Wow, what a start to 2017! I’ll try not to get too political, but the first item on my list of BizTech news in January means I can’t leave politics aside…
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17 Predictions for 2017
2016 reinforced that life doesn’t always pan out the way one (even the experts) might rationally expect…
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November Cloud AuNZ Accounting Update
Its been another busy month on the AuNZ Cloud Accounting scene. Conference season is over as the festive season approaches. From the big boys we’ve seen published results and investor days, staff changes and continued growth. And I managed to sit down with Daniel Rabie from Reckon to discuss my beef with their strategy.
QB Connect 2016 – The review no-one else will write
In mid September I published an article: “XeroConSouth2016 – The review no-one else will write“. With the help of a response and tweet from Rod Drury, the article “went viral” (well relative my usual readership) and I managed to get a few extra views and likes than usual. A similar article on the biggest player in world SMB accounting tech, is a logical formula for me to follow. My mantra, go beyond the platitudes and compliments and critique the elements of the conference and strategy that warrant more in depth consideration – something I feel no-one else will do.
Storm Clouds: Big Announcements Coming
I’ve taken the crazy step to post this month’s AuNZ Cloud Accounting update on a weekend – a social media no-go zone/black hole for content. There’s just going to be too much to write about over the coming days and weeks, I just had to get this out today!
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The Rise of AI
September 2016 AuNZ Cloud Accounting Update
Mark September 2016 in your calendars. It was the month when Artificial Intelligence (AI) officially went mainstream in SMB accounting tech. This month saw #XeroCon South in Brisbane and the MYOB Partner Conference Roadshow across AuNZ, both raising the future of “coding free data entry”.
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August Cloud Accounting Industry Update
The accounting software conference season is upon us, with Xerocon, QB Connect, MYOB Partner Conference all hot on the heels of Sage Summit. Apart from the likes of Clayton and Wayne racking up even more frequent flyer miles and social media posts, what can we expect from these events? Much of the same I expect. I don’t see any major announcements being likely.
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Intuit Q3 Results – QBo in focus
This morning (Aussie time), Wednesday May 25, Intuit released their Q3 update to the NASDAQ. Acknowledging its a quarterly update, rather than full year results, it doesn’t say much, but there is some interesting commentary particularly in the conference call, rather than the Fact Sheet, that clearly lays out Intuit’s strategy for QBo into the future.
Just a note upfront: Intuit is a much bigger company than QuickBooks Online (QBo currently accounted for only 3% of revenue in the quarter OR $78m of the total quarterly revenue of $2,304m), but when looking at industry trends and for a comparison with Xero, this is my focus.
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7 Xero Xero K – where for art thou?
Xero announced 400,000 subscribers 11/12/2014.
174 days later, on 3/6/2015, they announced 500,000 subscribers.
119 days after that, as at 30/09/2015, Xero announced 593,000 subscribers in their half year results.
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Getting SaaSy Part II
Assessment of listed (International) AuNZ SMB Accounting Tech
In Part I of Getting SaaSy, I assessed the ASX and NZSE listed SMB accounting tech players competing in the Australian and New Zealand market. For purposes of comparison and relevance, in this installment I’ve assessed the two major international players Intuit and Sage, plus, by popular demand I’ve had a look at Netsuite, whilst not really targeting AuNZ SMBs, they are the longest standing accounting tech SaaS cloud player in the world.