by Kevin Lalor | Nov 29, 2013
In 1983, Association of Data Processing Service Organizations (ADAPSO) performed a survey of the large software companies (revenue over $10 million,) inquiring of them regarding their revenue recognition practices. Particular inquiry was made regarding that point at...
by Kevin Lalor | Nov 28, 2013
Happy Thanksgiving! Today is a day for giving thanks and recognizing the blessings of life. At Bi101, we would like to join in the tradition of thanksgiving and recognize something that does not ever receive the credit or the thanks that it deserves – VSOE...
by Kevin Lalor | Nov 27, 2013
There is nothing easy about running a software company. First, there is the difficulty in finding the right programmer. According to an analysis of job posting, there are thousands of programming positions that are unfulfilled. Second, there is the need to generate or...
by Kevin Lalor | Nov 1, 2013
QuickBooks is ubiquitous with small business. According to the NPD Group, a market research company, when it comes to accounting software within small businesses, QuickBooks has about 90% market share. This kind of market share is only obtained by making strategic...
by Kevin Lalor | Oct 4, 2013
Over the past four days, we have compared different capabilities found within QuickBooks and NetSuite. On Tuesday, we started this series by reviewing the history of the two systems. On Wednesday, we reviewed the differences between real time processing and batch...
by Kevin Lalor | Sep 24, 2013
Recently, I overheard a conversation between an entrepreneur and his mentor. The entrepreneur had an idea for a company but was concerned about the legal framework necessary to be in business. The mentor told this young man not to be concerned about business cards,...