Wednesday, 11 March 2009

Downturn for Accountants?

This evening I had dinner with an analyst from IDC who follows accounting technology, specifically Enterprise Applications. He doesn't see a slowing down for sales in this area, as companies are using technology to save money.

This view was borne out by a representative from WennSoft, a developer of job costing software for Microsoft Dynamics. He hasn't seen any slow down in business over the last few weeks.

My suspicion is that companies are completing their current accounting software projects, some of which can take years, but I'm not convinced that there are a lot of people looking to start new projects at this time.


Clear Books for Accountants said...

It's not just companies, but accounting firms too. We've just had an enquiry from an accounting firm looking to slash its software costs. They manage the books for several clients.

The new wave of web based accounting software systems (like are becoming increasingly popular in this downturn.