Microsoft spices up battle for SME market

Microsoft spices up battle for SME market

Software giant Microsoft this week revealed plans to launch new SME business software in the UK by the end of the year - setting up the prospect of a battle with leading companies, including UK giant Sage.

The move by Microsoft follows its £747m acquisition of accounting software supplier Great Plains in December 2000 as revealed by Accountancy Age, and will see the company release a customer relationship management package.

UK accounting software companies have been making moves into the CRM arena in recent times, but Microsoft’s foray into this market will stiffen competition considerably.

The launch comes as the company prepares to embark on a campaign to boost its presence in the accountancy software market, and will shortly begin talking directly to accountants.

And Microsoft Great Plains has declared its intent to become the UK’s largest accountancy software provider.

Doug Burgum, senior vice president of Microsoft, said: ‘Microsoft CRM represents a substantial business opportunity to deliver an entirely new category of solutions specifically designed to our SME customers.’

Meanwhile, a spokeswoman for Microsoft, this week confirmed the US Securities & Exchange Commission is investigating the Software giant’s company disclosures, amid concerns of ‘conservative’ accounting.

Share

Subscribe to get your daily business insights

Resources & Whitepapers

The importance of UX in accounts payable: Often overlooked, always essential
AP

The importance of UX in accounts payable: Often overlooked, always essentia...

1m Kloo

The importance of UX in accounts payable: Often ov...

Embracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...

View article
The power of customisation in accounting systems
Accounting Software

The power of customisation in accounting systems

2m Kloo

The power of customisation in accounting systems

Organisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...

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

Turn Accounts Payable into a value-engine

3y Accountancy Age

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
8 Key metrics to measure to optimise accounts payable efficiency
AP

8 Key metrics to measure to optimise accounts payable efficiency

2m Kloo

8 Key metrics to measure to optimise accounts paya...

Discover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...

View article