Displaying items by tag: Clive Rabie

Accounting software provider Reckon’s chief executive Clive Rabie is stepping down to become managing director in the wake of the failed bid by competitor MYOB to acquire the company's Accountants Practice Management division.

Accounting software provider Reckon is boasting cloud users totalling 47,000 and attributing its 2017 earnings to growth of subscriptions to 75% of the total group revenue or $90.3 million. 

Accounting software group Reckon has recorded a 13% growth to $70 million in subscriptions for the 12 months to the end of December last year, with cloud subscriptions now making up 82% of total revenues.

Accounting software provider Reckon has turned in a strong performance for the half year to the end of June, with revenues growing by 6% to $57 million.