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"MADEIRA": OFFICE 365-BASED ACCOUNTING Featured

Errol Schoenfish, Microsoft Microsoft has previewed Project Madeira, Office 365-based accounting. This company held a conference call this week on the project, which appears to offer QuickBooks Online-level accounting, conducted by Errol Schoenfish, director of product marketing. Microsoft describes the software this way, "Project Madeira offers an embedded experience within Office 365 so you can create customers, vendors, quotes, and invoices without leaving Outlook."

This will be a product sold via the channel and does not seem to represent an immediate issue for the Dynamics channel. "We don't see this affecting the Dynamics channel partners, at least not today. Even the lower-end Dynamics offerings, such as GP and NAV, will sit above Madeira in terms of company size and functional needs," says Bill Bourke, CEO of Merit Solutions. This is a multi-tenant SaaS-based product built on Azure that sidesteps the Dynamics world and is intended as international product for companies with 10 to 99 employees. A competitor translated that as suited for less than five users. '"We don't see how it could be developed into anything that would approach a "real" ERP that either accountants or operations type people would want to work in (can you imagine doing manufacturing batch scheduling out of Office365?), but I think is interesting for Microsoft that has no current offering in this space to piggyback on their success with O365 and try and expand SMB footprint," the competitor says. The description for open jobs—six currently listed—says to those interested "You will be part of an international team working on products and technologies that have a genuine global impact." Four of the open jobs are in Denmark; two in Fargo, N.D.

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