MYOB software branding to disappear
Monday, 11 August 2008
Source: AccountancyAge.com
The publishing business that acquired accountancy software company MYOB earlier this year has announced that it is to phase out the brand.
Wolters Kluwer told Accountancy Age that by September almost all MYOB branding will be gone and by January 2009 it will be completely replaced by CCH, the company's software arm.
Cathy Wolfe, CEO of Wolters Kluwer, said: 'MYOB still exists in Australia and is best of breed there'.
WK confirmed that following the acquisition there were no redundancies in sales and that it is not planning any big cuts. 'We want to expand our strong position so there is plenty of work to go round' added Wolfe.
Wolters Kluwer's announced last week that it had launched CCH ProSystem, a hybrid of both CCH and MYOB technology.
Simon Crompton, head of CCH, said: 'The new software has opened up a complete and totally integrated suite, for strong, big, and entry level organisations'.
CCH ProSystem will be available on upgrade to all customers of both CCH and MYOB and fully implements both package models into its framework.
SG comment - I have featured this article as amongst the MYOB brands are well known tax software products PerTax (including new rewritten .NET version), SecTax (for share dealings) and TrusTax (for trusts and estates). I suspect they will keep these product names, and repackage them as CCH products.
The publishing business that acquired accountancy software company MYOB earlier this year has announced that it is to phase out the brand.
Wolters Kluwer told Accountancy Age that by September almost all MYOB branding will be gone and by January 2009 it will be completely replaced by CCH, the company's software arm.
Cathy Wolfe, CEO of Wolters Kluwer, said: 'MYOB still exists in Australia and is best of breed there'.
WK confirmed that following the acquisition there were no redundancies in sales and that it is not planning any big cuts. 'We want to expand our strong position so there is plenty of work to go round' added Wolfe.
Wolters Kluwer's announced last week that it had launched CCH ProSystem, a hybrid of both CCH and MYOB technology.
Simon Crompton, head of CCH, said: 'The new software has opened up a complete and totally integrated suite, for strong, big, and entry level organisations'.
CCH ProSystem will be available on upgrade to all customers of both CCH and MYOB and fully implements both package models into its framework.
SG comment - I have featured this article as amongst the MYOB brands are well known tax software products PerTax (including new rewritten .NET version), SecTax (for share dealings) and TrusTax (for trusts and estates). I suspect they will keep these product names, and repackage them as CCH products.
Labels: company news, tax software, technology
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