07 Mar 2008
The market for online accounts packages became a little more crowded this week as vendor Xero became the latest company to move into this space this week.
Xero has been operating in the UK and serving clients, but is now making an aggressive marketing push into the country.
The New Zealand-listed group offers SMEs an online, real-time accounts package for £29 per month. The package will run on PC and Mac and work with all main web browsers. Accountants in practice will not have to pay to use the software.
'Because Xero is on the internet, there is no restriction on location or time for access to the accounts,' said Xero co-founder Hamish Edwards.
The arrival of Xero follows just weeks after rival online accounts provider E-conomic made a similar UK launch.
With the traditional desktop providers MYOB, Mamut and Iris also making concerted efforts to provide web-based programmes, and online accounts provider KashFlow well-established, the UK market for internet business applications has become very competitive very quickly.
This is the second SME online accounting offering from down under. The first being NetAccounts from Saasu.com aka the web finance engine.
Posted by: Peter | saasu.com, 09 Mar 2008 | 00:00
You may also like
If budgeting is to have any value at all, it needs a radical overhaul. In today's dynamic marketplace, budgeting can no longer serve as a company's only management system; it must integrate with and support dedicated strategy management systems, process improvement systems, and the like. In this paper, Professor Peter Horvath and Dr Ralf Sauter present what's wrong with the current approach to budgeting and how to fix it.
In this white paper CCH provide checklists to help accountants and finance professionals both in practice and in business examine these issues and make plans. Also includes a case study of a large commercial organisation working through the first year of mandatory iXBRL filing.