Reckon (ASX: RKN) — Company Overview, News & Financial Data
Reckon is an Australian software company that provides cloud-based and desktop accounting, payroll, invoicing, and practice management solutions for small and medium-sized businesses, accountants, and bookkeepers.
Reckon
Reckon is an Australian software company that provides cloud-based and desktop accounting, payroll, invoicing, and practice management solutions for small and medium-sized businesses, accountants, and bookkeepers. The company's core software suite includes Reckon One, Reckon Accounts Hosted, and specialized mobile applications for payroll, invoicing, and employee management. Its platforms enable users to streamline business operations through automated bank reconciliation, Single Touch Payroll compliance, GST tracking, inventory management, and expense handling. Headquartered in Australia, the business serves over 400,000 employees processed through its payroll solutions across Australia and New Zealand.
Snapshot
Operations
Products and/or services of Reckon
- Cloud Accounting Software: Web-based bookkeeping platform that enables small businesses to track daily income and expenses, execute automated bank reconciliations, monitor real-time cash flow, generate Business Activity Statements for tax reporting, and manage project budgets.
- Payroll and Compliance Solutions: Single Touch Payroll compliant software that automates wage processing, superannuation calculations, employee leave tracking, electronic payslip distribution, and Payday Super reporting for over 400,000 employees across Australia and New Zealand.
- Digital Invoicing and Payment Systems: Online invoicing tool that allows businesses to create customized electronic bills, send automated payment reminders, accept credit card transactions, and synchronize payment records directly with bank accounts on web and mobile devices.
- Hosted Enterprise Accounting: Hosted cloud software solution delivering full desktop functionality over web browsers, featuring multi-user collaboration, advanced inventory management, detailed financial reporting, and multi-currency tracking for larger small-to-medium enterprises.
- Mobile Management Applications: Integrated mobile applications providing employee self-service portals, mobile payroll generation, instant invoice creation, time tracking, expense submission, and supervisor approvals for on-the-go business administrative management.
- Desktop Financial and POS Software: On-premises desktop financial programs and point-of-sale software systems designed for retail, hospitality, and traditional office environments requiring localized database storage, transaction recording, and specialized cash register integration.
Reckon executive team
- Mr. Samuel James AllertGroup CEO & Executive Director
- Mr. Gregory John WilkinsonFounder & Independent Non-Executive Director
- Mr. Christer Henrik HagglundGroup Chief Financial Officer
- Mr. Thomas RoweCompany Secretary