Reckon Ltd T.RKN

Primary Symbol: RKNLF

Technology Software - Application

Reckon Limited is an Australia-based software company that provides software for accountants, bookkeepers, lawyers, small and medium enterprises (SMEs) and personal users. The Company’s divisions include Business Group and Legal Practice Management Group. Business Group provides accounting and payroll software for small to larger sized businesses and personal wealth management software branded as Reckon One, Reckon Mobile and Reckon Accounts Hosted (cloud products), Reckon Accounts Business and Reckon Accounts Personal respectively. The divisions operate predominantly in Australia and New Zealand. Legal Practice Management Group provides practice management software and workflow solutions to legal firms for document scanning and routing, print management and cost recovery solutions under the nQZebraworks brand, with a focus on releasing new cloud practice management products. It operates predominantly in the United States and United Kingdom, with re-sellers in other parts of the world.

OTCPK:RKNLF - Post by User

Reckon Ltd > Down 8% here at $1.11

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Comment by palekaikoon Apr 01, 2017 1:12pm

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Post# 26062935

RE:RE:RE:Down 8% here at $1.11

It's far more than a record keeping system, and integrating a rating engine and billing system into a cellular network with millions of transactions matched up to millions of subscribers per second in real time is not trivial. R&D is requried to keep them ahead of the competition...they need new products and innovations.

As for the brains of the company being gone, I have seen nothing to indicate this. Lucas and Vishal have been removed from the technical details of their products for years. As long as they take care of the best developers they have, they'll be fine in that regard.

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