News / Press

Here you will find the latest news from and about e-conomic. 

 

Press contact

Mark Davies
T 08456-800-471
 

 

30-06-2009 : FSN.co.uk

Investing in innovation:

Lesley Meall finds out where software developers, including e-conomic, are focusing their R&D spend, and why.

Read Lesley Mealls article

 

29-06-2009 : Business technology:

How to slash your operating costs

Paul Garside of Symbiotic Projects, and a user of e-conomic, has written a compelling article in Real Business magazine about reducing operating costs by using SaaS for three of their key business processes.

Read Paul Garsides article

 

25-06-2009 : e-conomic UK

Online accounting case study - The Virtuous Triangle

Read the story of a company that used the collaborative nature of online accounting to solve a common business problem. They were able to bring in expert services from far-a-field and deliver a reduction in their aged debtors by 65% in the first 3 months along with an extra £65,000 in the bank.

The Virtuous Triangle

 

15-06-2009 : e-conomic UK

Profit from Online Accounting Software

Mark Davies explains what online accounting software is, and provides top tips buying advice to readers of smallbusiness.co.uk. What questions should you ask providers to ensure you get the right software for your business?

Read the article

 

08-05-2009 : e-conomic UK

Growth steady for e-conomic - at 60% a year

Jon Wilcox from Business Cloud 9 met up with Torben Rasmussen, CEO of e-conomic, when he was visiting the UK and here’s what he reported:
Growth steady for e-conomic - at 60% a year

Read also Accounting Web's article: e-conomic defies the downturn

 

26-03-2009 : The Green Debate

The Green Debate and Online Accounting

The green evolution of business is upon us and accountants must help clients embrace the change and prepare for the new reduced carbon economy. Our new discussion paper reviews the contribution that online accounting can make to help both practices and clients reduce their carbon footprint.

Read more...

 

17-03-2009 : ZDNet on e-conomic:

Phil Wainewright e-conomic:

Phil Wainewright is an influential commentator and strategist on internet computing and its impact on business. Following a recent interview with e-conomic’s CEO, Torben Rasmussen, this is what he wrote on ZDNet: “As confirmation that Europe has its own indigenous SaaS stars, allow me to introduce e-conomic, a Danish online accounting vendor that’s been posting 60% annual growth rates for the past two years…”

Read about e-conomic on ZDNet here

 

05-02-2009 : The future of accounting

The Future of Accounting

e-conomic was invited to write an article on the future of accounting by CloudAve, the leading online commentary on cloud computing.

Click here to read what we said.

 

02-02-2009 : e-conomic defends the role of SaaS

e-conomic defends the role of SaaS

e-conomic has refuted claims by SAP’s CEO, Bill McDermott, that online software is ‘more expensive and riskier’ than traditional desktop software. Mark Davies, Managing Director of e-conomic said: “…SAP obviously felt that it was desirable to become involved in SaaS, yet less than a year later it is making these claims.”

Read more...

 

06-01-2009 : New review of e-conomic - by CloudAve

Review of e-conomic

"e-conomic is a thorough and robust offering….Users can "plug and play" extra modules from their control panel….accounting software is all about features and e-conomic shapes up well"

Read an independent review of e-conomic by Ben Kepes of CloudAve, the pre-eminent online commentary on SaaS.

Link:
www.cloudave.com

 

25-11-2008 : New VAT rate

Change of VAT rate

e-conomic already allows for the possibility of moving to a new rate of VAT. To change to the new rate of VAT, go to the Settings tab and click “VAT codes” in the left menu. In the list of VAT codes, click the edit pencil for each code that’s currently set to a rate of 17.5 and amend the rate to 15. Invoices will then utilise the new rate automatically. No other changes are required.

 

12-11-2008 : Case study

Franchise network ParadIS applies consistent accounting practices and gains an excellent operational overview of each franchise at a fraction of the cost of traditional systems.

"We decided to look for a system that was easy to use - even for people with no accounting experience."

Learn more about why ParadIS has chosen e-conomic

 

27-10-2008 : Analyst report

An independent profile of e-conomic by IDC, one of the world-leading IT market analysts

"e-conomic has emerged as one of the leading European providers of SaaS-based accounting applications for smaller organisations. With annual growth rates in excess of 50%, e-conomic clearly resonates with its target audience and warranted a closer examination."

Read more...

 

15-09-2008 : White Paper

Online Accounting – What Accountants Say

What benefits does online accounting offer the accountant? Read the comments of 6 practices of varying size who have experienced the reality. They reveal the impact it has made on their jobs, clients and businesses.

