Accounting systems ‘too backward’ for subscription model
When AccountingWEB sister title BusinessCloud9 first met up with Zuora back in 2008, it was in the early months of the company’s existence and the meeting place was a rather overcrowded Starbucks in San Francisco, explains Stuart Lauchlan.
Flash forward four years and we’re in the rather more upmarket bar of the Charlotte Street Hotel and Zuora’s traction in the market has been impressive with customers including Reed Business Information, Pearson and News International.
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- The shift to services
- General ledgers are backwards
- Three key metrics