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) EASi Supports Cliff Vested Performance Awards Using Multiplier Model
With its November software release, EASi now provides the accounting and administration support for awards where greater or less than 100% of the target granted shares can be earned. EASi supports both the auditable addition of incremental shares to the original target grant when earning is greater than 100% and the automated cancellation of shares when target performance goals are not met."In response to Pay for Performance compensation trends, EASi continues to enhance its support for Performance Awards," explains Denise Vitale, Vice President of Product Development for EASi. EASi supports cliff-vested performance awards using a multiplier model and having an underlying base of a restricted award. The new PSA grant type is the performance equivalent of an RSA and the PSU is the performance equivalent of an RSU. More>>
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) Case Study: Project and Resource Management Cloud Computing with
Another main objective was to integrate the chosen solution with their accounting system, MS Dynamics Great Plains, and their home grown expense tracking system. At first, the CIO thought the need for integration would require an installed or on premise solution, adding complexity and timeline of their launch. Instead they were able to find not only a project management application provider, but also a vendor that could host a dedicated server for them. The hosted, dedicated server option allowed the team to ‘dial into' the box and perform the integrations themselves, using Web Service APIs and the Software Development Kit.The hybrid offering of both a project management system and a complete data storage and hardware environment, allowed the team to get their collaborative, project management solution up and running rapidly, without having to wait in the IT demand queue. More>>
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) Intuit Microsoft War: Microsoft Loses Again
Microsoft created it several years after buying heavyweight accounting software producers Great Plains and Solomon. Counting eary losses on these products, this new Intuit Microsoft War investment was about $2 billion. Microsoft originally referred to Microsoft Office Accounting as a Microsoft Intuit War "QuickBooks killer." However, sales were so bad that the $150 price soon went from $150 to $50 and then became a free download, so Microsoft Loses Again. They actually never even made it past number two Peachtree. Many thought the product manager would be the next Microsoft CEO, but he left soon after the new Microsoft Intuit War disaster became an apparent and Microsoft loses again.
Microsoft still sells a $200 version called Microsoft Office Accounting Professional. More>> - (
) Accounting Technology Magazine Recognizes Connecticut Based CAL
CAL Business Solutions Inc., a leading provider of Microsoft Dynamics GP (formerly Great Plains) accounting software in Connecticut, was chosen as one of the select 100 Pacesetters for 2008 by Accounting Technology magazine. The performance-oriented recognition is based on selection criteria that include awards, leadership, industry reputation, and company growth.Harwinton, CT (PRWEB) December 12, 2008 -- CAL Business Solutions Inc., a leading provider of Microsoft Dynamics GP accounting software in Connecticut, announced today that it was chosen as one of the select 100 Pacesetters for 2008 by Accounting Technology magazine.
"We are honored to receive this distinguished recognition from such a well respected publication. I am proud every time a small company in Connecticut is recognized as a leader among their peers nationwide," said George Mackiewicz, President of CAL Business Solutions. More>>
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) Non-Profit Organizations Switch from Microsoft Great Plains to
Great Plains are forced to manage their business on separate on-premise software packages — one for accounting, one for inventory and warehousing, one for sales force management and one for Ecommerce — an approach that requires costly integration to get them to work together. The cost of implementation, integration and on-going application maintenance in such environments can be many times the cost of the software itself — a particular challenge in the current economic environment. In addition, tying together disparate systems typically does not provide the integrated real-time visibility across metrics that is essential to managing growth.
In contrast to Microsoft Great Plains, NetSuite is designed to help solve the challenge of bringing together these different systems because it is a single system for CRM, accounting/ERP, inventory, and Ecommerce operations. More>>