Online retailers sometimes choose to run multiple e-commerce sites to cater for different audiences or provide a different experience. This is often the case with sports apparel retailers where one website is used for the season’s collection and a second one handles custom apparel orders for clubs and corporate clients. The custom apparel site usually […]
Has your accounting firm ever been hacked and lost information? If it happens again – and your revenue is $3 million or more – you may need to call your clients to let them know. Earlier this year the Australian senate passed a law mandating that businesses tell customers if a cyberattack has gained access […]
Last week Intuit showed just how much it wants to win in the Australian market. The first QuickBooks Connect customer conference in Australia took a leaf out of the mothership event in San Jose. It had celebrities galore (Christine Anu, Rove McManus, Michelle Bridges, Glenn McGrath), executive vice presidents (Sasan Goodarzi, head of the QuickBooks division and […]
The rivalries between accounting software companies are intense but at least they all agree on one thing. They all want to knock off the mechanical aspects of compliance. Intuit has a vision called “accounting is done”, Xero says it is “no-code accounting”, and Sage has joined in with “invisible accounting”. None of them have come […]
Should a growing SME move from desktop accounting software to a cloud alternative or upgrade to cloud ERP? It’s one of the hardest questions facing a successful business. Unfortunately finding the right answer is getting harder. Both options are improving so quickly. Cloud ERP is on a tear. The largest competitor by licences, NetSuite, just […]
Cloud ERP vendor NetSuite is embarking on a massive global sales push to give its parent company, Oracle, a dominant position in cloud. “Larry (Ellison, chairman and billionaire founder of Oracle) believes that everything is going to the cloud. He believes it to his core,” says Jim McGeever, who heads up NetSuite within Oracle. “This […]
If you’re going to commit fraud, don’t do it in Xero. The accounting program contains a couple of extra features that make it much easier to catch out crooked behaviour. My firm Accodex periodically gets referrals from other accounting firms to assist with what we call “digital forensics”. Most of the time it’s fairly innocuous; […]
I’m often intrigued to see people claiming to be in the cloud yet when you see their website it resembles nothing more than a glorified business card. Often it seems people believe that by using a cloud-based accounting package such as Xero, a few add-ons such as Receipt Bank, Chaser, Spotlight Reporting or Futrli and […]
Not sure what to see at the Accounting Business Expo 2017? This short series of posts by industry experts reveals their top picks from more than 80 sessions and 110 exhibitors. The Expo will be on March 21-22 in Darling Harbour, Sydney, showcasing the latest thinking in accounting careers, technology and business models. Check out […]
Not sure what to see at the Accounting Business Expo 2017? This short series of posts by industry experts reveals their top picks from more than 80 sessions and 110 exhibitors. The Expo will be on March 21-22 in Darling Harbour, Sydney, showcasing the latest thinking in accounting careers, technology and business models. Check out […]
Sholto Macpherson
