Friday, February 27, 2015

Watch for Disruption in the Global Accounting Software Space

©iStock/Chagin
Who hasn't heard of American software company Intuit?  They've been around since 1983 doing a great job providing easy and convenient accounting solutions to businesses of all sizes.  Now comes the disruptive part and enough that Intuit better not ignore.  It's clear that Intuit CEO Brad Smith is already on it with his recent article "Intuit's CEO on Building a Design-Driven Company," in the January/February 2015 - Harvard Business Review.

Now there's New Zealand-based software company Xero that develops 'beautiful' cloud-based accounting software for small and medium-sized businesses. The company has offices in New Zealand, Australia, the United Kingdom and the United States.

And there's accounting software company The Sage Group who just recently announced a global agreement with Salesforce.com that goes like this:
Sage has agreed to start using the Salesforce Customer Success Platform. Implementing the cloud based CRM system shows that Sage want to get close to Salesforce and get some kind of symbiotic partnership with the cloud giant. - Source:  The Sage Group Plc announces global agreement with Salesforce
Watch all these companies for future global competitive activity.  Bring it on as they say for each wants to play in every country!

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