Payments Australia Conference

I firmly believe that “80% of success is showing up” – attributed to Woody Allen, it’s a great reminder to get out of your comfort zone.  This was the case when I attended the IQPC Payments Australia conference this year organised by Kate McKenzie and her team from IQPC.

Initially I had agreed to attend as a guest of speaker/panelist John Birse and simply live-tweet the event and meet other attendees.  John’s a fascinating bloke, full of energy and ideas.  He is the CEO and National Division Franchisor for Jim’s Bookkeeping, Director of the Institute of Certified Bookkeepers, and a Saasu Partner.

The focus of the conference was to “discuss the technology to enable physical, online and mobile points of sale in both B2C and B2B environments”, of great relevance to Saasu as we are all about automation as previously posted.   I captured some of the event by live-tweeting (you can view the archive of that here)  During the break I was asked  by Kate and speaker/MC Gordon Long (Head of Product, Merchant Solutions at NAB) if I would like to participate on the panel.  A key item for discussion was “economical and user friendly solutions to shift acceptance of technology” so Saasu fit right in that context.

Payments technology is at the heart of automating your business. At Saasu we’re continually updating our add-ons which connect the systems you love using. This month we launched our automated feed to PayPal. Early next year we will launch our add-on for payment gateway eWay to further automate your business.

Bizlinc to Saasu

Bizlinc is one of our latest add-ons to Saasu. We’re very excited about it as it solves the issue of 360 degree integration between CRM, Sales, Operations and Accounting. By leveraging the functionality of Bizlinc and connecting this to Saasu, businesses can take full advantage of a cloud-based enterprise solution.  The Bizlinc team have also written a Saasu customer success story.

Bizlinc is a “mini ERP” system which  provides functionality that takes sales and marketing prospects right from initial enquiry/contact through the quoting and sales cycle. Quotes are delivered and if won, Bizlinc manages service and product fulfilment, manufacturing and purchasing as well as invoicing and payments.

Bizlinc is built on the Force.com platform – developed by leading CRM provider Salesforce.com giving Bizlinc users access to the platforms built-in social and mobile functionality, automation processes, reporting, activity management and search.

For example by utilising Chatter, Bizlinc connects users to colleagues, suppliers, customers and transactions that relate to their specific areas of focus.

For more detailed information about how this connector interfaces with Saasu, see our help note.

As part of the launch of this add-on Bizlinc are offering an iPad 2 in this special promotion.

eBay to Saasu by OneSaas

Next week it will be our 2 years since we started automating the lives of eBay Traders. First we built simple ways to connect and import transactions from eBay, then we built neat ways to drop ship. They were so happy one customer even wrote a song about us. Then along came integration companies such as OneSaas who connected eBay to Saasu via our Application programming Interface (API).

So what is it that the OneSaas + Saasu model does that is so liberating? We simply remove the operational glass ceiling, or what we call labour gravity, allowing the eBay Trader to spend more time on product and marketing. That’s every business owners dream isn’t it?

To make this happen we require 3 key elements:

  1. You need a good integration tool like OneSaas that can connect all the elements.
  2. An online accounting engine like Saasu with real inventory (not price lists).
  3. Where applicable, your accounting system needs to be drop shipping capable.

Here’s the helicopter view of the workflow. Clients engaging Saasu are welcome to explore detailed workflow for their specific business model. In coming weeks we’ll explore some other business models that involve other Saasu Technology Partner services.

Connect2Field with digital pens, a new way to work

Connect2field has released a technology allowing services and trades business owners to write up a job or invoice on a form with a Digital Pen and have it automagically appear in your Saasu file. It’s impressive to say the least. I’ve used it and I have to say that when you see it you will think it’s from a James Bond movie. It digitises your writing so your transactions are straight into your accounts via the Connect2Field to Saasu connector.

I can see it reducing missed or forgotten billings, a common problem in trades and services business. It will also make you and your organisation look professional. Saasu has a long history in the trades sector and also with Connect2field, and their founder Steve Orenstein so I was pretty thrilled to be given the chance to talk about this efficiency technology for Connect2Field and Saasu and what it can do for our customers.

Fast Cash Coding

Today Saasu has released a Fast Coding view in our Automated Bank Feeds area. Fast Coding enables you to quickly categorise your transactions to their appropriate income, expense and other accounts as cash journals. It’s perfect for micro and small businesses cash bookkeeping. If you have your GST/VAT codes assigned to your chart of accounts then you simply type the account code, hit enter and repeat until done for each transaction. Saasu lets you store these categorisation rules as a Bank Rule so that you can bulk process automatically next time you need to code transactions.

