Rob was the CEO of Intacct, which Sage has acquired. Intacct is a leader in small business ERP. Read on to learn more about the trends in that space. Sramana Mitra: Let’s start by introducing our audience to yourself as well as to Sage Intacct. Rob Reid: Sage Intacct is an ERP solution provider for
Erich Litch: As you get to smaller companies, they tend to make company-wide decisions and want simplification. They want something that’s cheap, quick, and easy and doesn’t over complicate their lives so that they can spend most of their time focused on the business. They don’t have the liberty of hiring teams of people to
Sramana Mitra: Can we talk a bit about the competitive map around this ecosystem? The direct competitors are Chargify and Zuora, right? Erich Litch: Since we operate in so many parts of the ecosystem, we compete with a number of different companies. In the subscription billing space, we compete against Zuora or Chargify. If you
The payment industry is going aggressively digital. This discussion takes stock of the ecosystem and its trends. Sramana Mitra: Let’s start by introducing our audience to 2Checkout and yourself. Erich Litch: I’m Erich Litch. I’m the Chief Revenue Officer for 2Checkout. 2Checkout is a leading payment and e-commerce company. We do business all over the
Jeremy Almond: We have another product where most of the time when a payment that needs to be authorized goes beyond a certain amount, there are controls in place. Maybe your accounts payable clerk can pay bills under $10,000. For over $10,000, it needs to go to the controller. Over $50,000, it needs to go
Sramana Mitra: My question also is, what is the value proposition versus direct deposit? Jeremy Almond: In the US, you have effectively three ways to get paid if you’re a business. All three of these are systems that were built before the internet. The first way is paper check. As consumers, we don’t use them
The B2B digital payment space is changing. Listen to Jeremy discuss the developments. Sramana Mitra: Let’s start by introducing our audience to yourself as well as PayStand. Jeremy Almond: I’m the Founder and CEO of a company called PayStand. PayStand is a B2B digital payment network. What Venmo does for consumers, we do for commercial
Sramana Mitra: Is there any dynamic that you see in people seeking credit versus not seeking credit by industry sectors? Levi King: The answer probably won’t surprise you. There are certain industries where your credit comes into play way more often than others. My first business was an electric sign company. I would get 50%