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CCH Acquires Accounting Software Company Best Practice Solutions

Research proves SMEs want their Accountants to provide them with more strategic business advice. The addition to the CCH iFirm suite of BPS accounting software solutions like ATO Paper Buster alone can free up around 1,000 annual hours of an Accountants time for providing that advice

SYDNEY, Australia (14 November 2013) CCH, a Wolters Kluwer business, today announced the acquisition of the business operated by Melbourne-based accounting software company, Best Practice Solutions (BPS). This acquisition will significantly expand CCHs ability to provide a holistic software-plus-content solution to accounting firms in Australia and New Zealand so that they can better serve their clients who operate Small- to Medium-sized Enterprises (SMEs).

Headlining 2013 research of over 1,000 SMEs commissioned by CCH shows that SMEs trust their accountant ahead of their financial planner, business partner or lawyer when it comes to which external adviser they trust most, yet only 37% of accountants are sufficiently freed up from transactional work to be able to provide them that strategic business advice.

A natural extension of the content and software already provided by CCH, the addition of BPS software solutions will better equip Accounting Firms with a single source of authoritative and practical information, software and services to become that keenly-sought trusted advisor to their SME clients.

Mr Russell Evans, President of Wolters Kluwer Tax and Accounting Asia Pacific and Chief Executive Officer of CCH Asia Pacific, said this is why clients of BPS and CCH will benefit significantly from the acquisition.

We welcome the addition of the BPS team and its fantastic accounting software products to Wolters Kluwer Tax and Accounting. Our CCH iFirm cloud software suite and BPS revolutionary ATO Paper Buster product is proven to save an accounting firm around 1,000 hours a year so we will make it even easier for accountants to be that trusted adviser to their SME clients, Mr Evans said. SMEs are often cited as the engine room of the Australian economy, but this should more accurately be described as successful SMEs.

Mr Ron Drost, founder and Director of BPS, said the BPS team is looking forward to working with its new CCH colleagues.

We are very excited about joining Wolters Kluwer Tax and Accounting, whose services set global standards. This acquisition demonstrates a clear commitment to investing in leading Australian Intellectual Property and builds on the strengths of both organisations, as well as enhancing our services to our clients and customers.

CCH will be retaining all BPS employees and BPS clients can expect to receive the same high levels of service and attention to detail that they have become accustomed to, as well as newly-available software and content solutions that can further improve their efficiency, productivity and profitability, Mr Drost continued.

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CCH Acquires Accounting Software Company Best Practice Solutions

LUGANO, Switzerland, Nov. 13, 2013 /PRNewswire/ -- The free version of the Banana Accounting Spreadsheet Software (Starter Edition) for Windows, Mac and Linux, now allows the user to view and print the contents of bank statement files in ISO 20022 format.

From January 1, 2014, all banks on the European continent will be required to provide electronic account statements with the international ISO 20022 standard. Those who want to view the contents of the ISO 20022 statements can simply download, install and start Banana Accounting and open (or drag and drop) the ISO 20022 file inside Banana.

The Banana Accounting Spreadsheet software reads the data of the bank statement and displays them in tabular form, with the Date, Description of the transaction, Amount income, Amount expenses and Balance. The data can be printed or transferred in Excel or in other programs with the copy/paste function.

Banana Accounting is a multilingual spreadsheet accounting software available in native versions for Windows, Mac and Linux.

The Starter Edition version is free, and freely downloadable from the site http://www.banana.ch.

With the paid version of Banana Accounting, you can save files that contain more than 70 transactions.

Banana.ch is a software company based in Lugano, Switzerland, founded in 1990 and market leader in the field of accounting for small businesses, associations (not for profit) and individuals.

Banana Accounting is a spreadsheet software for Cash management and Double-entry accounting. Just as in Excel, data can be easily added or edited. Banana Accounting is available in different languages and with native versions for Windows, Mac and Linux. The free version of Banana Accounting (Starter Edition) offers all the features of the full program, except for saving files that contain more than 70 transactions. Over 150'000 Banana Accounting licenses have already been sold worldwide.

PRLog ID: http://www.prlog.org/12241095

SOURCE Banana.ch SA

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Free software to display the contents of ISO 20022 electronic bank statements

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Apple appears to be increasing its internal support to attract and better serve enterprise customers. The company has posted multiple job listings on LinkedIn for positions at Apple that focus on growing its presence in enterprise.

One job listing posted to LinkedIn on Monday was for an Apple Enterprise Sales Representative.

"We are actively searching for an Enterprise Sales Executive focused on selling to the Fortune 1000 ideally out of irvine or San Diego CA," the company said in the listing.

Requirements for the position also include a "high-level understanding of IT infrastructure around device management, security, and infrastructure integration," according to the job post.

Other enterprise-focused positions recently listed include roles in technical support and other enterprise sales positions. In early October, Apple also hosted a recruiting event not far from BlackBerry's headquarters outside Waterloo, Ontario, where it was speculated that the iPad maker looked to recruit some of BlackBerry's enterprise architects, Schadler said.

Historically, analysts said that Apple has had a strong sales team focused on the education market, but not for the enterprise sector. Such a shift would be significant for Apple and its competition, Chowdhry said.

"So far, Mac has been successful without a sales team. Now, if you put a sales team in, that could create magic for Apple," Chowdhry said. "It's more bad news for Dell, Microsoft and the HPs of the world, though."

CNBC reached out to Apple to find out if the company was in fact making a concentrated effort on expanding it enterprise sales and support staff, but the company declined to comment.

Still, it's hard to deny the recent jabs Apple has taken at Microsoft, especially its announcement to give away its iWork productivity software and its updated Mavericks OS for free.

(Read more: Apple increasingly adopting freemium model)

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