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Sage All Hands Meeting - 10/19/21

  • 1.  Sage All Hands Meeting - 10/19/21

    Posted 10-18-2021 12:16
    Anyone have insight on tomorrow's meeting.  Seems like a non event if is just prerecorded....



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    Jeff Schwenk
    FORMER 90M Board Member -140,000,000 is a TERRIBLE thing to waste!!!
    Bottomline Software, Inc.
    Waynesboro VA
    540-221-4444
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  • 2.  RE: Sage All Hands Meeting - 10/19/21

    Posted 10-18-2021 13:04
    I'm still trying to figure out exactly what it was they announced at last year's kick-off.

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    Wayne Schulz
    Schulz Consulting
    860-516-8990
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  • 3.  RE: Sage All Hands Meeting - 10/19/21

    Posted 10-18-2021 14:51
    Whose idea was it to send the invites out the day before the event? Or did someone decide "we probably should invite the non-Intacct channel".

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    John Hoyt, Co-Founder
    Next Level Manufacturing Consulting Group
    johnh@nextlevelMCG.com
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  • 4.  RE: Sage All Hands Meeting - 10/19/21

    Posted 10-18-2021 15:07

    Ha!  At least you folks GOT an invitation – I don't see anything in my in-box about a Sage meeting tomorrow at all!  (I see the Tweet about it when I log into the Partner Portal  – but that's all.  Just the Tweet!)

     

    Sue Bennett | President

    Bennett/Porter & Associates, Inc.

    P. 503 620 3484 | F. 503 620 2765

    12559 SW 69th Ave | Portland, OR  97223

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  • 5.  RE: Sage All Hands Meeting - 10/19/21

    Posted 10-18-2021 17:26
    Now I know how the BusinessWorks people felt when Sage tried to move BW users to Sage 100.  I thought that made PERFECT sense.  Reminds me of a Monty Python and the Holy Grail scene where the peasants were asked to "Bring out your Dead".  The accents are "dead" on!!

    Monty Python and the Holy Grail: Bring Out Your Dead - YouTube

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    Jeff Schwenk
    FORMER 90M Board Member -140,000,000 is a TERRIBLE thing to waste!!!
    Bottomline Software, Inc.
    Waynesboro VA
    540-221-4444
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  • 6.  RE: Sage All Hands Meeting - 10/19/21

    Posted 10-19-2021 09:22
    It is all pre-recorded. Listen on demand.

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    alan niergarth
    Velosio LLC
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  • 7.  RE: Sage All Hands Meeting - 10/19/21

    Posted 10-20-2021 07:40
    Edited by Gary Feldman 10-20-2021 07:41
    Was there anything worth listening to?

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    Gary Feldman
    Cloud Evangelist
    I-Business Network, LLC
    Marietta GA
    6786270646 x224
    http://www.summithosting.com
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  • 8.  RE: Sage All Hands Meeting - 10/19/21

    Posted 10-20-2021 09:34
    No mention of anything much outside of Intacct as it relates to what I am interested in for our client base. Continued push move legacy clients to the cloud either through SPC or "strategic" hosting partners.
    IMHO Sage, like Microsoft, increasingly seems to think we work for them rather than with them. Although that is not how it is vocalized.  Lots of talk about making "it easier to do business" with them.

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    alan niergarth
    Velosio LLC
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  • 9.  RE: Sage All Hands Meeting - 10/19/21

    Posted 10-20-2021 10:15
    I only listened to the NA recording - the 2 Nancy's. There was nothing of substance and no real action items. My understanding through others at Sage is the first week of November may be some reshuffling of people.

    Microsoft can do whatever they want since ERP systems are a tiny part of their business. Not so with Sage, so they may or may not survive with these "cloud" moves. They certainly will not be the overall winners IMO.

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    John Hoyt, Co-Founder
    Next Level Manufacturing Consulting Group
    johnh@nextlevelMCG.com
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  • 10.  RE: Sage All Hands Meeting - 10/19/21

    Posted 10-20-2021 10:35
    With Summit & I-BN combined, the new Summit Hosting is undoubtedly the "largest" of the Sage hosting providers, but are not yet being allowed to participate as a strategic provider.   
    • Sage Provisioning Portal (SPP)is barely being used to my understanding because Cloud@Work is not at Azure and is really the only "strategic" provider so far. 
    • SPP currently supports most Sage Add-Ons but not all, and very few third party products while most independent providers support all
    • SPP does not yet support Sage 100 Advanced while most independent providers do
    Sage is correct that cloud needs to be a growing part of its portfolio, but with its demographic, not 100% of its portfolio.  From my perspective they are trying to control and monetize the SBC as opposed to put guidelines or quality assurance around how Sage 100 should be deployed in the cloud.  The program includes an audit questionnaire for data centers is very appropriate for providing assurance that the data center meets minimum standards for service.  IMHO, the monetization model and pace of rollout is  counterproductive for growth and acceptance of the program.

