Office 2007 is the one to watch

Office 2007 is the one to watch

Microsoft's new version of Office is likely to have a much broader effect on accountants than the impending accounting software

The impending launch of Microsoft’s Small Business Accounting product in the
UK is more eagerly awaited by the UK accounting profession than any software
launch before it.

Yet Microsoft’s new version of Office, now earmarked to hit the shelves next
January, is likely to have a much broader effect on accountants, and their
clients, than the impending accounting software.

Recently rebranded from ‘Office 12’ to ‘2007 Microsoft Office’, the product
is expected to host three main rafts of changes, ranging from tweaks to brand
new features.

Users will be presented with a new interface, which is intended to make the
product more intuitive and help provide options onscreen related to whichever
application is being accessed – whether it is Excel, Word or another.

Practice management team leader of business software company MYOB, James
Bolt, explained that one of the key drivers behind the change was because
Microsoft was receiving requests for new features already existed in the
software, but not obviously accessible.

‘Users weren’t getting full value of functionality,’ said Bolt. ‘If you’re
working using a table for example, context-sensitive options will appear to
manage them.’

Accounting practitioners should benefit from the new interface, according to
Mark Holland, partner and head of IT advisory services at Baker Tilly. ‘Users
expect accurate info presented to them in a format that it easy to assimilate.
It has the potential to do that,’ said Holland.

Butler Group senior research analyst Michael Azoff saw the product’s use of
internet technology, and its close tie in with the business process and
intelligence capabilities of the Office 2007 server as key for larger
enterprises considering an upgrade. More importantly for Microsoft, it is
providing a strong alternative to free-to-use open source applications.

‘By embracing the web and moving the product into the enterprise it shows
there’s steam yet in Office,’ said Azoff.

Office 2007 has also been designed to feature XML formats across the
applications that work within it, a factor seen as a boon for software
developers.

Share

Subscribe to get your daily business insights

Resources & Whitepapers

Why Professional Services Firms Should Ditch Folders and Embrace Metadata
Professional Services

Why Professional Services Firms Should Ditch Folders and Embrace Metadata

3y

Why Professional Services Firms Should Ditch Folde...

In the past decade, the professional services industry has transformed significantly. Digital disruptions, increased competition, and changing market ...

View resource
2 Vital keys to Remaining Competitive for Professional Services Firms

2 Vital keys to Remaining Competitive for Professional Services Firms

3y

2 Vital keys to Remaining Competitive for Professi...

In recent months, professional services firms are facing more pressure than ever to deliver value to clients. Often, clients look at the firms own inf...

View resource
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
Digital Links: A guide to MTD in 2021
Making Tax Digital

Digital Links: A guide to MTD in 2021

3y

Digital Links: A guide to MTD in 2021

The first phase of Making Tax Digital (MTD) saw the requirement for the digital submission of the VAT Return using compliant software. That’s now behi...

View resource