Emerging cloud-accounting software player GEM Accounts has caught the eye of the big guns. This week cloud-based management software leader SimPRO announced a 30 per cent stake in Gem Software Solutions, with potential for more within the next 18 months.
Cloud implementation company Waypoint’s founder Dan Fairbairn is not surprised to hear SimPRO is keen to secure a stake in GEM Accounts. Waypoint tipped new accounting software GEM Accounts’ imminent success on the back of their launch earlier this year.
“GEM Accounts is exactly what our clients are looking for”, said Dan. “Quickbooks and MYOB target medium enterprise, but they’re a long way off launching a competitive cloud offering. So there was a gap in the accounting space for cloud software designed for medium to large business. GEM Accounts are in a league of their own at the moment.”
Waypoint saw the huge potential in GEM Accounts for their Australian business clients and quickly secured a partnership.
According to SimPRO CEO Brad Couper, the only thing missing from his range of mature cloud-based products is financial software. And Dan agrees. “At Waypoint, we’ve integrated SimPRO into many businesses across Australia, from trade industries to consulting businesses to service providers. SimPRO is a complete solution… well, almost”, says Dan. “The only thing it doesn’t offer currently is financial accounting software.”
Now SimPRO can add GEM Accounts to its extensive cloud software suite.
GEM Accounts is built for multiple users across every country, with multiple currencies and languages across many sites. Featuring a comprehensive reporting suite, freight tracking module, audit control, and inventory management system, GEM accounts provides fast, secure, world-class cloud accounting functionality for medium to large enterprises.
More Information – GEM Accounts and Waypoint Press Release