Xero « The Diversity Blog – SaaS, Cloud & Business Strategy

Amidst PRISM Fears, NZ Government Approves Offshore Data Storage

September 10, 2013

Business

accounting, cloud computing, Edward Snowden, National Security Agency, New Zealand, NSA, SaaSu, United States, Xero

Post the revelations by ex-NSA consultant Edward Snowden, people across the world have been ringing their hands concerned about the downstream impacts of fears about US storage of data. It’s nice to see a story that moves the pendulum…

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Seneca – Cloud Collaboration for Musty Old Boardrooms

August 28, 2013

Business

Board of directors, Business, Business and Economy, Chief executive officer, cloud computing, Information technology, Technology, Xero

I like to see cloud technologies being applied to sectors where they’ve not generally been prevalent. Want an example of an old world part of business that is still steeped in traditional ways of doing things? Look no further…

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Cloud Financials on the Up and Up

August 1, 2013

Business

Business, Diversity Limited, intacct, netsuite, rod drury, SAP AG, service, Software as a Service, Xero, zach nelson

For a long time the traditional financial vendors dismissed the cloud upstarts as little more than amateur providers that caused no challenge to their own market share – in their mind “real” businesses would still use the rock solid…

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Intuit Acquires FIFO – Common Platforms and Cost Saving for Accountants

July 22, 2013

Business

Accountant, australia, FIFO, intuit, quickbooks, QuickBooks Online, WorkFlowMax, Xero

Disclosure – I’ve got or had commercial relationships with almost every vendor mentioned below – for full details see my disclosure statement. A week or so ago Intuit acquired Australian based accounting workpapers vendor FIFO. My sources suggest that…

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Xero Rolls Out Payment Services – Closing More SMB Loops

May 27, 2013

Business

accounting, Business, cloud computing, New Zealand, PayPal, QuickBook, United States, Xero

The advent of cloud computing brought with it the promise of increased efficiencies for small and mid sized businesses. These efficiencies were to be created by the very fact that the software, situated as it is in the cloud,…

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SMB Stock and Inventory from Quote Stock Sell

April 18, 2013

Business

Business, Mark Lazarus, Point of Sale, quickbooks, rod drury, Small business, Software as a Service, Xero

Inventory is a critical part of any business that works in the real (ie physical) world. However given the seeming unquenchable excitement for the virtual world, inventory is sadly often dismissed down the priority list in favor of “sexier”…

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Wave Takes on the Scanned Receipts Market

April 10, 2013

Business

Business, Customer relationship management, IOS, MYOB, Optical character recognition, Receipt, Server Message Block, Xero

Anyone who thinks small business have simple requirements in terms of software has never worked within an SMB. SMBs requirements are often just as complex as those of enterprise but they don’t have the resourcing that larger organizations do…

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On Small Business Accounting, Yodlee, Perceptions and Critical Mass

April 5, 2013

Business

Bank, Customer, FreeAgent, FreeAgent Central, intuit, New Zealand, Xero, Yodlee

UK (and global, to an extent) SMB accounting vendor FreeAgent recently announced that it was rolling out automated bank feeds for its customers. For those of you who don’t follow the space, automatic bank feeds (the ability for a…

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The Xero Share Price – One Pundit’s Analysis

March 27, 2013

Business

intuit, Microsoft, New Zealand, New Zealand Exchange, rod drury, trademe, United States, Xero

In recent weeks the share price for listed cloud accounting vendor Xero has risen at an incredibly fast rate. The company, which has around 140000 paying customers globally and is yet to turn a profit, is now valued at…

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Wave Updates UI, Rolls out Broad SMB Financial Portfolio

December 16, 2012

Business

Automatic Data Processing, Kirk Simpson, PayCycle, Small business, United States, user interface, wave accounting, Xero

I’ve been following Wave since its founding back in November 2010. The company has an interesting approach to the traditionally conservative accounting software space – it’s product is provided to the user at no cost who, in return, receive…

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