Accounting Tech

Business Improvement, CRM, ECP, ERP, Technology

Infographic: software for Australian B2B, inventory-based businesses

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This infographic was originally pulled together for our Apps4 Wholesalers Conference & Technology Showcase events back in 2019. Matt recently sat down and updated it to 2023.

We note there’s been a LOT of buyout/acquisition activity, particularly in the inventory management software space (DEAR bought by Cin7, Fishbowl by Diversis, Unleashed by The Access Group etc).

There have been quite a few logo changes. A few new players in traditional segments. A couple of name changes (FinancialForce now Certinia and DEAR now Cin7 Core for example).

And in 2023, the rise and rise of AI – we are seeing more traditional businesses adopt tools like ChatGPT by OpenAI for:

  • Help with writing emails and content;
  • Creating inventory information sheets and website product descriptions;
  • Fast and effective graphics; etc

NOTE: this is not promoted as a comprehensive list, quite the contrary. We openly admit there are far more tools available, but the sheer volume of what we have been able to pull together makes the point that B2B inventory-based businesses have a vast array of software tools available to them!

Software Landscape for B2B inventory-based businesses
Accounting, Future, Industry News, Technology

8 trends in the Accountant’s Software Industry

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In August I posted this article (I’ve just updated the graphics slightly) signaling my intention to publish a series of blogs on the Accountant’s Software market. Across the preceding 12 months, I had undertaken two separate paid research projects on the state of this market and wanted to publish some of the key findings for the interest/benefit of others.

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Accounting, Industry News, Technology

Hey mid-market, get your heads out of the sand, Xero & Intuit are coming!

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It’s time the mid-market accounting technology space woke up and realised its 2018. In Australia, MYOB have handed them the “goose that lays the golden eggs” with their decision not to take Single Touch Payroll to MYOB Premier (see my previous article) and yet none of them are in a position to genuinely capitalise, because they aren’t even playing the same game as the likes of Xero and Intuit!

Where are the bank feeds? How about a solid ecosystem of best of breed add-ons? How about AI and machine learning? How about a modern, mobile optimised UI with decent UX design? Why are these the domain of “small business” systems like Xero and QBo at one end and “corporate solutions” like Workday at the other? What happened in the middle?

A recent experience with a client (which is representative of what is going on in the broader mid-market) has really “got my goat” and compelled me to speak out!

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Announcements, Company News, Industry News, Technology

Xero’s revolving door & FY18 results impending

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There’s been quite a stir around “the industry” over the last month about the churn of key people at Xero. First there was the “succession” of founder Rod Drury, cased in rumours and innuendo, that bears not repeating.

The concern for (not many) investors (judging by the share price since Rod’s departure) was the timing.

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Accounting, Fintech, Future, Technology

QB Connect Sydney – The review no-one else will write

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QB Connect Sydney – the review no-one else will write

OK, by now you’ve seen all the other posts, listened to all the podcasts – even if you weren’t at QB Connect Sydney, you have probably got a good feel for what transpired at the SCG on May 18.

Now it’s my turn. Time for the “Matt Paff altReview” treatment. You may have read my Xerocon 2016 review or my QBConnect US reviews (2015 and 2016). My approach is to avoid the excessive platitudes and focus on the constructive elements and call out the BS. So here goes:

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