Fixed Assets an Important Piece of the Puzzle
According to some informed insiders, a fixed asset register is the second most requested features for one of the big three desktop accounting software companies, beaten only by advanced and highly flexible reporting . I’ve never really worked out why fixed assets aren’t covered by the incumbents, by my way of thinking it’s a legacy [...]
It’s a Numbers Game – On SaaS Uptake
Xero posted recently detailing the result of a customers survey looking at what accounting solutions were used prior to the move to Xero. Now all companies are entitled to do a little bit of chest-beating (last week it was KashFlow’s turn). Looking beyond the spin however builds some insights for the individual company, and the [...]
The Beginning of the End for the Incumbents?
MYOB announced yesterday that the takeover attempt (more here) by Manhattan software has received over 50% acceptance thereby triggering the compulsory acquisition process. Readers will recall that MYOB is the dominant player in accounting software in Australasia as well as having made forays into other markets. MYOB also recently release an initial SaaS product (review [...]
Effective Viral Marketing 101
A nice exchange that shows why new business will trump old… User cracked his MYOB accounting install disk Enquired to MYOB who offered to replace disk for $40 Commented on a technology forum Third party suggested he switch to Xero on-demand accounting User expressed a desire but concern at the comparatively high price Xero came [...]
Sold – To the Company With the Biggest Chequebook
I posted about a month ago about the suitors for accounting software company MYOB. I’ve just been told that MYOB has accepted an offer from Manhattan pending shareholder approval. Details below. As I said to another accounting software industry player, I guess the saying “a bird in the hand is worth two in the bush” [...]
Sage Upping the SaaS Ante
We’ve been waiting for a really compelling on-demand accounting offering from one of the big boys. Thus far we’ve had Intuit deliver QuickBooks Online (CloudAve review here) which got a "nice try but back to the classroom" grade. MYOB delivered the first generation of the BusinessBasics Online product (Diversity review here) which at best gets [...]
