Xero Raises Another Round and Acquires WorkFlowMax
Exciting news today from Xero ahead of their user conference tomorrow that spans two important announcements. I’ll cover them individually. $20M Raised from Existing Shareholders Existing shareholders have reinvested to the aggregate tune of $20M. Sam Morgan, Sam Knowles, Craig Winkler and Peter Thiel’s fund Valar Ventures have all taken
SaaS for Agility, Lightweight as an Enabler
In a recent CloudU report, we talked at length about how an organization should approach a move to the Cloud and which applications they should pick as initial prospects for migrating. In the report we advised organizations to look at applications that; • Have significant interaction with external applications or services • Are
Flawed Analysis–On Clouds “Playing Nice”
The other day someone alerted me to a new report put out by IT news that lauds itself as a “technical study of the integration and extension options offered by the largest 20 software-as-a-service vendors serving the Australian enterprise.” The report looks at a few different dimensions including; Can I get my data in and [...]
MYOB Goes SaaS…. Again
I wrote almost a couple of years ago now about MYOB’s (see disclosure statement) first foray into the world of SaaS. I wasn’t overly impressed, saying at the time that: MYOB has the experience, the money and the clout to bring a product to market with the features that users need. Under this measure MYOB [...]
For SMBs, Automation is King. Saasu Delivers Some
Small and medium businesses are inherently time poor. As such any tool that automates their processes is a good thing. Those who aren’t involved in business would look at automatic bank feeds (such as those offered by Xero) as a fun toy, but little more than that. This fails to appreciate just how much of [...]
On Pricing, Demand and Critical Mass
Recently I received a press release from SaaS accounting vendor e-conomic (CloudAve review here) announcing the release of a new pricing structure. Their various pricing plans are dropping by a few pounds a month. Meanwhile they’ve increased the maximum transaction number to allow more companies to work within their small business plan. Commenting on the [...]
More Multi-Currency and Product Pricing Discussion
Hot on the heels of the announcement yesterday by Xero about multi-currency, I received an email from someone commenting about some multi-currency and pricing issues around Saasu, another SaaS accounting product. Saasu have been developing multi-currency for awhile and the implementation of this feature had apparently been delayed for a period of time. On top [...]
SaaS Accounting – Six (or Seven) Months On
I’ve been running my Accounting 2.0 series since the very first day of CloudAve – now, seven months on, it seems a good time to look back on what I’ve seen. In the past seven months I’ve reviewed around 25 SaaS accounting products, and written 30 or 40 analysis pieces looking at accounting 2.0. I’ve [...]
Accounting and E-Commerce a Needs Analysis
Integration is not just a conceptual topic that I talk about for pleasure – it’s a way to solve real world problems and inefficiencies. The best way to espouse a concept however is by way of example so I thought I’d provide a good one. I was in the process of writing an RFP for [...]
More Integration from those Charming Canucks
I reviewed a little while ago IAC-EZ a start-up SaaS accounting offering that leverages the relatively huge and sophisticated FreshBooks customer base. Hot on the heels of that integration comes news that Clarity Accounting, another Canadian SaaS accounting company, has finished it’s integration with FreshBooks also To celebrate, those friendly FreshBooks people are offering Clarity [...]
Adding Value (and Product) to Inventory
The number of SaaS accounting offerings out there is growing by the day already the CloudAve AccountingThread runs to well over a dozen product reviews (as well as a bunch of guest posts and analysis pieces – check it out here). Despite this impressive showing, and perhaps indicative of the fact that the vendors are [...]
You Want Nimble? – SaaS Delivers It
As a (partial) answer to the massive financial calamity hitting it’s economy – the UK has decided to drop it’s VAT rate from 17.5% to 15% effective in a matter of only a few days. In a traditional software environment this would be a nightmare – having to get patches out by mail or auto-update [...]
Saasu – Review
Accounting 2.0 at CloudAve In an ongoing series of reviews and analysis pieces, CloudAve will be taking a deep look into accounting software for the new world. See previous posts below; Accounting 2.0 – Thought Leaders and Product Reviews FreshBooks – Helping SMBs Ride Out the Storm Less Accounting – Review FreshBooks – Review Free [...]
The Second "S" is the Most Important
Being a SaaS evangelist – sometimes it's easy to get caught up in a software-centric view of the world. Every now and then it's good to be reminded that one of the premier differentiators between SaaS and it's installed forbears is the service part of the offering. One vendor that seems well attuned to the [...]
