XU Magazine - Issue 01

Trending up – shifts in accounting technology


If you’re like me, you’re always searching for a better way to do things. Successful people are always looking to improve, even when current systems seem to be working ok. Just like life itself, we must always strive to accomplish new things, tackle new problems, and build new successes for ourselves, our businesses, and our customers.

I’ve been promoting cloud accounting technologies since 1999 when NetSuite first came out. It was called NetLedger back then. When I first saw it, it was like a bolt of lightning had hit me. Suddenly, accountants and clients could simultaneously access the same data in real time. There were so many benefits and so many cost reductions to this new technology that it seemed obvious to me that desktop software, sold on CDs through a retail stores would cease to exist within, I predicted, “a few years.”

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About the author

Doug Sleeter, President of The Sleeter Group

Doug Sleeter is an author, thought leader, publisher, educator, entrepreneur and an evangelist in the small business accounting technology world. Find out more on the Sleeter Group website.