To use this feature simply choose Automate > Bank Feeds > More > Fast Code View

We spent a lot of time getting this to a minimal amount of keystrokes. It’s incredibly simple and ensures you keep your hands on the keyboard and off the mouse. This is important for speed, accessibility and simplicity. Sometimes systems get too cute with shortcuts that end up being longcuts and heavy amounts of mousing around. That’s not us. Keep it simple.

Triggers and events

2010 to 2020 is the decade that devices get connected to the net and that devices and systems really start to aggressively share data. This is well known. The effect however isn’t as clear for business owners.

The internet IS NOT simply about convenience through getting your data available online. Web based email, CRMs and accounting web applications are just the first layer. This is the first level of understanding and observation. It’s the outer most layer of the onion. It’s also an easy way for web application companies to sell the benefits of the web to you the customers. You should however look deeper down and expect more from your web application providers.

Apple mouse evolution

The internet has the capacity to add to your business system intelligence and process your workflow in an automatic way. You might not have taken advantage of this yet. If you swallow the red pill so to speak it is a wonderland of triggers and events that we are all creating. Let’s use a real life example to explain this. A trigger might be a customer of a business clicking checkout on your shopping cart that then causes a series of designed workflow events actioned by Saasu such as:

  • Capturing the customers contact record and storing it.
  • Passing credit card details to a payment gateway.
  • Listening to the payment gateway for success.
  • Emailing the customer an invoice using a specific email and PDF template.
  • Emailing a purchase order to a supplier with instructions to deliver the goods to the business customers address (drop shipping).
  • Emailing a shipping slip with an embedded Google Map of the customers address to the delivery driver.

Deeper down in Saasu’s inventory system a lot more is happening automatically.

  • Stock volumes are adjusting.
  • Serial numbers or other inventory attributes are being allocated against items just sold.
  • The value of stock on balance sheet is changing.
  • Stock is moving to “Committed” for the Sale and “On Order” for the Purchase.
  • Cost of Goods numbers are being updated.

Saasu has a real inventory system, rather than just a price list mechanism that you see many basic web apps now providing. All these events above are occurring in an automated way.

This is one example of workflow automation based on a trigger event. Customers are inventing new models all the time and as we add features the models become more effective and handle more situations.

This doesn’t mean humans aren’t part of the picture. It is a symbiotic relationship now between the controllers (the users) and the the system (triggers, events and data). Most importantly if you have devices or systems not connected to the internet then they can’t contribute effectively without requiring manual work to be done. Manual work and intelligent, automated systems aren’t good friends. Manual work is all about labour gravity which I have covered before. So our responsibility now as business owners and employees is to remove these old technology blocks from our new system. Work on the worst blocks first and things will begin to improve quickly.

Nature is full of examples we can look to for inspiration in our thinking on this topic. Speed and complexity of communication is a major factor in the success of species evolution. Just look at humans, we got wired, our brains and communication capability grew. We used the complexity of language to evolve a highly advanced species. You should help your business do the same. Getting online, getting automation tools and having fewer systems (versus many disparate ones) that talk well together is an analogous situation.

I’ve just mentioned fewer systems. Fewer systems is a strategy nature uses to reduce interdependence or dependence risk. An example of the the later can be found in cockroaches who have evolved a single system mechanism. One reason they are so successful is because they have internal organs that produce seven different vitamins and lots of complex amino acids that they need so that they don’t have to rely on food quality to get them. They reduce their dependence risk on nutritious food sources.

When businesses get connected online they can actually start to self organise and grow at faster rates. Essentially an off-line business simply isn’t a part of this primordial web soup of activity and thus it can’t evolve. Contrary to this an online business can’t help but be prodded, communicated with, added to, seen by others and thus grow and evolve. The potential ceiling for the businesses momentum and growth prospects is lower. Businesses in this new online world can grow in orders of magnitude rather than the typical single or double digit growth rates.

Lessons from nature are worth listening to.

Photo by raneko

Saasu iPhone App is here

We’re excited to announce that the Saasu iPhone App is now live in the iTunes App Store.  You can also search the iTunes App store for “Saasu”.

This early release application is free for all Saasu subscribers, it’s our first version and just the start of something great.  You are able to manage professional invoicing, expenses, inventory and contact management from within the iPhone app.  

Key areas included in this initial version are:

  • Contact management.
  • Sales, Purchases and Quotes.
  • Combo Items (bundles/packs/kits) and Items management.
  • Your data will be available to view offline.
  • Whenever you have an internet connection (Wireless/WiFi or mobile broadband) you can create transactions and contacts.
  • Data is encrypted during transfer to your mobile device and to Saasu’s servers.

Things we are wanting to add in future updates include:

  • Offline transactions
  • Saasu contact synch with iPhone contacts.
  • Attach receipt images on the go.
  • Push notifications that report new leads, sales and payments.

