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Business Environment Warming Up
"Business is looking much better" is the consistent message we are hearing from the companies we work with. At Online50 we work with a broad section of businesses and their accountants. Most companies that use our service are small businesses, and they tend to be established rather than startups. We have been hearing consistently that companies are seeing more enquiries, more confidence and more orders. The 2010 calendar year seems to be in marked contrast to the 2009 calendar year when enquiries and confidence were very visibly down.
We provide services that enable a company to work effectively in multiple locations, and especially when they want to receive a higher level of input from their accountant. When a company wants to split the accounting function with an accountancy services provider, our services allow them to divide the work in any way that makes sense for them. Not surprisingly, more small businesses succeed when they are supported by their accountant. Smart companies are choosing to collaborate with their accountants for competitive advantage.
Oh - and by the way although the picture looks very inviting we don't endorse paddling in your local park - it scares the ducks and annoys the park-keepers!
Competing in the Cloud: the online paradigm for accountants
This concise presentation will be given at Sage Connect 2010 by Rob Lambden, CEO and Founder of Online50. It will explain how the concepts of Cloud Computing and Online Accountancy relate specifically to accountancy firms. If you would like answeres to any of the following questions, this 10 minute 'buzz' will be ideal for you:
- Why is The Cloud important to accountants?
- What is The Cloud anyway?
- How can The Cloud help my firm?
- How can The Cloud help my clients?
- Isn't The Cloud just a fad?
- How will The Cloud change the way we do business?
We will also be making available a whitepaper covering the topic in more depth. Visit the Online50 stand after the buzz session to receive a copy.
Next Generation Client Collaboration
The commercial launch of Online50 in 2003 introduced a new way of working to small businesses and their accountants. By using accounting software that was hosted the accountancy tasks could be divided between the accountant and the client and a much more flexible way of working was made possible. Since then we have continued to see lots of businesses choose to run their business software, not just accounts software, on our platforms.
This autumn we will be launching our next generation client collaboration system. The system is designed to complement the existing Online50 service, not replace it, and extends the ways in which an accountant can support their clients and provides new opportunities for different companies to work online.
The system builds on the unrivalled success of the Online50 concept - make it easy for people to do the work they want to, with the tools they want to, in the way they want to. It provides a range of features that will appeal both to smaller organisations (who may find a standard accounting package 'too complicated') and larger organisations (who want more control and users in defined roles).
We will be giving a preview of our Next Generation product at the Sage Connect event on 21st July 2010 - we are not providing any details of the product in advance of that date.
If you would like to know more about the product but you are unable to visit the British museum on the 21st July please let us know and we will send you an information pack after the event.
Online50 Sponsors Sage Award
We are delighted to announce that we are sponsoring the Innovator of the Year Award at the Sage Connect 2010 conference. The event takes place on July 21st at the British Museum in London, and is an opportunity for accountants to receive updates from Sage, hear a number of industry speakers and network. Speakers will include Nick Hewer (Alan Sugar's right hand man from The Apprentice), Spencer Kelly (presenter of BBC Click), Paul Stobart and Jayne Archbold from Sage, Julian Hatt from HMRC, Michelle Sansome from the Accounting Standards Board and Jack Mansfield from Companies House.
Online50 will be attending the event, presenting a 'buzz session' called "Competing in the Cloud: the online paradigm for accountants",sponsoring the Innovator of the Year award and giving a preview of our next generation client collaboration platform due for release shortly.
Doors open for the event at 9am with the award ceremony at the end of the day.
Latest Whitepapers
We have recently issued a series of whitepapers that explain how Client Collaboration, Cloud Computing and Online Accounting are being used in the real world. These have proved much more popular than even we had anticipated. If you haven't yet seen these and they are of interest to you then you can download them from the Whitepaper library in our Secure File eXchange, or for your convenience we have provided a download link with this Newsletter. All of our whitepapers are in Adobe PDF format.
The latest whitepapers are all aimed at being practical explanations while still carrying plenty of information. Becasue of this we have called them all How To ... We hope you may find them useful.
You can access the guides using the links below.
