Blog

I've been lucky enough to be invited to speak at a few tech conferences and webinars recently.

It seems a good gauge of interest levels during any presentation these days, is by the number of people taking photos of individual slides! Most of mine are just images, however there's one part of my speech which constantly has people snapping away and talking to me about afterwards. I've also had emails thanking me for the tip too, which has surprised me.

Where the value of an invoice does not relate to revenue 100% earned in the period of the invoice, some degree of deferred revenue treatment is necessary. Without making a process separation between revenue recognition and cash-flow, period accounting will be incorrect and so misleading.

Worse, the effect of this at year end will lead to an overstatement of revenue, in turn driving the business to pay more corporation tax than is necessary.

Lastly, under ASC606, ensuring revenue is taken over the life of a contract is key to accounts compliance.

What is SAML?

SAML stands for Security Assertion Mark-up Language and is an open standard for managing the separation between the authentication of a user by a service provider and the identity provider that grants the assertion providing access right to the service.

While alternatives for Single Sign On (SSO) exist within an organisational domain (such as Microsoft Active Directory) and for consumer access (such as OAuth used by personal web applications), SAML is the preferred standard for creating a federated security access model for cloud (internet) business applications such as Service Desk, CRM and of course PSA.

Every business blog needs to find a reason to include a cat picture - everyone likes cats, right?

So here we go, a business blog featuring a cat in a box.

You may have heard of the 1930s thought-experiment called Schrödinger's cat.

If not, Schrödinger postulated that a cat in a closed box could either be alive or dead and the only way to determine the state of its health was to open the box and observe it.

Can you imagine how difficult and expensive it was marketing a business in the dark ages… the 1990s!

You were reliant on archaic tools like the Yellow Pages. And advertising in newspapers and magazines. Makes me shiver just to think of it.

We are smack bang in the middle of a communication and information revolution. It’s happening right now. It’s changing how people think, research, and make buying decisions.

For those who are not aware of this acronym, HIPAA stands for Health Insurance, Portability & Accountability Act. It is US legislation that addresses patient confidentiality and ensures your records can be moved between healthcare providers without hindrance.

If you provide services to the healthcare sector in the US, you will be aware of your responsibility to make that service provision HIPAA compliant.

Obviously, for software that deals with patient records this is a key requirement built in from day one. Similarly, cloud storage and backup solutions used by healthcare providers have clear responsibility to ensure patient records are protected by multi-level secure access controls.

Those of you who follow trends in service desk methodology will have heard of “intelligent swarm”.

For those of you who haven’t heard of it, this blog looks at the commonalities and differences between this methodology and Agile Service Delivery, the other current evolutionary trend which we have discussed in our blog on agile service delivery.

If effective and simple resource management is the Holy Grail of professional services automation (PSA) software, the ability to produce a revenue forecast worth reading must be the golden Unicorn’s horn.

Why is this so hard?

Well, first let us discuss what is meant by a revenue forecast and the many equally valid interpretations people place on this seemingly simple concept.

It may sound strange, on the blog of a PSA system, that we should ask this question. It turns out that while we live and breathe PSA functionality all day long, there remain many people who don’t know what one does and why they should buy one.

So, here goes, PSA 1/1...

Consulting and service organisations have an inherent need to provide their services in accordance with their quality management principles. Whether formally or informally, this is true of all such organisations.

At a certain point of scale, or in response to the provision of services to government bodies or large corporations, they will find it necessary to formalise such principles and ultimately to achieve ISO (International Standards Organisation) certification under ISO9001.