Saasu decided to build what is called a Native Application (an ‘App’) that you download because of the attractive offline capability. Mobile web applications will have their place but much of the customer experience will be lost and we don’t want to compromise on that.

We’d love to hear your feedback and suggestions. It’s the first cut so get your ideas in and we’ll work through them.

Sync Google Contacts with Saasu using OneSaas

OneSaas is a cloud based integration platform that allows you to synchronise your Saasu records with other web applications. This will allow you to enter or update a contact in either Google Contacts or Saasu Contacts and OneSaas will synchronise them for you.

The benefit of the OneSaas service is that it also links to many other web applications that you may already use in your business.

onesaas integration between saasu and google contact

OneSaas integrates the main functionality of Saasu from Contacts, Invoices, Items, Accounts, Bank Accounts to Tax Codes. Connecting to Saasu is done through a simple wizard process.

We’ve been using OneSaas to manage our contact records synchronisation between system Saasu operations use including Google Enterprise, Campaign Monitor and Marketo. Traditionally we had been spent hours moving lists around and updating records and instead replaced this with a small payment each month to automate these activities. You all know we love automation :)

OneSaas was founded by fellow colleague and friend, Corneliu I. Tusnea.

Subject to Labour Gravity

Are you fighting gravity on a daily basis? Many businesses have components which require labour and thus labour must scale to grow the business. Other businesses scale without labour or very little labour.

Nothing new here. A simple analysis would say this is classic services, versus productised business but it goes deeper than that. Essentially services can be commoditised through automation. As humans we just haven’t figured out how to do that in many situations.

So this post is really about growing large and avoiding tracking sideways in your business. We know this stuff works. We have seen businesses go from 100k to 1million turnover in a year by employing techniques we have taught business owners. These are nearly always operational problems we solve rather than traditional accounting ones.

Another way to look at this labour gravity issue is to discern the difference between hourly labour versus commoditised labour. If your business does hourly-based tasks you are subject to labour gravity. You would be much better off breaking your tasks down into commoditised components and then from there cost them and review them for automation candidates. Even changing your billing model to have fixed pricing or tiered pricing that relates more to the task you perform and less to the hours worked.

In product-based businesses the gravity is technical and centred around supply-based issues which scale much better. These limitations can be engineered out.

So when I speak to business owners who are data entering transactions from their eBay or Trademe system into their accounting system I can see the labour gravity taking effect. More recently I heard about a business that was merging reports from their payroll, inventory and invoicing systems to produce a report they needed. It’s easy to see the same thing happening at the management level in business.

Fortunately these businesses end up finding us and we can fix that but you can see they are subject to massive amounts of labour gravity. Sometimes these people resist in fear of making their role less relevant. This is where people divide into two types. Those that embrace it and reinvent themselves and those that fight it in an attempt to maintain the status quo to serve a self interest gain they get out of doing the work that machines can do. This is so wrong because the reinvention of oneself to do higher end tasks generates more income for society, higher billing rates, more interesting work. It’s the difference between evolution and maintenance. Evolve or die.

Hidden treasures exist in this approach. If you think about what the world looks like fully automated all you will see is art, passion, self expression, family time, love etc. The list goes on, it’s all those things that are at the essence of happiness and not in the realm of the mundane. Automation is a pursuit dedicated to causing happiness that liberates people from automaton existences.

You may be wondering why I am being firm on this, it’s because I’m passionate about this and I want you to “get sum”. You’ll love automation, the more you engage it the more you will be liberated by it and and the sooner you will realise the truth… You are what you haven’t automated.

Bank Feeds Release

Last night we pushed the button and rolled out our secure automatic bank feeds feature to all Saasu users on paid plans. We now support connections to hundreds of bank accounts. We’ve also eliminated the need for painful paper forms. Getting set up online is simple and takes only a few minutes.

We are very excited by Automated Bank Feeds as they cement Saasu as a market leader in the online accounting industry having all the fundamental components of Workflow, Payroll, Inventory and Point-of-Sale.

Saasu has decided not to charge extra for bank feeds.  We believe in creating extreme value for clients by continually offering more at a lower price.  We will also provide unlimited bank account connections within your Saasu file.

What are Automated Bank Feeds?

In essence they elimate data entry. Your bank and credit card transactions feed into Saasu automatically. You can easily create transactions in Saasu from this data (using the + icon). You can also reconcile these transactions against existing transactions in Saasu by accepting the matches we find using our clever matching engine.

Connected in 5 minutes!

  1. Go to Automate > Bank Feeds.
  2. Select the Bank Account you want to connect.
  3. Click “Connect to Bank Feed” and fill in your bank credentials. More…

We would love you to let us know what you think. Enjoy!