Initial thoughts on another SaaS accounting package at diversity.net.nz

Following on from my previous post about the breadth of product offerings in the SaaS accounting space, this morning I’ve been having a play with SaaSu’s NetAccounts and I have to say that it’s nice. Clean and tidy with a logical set out.

Net accounts is not yet customised for NZ but should be soon. It does however have a host of needed features - inventory, payroll etc that Xero does not have as yet - I’m sure Xero will be developing these things as we speak but the question is which will occur first - NetAccounts customised for NZ or Xero fully featured.

I imported one of my businesses accounts into NetAccounts from MYOB. While not a piece of cake it took less time than I would have expected and seemed to perform without any glitches. I’ll be assessing the offerings in the next few months and will look at making a full deployment decision thereafter. Interesting to note that NetAccounts is roughly 20% of the price of Xero.

Anyone feel like plugging some new figures into the Xero IPO document - something like revenue at 20% of expectation - methinks that would change the equation significantly!

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2 Responses to “Initial thoughts on another SaaS accounting package”

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1 Jason
Jun 21st, 2007 at 8:59 pm

Ben ,

Have a look at Twinfield - 18,000 users in Europe and UK http://www.twinfield.com/cover.aspx?lng=EN

Uses a per employee pricing model which is also a smart way to size the and scale the market
2 benkepes
Jun 21st, 2007 at 9:06 pm

Cheers Jason - will do

diversity.net.nz