IPA announces partnership with IODM

The Institute of Public Accountants (IPA) has formed a partnership with software provider IODM, allowing IPA members to tap into the payments and debt collection service.

IODM's managing director, Damian Arena, said the announcement comes as a result of an extensive due diligence process, together with the "maturing development" of their cloud-based solution.

"Our strategy of providing meaningful new revenue streams to accountants and other advisory bodies means that we can position [ourselves] not as a competitor to an accountants' business, but rather as a partner to help grow their business via a new business advisory service," he said.

"It makes good business sense for the IPA members and provides access to a valuable distribution source."

IPA's chief executive, Andrew Conway, said the "simplicity and scalability" of the software offering in helping to drive revenue streams was a key factor behind the decision to enter a strategic partnership.

"IODM presents an opportunity to continue our drive for innovative products and services for our members," Conway said.

Currently, IODM lists MYOB, Xero, and Intuit-QBO among its key accounting platform partners, with plans to expand beyond its current operating markets in Australia and New Zealand.

"[Our] resources will be allocated to service IPA members across Australia but… over time, [we] will look to utilise the reach of the IPA membership across the globe," Arena said.

"Markets of particular interest include the UK, parts of Europe and many Asian markets."

Recommended for you


Add new comment