Technology news February 2007

Technology

Software & Service Report: Trintech's AssureNET Express for Web-based Accounting Compliance

Trintech Group Plc, a leading provider of financial software and services specializing in reconciliation workflow, revenue enhancement, transaction risk management and compliance has released AssureNET Express, an on-demand solution for GL Reconciliation, Review and Certification.Designed to enhance the speed of implementation and accelerate return on investment, AssureNET Express complements Trintech's current line of On-Demand solutions, including ReconNET for high volume, transaction-intensive account reconciliation, and Treasury eNET for treasury and cash management.AssureNET Express
Practice

White Paper: 10 Reasons to Outsource Remote Data Protection

In today’s information-driven organizations, the costs to generate, keep available, manage and recover data are staggering. Many businesses today depend on 100 percent data availability to keep mission-critical functions operating. With the increasingly widespread reliance upon data, the costs of interrupted access to data or data losses could financially compromise an organization and, in some cases, leave it no room to recover. The price of downtime is just too steep. 
Technology

Google’s New Business Software Includes Spreadsheets

Web search leader Google has introduced a subscription business software package that includes spreadsheet functions.Google Apps Premier Edition, a new version of Google’s hosted services for communication and collaboration designed for businesses of all sizes, is available for $50 per user account per year, and includes phone support, additional storage, and a new set of administration and business integration capabilities.With the addition of Google Docs & Spreadsheets, Google claims teams can easily collaborate on documents and spreadsheets without the need to email documents back a
Technology

The Accountant’s Guide to a Career in Technology

By John StokdykWhen he recently asked in an AccountingWEB opinion article, Why aren't there more accountants in IT?, Microsoft's Tim Lennard began by suggesting there was a potential surplus of talent within the profession that could be more gainfully employed in the technology business. One of the reasons Lennard's article was so popular was that it managed to provoke reactions from both sides of the fence. Several IT industry veterans dropped into the conversation to describe their front-line experiences, while technophobes highlighted some of the reasons not to go into IT.
A&A

E-mails As Evidence: Business Owners Face New Procedures

Changes in federal employment law may change the way you and your employees store e-mails and e-messages, but Business & Legal Reports reports that one of the key changes facing small business owners this year is not a change in law at all.The U.S. Supreme Court established a set of new procedures dealing with electronic messages that may be needed as evidence in trials. Why is the procedural change important to you? One look at your computer inbox, electronic communication has exploded in recent years, leaving the postal carrier feeling a bit lonely these days.
Tax

Non-Profits Service Fund Software Launched

Kintera Inc. has unveiled its first software as a service fund accounting system for non-profits.Built on its social constituent relationship management platform, Kintera Sphere Fundware will allow non-profit and government organizations to track the flow of funds from end to end, integrating with business applications such as e-commerce, utility billing and management for grants and donors.“One of the things in the back of people’s minds is where is the money going,” said Harry Chiu, senior vice president of product management for Kintera.
A&A

Legislation To Boost Electronic Payment Processing

Many treasurers dream of eliminating paper from their processes and are moving both data and funds entirely electronically, according to Business Finance magazine.Several new pieces of legislation will facilitate the move to electronic payment processing. One is back-office conversion, or BOC. Effective March 2007, BOC will allow retailers and other businesses to convert checks to electronic data streams.
Technology

Tax Prep Software Put To The Test

While a reported 60 percent of taxpayers use a paid preparer to complete their tax returns, there are still many individual filers who prepare their own returns using tax prep software. In two separate instances in 2006, tax courts ruled against filers who tried to blame their erroneous returns on the software they used.
Technology

Accounting Software Provider Acquires Digital Insight Corp.

Intuit Inc., a leading provider of business and financial management solutions for small and mid-sized businesses, financial institutions, consumers and accounting professionals, has completed its acquisition of Digital Insight Corp. Intuit believes the acquisition of Digital Insight, a leading technology provider in online banking, will help redefine the relationship between financial institutions and their small business and consumer customers.
Technology

Information Security Management Remains Chief Concern

Information Security Management is expected to continue to have a powerful influence over business in 2007, according to the 18th Annual Top Technology Initiatives survey of the American Institute of Certified Public Accountants (AICPA). For the fifth consecutive year, the survey identified Information Security as the technology initiative expected to have the greatest effect in the upcoming year.A related initiative, Identity and Access Management, jumped from sixth place in 2006 to second in 2007.