Technology
Technology
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Sage Software’s U.K.-based parent company, the Sage Group, reported revenues of $1.12 billion for its half-year, which ended March 31, an increase of 34 percent over the same period a year ago.
May 10 -
Though you wouldn't know it from the software, there are serious changes underway in the market for nonprofit accounting solutions.The software itself has shown only small, incremental improvements in the past year, largely because 2006 was a year of heavy development and major upgrades for most of the major packages. But in the not-for-profit sector, a number of issue are stirring:
May 6 -
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Not-for-profit organizations face a number of challenges not found in the typical business environment, particularly with respect to cash flow management and budgeting.
May 6 -
Management is a term that means many different things to accounting professionals.
May 6 -
Business management and accounting software provider Open Systems Inc. has released the newest version of its proprietary Traverse.
May 3 -
It's little wonder that in many accounting firms, time and billing is still one of the most critical applications, as well as the one most likely to be neglected. The reasons for this importance are underscored by the name of the application itself.While you might argue that it's the expertise of your staff and the product that you sell, the actuality is that what the client pays for is the time your staff spends on their behalf. Value billing is a great concept, but even after all these years of trying to move clients over to this method of billing, many clients still want to see how much effort, in the form of time, is being spent on their account.
April 15 -
RESELLERS ANNOUNCE MERGERBlytheco Business Solutions and Macdonald Consulting Group, two high-volume Sage Software resellers, have merged to form Blytheco LLC.
April 15 -
Digital systems have breakpoints just like paper-based systems. Over the past 10 years, the requirements and capabilities of firm systems have changed, yet processes and people often have not made the necessary adjustments to leverage the available technology.With technology advancements always on the horizon and Microsoft's release of a new operating system and upgrade to Office 2007, firms should think about where they are today and where they want to be within three years.
April 15 -
Sage Software has rolled out new versions of Sage MAS 90 and Sage MAS 200, the company’s enterprise resource planning software geared toward small and midsized companies.
April 5 -
Global software provider SAP is working to shed its reputation of being inaccessible to the small-and-midsized market.The Walldorf, Germany-based company, known for its enterprise relationship planning software system, is targeting what it termed a $15 billion "untapped" global SMB market with a new business model that will cost an estimated $500 million over two fiscal years.
April 1 -
Microsoft Office Accounting Express 2007, a stripped-down version of the company's Accounting Professional 2007 software, recently passed the 1 million mark in downloads during its first three months as a free application.Microsoft released the stripped-down version last October, targeting businesses that are late adopters and rely on pencil and paper, or Excel. Start-ups and eBay sellers were among the intended audience, and Microsoft bundled a number of third-party services with the free download.
April 1 -
Kintera Inc. has unveiled its first software-as-a-service fund accounting system for nonprofits.Kintera Sphere Fundware will allow nonprofit and government organizations to track end-to-end flow of funds, integrating with business applications such as e-commerce, utility billing, and management for grants and donors. Aside from a new inventory module with an e-commerce operation, the accounts receivable features were also upgraded.
April 1 -
A training and learning culture is key to retaining and attracting bright employees. What is a training and learning culture? It's a culture in which the firm grows smarter and more productive. Mediocrity is unacceptable to firms that embrace it, and the alternative results in a downward spiral as the entire firm grows ineffective.Training and learning is a two-way street: Everyone learns and everyone trains. Firms that don't incorporate it as a culture will face increasing difficulty retaining and attracting Generation X and Y employees.
April 1 -
And so, there won’t be the era of Satya Nadella at Microsoft Dynamics, as the product line is called, or Microsoft Business Solutions, the fading name of the business unit built around the former Great Plains is called.Just before Microsoft Convergence, the company’s giant business software user show was being held in San Diego from March 11 through 14, Microsoft’s top management approached Nadella about leading the search engine and ad group. That is the group responsible for fending off the likes of Google.