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    Gary Feldman
    Cloud Evangelist
    I-Business Network, LLC
    Marietta GA
    6786270646 x224
    http://www.summithosting.com
    ------------------------------



  • 11.  RE: Sage All Hands Meeting - 10/19/21

    Posted 10-18-2021 15:21
    I didn't get an invitation either.

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    Wayne Schulz
    Schulz Consulting
    860-516-8990
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  • 12.  RE: Sage All Hands Meeting - 10/19/21

    Posted 10-25-2021 15:16
    Ha!  My invitation for the Meeting on the 19th hit my Inbox at 1:35 this morning, on the 25th.  Odd....but my guess is that they just now sent some of the invites out, and mine was one of them.  Sure looks odd to see an email dated October 25th for something that happened on the 19th!

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    Sue Bennett
    Jack of All Trades, Master of 1
    Bennett/Porter & Associates, Inc.
    Tigard OR
    503.620.3484
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  • 13.  RE: Sage All Hands Meeting - 10/19/21

    Posted 10-20-2021 10:24
    Edited by Wayne Schulz 10-20-2021 10:27
    Link to recording / landing page -I was not able to successfully create an account. Maybe someone else will have better luck.

    UPDATE: After you register you need to receive two emails with the final one confirming your registration. After that I was able to login.

    https://events.sage.com/profile/form/index.cfm?PKformID=0x69408abcd#Welcome

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    Wayne Schulz
    Schulz Consulting
    860-516-8990
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  • 14.  RE: Sage All Hands Meeting - 10/19/21

    Posted 10-20-2021 10:47




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    Wayne Schulz
    Schulz Consulting
    860-516-8990
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  • 15.  RE: Sage All Hands Meeting - 10/19/21

    Posted 10-21-2021 14:10
    This was a very interesting Kick Off meeting in form and substance.  The slides above do represent the Sage overall mission and vision but the attack plan for FY22.  You combine this with Session 2 from Lee Perkins and it becomes even more "interesting."  The focus on the strategic priorities are scaling Sage Intacct and expanding medium beyond financials.   They recognize that "the competitors win more than we do." even though they have a digital demand engine and "micro-vertical" expertise.

    • I do believe that Sage expends a good deal of effort listening to the customer.  It seems that the listening was focused on were the Sage Intacct customers and heard that the CFOs love it.  Because this group loves it, they expect to be able to expand functionality and others will love it as well...
    • In building the "small business engine" the experiment began in the UK and was successful.  The UK is most likely the region where they are "most trusted." Use our cloud, add more data to our cloud, creating more desire to use our cloud servicesI am not certain that the flywheel will create momentum in a society that is becoming less trustful of everything

    "While the codes may differ, the needs of the Sage 50 customer across the world are pretty similar."   Although in concept I must agree with the sentiment, the delivery must be localized.  Sage 50 UK is not only different in code, but in market share and reputation.  The competition is also different by region..

    Bottom line from my perspective.  The investment go into Intacct, which is growing, but currently does not have scale, is the only truly native cloud product.  The goal is to use it to gather the information from the customer's data so they can use it to sell more Sage products.   All the mega technology companies are becoming the big brothers brokering our data and Sage is behind in both technology and scale.  The plan infers that Sage thinks it can play in the data space with the Sage ID by leveraging development partners to bring in more customers.  

    Aziz Benmalek tells us how in his session

    Innovate to win is "finding new routes to market and creating disruptive business models."   This is most likely picking strategic partners and going to market with fewer partners.  Will this disenfranchise existing partners or bring in more business?  The Amplify services is defined as offering the existing partners is more training and help hiring more to enable you to sell Sage Intacct and specific vertical solutions.  Scale Performance is about having our regional sales managers to help us by giving best practices and selling the cloud.  Have you heard this game plan before?

    In North America it is aligned as follows:
    Simplified:

    Sell Sage Intacct by vertical and move the existing Sage customers to the cloud.  Sell them more Sage and broader Sage to increase net promoter score and customer satisfaction while reducing churn.  The message is also similar, but what consistently seems to be missing is the understanding that the Sage partner is the grease that reduces friction and the glue between the barely integrated components.  The technology is not singular and the partner is critical.   Nancy T. recognized that there is friction between Sage and the partners.
    It is all about Intacct.  If you are not an Intacct partner, you "should" be a referral partner.  They recognize that there is low adoption of SPC as partners are not trained to be MSPs.  They are pushing strategic cloud partners because they pay Sage for each user.  

    In summary, the plan is about and for Sage and if it aligns well with your practice, Intacct vertical focus is where you can get real help from Sage if you have the correct connections.

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    Gary Feldman
    Cloud Evangelist
    I-Business Network, LLC
    Marietta GA
    6786270646 x224
    http://www.summithosting.com
    ------------------------------



  • 16.  RE: Sage All Hands Meeting - 10/19/21

    Posted 10-21-2021 14:57
    Where does the Sage Digital Network fit in that Aaron talks about? 

