Also building standalone bank data aggregation service.
At its annual user conference last Friday, Saasu CEO Marc Lehmann announced the company would add a “revolutionary” global tax system to its cloud accounting program.
Lehmann gave few details other than it would be “very untraditional” and the first stage would be revealed within three months. The full tax system would take up to two years to release.
The tax system included the ability to file electronic forms online directly to the Australian Taxation Office and other government agencies, Lehmann said.
Saasu would also launch a bank data aggregation service to replace the US financial services giant Yodlee. Saasu would sell the service to other companies, Lehmann said. “Technologies like this need to be shared or sold,” Lehmann said, who described himself as a social capitalist.
Desktop software featured in Saasu’s roadmap. Saasu was integrating its software with Sage Handisoft for processing tax forms from Saasu. “A lot of firms don’t think the functionality in cloud accounting software will be there for several years,” Lehmann said.
Saasu was adding auto-migrate tools for Quicken and MYOB, Lehmann said.
Reporting would receive an upgrade too. Saasu was “really strong” in creating reports through the use of merged fields and would add the ability to email branded PDF reports, Lehmann said. “More like Google Analytics reports,” he added.
Lehmann commented on the company’s global expansion. Saasu was in “startup mode” in New Zealand and was committed to adding customers there, despite the decision of a close partner, accounting software vendor Acclipse, to start a competing product, Lehmann said.
The company had made progress in the UK and had won support from the UK government after lobbying by one of Saasu’s long-term investors.
Lehmann presented awards at the inaugural user conference, held in the NSW Teachers’ Federation House, Sydney. Matthew Ardeljan from Matthew Leigh won Saasu partner of the year, Jodie Coleman of Terrigal Business Solutions was best implementation partner, Jim’s Bookkeeping took out best franchise partner, OneSaas was best integration platform and BizLinc picked up the best connected application of the year.