Are Web-Based Apps Threatening QuickBooks?

Our friends in softwareadvice.com have posted an interesting analysis of the accounting marketplace.

They ask, is Quickboks under threat? Well we certainly think so. The argument for using cloud based apps over CD-ROM based software is very compelling. Why would any business want its key administrative functions tied to one single user sitting at a single desk in an office somewhere?

In the modern business environment being flexible is critical. You need to be able to respond quickly to changing customer demands and if this means being able to raise an invoice while out on the road or being able to check the balance on a customers account just before walking into a meeting then cloud based software is the only way to go.

The days of working 9 to 5 in an office are also slowly waning. To maintain and incentive your workforce you need to give them flexibility to work from home if family circumstances mean someone can’t always come in.

None of this is possible with CD-ROM based software and we at Yendo say long live the cloud!