Mid-range accounting vendors fight back
It’s very easy to be distracted by industry buzz and publicity about the Next Big Thing in technology. For the past year or two, everyone’s been focusing on the rise of cloud accounting systems such as Xero, FreeAgent and Kashflow.
But in reality, the pace of change lags behind the hype and the vast majority of software users are running applications they bought several years ago. Last August, we considered the most recent Sage 50 Accounts and QuickBooks Enterprise upgrades. This article looks into the mid-market sector, which continues to be dominated by same three names that have been around for several years: Pegasus, IRIS Exchequer and Access.
Log in to AccountingWEB to find out what the big three mid-market players have been up to during recent months.
- Pegasus - The RTI factor
- IRIS Exchequer - Going mobile
- Access - If you can’t beat ‘em, join ‘em
Stuart Anderson, sales and marketing director at Pegasus, summarised a view that could equally apply to his rivals: “We are always looking at the landscape to see how new and emerging areas such as cloud stand to benefit our customers, and indeed, the extent to which they are gaining traction.”
The cloud is a potential threat to this sector, but to ensure the upstarts don’t disrupt them too much, each of the players has been adapting its systems to see them off. Hosting mature accounting solutions (and associated office productivity programs) is increasingly popular among users, which gives them the convenience of web-based tools, but retains the functionality to which they are accustomed.