Click here

 

28-08-2008 : Software Satisfaction Awards

e-conomic takes on the giants

e-conomic has been highlighted in the small business accounting category and shortlisted in the web-hosted accounting category for the 2008 Software Satisfaction awards.  The showing of online providers demonstrates “the growing reach of web-hosed software as a service (SaaS) systems. The numbers of respondents who used such software more than trebled, accounting for just under 10% of the accounting and finance sample”, according to AccountingWEB’s John Stokdyk.

Read more...

 

15-07-2008 : Case study

LogBuy harnesses the efficiencies and benefits of the internet by collaborating with their accountant in an online accounting system

Using e-conomic saves so much time both for us and our accountant. Neither of us needs to spend time chasing the other for information and relying on snail mail. Instead our accounts are always up to date and available at anytime.

Learn more about why LogBuy has chosen e-conomic

 

23-05-2008 : Review of e-conomic

Review of e-conomic

“e-conomic has a strong track record”, “…the ideal solution for small companies”, “Free access for accountants…to facilitate collaborative working”

Read an independent review of e-conomic by Nigel Harris of AccountingWEB.

 

29-04-2008 : Case study

Symbiotic Projects saves £100,000 per annum and receives higher value from its accountant

"e-conomic has benefited our bottom line in terms of savings made…and our accountant is able to provide the directors with value-added services and advice which really benefit the company."

Learn more about why Symbiotic Projects has chosen e-conomic

 

28-03-2008 : White Paper

Online Accounting - The Reality

Read our new paper to hear the experiences of one company that’s using online accounting. You'll hear how online accounting can deliver speed, transparency, flexibility and increased communication, new ways of growing your client base and developing more profitable income streams.

Click here

 

22-02-2008 : accountingweb.co.uk

Danish internet accounting service e-conomic targets UK

The online e-conomic system boasts a range of impressive features such as sales order processing, stock control and client management and communication tools for accountants. The developer has been working for six months with accountants at Vantis to localise the product for UK businesses. The online Accountants Circle has also signed up as a UK partner for the developer.

Read more

 

14-02-2008 : accountancyage.com

e-conomic enters SME business software market

Competition in the UK accountancy software market for small businesses is set to become even fiercer as Scandinavian group e-conomic launches its online offering this week.

Read more

 

21-01-2008 : White Paper

Quiet revolution? How online accountancy is transforming the accountant’s role

Imagine a time when bookkeepers, business owners and accountants can work together seamlessly. Imagine having more time to effectively manage your business. With online accountancy, that time has arrived.

Click here and read our white paper to find out if internet-based accounting is the future.

 

07-05-2007 : Info

See a presentation of e-conomic

Participate in one of our free presentations and learn more about how to get started with e-conomic.

Two or three times a month we hold presentations of e-conomic, at which we go through the functions of the basic version from a to z. The presentations are for all who want to get started with e-conomic or may need a brush-up on some of the functions, or who would just like to know more about the system.

Contact us on , or call us on 08456-800-471 if you would like further information about where and when we will hold the next presentation.

 

Press releases

13-03-2009

e-conomic surges ahead with annual revenue growth of 60%

e-conomic, the leading European provider of online accounting, announces today its 2008 financial results, revealing revenues in excess of £3.8million for the year to the end of December.

 

Read more

 

22-02-2009

e-conomic partners with Fujitsu for high quality hosting services

e-conomic has signed an agreement with Fujitsu, the global IT and communications giant, for the managed hosting of its online accounting system for small and medium-size businesses. “The success of a Software as a Service (SaaS) provider depends heavily on the level of accessibility and reliability it can give to its customers. Partnering with one of the foremost players in the market gives us a leading edge on service delivery.”

 

 

26-11-2008

New VAT rate highlights inflexibility of traditional software

Switching to 15% VAT could cost small businesses hundreds of pounds in wasted administration time, IT consultancy and accountancy fees.

 

Read more

 

17-11-2008

e-conomic saves SMEs 78p in every £1

Research shows that e-conomic enables businesses to save up to 78% in the first year compared to the cost of traditional accounting software.

 

Read more

 

16-09-2008

e-conomic extends small business VAT reporting

e-conomic now supports all of the VAT schemes favoured by small business.

 

Read more

 

10-09-2008

e-conomic squares up to UK giants

e-conomic is short-listed for the Software Satisfaction Awards 2008 for Accounting and Finance.

 

Read more

 

01-07-2008

e-conomic tops 14,000 customers

e-conomic tops 14,000 customers six months in advance of business plan forecast.

 

Read more

 

11-02-2008

e-conomic launches in the UK

Low-cost, online accountancy software for SMEs comes to the UK

 

Read more

 

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