Cloud SMB accountancy market needs more than software

It’s a dynamic period in the cloud SMB accounting and ERP software market. Over recent weeks Xero has gained additional funding to back its competitive push against the likes of on-premise giants Sage and Intuit. IRIS Software Group acquired fast growing UK SaaS book keeping application provider Kashflow. Meanwhile SAP revealed it was moving part of the development resource away from its SMB SaaS suite Business ByDesign, of which accounting is a core component. Then Sage unwrapped Sage One Accounts Extra, which is its latest push into the cloud. Now a batch of former Sage senior exec’s have turned up at cloud pure-play VersAccounts, a very new player in the field.

TechMarketView subscribers can read our take on the latest moves in the market and what actions suppliers need to take to be competitive in this fast-moving sector in HotViewsExtra, here.

Posted by Angela Eager at '17:55' - Tagged: saas   cloud   software