Billback, the legal focussed expense management and cost recovery firm has merged with APS (Advanced Professional Solutions), a company specialising in practice management systems for accounting firms.
The merger occurred due to Billback being purchased by APS's parent, Reckon Limited in January 2009 for AU$18 million.
Although most of us in the legal world have never heard of them, APS apparently is "the primary practice software supplier to 22% of the Top 100 accounting firms in the UK, over 60% of the Top 50 firms in New Zealand and over 70% of the Australia’s Top 100 firms."
It will be interesting to see where this move takes Billback. They may expand their business model into the accounting world, or re-deploy their legal sales force to sell software to accountants.
More here: http://www.accountingweb.co.uk/
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