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Trades about 85% below its sector, cheaper than its peers on earnings.
Reckon Limited provides software solutions in Australia, New Zealand, the United States, and internationally. The company offers Reckon One, an software as a service cloud-based accounting and payroll software platform, which includes mobile app functionality for small businesses; Reckon Payroll, a cloud payroll software for employee self-service; Reckon invoice to create and send online invoices; Reckon business loans; Reckon Accounts Hosted, an online accounting software for large businesses; Reckon Insights, a financial reporting and analytics software; Reckon Payments that accepts online payments; WABI for reservations, point of sale, team management, inventory, and payments; and Reckon insurance that arrange insurances. The company also provides bank reconciliation software that imports bank transactions; expense management software for small businesses; Reckon Timesheets, a software to track time and manage employee timesheets; and project management software for managing jobs and projects to track profitability. In addition, it offers Desktop Accounting; Desktop Point of Sale software; Desktop Personal Finances; business accounting and personal financial software, as well as related products and services; and develops, distributes, and supports cost recovery, scan, and cloud-based integration platforms primarily to legal market under the nQ Zebraworks brand name. The company was incorporated in 1987 and is based in North Sydney, Australia.
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