2021 Predictions reviewed

For the second year in a row, a hectic start to the year has meant a delay in my recurring new year’s articles. My apologies to those who have been waiting with bated breath. For those who haven’t been following along over the last few years, I generally start each year with 2 articles:

  1. Predictions for the year ahead in Biztech – with a specific AuNZ focus; preceded by
  2. A review of how I went last year to hold myself to account.
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The SMERP Dilemma – SME accounting or ERP software?

Like never before, larger and growing Small to Medium sized organisations face a common challenge to decide between SME accounting software or invest in a unified, comprehensive ERP system.

SMERP Dilemma - SME accounting software vs ERP

Which way do they go?

User-friendly, relatively cheap small business Cloud Accounting software like Xero, MYOB and QuickBooks plus operational specific third party apps ;

OR

A comprehensive, relatively expensive and seemingly less user-friendly Enterprise Cloud Platform like NetSuite, MYOB Advanced (aka Acumatica), Salesforce or Microsoft Dynamics 365 Business Central.

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Not quite 19 Predictions for 2019

Over the last few years I’ve tried my hand at predicting the year in cloud accounting and related biztech ahead, publicly critiquing my efforts at the start of the following year. Call me silly, call me brave, call me whatever you like. I do it because I feel too few are willing to back up their guessing with reflection. So rather than complain about it, I do what I think others should.

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2018, how’d my predictions fare?

Predicting the future is hard.

Holding yourself publicly to account for your predictions is even harder, and probably why few people do…

Before I publish my 19 predictions for 2019, it is my tradition and want, that I review my 2018 efforts.

After a solid performance in 2017, I’m marking my 2018 edition a solid B, with comment that “the student can improve with more focus in 2019!”

Here they were and here’s how I went:

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Webinar: The blurring line between SME & ERP

On the 18th of October, Matt joined Sholto Macpherson of Digital First fame to preview his talk at Accountech Live on the SMERP Dilemma.

As it stands in 2018, there is a challenge for larger SMEs to decide between SME Cloud Accounting platforms like Xero and QBo, plus ecosystem “add-ons”, or significantly more expensive and flexible, yet less user-friendly comprehensive Business Platforms like Salesforce, NetSuite, Microsoft Dynamics 365 and MYOB Advanced.

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