YVComment Category (162)
I hope we do not find people on an escalator when the power goes out and they have no idea what to do next and call for help.
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Bain reportedly paid around a 12 x multiple. So it makes sense in that context I guess.
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After like 6 years, people still call Microsoft Dynamics GP...Great Plains and Microsoft Dynamics NAV, Navision etc... And when State of the Art (or as we all called it "SOTA" ) when on a tirade about referring to a product as M. A. S. Ninety, versus "MASS 90" nobody listened
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I used to sell and Implement MYOB (and at the time I used to say it was the greatest small business accounting system since sliced bread. Chris Lee, one of the original developers was way ahead of his time)
1.4 billion sounds way too high. Thats much more than Sage paid for State of The Art, unless there is alot more to MYOB than the MYOB product
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http://tiny.cc/o2wad Interesting to note that management has been retained as shareholders alongside Bain, so it's reasonable to expect a smooth transition and staying on track with current plans.
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Steve Blythe's comments were spot on. These corporates need to go eye to eye with the users of the programs to determine if their numbering concepts make any sense to them. The recent rebranding and other customer support programs direct from Sage (at least Sage NA) are not creating any happy thoughts with this Sage 'Partner".
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A channel can still add a lot of value here particularly when competing against other market players who mainly sell through channel partners. Direct is clearly doing a great job but a quality set of partners (numbers are not really the issue I don’t think as around 90% of “partners” who sign up never perform in cases like this) can still deliver a competitive edge when dealing with SMBs at the upper end where their needs are more complex and they want more personal attention.
I had a very productive meeting today with Tom Miller and Dennis Frahmann from Sage. They were kind enough to share additional details associated with their current proposed rebranding strategy. Several of my concerns were addressed by this updated information. I confirmed our mutual desire to have a strong Sage brand. I expanded on my concerns with the previously shared plan. I also shared my thoughts on how the naming convention and numbering scheme could be modified to address my concerns. They listened, we had positive and constructive dialog and they liked several of my ideas and are taking them back to the internal Sage branding team. I appreciate that Sage is committed to understand our concerns and that they announced this early enough to allow input and they are willing discuss ways to refine the branding strategy to enhance the overall Sage brand while reducing impact on partners and our customers. I understand Sage is holding similar sessions and soliciting additional feedback from other partners as well, which is a good thing. I will share my thoughts in a future post.
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I purchased stock within the last year to follow the company for fun. When I reviewed these salary increases, I checked my unrealized gain and received a larger raise than Brad Smith. However, I haven't sold my holdings and I didn't receive a bonus!
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I know my customers will be clammering to buy Sage 1425.
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More...
My view is that there are fundamental difference between typical stretchers (around 70%) and switchers (30%) and a corresponding relationship with Direct vs VARs.
The needs and expectations of switchers are typically more complex than stretchers (who are more likley to go direct) and whilst that creates an opportunity for VARS (increased services doing a migration), it's also a problem in that they need to demonstrate capabilities beyond just being QB experts.
The positioning of QBES is also getting a little mixed of late...is it a significant mid-market contender or just QB with a few extra bells & whistles. It could (or should) easily be the former without losing the advantage of being the natural first choice for stretchers.
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The one comment I would make is that Interact Commerce was doing about 50% of their sales via a direct salesforce. So the revenue numbers (and the direct selling expenses ) would be substantially higher on the same number of units as when Sage moved it to a 100% direct model fairly soon after acquisition. It still doesn't disprove what looks to be the truth by just looking on how long it has taken the product to move to a web environment. It was once the 'gold standard' in mid-market CRM and is definitely not there anymore in terms of perception.
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Friday, 11 March 2011 15:03
In US, Dynamics GP is still the product of choice for most
Written by Gary Artis
Unless someone can prove otherwise, I'm willing to bet that Dynamics GP still has more customer adds every year in the US market than any other Dynamics ERP, and probably more than AX, NAV & SL combined. Most competitors would certainly like to call Dynamics GP old or dead, because they'd like to some day stop losing to it.
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Friday, 25 February 2011 14:58
What is the ratio of Twittering to Earned Revenue??
Written by Terry Petrzelka
That is probably a more pertinent metric. Is it wasted time or productive time??
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