Oracle is paying about $9.3 billion to buy NetSuite, the company that pioneered cloud-based accounting. In a deal expected to close this year, Oracle will pay $109 per share in cash for the target company. Both were founded by Larry Ellison with NetSuite founded in 1998. Oracle CEO Mark Hurd said in a prepared statement the company will invest heavily in both product lines.

Make your firm—whether big or small—last for the long haul by learning from our experts. From how to retain and train your staff to leverage compliance resources to gaining an edge on how to win over clients, stay up-to-date on the latest firm and practice management advice with the NJCPA.

Visit: Your All-in-One Guide to Running an Accounting Firm

Report: The Automated Tax Office Technology increasingly provides tools that can cut time from the tax preparation process. However, hav­ing tools available does not mean

they are always welcome at a tax and ac­counting firm. Sometimes, the barrier to improvement is the attitudes toward the technology on the part of some clients. It can also stem from partner attitudes. Download this free report to discover all the new tools available.

Sponsored By:

Doc.It has added an autofiling feature that enables firms to file documents from tax, time and billing, and other software programs to a designated Doc.It User Inbox, a folder in a Doc.It Work Binder or to the client's Archive. The latest additions to the software also include time-and-billing integration and workflow enhancements.