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FY 23 Partner Kickoff - Part 2

  • 1.  FY 23 Partner Kickoff - Part 2

    Posted 12-01-2022 13:08


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    Wayne Schulz
    wayne@s-consult.com
    Schulz Consulting
    (860) 516-8990
    Moodus, CT
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  • 2.  RE: FY 23 Partner Kickoff - Part 2

    Posted 12-01-2022 16:44
    Thanks @Wayne Schulz but once was enough....​​

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    Therese Logeais, Technology Integrators
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  • 3.  RE: FY 23 Partner Kickoff - Part 2

    Posted 12-01-2022 19:10
    I feel as if this recording started 1/2 way through. They barely introduced themselves. 
    This was a Sage Intacct sales meeting.

    No Nancy Teixeira and I didn't hear why she missed the kickoff.

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    Wayne Schulz
    wayne@s-consult.com
    Schulz Consulting
    (860) 516-8990
    Moodus, CT
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  • 4.  RE: FY 23 Partner Kickoff - Part 2

    Posted 12-01-2022 19:18
    @Wayne Schulz, Nancy missed because her mother is ill, and she is working through personal issues.  At least that is what I believe they said at the very end.​

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    Madeline Stefanou
    RKL eSolutions, LLC
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  • 5.  RE: FY 23 Partner Kickoff - Part 2

    Posted 12-01-2022 19:29
    BMS and X3 start with Dianna Lane at the 30 minute mark

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    Wayne Schulz
    wayne@s-consult.com
    Schulz Consulting
    (860) 516-8990
    Moodus, CT
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  • 6.  RE: FY 23 Partner Kickoff - Part 2

    Posted 12-01-2022 20:18
    LOL - the last 10 to 15 minutes are Sage managers playing Sage Jeopardy. I'm not kidding.

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    Wayne Schulz
    wayne@s-consult.com
    Schulz Consulting
    (860) 516-8990
    Moodus, CT
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  • 7.  RE: FY 23 Partner Kickoff - Part 2

    Posted 12-02-2022 08:27

    I decided to watch this.  As most of you know I mostly abandoned Sage in 2008 when I realized MAS90 was just a maintenance cash cow and would no longer be competitive in new deals.  I stay in 90 minds because we support existing clients and I love you guys.

     

    So watching this was one of the most painful and intellectually useless webinars I think I've ever seen. 

    Mark Chinsky
    Partner
    Clients First Business Solutions
    t: (732) 497-9915 | e: mchinsky@clientsfirst-us.com
    w: www.clientsfirst-us.com
    Your Best Interest is Our Purpose
    ++++.............................................................................................................................................................................
    Is Your Data EverSafe?





  • 8.  RE: FY 23 Partner Kickoff - Part 2

    Posted 12-02-2022 09:00

    I found this helpful:
    - Organization charts - even though some were more detailed than others ( I think Dianna Lane's left out a bunch of people)
    - Hearing that Intacct had no actual inventory offering for Intacct as of last year
    - Watching the award announcements, which seem as if they're now "lucky deal of the qtr/year" or designed to boost BPAC members into selling more Sage
    - Observing who was on the call for Sage (always watch who/what products get the "podium time")

    I found this puzzling:
    - Spending the last 15 minutes watching Sage execs play Sage Jeopardy
    - The recording ( live version may have been different ) offered no introductions, and the agenda slide only had names ( as if we should have instantly recognized the speakers and topics)
    - Sage still doesn't seem to have a migration path/plan for the core Sage 100/300 customers who they worked hard to have purchase 3 to 6 add-on integrations, thus making it very difficult to migrate to Intacct and have feature parity. So far as I can tell, the only plan for the Sage 100/300 is to continue cranking up price increases until there's a day when "the golden goose (revenue) is gone" and we get the "sold to Vista Equity Partners" email.
    - The ISV area is still, IMO, mostly a land grab for $$. Nothing is said about working with the ISV community to make upgrades easier or to have those upgrades quickly arrive after each major version release of Sage 100/300.

    I didn't really come away motivated. However, I think in the future, Sage will be much more about working with a small number of reselling partners. At present, Sage wants two deals a quarter from their partners. In the future, if the partners decide to focus on another product and stop doing x deals, what happens to those commission credits? Relying on any publisher's commission payments as the majority of your revenue stream is, IMO, not a great idea.



