Intuit, Sage & Microsoft Lead SMB and ERP Markets

As events continue to shape the accounting and ERP market landscape, the Yankee Group reports that Intuit, Sage and Microsoft are the dominant companies in these small and medium business (SMB) markets. The dominance of companies in the 2-to-99-employee market went to Intuit first and then Sage, while in the 100-to-999-employee market, Microsoft led, followed by Oracle and Sage.


Advertisement



Over 400,000 customers use Monarch to transform any report into live data. No more re-keying data into spreadsheets, no need for IT help! Download our white paper today!


These results were released in the Yankee Group’s Small and Medium Business Applications and Web Survey. The survey is a comprehensive study of the adoption, applications and requirements of SMBs for business applications and web site services. The answers gained in the survey went toward defining SMB’s business application and web site needs, preferences and purchasing behavior.

Microsoft entered into the low-end applications market with their Microsoft Dynamics GP, formerly called Microsoft Business Solutions–Great Plains. Their software currently covers the Construction and Professional Services industries. This software can manage and integrate finances, e-commerce, supply chain, manufacturing, project accounting, field service, customer relationships, and human resources as a cost-effective solution.

Changes made to data in the system financial management tools are seen in real-time. These tools include general ledger, accounts payable, and accounts receivables modules, bank reporting, cash flow management, and statement reconciliation. Analytics, reporting and budgeting tools are also available to handle simple reporting requests or advanced consolidation analysis.

The Microsoft Dynamics Business Portal integrates directly with Microsoft Dynamics GP, making data and processes accessible using an Internet-based portal. These applications integrate and work like other Microsoft products such as Internet Explorer, Microsoft Office System products, and Microsoft SQL Server.

Sage offers their Internet-based Accpac ERP and middle-level BusinessWorks Accounting solutions, as well as entry-level Peachtree First Accounting and Simply Accounting. Sage FAS Fixed Assets and its variants are specifically designed for different business entities to solve fixed asset inventory, asset accounting and depreciation and any reporting challenges. Sage CPA Practice Manager and CPA Accounting offer comprehensive solutions for handling CPA firms and accounting needs.

Intuit was the leader in the 2-99-employee market with products such as Quickbooks and Quickbooks Online. They offer Quickbooks for all level users, from Simple Start to Quickbooks Pro and Premier, to their Enterprise version. Quickbooks for Mac is also available. Quickbooks Online is available at a reasonable monthly cost.

You may like these other stories...

You probably don't want to think about how many times you access the File menu in Excel 2010 or 2013. Personally I think Excel 2010 has the best possible File menu arrangement, other than having Print Preview grafted...
Following other recent high-profile hacking events, investigators discovered yesterday that hackers broke into the draft work paper files of several famous CPA firms. Revealing images of the scantily clad documents have been...
For bitcoin users, the taxman cometh. And you best know how to calculate taxes owed on what the IRS calls convertible virtual currency.In March 2014, the IRS issued Notice 2014-21, which declares virtual currency will be...

Already a member? log in here.

Upcoming CPE Webinars

Sep 18
In this course, Amber Setter will shine the light on different types of leadership behavior- an integral part of everyone's career.
Sep 24
In this jam-packed presentation Excel expert David Ringstrom, CPA will give you a crash-course in creating spreadsheet-based dashboards. A dashboard condenses large amounts of data into a compact space, yet enables the end user to easily drill down into details when warranted.
Sep 30
This webcast will include discussions of important issues in SSARS No. 19 and the current status of proposed changes by the Accounting and Review Services Committee in these statements.
Oct 23
Amber Setter will show the value of leadership assessments as tools for individual and organizational leadership development initiatives.