The deal will see the ASX-listed Reckon (ASX:RKN) becoming a distributor of two key solutions from Xeppo, adding the company’s cloud integration engine and Customer Relationship Management (CRM) tool to its APS suite.
Xeppo brings the capability to pull and consolidate data from different teams within the accounting practice — from wealth management and mortgage broking, to self-managed super funds — into a single platform.
Reckon says that prior to this, accounting firms have had to manually retrieve the required data from various sources.
“Xeppo will be particularly relevant for our customers from larger integrated practices, who have been asking for a solution to connect their accounting systems with other key databases within a cloud-based environment for some time now.
“The distribution agreement provides an immediate capability that not only complements our existing product suite and strengthens our cloudification strategy, but also accelerates cloud migration for accounting firms. We are confident this will further reinforce Reckon APS as the premium practice management software provider for accountants.”
Paul Campbell, managing director of Xeppo, said, “This is a great endorsement for Xeppo as it demonstrates how our product can value add other core systems within a practice. We are excited by the opportunities this now provides for both companies to leverage Xeppo to streamline data management and integrated CRM, all in a cloud environment.
“As part of the agreement, Reckon will be putting their sales, consulting, technical and support capabilities behind Xeppo. This arrangement does not affect our product independence and we will continue to connect to systems that are relevant to our clients.”