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    Wayne Schulz
    wayne@s-consult.com
    Schulz Consulting
    (860) 516-8990
    Moodus, CT
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  • 9.  RE: FY 23 Partner Kickoff - Part 2

    Posted 12-02-2022 15:18
    I also thought it was moderately helpful to have some visibility into the operation and what management thinks is important. I am more or less happy that Sage is at least doing well in the ### that the UK overlords think is important. ​And like Wayne, I also think org charts are helpful.

    But I am really, really tired of experiencing these communication events where it's clear that Sage is not clear about the goal of the event or who they are aiming it at. (I also really, really wish that all presenters would learn to use mics that are NOT in their computers; the audio for many was inexcusably awful.)

    These All Hands meetings clearly have at least 2 audiences: Intacct and BMS partners. Certainly, there is organizational overlap (eg, DSD is successful at both) but the people involved are 95% either one or the other. Because of their interests, each will come away with something different ... but it's not clear to me what Sage wants those to be! Presenting org charts is useful, and an event is the only place they can do this (published copies land with competitors and headhunters), but what else did we get besides rah! rah!, auto-backpats, and games better suited for teambuilding than quarterly updates?

    They clearly think of this as a sales meeting; they want all to come away inspired to sell more in one way or another. But the "how" is completely missing. This is especially true for BMS. They tout the big Sage 100/300 deals, but with very little about why the customers chose them, or how they kept competitors at bay. No mention at all about what sort of BMS customers are moving to Intacct and why. Intacct is beating Netsuite, but how is that changing? 

    What is Sage doing actively for BMS customer retention? What is working and what isn't? (Did you know there is now a Director of Customer Retention? What does he do??)

    An effective customer presentation always includes a goal slide up front, and review slide at the end to remind the audience of what they were supposed to learn. Except Sage never manages to do this ...


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    Jerry Norman
    Smartbridge Partners
    (512) 653-7498
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  • 10.  RE: FY 23 Partner Kickoff - Part 2

    Posted 12-20-2022 09:28
    As I look at the market with an "outsider's eye", I can see that the conversion of software companies focused on product to publicly traded corporations focused on profit is nearly complete.  Every so often a new player like Acumatica emerges and starts their similar journey, but the path is clear to profit focused with product as a means to an end.  Similarly, partners have migrated from raving fans of their product to either large profit focused consultancies or skeptical customer focused advisors. 

    Very few partners remain "brand loyal.'  This phenomena has permeated all channels as the publishers either changed their program to grab a larger share of the product and services model or abandoned "legacy" products in favor of publisher driven subscription sales and service.  As partners, we were never in "control" of our destiny, and were rarely treated as true partners, but the façade of partnership has long faded.  Smaller partners have merged into or become affiliates of larger reselling organizations as the cost of doing business has increased and the margins have diminished.   Larger organizations can absorb the costs over a larger customer base and can accept the lower margin as one component of their overall portfolio.  We NEVER made he rules, and choose when, whether and how we want to play.

    As I re-enter the market with I-BN 3.0, I choose to play on the customer side and use the publisher products as tools in my portfolio.  In the end, the role of the consultant is to have the right people, in the right place, at the right time.   The software is a tool that comes with the people.  Sometimes the large partner is best for the customer and sometime the smaller consultancy is a better choice for the customer.  In the end, it is never about us or the software, but the customer and their business.

    Try not to let circumstances which are beyond our control bring you down.  The good old days are behind us, but the sun is shining and it is time to make some hay!

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    Gary Feldman
    Cloud Evangelist
    I-Business Network, LLC
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  • 11.  RE: FY 23 Partner Kickoff - Part 2

    Posted 12-20-2022 09:42
    Can I summarize this to: 

    Publisher = Makes money on subscription
    Partner (VAR, Consultant, MSP, etc.) = Makes money on recurring services

    • All publishers ultimately have a similar profit motive. They are just at different stages on the maturity curve. The glory days of small publishers breaking into the market quickly fade as those same publishers are acquired either by a competitor or held by private equity for eventual resale/IPO.
    • While I admire becoming a customer advocate - you will need to be sure you can tell those customers stories about 3, 6, 9 (or more) customers JUST LIKE THEM who you've helped within the last three years. The days of winging implementations within industries we know nothing about are closing. And I've seen zero incentive for customers ( backing out orphans with painful technical problems) to pay consultants for demos, needs analysis, or conference room pilots.


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    Wayne Schulz
    wayne@s-consult.com
    Schulz Consulting
    (860) 516-8990
    Moodus, CT
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