Pro2Net Calls it Quits

After a six year run as a premier accounting industry Internet portal, Pro2Net (formerly AccountingNet) has decided to close its doors for good.

The company was the first true Internet portal devoted exclusively to the accounting profession. Over the past year, they expanded in scope and in staff to address multiple professional business segments, and hired many industry insiders to stake out a dominant position in the professional marketplace.

As financial market conditions worsened in the past few months, Pro2Net experienced financial difficulties, and retreated from their expansionist strategy to focus on their core business of accounting. The company sustained several rounds of layoffs, but ultimately had to inform its remaining employees on Monday that it is shutting down operations.

AccountingNet founder Derek Doke and a couple of key staff members will remain on board to close up shop later this month.

You may like these other stories...

Event Date: August 28, 2014, 2 pm ET Excel spreadsheets are often akin to the American Wild West, where users can input anything they want into any worksheet cell. Excel's Data Validation feature allows you to...
When you’re running an accounting office, it's easy to become inundated with paper, forms, and email attachments, especially when tax season rolls around. To prevent your office from becoming completely overwhelmed...
It's not a reality—yet—but accounting software is poised to eliminate accountants. We are at a tipping point for many similar professions: online education replacing professors, legal software replacing...

Upcoming CPE Webinars

Aug 5
This webcast will focus on accounting and disclosure policies for various types of consolidations and business combinations.
Aug 20
In this session we'll review best practices for how to generate interest in your firm’s services.
Aug 21
Meet budgets and client expectations using project management skills geared toward the unique challenges faced by CPAs. Kristen Rampe will share how knowing the keys to structuring and executing a successful project can make the difference between success and repeated failures.
Aug 28
Excel spreadsheets are often akin to the American Wild West, where users can input anything they want into any worksheet cell. Excel's Data Validation feature allows you to restrict user inputs to selected choices, but there are many nuances to the feature that often trip users up.