Pennies for Taylor

 

In case you missed it, my friend, co-presenter, MS MVP, GP Lifehacker, and all around good guy Shawn Dorward’ son Taylor was involved in a near-drowning accident. Taylor survived through some heroic efforts but has a long road back to recovery.

At the GP Tech conference last week, David Musgrave of Winthrop Development Consultants offered to donate 10% of his sales through 9/30 to help pay Taylor’s medical bills. Kevin Rasmussen of Ethotech is matching that offer. I going to join in with the same offer. 10% of any sales of Historical Excel Reporting between now and September 30 will get donated toward Taylor’s medical bills.

David Musgrave has a longer post with more details on Taylor, including a great video from Belinda Allen. Make sure to check out David’s post at:

#GPPT #BPST PLEASE READ: Special promotion for Pennies for Taylor

 

ACH Fraud: Steve Endow had a rough couple of days

Steve Endow had a rough couple of and he details the experience in: My Experience with ACH Fraud: My bank account was empty in 3 days

I don’t completely agree with Steve’s final conclusions. There are some things you can do to reduce ACH fraud risk including using variations on positive pay. However, I totally get that it might not be cost effective for smaller businesses. Also to Steve’s point, banks are swapping risk for efficiency and that ROI calculation may increase some types of fraud.

For example, a small business owner I know was recently told that his large bank doesn’t support 2 signatures required on checking accounts for amounts over a certain threshold. I’m still convinced that isn’t true, but 2 signatures increases liability to the bank. If they miss a fraudulent check with only 1 signature it’s their fault, so I suspect they want to discourage it. It’s also ineffecient from their point of view. A human has to look at it. It cheaper to let stuff go through and pay out for fraud, or have an algorithm that occasionally blocks legitimate transactions than to have a person actually do reviews up front.

 

Friday Fun Quotes – Slick Willie

I stumbled across something I’d written a long time ago and never published. I think it’s funny enough to warrant a short series of Friday Fun posts. In this world of fake news, I’ve realized that many famous quotes are actually incorrect. I’ve corrected these quotes to properly reflect Dynamics GP or it’s predecessor Great Plains.

Since these incorrect quotes have been repeated enough that everyone believes them, this series will probably offend somebody. That’s fine, just keep it to yourself and be offended quietly. Also, consider these quotes copyrighted, since I made dug them up. If you want them on a t-shirt, mug, or something else, that’s an option for some of the quotes. Check out the store. 

It’s back to Presidents today. They are just so quotable.

“It’s about Dynamics GP stupid” – Bill Clinton

When Bill uttered this line people were aghast. It was considered insulting to publicly call the President stupid. (At the time, the President was George H.W. Bush, #41 for those of you unfamiliar with the naming convention of Bush Presidents.)  The line was intended to show that the President was out of touch and it may have been a deciding factor in the election. Funny thing is, you could quote this line back to Microsoft every couple of years and it would still be relevant.

Don’t Believe All The Microsoft Sales Hype

David Musgrave says Don’t Believe All The Microsoft Sales Hype

I say that the ERP market, and the mid-market in particular, is a mess right now. For customers, if you’re even marginally happy with what you’ve got, keeping it and making targeted improvements is your best bet.

Microsoft’s cloud products are still pretty immature, Netsuite is figuring what its acquisition by Oracle means. Intacct is working through its acquisition by Sage. There’s more going on in the market, but that’s enough to make any market messy.

For partners of any ERP system, my advice hasn’t changed, ever. You’re running a business. Run it like a business. No ERP vendor is going to coddle you or ensure that you make money. Pay attention to the marketplace and adjust as necessary to keep your business running.