed as 'unsophisticated.'

• Updated Mar 29, 2018
• Paul Smith

MYOB buys Reckon's accounting group for $180 million

Accounting software player MYOB is bolstering its connection to accounting firms, acquiring Reckon's accounting group division for $180 million.

• Updated Nov 16, 2017
• Yolanda Redrup

• Accounting

Reckon split could limit growth, analysts say

Analysts are concerned that the spin-off of Reckon's document management division will limit the growth of the business.

• Updated Mar 28, 2017
• Yolanda Redrup

Reckon spins out document management 'startup' to list on UK's AIM

Accounting software player Reckon is spinning out its document management segment, which it says is more like a startup.

• Updated Mar 17, 2017
• Yolanda Redrup

• Accounting

Lukewarm market reaction to Reckon results

Software firm Reckon expects to grow revenue to more than $100 million even as it competes against heavyweights MYOB and Xero for business and personal accounting customers.

• Updated Feb 14, 2017
• Edmund Tadros

• Accounting

Firms reveal their preferred cloud accounting software

Small accounting practices expect further take-up of cloud accounting services in the next year and have confirmed that ​Xero and MYOB are their most popular packages used by clients.

• Updated Oct 11, 2016
• Edmund Tadros

• Accounting

QuickBooks users jump by 60pc but Xero, MYOB remains leaders

Small businesses using Quickbooks has jumped 61 per cent but the software provider remains behind Xero and MYOB.

• Oct 4, 2016
• Edmund Tadros

• Accounting

Reckon's Clive Rabie says fundie short-termism 'a massive problem'

Executives are pushing back against investors' obsession with short-term performance.

• Updated May 3, 2016
• Agnes King

Perpetual's Nathan Parkin says safe, stable stocks hold most of the risk

Investors might think they're in the safe or defensive part of the market but they're not, says Perpetual's Nathan Parkin.

• Updated May 1, 2016
• Philip Baker

• Accounting

Reckon's not for sale, says CEO Clive Rabie

Reckon founder puts takeover rumorus to bed and hatches a plan to boost its market cap.

• Updated Feb 16, 2016
• Agnes King

Salary Survey 2015: Show of hands keeps lid on 'strikes' against pay reports

Mining and mid-cap companies continue to flout the rules on shareholder voting, disregarding large protest votes to wave through executive bonuses.

• Updated Dec 8, 2015
• Patrick Durkin

Why Aussie fund managers take a global tilt

​Specialist Australian equities investors are increasingly finding their best ideas offshore.

• Updated Nov 10, 2015
• Matthew Smith