MAS 90
VERSION 4.0 HITS THE MARKET .
So does
MAS 90 Version 4.0 score as a “10?” Or is it just pair of fives with
a good makeover? Whatever it does for the end users, which we will
discover as the installations start occurring, it looks like the
revenue opportunities are going to be VAR heaven. A few trusted
souls tell me that Version 4.0 needs more consultant services than
the versions previously on the market. It was already a sellers'
market for consultants seeking employment. Apparently Version 4.0 is
going to provide guaranteed employment for consultants at that
higher rate. One VAR estimates he has a year-and-half's work for his
installed base. Another believes that many users will sit tight for
a while because the software represents a significant change. What's
good for the VAR is not always what's best for the customer, at
least when it comes to the size of the final bill.
SECURITY
DELAYS AND PROJECT GREEN.
Accounting software resellers who compete with Microsoft Business
Solutions may have even longer to compete against Great Plains,
Solomon, Axapta, and Navision than they thought. Last week, one
newswire said that Microsoft would postpone key updates to developer
tools and SQL Server. Some analysts were saying Longhorn, the next
operating system, might be several years off, although the first
beta is supposed to ship this summer. Project Green, which has been
three years away for each of the last three years, seems to be
moving further into the fog. Waggener Edstrom, the Microsoft PR
firm, gave the following description: “With regards to Project
Green, developing this next generation business applications suite
is an ambitious project and, much like Longhorn, is several years
away from availability.” Somebody told me that it looks like MBS has
stopped talking so much about Project Green. Maybe it should be
called Silent Green?
CORRECTION .
A couple
of issues ago, I incorrectly listed the distributors that are
handling the Microsoft Retail Management System. The two
distributors that are selling the product are Tech Data and
ScanSource. Mea culpa.
NEW FRONTIERS
IN TECH SUPPORT .
Lacerte ended a pilot Indian tech support program for its tax
preparation software on February 9, to the cheers of users who
viewed the outsourced support as one of the worst ideas since
Alexander Hamilton looked at Aaron Burr across the Weehawken field
and remarked, “Aw, this guy can't hit the side of a barn.” However,
one accountant on a Lacerte discussion group said the Lacerte
support was helpful and that the reps have apparently been taught to
make a connection. After the accountant responded he was in
California, the rep asked how the Lakers were doing. The U.S.
accountant replied, “that I haven't been following the Lakers
because I am too busy buying my new Edsel, and how I love it. He
[the tech rep] agreed that the new Edsels are very nice. He helped
me, which is all that matters.”
EMAIL PROBLEMS
.
The accounting publications, Accounting Today, Accounting
Technology, Practical Accountant, and WebCPA, have had some
difficulties with an overly efficient spam blocking system at our
new haunts. The system very decisively blocked email from the public
relations firm representing our sister company, RIA. It was rejected
as spam. My correct address is robert.scott@thomsonmedia.com (not
case sensitive). The proper syntax is firstname.lastname@thomsonmedia.com,
but you cannot substitute Bob for Robert. Also, the company decided
to change some of our female writers' names to their married names
even though they continue to write under their unmarried names. That
is a continued subject of discussion. Also, the company name is
Thomson Media. There is no “P” in Thomson. (Another subject of
continuing discussion.)
ANOTHER REALLY
BIG SHOW ?
Best has officially announced that it will bring all its acquired
companies under the big tent for its Insights reseller conference in
Orlando in June. It already looks like Best has avoided most of the
mistakes Microsoft made last October with the first Worldwide
Reseller Conference, the blend of Stampede and Fusion that was a lot
more Fusion than Stampede (except for the drinking). I think even
Microsoft shared my conclusion that WWRC I (or, as I like to call
it, MBS Accounting Lite) in New Orleans was strong on food,
entertainment, and drink, short on organization and content. The
show was moved to Toronto (although spending a lot of time in
Toronto will probably trigger heavy drinking.) The thumbnail
descriptions for the general manager keynotes and breakout sessions
look like Best will actually be talking about product more than
vaporware, and about competitors, rather than people who don't
actually compete in our market, the way the Microsoft bigwigs did in
the Big Easy. And the Best content looks well organized and focused.
But then again, Best execs don't have to spend all that time
explaining what they are doing about software security.
AN UNPAID
ADVERTISEMENT .
Tired of getting sterile challenges by such programs as Spam Lion,
Spam Assassin, or Spam Cop, when you're trying to convince someone
to accept your email message? If you want a loving touch in your
email challenges, try the Spam Mom, the latest product from Bob's
House O' Spam. You get home-like care with responses such as “Clear
up your mail box, right this instant!” or “Stop bringing your dirty
viruses into my nice clean system!” and “Why do you keep sending all
those awful messages? Why don't you send me something nice for a
change?” And finally that old favorite, “You never visit. Pick up
the phone once in a while. Enough with the email, already.” So visit
Bob's House O' Spam, under the freeway next to the Viagra sign.
Bob's House O' Spam, We can mail it. We can stop it.
CAMDEN DEPARTS
.
Matt Camden has joined the Pursuing Other Opportunities Club after
resigning his position as chief technology officer at Clifton
Gunderson, where he headed the reselling and consulting operations
that are part of Clifton Gunderson Technology Solutions. A bunch of
people were looking for reasons to poke holes in the official story,
which is that this is an amicable parting. Matt notes it is an awful
big job—he was responsible for both internal IT and consulting and
reselling. The fact that the unit will close the fiscal year in May
with more than $13 million in revenue—more than $1 million over
budget—suggests that he's not getting run out of town. It also
suggests he can be pretty choosy about what he wants to do next.
