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I don't think it's true that it will never work. For one thing, most of the large enterprise accounting packages are web-based, and plenty of people use them (a
by thinkcomp 15y ago
I don't think it's true that it will never work. For one thing, most of the large enterprise accounting packages are web-based, and plenty of people use them (and pay a pretty penny for the privilege).
We've been developing the web-based accounting backend that now powers FaceCash (https://www.facecash.com https://www.facecash.com) since 2001, and we also found it hard (read "impossible") to sell as a startup that no one had heard of. However, once we built it into the payment system, we started to have all kinds of businesses interested in using it. It's more of a marketing problem than anything else.
As for focus, we've deliberately ignored countless VCs who have insisted that we do one thing and one thing only. Accounting software needs to be robust in a wide range of areas for it to be usable. If you can do Accounts Payable but not Accounts Receivable, what you have is a product that no one wants.
- blutonium 15y agoIt is working, just not for them. I use Quickbooks Online, Freshbooks and LessAccounting (rather disputing "They will never (99.9% never) try to replace their current accounting system"). I do SMB stuff. My primary accountant insisted on moving to Quickbooks Online five years ago. 100% web-based ever since and nearly everyone I know does the same, even if they're just making earrings. Looking at their site, it seems like they don't have a compelling product to market. Add in that their tied to Shopify and don't solve most of the accounting problems that small businesses face, and it's not hard to see why their sales are bad.