xero

And so it came to pass…

July 23, 2010 Cloud Computing/SaaS

According to AccountingWeb referring to the Software Satisfaction Awards for 2010 says: The awards have also done away with the distinction between on-premise and web-based “Cloud” applications. As with last year, the SME Accounting category has become a fight between the leading lights of the accounting software as a service industry – FreeAgent Central, KashFlow [...]

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Xero tilting at Sage?

July 7, 2010 Cloud Computing/SaaS

Gary Turner’s post: Long distance running, icebergs and Sage contains this intriguing passage: …building a business that gets to 1,000 paying customers is very tough, but getting to 5,000 or 10,000 and beyond is exponentially much, much harder and more complex, particularly if you have to change course or undo decisions mid-way through. So, it’s [...]

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SaaS solutions need to mature. Rapidly

June 25, 2010 Cloud Computing/SaaS

A coincidence arose today that got me thinking about the relative maturity of the various SaaS players. A couple of weeks back I wrote that in one selection case, the professional preferred Twinfield over one of the newer players even though the person acknowledged the Twinfield UI could be better. Function needs to lead form. [...]

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Brightpearl raises $1.5 million, beefs up team

June 24, 2010 Cloud Computing/SaaS

BrightPearl, formerly known as Pearl has raised $1.5 million in seed funding from Eden Ventures and Notion Capital. This is the largest single seed round for a UK based SaaS accounting solution. Chris Tanner, one of the founders called me up last evening to discuss the round and provide context for what is happening. I [...]

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A Xero day update

June 21, 2010 Cloud Computing/SaaS

Last Friday I met with Gary Turner, UK CEO of Xero for a breakfast catch up on the company, its progress, initiatives and the like. The meeting was opportune because it was almost a year ago to the week when Gary was announced as Hamish Edwards successor. At the time I remember Gary grinning from [...]

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ClearBooks research: even more bizarre

June 11, 2010 Cloud Computing/SaaS

Last month I described research being undertaken by Judge Business School MBA students on behalf of ClearBooks as ‘bizarre.’ A few weeks later, the results are in and now I describe it as even more bizarre. At the time I quoted from the blurbs saying: Their goal is to explore the online accounting market, its [...]

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Kashflow and Absolute Accounting hook up

June 8, 2010 Cloud Computing/SaaS

Kashflow and Absolute Accounting have partnered in a move that sees Absolute integrate Kashflow data into its accounts preparation package. This is a first step towards iXBRL filing and provides a semi-automated way for Kashflow data to be pulled into a third party system. “It’s really a couple of clicks to produce accounts,” said Duane [...]

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Kashflow, Xero, Zappos, Zoho : nuances and ethics

June 8, 2010 Tax and Ethics

Earlier today I read an extract from Tony Hsieh, co-founder Zappos upcoming book on why they built something before taking venture funding, what happened when they did take money and what forced them into the arms of Amazon. It’s instructive for the different perspectives you see on why entrepreneurs do what they do and what [...]

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SaaS UK: state of the nation

May 27, 2010 Cloud Computing/SaaS

The last couple of weeks’ traveling combined with interesting discussions the last few days around SaaS and cloud have me thinking about where we’re at. In one conversation, the other party estimates that maybe 20,000 businesses in the UK are using SaaS accounting. I put the figure considerably higher but in the context of the [...]

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Sage's astonishing claims about the SaaS market

May 6, 2010 Cloud Computing/SaaS

[display_podcast] During Sage’s earnings call, Paul Walker, CEO Sage made some astonishing claims about the saas market as the platform from which he explained Sage’s strategy. In my commentary on the recorded remarks I said: …it demonstrates a horrific lack of market understanding. The previous day at ZDNet I said: I have long held the [...]

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