Business Services Industry
SMALL BUSINESS: Crunching numbers via the Internet; As on-line services vie with popular Quickbooks, firms must determine fit.(Brief Article)
Crain's New York Business, May, 2000 by cleaver, joanne
Sitting in his hotel room in Buenos Aires, Tom Coughlan fretted over how his freelancers would get paid. The president of Open Door Technology Inc., a Stamford-based producer of high-tech corporate presentations, had just wrapped up a complex project for a client involving several freelance designers.
Mr. Coughlan wouldn't be back in his office for several weeks, but he didn't want the designers to have to wait that long to get paid. They didn't have to. Mr. Coughlan dialed into Netledger. com, an on-line application service provider, or ASP, that hosts Open Door's accounting records, from daily income statements to tax records. Via modem from Buenos Aires, he processed the invoices for the freelancers and, right from the site, e-mailed them to the client....
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