    It sounds like Sage thinks all their customers will have a Sage ID.
    I can buy that - Sage ID becomes your login to Sage.
    What gets me though is how the customers and suppliers and banks are going to figure into the Sage Digital Network.
    This isn't the first time I heard this concept ( remember Kelly talk about "the movement of money" )  and I still don't understand how it increases Sage shareholder value ( which is really at the top of the pyramid ).

    Sage has to be exceptionally worried to watch their larger partners appear as award winners on the Acumatica ( and other ) conference stages.
    This, in my opinion, is where Sage wins or loses the game.
    And Sage needs to win back mindshare from partners so that the first and second option a partner leads with on a new sale is Sage and Sage.


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    Wayne Schulz
    Schulz Consulting
    860-516-8990
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  • 17.  RE: Sage All Hands Meeting - 10/19/21

    Posted 10-22-2021 09:20
    Wayne & Gary - These are terrific reports. Thank you! I know that they take significant time to create.

    I agree that they have lots of work to do in partner relations. That said, I'm not sure I know what the partner landscape will look like in 5 or 10 years. I suspect that the capabilities of these new tech "anchors" (Intacct, Acumatica, et al) will further change the nature of partners needed to move customers into those environments.

    A key assumption in the Intacct strategy is that Sage will succeed in expanding its functionality significantly into inventory-centric roles and beyond. Related to that also is how Sage will manage relations with 3rd party enhancements. In the past, Sage hasn't been stellar in 3rd parties (always trying to milk them to be on a price list, then not supporting them), but I don't know how they would stack up against the performance of competitors such as Acumatica. 

    Because Sage is coming from behind, it's easy to obsess over functionality that Intacct must add. But we must also remember that the competition is adding to their functionality sets. Intacct now has an impressive feature set for financial firms; I will guess that this advantage over the competition will not last. Then where is Intacct's competitive edge? Everything that Sage has in their strategy slides is also being done by Acumatica and others. if Sage thinks they will gain cloud share at Acumatica's (and others) expense because of upgrading current Sage customers, they're smoking wackybacky - I am skeptical that existing Sage customers who are large enough to pay Intacct's pricing will be overly favorable to Intacct because of Sage's behavior towards them in the past. Sage is likely overestimating their likely success there.

    Acumatica touts the fact that the accounting application is built within a larger "platform," similar to salesforce's approach. I don't know if that will be a benefit to them or just neutral.

    Given Sage's erratic corporate behavior over the past 15 years towards products, partners, and customers any large partner would consider Sage as riskier than the alternatives. Wayne's insight about partners' lead products is significant. I think Sage is underestimating that task, too.

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    Jerry Norman
    At-Large BOD Member, 90 Minds
    Smartbridge Partners
    512.419.1444 x112
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  • 18.  RE: Sage All Hands Meeting - 10/19/21

    Posted 10-22-2021 10:00
    I trust all publishers to be transparent about the same...  For example, Acumatica was a "true cloud" product that could only run in a single tenant mode for the longest time and then as they moved to multi-tenancy had many issues with customizations in multi-tenancy.   I have not followed it in a while and would assume they overcame these issues.

    I also agree that Sage is not only likely overestimating their success, but Sage, like most publishers, overexaggerate their success.  Sage touted how great the rollout of SPC and other initiatives in FY21 for example.  I just wish they respected our intelligence more when making statements which, on the surface, do not match our experience.

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    Gary Feldman
    Cloud Evangelist
    I-Business Network, LLC
    Marietta GA
    6786270646 x224
    http://www.summithosting.com
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  • 19.  RE: Sage All Hands Meeting - 10/19/21

    Posted 10-22-2021 10:43
    Yep, it's hard (virtually impossible) for publishers to be completely transparent; there are reasons for this -- business and executive ego. But perceived history does matter. 

    Intacct still has a mixed channel. So does Epicor. Acumatica so far does not, but they've become quite controlling of their current partners. For reference, salesforce has NO commissioned partner channel -- all direct. To echo Wayne's long-time advice: don't build your business around publisher commissions -- it's pretty risky.

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    Jerry Norman
    At-Large BOD Member, 90 Minds
    Smartbridge Partners
    512.419.1444 x112
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  • 20.  RE: Sage All Hands Meeting - 10/19/21

    Posted 10-20-2021 11:17
    Edited by Wayne Schulz 10-20-2021 11:26

    There's a bit to unpack here.
    Essentially Sage is a company that - from my observation and opinion - has lost what I refer to as "first position" amongst many partners.
    What this means is that in many circumstances a Sage product is not what the partner group leads with on a new sale opportunity.
    This is a big big problem for Sage when it happens as it's not only taking money this year from Sage's pocket but Sage misses out on the recurring revenue.

    There's the concept of a Sage digital network ( Sage ID ) which Sage is suggesting and their ambition seems to be that it would include both Sage suppliers as well as their vendors/customers. It's unclear how willing either party will be to tie transactions into some type of Sage ID although I guess by virtue of running in a SaaS environment the transactions are already tied to the customer using Sage and it wouldn't be too hard to in turn tie them to their vendor/customers.



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    Wayne Schulz
    Schulz Consulting
    860-516-8990
    ------------------------------