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Patio11's Law: The software economy is bigger than you think

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Re: Patio11's Law: The software economy is bigger than you think

#441

Post by seunoyebode »

yellowapple wrote: post #325
ck_one wrote: post #176

Earlier quoted context omitted.

SAP is a German company so here everybody knows about it. There is even a startup strategy called "unbundling SAP" where you pick one feature of SAP, do it 10x better and target a smaller but still huge market. Examples for such companies are: Personio (500M valuation), Cellonis (2.5B valuation)

Sounds similar to the "unbundling Zapier" article that made its rounds here on HN a couple days ago. Definitely seems viable.

mind sharing a link of this article, can't seem to find it

Re: Patio11's Law: The software economy is bigger than you think

#442

Post by sroussey »

tomnipotent wrote: post #362
fovc wrote: post #88

Earlier quoted context omitted.

Coming from the opposite direction (mgmt consulting for big corps -> startup), I was very familiar with the ERP concept, but am still super confused by the ERP market. Every so often I look for an ERP for our company, but am always disappointed by the options. It seems there's an uncanny valley between Quickbooks and SAP, but maybe the issue is just one of discoverability. We've slowly stitched together an assortment…

Quickbooks will do you fine up to $100M in revenue or 8-10+ years in operation. When you cross either of those bridges, you should think about implementing a "real" ERP. But this doesn't happen until your team (accounting/finance/CEO/CFO) start running into roadblocks in either piecing together financial statements, or the month close process starts taking weeks of manual labor, or there's a HUGE accounting issue and…

Wait until you start accounting for stock compensation.

Re: Patio11's Law: The software economy is bigger than you think

#443

Post by eden_hazard »

badpun wrote: post #189
deng wrote: post #156

Earlier quoted context omitted.

I'm in Germany and of course everyone here has at least heard of SAP and knows it's huge, but I guess not many people know just how huge. SAP consultancy is a big market here with lots and lots of job openings. I knew a few people who did that, it's usually a very well paid job, but it's well paid because otherwise no one in his right mind would do it. From what I heard, it's incredibly boring while at the same time…

I've heard very similar things about being a SAP consultant here in Europe - basically, it sounds like a job for someone who: - understands technology, but is not a big fan of it - can communicate with clients - can handle stress well - is into salary maximization

A friend was telling me how they make over $200 an hour. For a job that doesn't require a technical chops of a fullstack dev, that sounds crazy to me but doable.

Re: Patio11's Law: The software economy is bigger than you think

#444

Post by tomnipotent »

jimnotgym wrote: post #388
tomnipotent wrote: post #362

Earlier quoted context omitted.

Quickbooks will do you fine up to $100M in revenue or 8-10+ years in operation. When you cross either of those bridges, you should think about implementing a "real" ERP. But this doesn't happen until your team (accounting/finance/CEO/CFO) start running into roadblocks in either piecing together financial statements, or the month close process starts taking weeks of manual labor, or there's a HUGE accounting issue and…

>Quickbooks will do you fine up to $100M in revenue or 8-10+ years in operation. When you cross either of those bridges, you should think about implementing a "real" ERP. I think that very much depends on what market you are in. Sure if you are a Saas, but not if you are a European distributor with stock in two countries with different currencies. Stock adds massive complexity. You might be reaching for a lower end E…

Stock in two countries is nothing that can't be managed by hand without an ERP. I know, because I've done it before.

You usually reach in inflection point where your manual process sans-ERP is costing the company real money, and the ability to make quick(er) decisions is hampered by your current process.

Re: Patio11's Law: The software economy is bigger than you think

#445

Post by lain_ »

seunoyebode wrote: post #441
yellowapple wrote: post #325

Earlier quoted context omitted.

Sounds similar to the "unbundling Zapier" article that made its rounds here on HN a couple days ago. Definitely seems viable.

mind sharing a link of this article, can't seem to find it

https://kamerontanseli.ghost.io/first-it-was-craiglist-next-... http://news.ycombinator.com/item?id=23126455
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