The Progressive Accountant

CompuPay Buys Priority Payroll

CompuPay logoMIRAMAR, Fla. – CompuPay has continued on its series of acquisitions with the purchase of Priority Payroll, a Henderson, Nev.-based company founded in 2003. CompuPay said it would continue to operate the office just outside Las Vegas and would retain many of Priority's operations personnel. Terms were not disclosed

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Tax & Accounting Outpaces Thomson Reuters Total

Tom GlocerWith Thomson Reuters results still showing the impact of a sluggish economy, revenue from its Tax & Accounting business was relatively strong. Strong in this scenario means with the parent showing a 2- percent drop in revenue, the 6-percent growth registered by the tax and accounting operations - with four percentage points from acquisitions - were a bright spot.

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American Results Weaker than Sage Top Line

sage logoAlthough Sage improved profitability and cut its revenue decline worldwide, revenue in North America still dropped at a faster rate than the rest of the company for the half ended March 31. Organic North American revenue dropped 5 percent, compared to the year ago half.  But that was better than the 8 percent decline for the last half of fiscal 2009 which ended on September 30.

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