Reckon on Monday released the rewrite of its online accounting program Reckon One. The software now uses a more flexible programming language (HTML5) which can be used on Apple as well as PC devices.
The first release, written in a language called Microsoft Silverlight, had to be replaced after Microsoft decided to abandon the code platform.
Reckon’s main point of difference is its modular pricing – it starts at A$5 per month – and the ability to freeze the subscription without losing the data when the application is not needed.
“Most small businesses don’t want to invest hundreds of hours trying to understand a very complex piece of software to do their accounts. They want to spend that time actually running their business,” said Sam Allert Reckon’s managing director for Australia and New Zealand in a press release.
“Reckon One is a game-changer in this respect because of its unique app-based system. This also makes the product incredibly affordable. The core app starts from just A$5 per month. It’s then only $2 to $3 dollars more to add the apps you need, scaling up the system as a business grows, possibly saving hundreds of dollars a year compared to other products,” Allert said.
During the rewrite Reckon improved the user interface based on feedback to the first release and includes several more features. These include a smoother workflow for bank reconciliation and an API service to which third-party developers can connect online business applications.
The revised application has been showcased to clients, accountants, bookkeepers and media over the last few weeks at 22 locations across the country, and has had a very positive reception, with very high retention rates to training, Reckon claimed in the press release.