CGTS ranks No. 9 on the Bob Scott Top 100 Var list, which will be
published in the April issue of Accounting Technology. I'm confident
we'll hear from the people who aren't on the list and feel they
should be.
INTUIT, WHEN
THE MUSIC'S OVER ?
Intuit has reported separation packages for its recently departed in
its SEC filings, and it's good reading. Tom Alanson, who headed the
consumer tax group, received $333,595.50 (11 months' salary), and a
$219,000 bonus. Dan Manack got a $156,000 lump-sum separation and a
$187,000 bonus. Very interesting was how Intuit treated two
executives who joined in August, but left in January. General
counsel Nick Spaeth, who switched to a similar job at H&R Block in
his home town of Kansas City, repaid $87,500 from his sign-on bonus
and $229,175 from a one-time bonus. Tom Weigman, chief marketing
officer, did not have to repay his $200,000 sign-on bonus and got a
$25,000 payment from Intuit for terminating a 12-month lease of a
residential property. That sounds like “Take the money, just leave.”
There has been so much turnover that executive hires are being asked
to return their bonuses before they start work. Apparently when they
gave Intuit CEO Steve Bennett a lot of publicity about his adherence
to the Sigma Six principles, they neglected to mention that he makes
liberal use of the Deep Six theory of career planning. Well,
sometimes in business, the music is your ONLY friend.
ON WALL STREET
.
Now that
the accounting publications have moved to the tip of Manhattan (the
Battery to you New Yorkers, the Bronx is up and the Battery is down,
for out-of-town readers, clowns to the left of me, jokers to the
right, here I am…), things are certainly different. The homeless
here accept wire transfers and credit cards. … There's also a nice
farmers market here on Tuesdays and Thursdays, mainly bread vendors
in the winter. Ah, it brings back my days on a bread farm in Indiana
running barefoot through the yeast fields. This is not far from
where the Dutch gave the Indians $24 in beads and trinkets for the
world's primest real estate. The Indians walked away chuckling
because they bought the place for $4 in beads and trinkets a couple
of days earlier.
INTUIT
MANAGEMENT. THE NEXT GENERATION .
This
week Intuit named Brad Smith as the vice president of its consumer
tax business (which Alanson had headed until he decided to leave in
January). Smith previously ran Accountant Central, formerly known as
accountant relations, which he took over in February 2003 when he
joined the company. Jill Ward, vice president of vertical business
management solutions, now adds Accountant Central to her portfolio.
Intuit reaffirmed guidance for verticals revenue growth of 15
percent to 25 percent for the current fiscal year. What this
suggests is that under Ward, this group (which includes FundWare and
Master Builder) is close to achieving the amount of revenue that
Intuit expected a year or two ago when it bought them. By the way,
the latest version of QuickBooks has a macro that automatically
generates press releases with the headline “Intuit Announces
Management Change.”
NEW FRONTIERS
IN PR .
You'd
think that things must be slow at Intuit given the following: A
public relations firm representing the company called and asked if I
was interested in the company's view on Accpac's acquisition of
Best, or something like that. The PR person offered Charles Var as
the Intuit interview. Var works in the public relations department
inside Intuit, handling QuickBooks. In all fairness to Intuit, this
wasn't exactly what the company had in mind, according to Var. I
must admit this is the first time a public relations firm has
offered me the chance to interview a pr person.
K.C. AND
WAYNE'S INDIAN ADVENTURE .
Wayne
Harding, the veteran CPA and techie, has landed his latest in a
series of jobs with Accountants in India, the latest from the
QuickBooks cowboy K.C. Truby, who gave us Bridge21. I'm trying to
imagine Truby, with his cowboy hat, turquoise belt buckle, and
boots, strolling the street of Bangalore. K.C. and his outsourcing
band are also doing Webinars on the outsourcing business. I've
started the new Accountants in Indiana. You can send your return for
processing and they send you the TV schedule for high school
basketball games for the next two years.
RANDOM
THOUGHTS .
The
people worried about Supreme Court Justice Anthony Scalia going on a
hunting trip with Vice President Dick Cheney are missing the real
issue. This could be one of the few times a defibrillator is
classified as outdoors sports equipment. … Speaking of Cheney, his
recent reappearance to attack Democratic resident candidate John
Kerry caused Cheney to be dropped as a possible subject of the TV
show “Without A Trace.” Kerry meanwhile enumerated several countries
that he says agree with his foreign policy position, including
Vanuatu, Tuvalu, and the Republic of Belau. … Cheney promised to
continue the hunt for weapons of mass destruction in Iraq. He also
promised to continue hunting for the Philosopher's Stone, the Seven
Cities of Gold and the Holy Grail. Survivalists accused the
government of hiding those objects at Roswell, N.M. Liberals
demanded an international panel be appointed to determine their
rightful ownership.
CONSULTING
INSIGHTS: PASS IT ON
If you've been passing this
newsletter on to others in your organization, you can have them sign
up using the box below:
WANT TO
SUBSCRIBE TO ACCOUNTING TECHNOLOGY?
Call (800) 221-1809 or e-mail
custerv@thomsonmedia.com for subscription information. You can
find a copy of our March issue at
www.accountingtechnology.com
Use the box below to unsubscribe from Consulting Insights.
Consulting Insights March 22, 2004 (next issue mails April 2,
2004)
By Bob Scott, Editor
robert.scott@thomsonmedia.com
If you are
interested in receiving more FREE e-newsletters
about the hottest topics in the profession, please
Click Here.
top of page |