March 28 -
Party-goers and conference attendees want similar things: to meet people, have fun and feel comfortable. Lessons can be taken from each and applied to the other so that even accounting software events can leave guests smiling. Microsoft’s Convergence 2007 conference, held in San Diego last week, provided a great venue for observing what works and what doesn’t as more than 8,500 Dynamics customers, partners and Microsoft employees gathered to share ideas, see product demos, network and well, party. The company must be doing something right to keep attendance rising. The first event took place in 1997 with a whopping 47 people. Total attendance at last year’s event was 7,404, of which 97 percent reported being “completely satisfied” with their experience, and 98 percent said they would attend again. Not surprisingly, the software giant provided some testimonials on its Web site, but hearing feedback straight from the techie’s mouth somehow seems more believable. Following are some lessons and observations gathered from various venues during the conference -- from the San Diego Convention Center to Embarcadero Marina Park to SeaWorld: Connection is Key. Someone conjured up the idea of creating buttons people could wear to indicate what type of industries they serve (manufacturing, healthcare, etc.) and therefore actually connect with people who might help them improve their business instead of searching for needles in a software stack. In theory, the more buttons they had in common, the better the connection would be. Think how well that could work in a bar, except for the poor guy with the big fat “Other” button pinned to his chest. Cocktails Help Start Conversations. Under “Alcohol Policy,” Microsoft’s conference guide clearly states: “Attendees are expected to manage their own level of alcohol consumption responsibility … You are responsible for your own behavior during the event and after leaving the event facility.” But we are all adults, and therefore adult beverages were flowing freely. After all, they help relax tense guests enough to strike up conversations and build better connections. Executives had tasked attendees with asking random strangers a total of roughly 10 questions throughout the conference and by the Monday morning session reported that the most progress had been made between midnight and 3 a.m. Let There Be Light. Prior to the early morning keynote, a percussion and dance troupe called The Rhythmics put on a high-energy Stomp-style performance -- turning everyday office supplies into musical instruments -- to demonstrate how Microsoft Dynamics can bring new life to businesses. After the spectacular, however, the lights remained low for the next hour as the people who were conducting those late-night Q&A sessions struggled. Have Fun. Kudos to Avalara for standing out from the surrounding black and blue booths in the Expo Center with a tiki bar. Next year the on-demand sales tax services vendor may search for a male model to lay in the hammock (Fabio’s name was mentioned.) Who said accounting technology couldn’t be sexy? Early Bird Gets the Bagel. Arriving to breakfast at 8:31 a.m. when it ended at 8:30 triggered an extra large guard to block the door, refusing entrance. Luckily, extra small speedy types were able to run past him and grab to-go containers filled with fresh fruit and bagels. Microsoft was sure to stock tables throughout the convention center with snacks and beverages throughout the day for those of us too busy to actually sit down for scheduled mealtimes, however. Bigger Isn’t Always Better? This statement holds true for the XXL T-shirts many of the vendors provided prospects and customers -- were they trying to tell them something? But when it comes to caffeine, the more the merrier. Guests who did not want to wait on the Starbucks line that wrapped around the convention hall like an anaconda were subjected to coffee cups so small that one sleep-deprived patron commented they “can’t hold enough caffeine to give a jolt to a field mouse.” He also worried that because they get really hot and they’re flimsy, if he became really excited about something and “squeezed really hard” he’d be in trouble. It’s the Little Things That Count. Forget the surf simulator, Venice Beach boardwalk arcade and live musical entertainment at the opening night reception along the bay: Surfin’ San Diego. What several of the female guests appreciated the most during this outdoor spectacular was the lack of lines for the women’s restroom. Men were waiting a dozen deep as ladies walked right in and waved. Several mentioned it feeling like Christmas, and one even said she was going to note her satisfaction on her comment card. Free Stuff Rocks. Speaking of Christmas, the vendors who provided freebies to interested parties may not have won over those customers, but at least they attracted their attention. From candy and pens to stuffed whales at Tectura’s SeaWorld reception, giveaways attract prospects of all ages. One guest played with an oddly shaped rubber item for a few moments and asked whether anyone knew what it was. When no one did, he put it back in his bag. Hey, one man’s junk is another man’s treasure.
March 21 -
For accounting firms, the term "practice management" covers a range of definitions that includes virtually everything from codes of practice to the assignment of parking spaces. But when it comes to software, the term rapidly focuses on four capabilities that the management of any accounting firm needs to have available:1. The accurate collection of time, expense and billing data, with the added ability to integrate this information into the firm's internal accounting system.
March 18 -
INTUIT TAPS HALVORSEN AS CTOTax and financial software provider Intuit remained "in-house" in filling the role of chief technology officer: Per-Kristian Halvorsen, who previously worked as the company's chief innovation officer, and who has served as acting CTO since September, has been elevated to the post on a permanent basis.
March 18 -
Great leaders develop successors. Where is your firm's intelligence? Is it in the partner group? Is it in your staff? Or is it in both your staff and partner group?The answer is a significant indicator of your firm's destiny.
March 18 -
Sage Software has named its Chairman’s Club members for 2007, the group representing its top-selling business partners in North America.Chairman’s Club members represent the top two partners in each of Sage Software’s six business units of MAS Accounting Solutions, Accpac Accounting Solutions, Construction and Real Estate, Nonprofit, Specialized Business Solutions and CRM Solutions, as well as the next three highest revenue partners outside of that ranking, said Taylor Macdonald, executive vice president, channel and sales operations for Sage . Membership is based on product revenue.
March 9