Payroll provider Paychex has invested in online accounting software company Kashoo. The size of the equity investment was not revealed; however two Paychex executives now sit on the Kashoo board of directors. Paychex CEO Martin Mucci issued a statement that the investment is part of an expansion of products and services his company provides to small and mid-sized clients and the accounting community.

Exact has followed through with its plan to introduce Exact Online into the United States. The Netherlands-based company, and parent to Macola, JobBoss and Max, has rolled out the low-end online product in a program for manufacturers, distributors, wholesalers and accountants that is subscription free until the end of the year. At that time, the product is expected to be in full release. Exact Online is designed for companies with 10 or fewer employees. However, Exact plans to roll out editions for larger organizations.

Tribridge has been named the Microsoft Dynamics Outstanding Reseller of the Year. The Tampa, Fla.-based company received the award at this week's Worldwide Partner Conference. It's a repeat performance for CEO Tony DiBenedetto's company which won in 2007, 2008, 2012 and 2012. It has been a good year for Tribridge which was also selected as Dynamics ISV of the Year for the United States, in a category in which no finalists were named.