January 2008

CODA agrees to Agresso's terms

January 31, 2008 Featured

I’ve been waiting to see if an announcement would be made as I had previously heard that CODA and Agresso had agreed on terms which see Agresso buy CODA at a price of 205p per share or £158 million. What I didn’t realise was that they’d jointly put out a statement before market opening this morning confirming they have received offers that effectively put CODA in Agresso’s hands. This is a great move for both companies and I warmly congratulate both boards of directors for making this happen. My understanding is that both see this as an opportunity to consolidate their position in the market – they would say that though – and capitalise on their relative strengths. I was particularly interested in discovering how this will impact CODAs Force.com development. Word is that Agresso are very interested in this aspect of the CODA business. That makes sense because some of the best on-demand work is coming out of the nordic countries where Agresso has its roots. As always with acquisitions, there will be roadblocks and issues to navigate but it is quite a while since I saw two companies that are quite as attuned to one another as these.

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HMRC site is down

January 31, 2008 Featured

It’s 31st January which is otherwise known as Panic Day in the UK when last minute tax filers try to get their returns filed before the deadline which is midnight. HMRC Is Shite tells me the site has crashed. HMRC’s official site says: Thursday 31 January We are currently aware that some customers may be experiencing problems with this service and are working with our IT service provider to give this our urgent attention. If you are experiencing problems please try again later. We apologise for any inconvenience this may cause. Please note this does not affect users of Third Party Software. This was reported to me at just after noon…. With 11 hours to go before the filing deadline, one can only wonder how much worse it will get.

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MYOB to Excel: 71 steps

January 30, 2008 Asides

I read this piece from David Carter and could not believe what I was seeing. I lost count at around 71 steps. And oh by the way, who’s paying for this? There is an alternative. From FreeAgent ? 1. Click ‘Export P&L to Excel’. No Step Two. Disclosure: I have a tiny stake in FreeAgent.

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Blist: database as a spreadsheet

January 30, 2008 General

If new technology interests you then Chris Shipley’s Demo show is the place to be. I’ve met Chris on a couple of occaqsions and she’s a seriously smart people connector. I can’t be at Demo in person but it doesn’t stop me getting a front row seat courtesy of BitGravity’s excellent streaming video…. My colleague Dan Farber wrote up Blist, a database that behaves like a spreadsheet: Blist allows you to store lists of infinite length in a cell, store documents, and set photos, checkmarks and ratings as column types. You can even have a table in a cell, create pick lists with icons, and show thumbnails of Web URLs…. First glance suggests this is a welcome addition to the stable of applications that endeavour to take 20 year old technology paradigms and turn them on their head…. Despite the Microsoft hegemony, many potential users avoidy this kind of application because they’re just too hard to understand. Simply because vendors like Blist are outside the mainstream does not mean we should dismiss their efforts.

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links for 2008-01-29

January 30, 2008 Asides

Firefox 3 beta 3 code freeze tomorrow The question will be just how fast the plugin builders will come to support Firefox FF2 is a terrible memory leaker. FF3 seems better but plugins are essential. (tags: firefox del.icio.us plugins) Offline support for Google Docs being tested It will be interesting to see where this goes. [...]

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Could Shoeboxed work in the UK?

January 29, 2008 General

It’s a US based mail receipts mail-in service that digitizes receipts and spits out a spreadsheet for later use…. It backs up its value add story with a calculator from which you can see the potential savings from using the service. As a concept it is fine but late last year, they switched focus away from being a business oriented play to one that embraces consumer spending. TechCrunch thought it was pretty good but a stream of comments about how it has a string of reps and affiliates running around college campuses attempting to sign up users got me worried…. My guess is that Shoeboxed didn’t get a ton of takers after its initial pitch to business and despite it getting plenty of press coverage…. The ever watchful blogs took this as a sign that all is not well and they may be right…. The US is still very much postal driven and claims a high delivery rate…. Pity about the infrastructure upon which it relies and the inevitable need to incur charges for registered or recorded delivery.

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links for 2008-01-28

January 29, 2008 Asides

CashView renamed Bill.com, offers free service for accountants : CPA Trendlines An interesting idea – give it to the accountant for free, let the user pay. Hmmm (tags: free bill.com receivables) Startups: Executive Hiring Challenges or Beware of the Suits Zoli’s comments are right on – it’s hard to get the right talent for startup [...]

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Open source tax compliance

January 28, 2008 General

I’ve been having a few Twitter conversations with Phil Hodgen who last week called me from Switzerland but unfortunately I couldn’t take the call. Today in a Twitter post he said: I’m talking about doing to tax compliance what wordpress did to publishing Heh – open source tax compliance, I like the sound of that. Unfortunately, I can think of 16,000 tax practices that would hate it…. In the good ol’ days you were lucky if you got a transaction engine, today you get that plus some output, then you have to shoehorn it to an accounts production system and then out to a set of tax engines. We’ve still not cracked reliable online submissions but it’s creeping ever closer. Prediction time – 2 years max and compliance, at least for the very small business, will be automated to the point where compliance costs tumble to near zero…. He comes out with really good advice (although he’d probably kill me for saying so) like: Pain and agony of doing another form + relatively low tax savings + audit risk = don’t bother. Resolve to spend an extra hour of time in marketing your business and move on. You will make more money.

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My book opportunity – allegedly

January 28, 2008 General

At least according Al Wood: I laughed. Link to original.

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