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KPMG partners with Microsoft to build new accounting software "Wiise"

Cloud Accounting Weekly is now Own Your Close, a newsletter for management accountants, controllers,
Own Your Close
KPMG partners with Microsoft to build new accounting software "Wiise"
By Blake Oliver • Issue #86 • View online
Cloud Accounting Weekly is now Own Your Close, a newsletter for management accountants, controllers, and providers of outsourced accounting services. For more accounting technology updates, tune in to the Cloud Accounting Podcast.

I’m back with another collection of news and resources for accountants embracing cloud technology to make their jobs more strategic and impactful.
This week I’m most intrigued by reports out of Australia that KPMG has partnered with Microsoft and Commonwealth Bank to create an SEM-focused standalone accounting software solution called Wiise on Microsoft’s existing Dynamics Business Central platform. Read the story on ZDNet and the analysis and more interviews on Digital First
Is this the beginning of a trend? Will more of the Big Four and smaller professional services providers jump into building/owning software in addition to reselling it? How will this affect KPMG’s reseller relationships with other developers of ERP software? Hit reply and let me know if you have any insights.
Also, if you happen to be in or near Los Angeles on June 14, do join me for a Cloud Accounting Roundtable for Controllers and CFOs at The Culver Hotel. I’ll be moderating and we’ve got accountants on the panel discussion from emerging L.A.-based companies Smartlabs, Sugarfina, and Thrive Market.
Future of the Profession
Big Four
Outsourced Accounting
Software News
Adaptive Insights files for $100 Million IPO
San Francisco startup lets employees paint walls, walk around barefoot
Xero Launches in Canada
Software Updates
Software Tips & Tricks
Podcast
Cloud Stories: 
Ep.53 David Barrett – Expensify
Parenting in the Age of Automation
How You Can Raise Robot-Proof Children
Remote Work
Thanks for reading and have a great week!
Did you enjoy this issue?
Blake Oliver

"Cloud Accounting Weekly" is now "Own Your Close," a newsletter for industry accountants, controllers, and providers of outsourced accounting services! Subscribe and stay up-to-date with the latest in technology, new regulations, and management tips.

For additional resources for management accountants, visit https://floqast.com/resources/. FloQast (where I work) is close management software built by accountants for accountants to help them close faster and more accurately.

For accounting technology news and podcast episodes, check out my personal website at http://www.blakeoliver.com.

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