Latest on online accounting, finance and AI. By @sholtomac

Sydney, Australia
Joined June 2010
Digital First retweeted
Replying to @Digital_1st
@Digital_1st caught up with our CEO, Colin for a wee chat at #xerocon literally hours after @Xero had announced their basic #cashflow feature... Do you want to know what Colin thinks about that? 🤔 float.fyi/2VKaNmw
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Replying to @Digital_1st
@Digital_1st Interviewed @colinhewitt why he is taking @FloatApp global, take your time well worth a read. #cashflow #accountantsuk #SmallBusiness Interview: Why Float Is Taking Its Cashflow App Global, And How - The Latest on Accounting Tech for SMEs buff.ly/38S6s46
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Congrats to Mike Rich and the team at @AttacheSoftware ! Sold to @TheAccessGroup for an undisclosed amount. Mike staying on for handover and to help launch Access in Oz #ERP #midmarket
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Digital First retweeted
If you’re a Sage customer, partner or employee you better get used to the name “Intacct”. You’re going to hear it a lot over the next couple of years. "The Future of Sage? An Intro to Intacct" by @sholtomac via @digital_1st bit.ly/321BTow #SageIntacct
Digital First retweeted
I'm getting a clearer picture of THE modern day demarcation of the #SMERPDilemma (line between SME systems like QBo & Xero and #ERP) from the opening keynote from @SageIntacct #ADV19 Intaact very focused on appealing to internal CFOs. Features & functions very #midmarket – at Paradise, NV
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#ADV19 Lots of focus on AI-driven capabilities that enable almost everything Finance has been asking for over the past decade - the types of improvements that can push a vendor ahead of competitors without stepping too far ahead of customers. #SageIntacctAdvantage #Advantage19
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Nice. Turned a column chart into relative size comparison when comparing offices in two states #adv19
Nice library of custom reports or create your own with drag and drop pivot tables, formatting, etc. now adding an interactive visual explorer, uses maps to show data geographically. #Adv19
Sage Intacct budgeting and planning is drag and drop. No more busted formulas. Is this moving into Adaptive Insights territory? Probably going to to mop up the lower end #Adv19
Here’s the pitch for Sage Intacct budgeting and planning #ADv19
Next up AI in budgeting and planning. Hot area - Intacct introduces this last year. For companies that need to collaborate across org #Adv19
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Sage People syncs HR data and payroll data to Intacct. Single source of data, fewer errors, faster and more accurate reporting and compliance. Includes a pretty detailed self service screen, lots of functions #Adv19
Sage People getting a good plug, and a warm reception. SVP of Sage People is from Intacct for past 12 years. Announcing integration of Sage P and Intacct. #Adv19
Dan Miller now talking about AI and the GL. Time intelligence can drive billing performance. Headcount insights drive future planning. #Adv19
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This demo identifies that an increase in discounts has caused billing to fall $317k below target. Shows a list of upcoming client renewals and a target percentage (92%) for subscription renewal price. I really need a pair of those trousers #ADV19
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Predicting billing is part of biz planning process that can take days or weeks. Intelligent GL could forecast better for you continuously. Head of Ai lab appropriately speaking in a German/Scandinavian accent and wearing red trousers #Adv19
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Ai example #2: using Ai to continuously forecast billing. Predictive billing is the first step to automating cashflow forecasts #Adv19