Press release
Winweb acquires a majority stake in 'AccountsVision'
Winweb International Ltd, a leading international supplier of online business management software solutions for the small business community, has announced the acquisition of a majority stake in Blue Eye Software Ltd, the holding company of ‘AccountsVision’, for an undisclosed sum.Through this acquisition, Winweb International Ltd has obtained an Accounts Production package that is fully integrated with Winweb’s accredited Online Accounting Software.
AccountsVision is a final accounts application that integrates accountancy working papers with the financial statements. AccountsVision keeps a full nominal ledger, automatically prepares a trial balance and lead schedules, and speeds up the working papers preparation through the use of its built in spreadsheet, complete with a range of templates.
Stefan Töpfer, Winweb CEO & Chairman, commented, “We will use our joint expertise to maximise the benefits for the small practice that can be gained by utilising SaaS and our unique online live services model. All Winweb’s Accountant Partners will be able to take full advantage of this addition to the suite of WinWeb’s online office tools. There will be no increase in the Accounting Partner fee from the addition to the product portfolio. The Winweb Accountant Partners also benefit from the free product offer for all their clients. That means not only can our partners offer CashBook and AccountsOffice free of charge to their clients, but also OnlineOffice. This unique offering will further enhance the competitive advantage of our accounting partners, reduce customer churn and make them into "THE" small business advisor in their area.”
By making AccountsVision part of Winweb, Winweb will accelerate the development of its small accounting practice vision, by helping accountants to manage their business and clients better and faster, leaving more time to help small business clients to stay in business.
Following this acquisition, AccountsVision will resume total administrative responsibility for the accountant partner relationships within a few weeks.
About Winweb™
Winweb International Ltd. was founded in 1994 to enable small and medium sized companies to harness the potential of the Internet.
Press Line: 0870 873 5610
E-mail: press@winweb.net
Web: www.winweb.com
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