Sep 272017
 

TechTarget has added an article called See The Top ERP Systems And Decide Which Best Fits Your Business. While it does not actually feature the promised “see’ part it does present a succinct listing and elaboration on the bigger names in the market.

The article does include succinct information on the availability of different environments (on-premises, hybrid and Cloud) and indicative pricing for the software.

Several comments are worthwhile here. Despite the wave of consolidation undertaken by participants big and small the pie remains fragmented and customers still have ample choice. There are eight listings, although several fall under the ‘Oracle’ banner. What is more companies like Unit4 (the old Agresso software) or Aptean (the old Made2Manage and Ross software) are not even included in the article. Small business ERP, which is mostly newer born in the Cloud companies, like Zoho and Xero and also QuickBooks, are also excluded. Microsoft has made the transition to its Dynamics 365 monicker and dropped the old nomenclature and designations (like GP, AX, etc.) although the software is obviously still there. There are also two categories of ERP, which are omitted. The first is the vertical products that serve specific industries. Those abound. The second are the myriad of solutions devised by regional SIs (system integrator) and ISVs (Independent Software Vendor) out there.

Finally, noteworthy is how the open source ERP vendors that were taking shape ten years ago have come to naught. Compiere, for example, was absorbed by Aptean. Opentaps is still out there however.

Photo Credit: Geralt

Feb 042017
 

PCMag has updated its rating of accounting software in an extra useful way.

First, the ratings are determined by a panel of the magazine’s community members.

Second, in addition to the ratings there is a directory of 66 products available for perusal in the category.

Sage (formerly Sage Software, the publisher of Sage 300, Sage One, Sage 50c, etc.) has won the category. SAP has lost the category. Not bad, given how it is the smallest of the top-rated companies from a revenue perspective. Perhaps it is a testament to the power of focus as Sage has been shedding product lines and trimming its portfolio in the last ten years. It also dodged a bullet when its intended acquisition of MYOB did not go through – although it did get sued for it.

While six products are listed the top contenders do not offer the buyer as many choices and make finding a top software for each market segment easier. PCMag’s list has curiously mixed products for personal use (Quicken), SMB (QuickBooks and Sage) with Mid-Market products (Microsoft) and Enterprise Solutions (SAP and PeopleSoft). Also, the two ‘swift’ products either belong or belonged to Intuit.

Top Accounting Software rating

An earlier article also provided a guide for Cloud-based accounting software.

 

*I used to work for Sage, Microsoft and Oracle.

Dec 092015
 

ITProPortal has a concise roundup of four Cloud Accounting Software services for small business, Xero, Sage, Freshbooks and Quickbooks.

Accounting Software Round-Up

Others that the article does not cover, but are options would be Wave and Kashoo. Wave is nifty because its invoicing, accounting and personal finance tools are free. It is given away in exchange for product placements and corporate offers.

raining cash ghaemi

 

 

 

 

Oct 182015
 

Sage is a UK-based software firm with annual revenues of £1.3 billion or $2.5 billion CDN.

MYOB is an Australia-based software firm with annual revenues of A$246.6 million or $230 million CDN.

MYOB is now owned by US-based Bain Capital (of Mitt Romney fame), but when in late 2011 the owners of MYOB initiated an auction to sell the firm the early winner was the aforementioned Sage. Why a legacy software firm would wish to buy another is another story, which might explain Sage brass ending up forfeiting the opportunity, but for readers interested in technology firm manoeuvers, corporate negotiations and handling of shareholders’ money or law and litigation Lexology, a website for lawyers, has a fascinating article on the lawsuit and legal deliberations that followed the tender.

The MYOB Decision

At my first law course at University the instructor and text book insisted that a handshake implies a legal agreement… apparently not.