We get contacted a lot about what is the best accounting / bookkeeping software to use in Australian businesses. The standard consultant and right answer is always “it depends”. It depends on so many things:
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10 predictions for 2020 in Australian biztech
Here goes, after a fairly ordinary go at it in 2019 (which I reviewed here), I’m laying bare my reputation and saddling up for another shot in 2020.
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Predictions for 2019 – in review
It’s that time again. A new year and time for Matt Paff’s predictions for the year ahead in BizTech/ Cloud Accounting. BUT, as always, before I do, its only fair that I take the time to review how I fared last year (here’s last year’s predictions).
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7 Reasons why I dumped MYOB Essentials
Given my professional interest in accounting technology and out of a desire to stay up-to-date, I have been using the 3 most popular browser-based accounting / bookkeeping software systems (Xero, QuckBooks and MYOB Essentials) across 3 different businesses I’m involved with.
Recently I became so frustrated with using MYOB Essentials in my vSure business that I had to end the experiment. Here’s the 7 reasons why I dumped MYOB Essentials:
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3 Accounting Tech Whales under the investor’s microscope
May is a big month for Accounting Tech investors – we get the “3 big whales” of SME accounting software all reporting within days of each other. Its the one time of year we can assess how much the “rising tide is raising all ships”.
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Winter is coming, Why May is my favourite month in Accounting Tech
For us antipodeans, May is a stark reminder that winter is coming. The introduced deciduous trees we have, have given up hope that this year, climate change means they can keep their leaves, and so our streets are littered with the dry, brown, yellow and orange cast offs of these foreigners, as the days shorten, the weather chills and we all await the next episodes of GOT.
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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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Is STP, MYOB’s make or break play?
MYOB have a significant make or break play in market at the moment and few seem to be commenting on it. And I’m not talking about Practice Management and the abandonment of the the Reckon Accountant’s division acquisition.
The ACCC has concerns about the MYOB Reckon deal – I have concerns about the ACCC?!
WARNING: This article is heavily laced with opinions and is not suitable for consumption by those who are sensitive to strong views…
At the end of March, the ACCC released its preliminary findings into the proposed acquisition of Reckon’s Accountant’s division by MYOB.
2 documents were released:
- A media release dated March 29, 2018, titled “ACCC CONCERNED WITH MYOB ACQUISITION OF RECKON ASSETS“
- A Statement of Issues dated March 29, titled “MYOB – proposed acquisition of Reckon’s Accountants Group“
In short, I find the media release ridiculous, poorly worded and off-point. The Statement of Issues, whilst not without some substance, shows a lack of genuine investigation, understanding of competition and technical wherewithal.