Over the years the subscription model has been very popular and pushed more & more by businesses. It all started with software manufacturers and was turned into a super-model by Bill Gates with his Microsoft Windows and other assorted software.
Now with “cloud” based services coming online & easier to use by the mainstream there is even more subscription services coming online every day. My latest favourite is a FREE (as in beer) model which works on an unusual affiliation/advertising model. The company is Wave Accounting and they offer their product for free but have some small amount of advertising on their page with offers that are suitable for small businesses.
It is a unique model, used successfully for a lot of other services but this is the first time I have seen a “premium” style service (accounting software) utilise this model.
Having currently looked at a number of different software for accounting, including
- XERO which I currently have an account on but will probably be cancelling shortly;
- FreshBooks which integrated beautifully with both systems but I found works better with Wave (funnily enough a free service appears to be better with this than a paid service) & has a great API system;
- Saasu which I will re-look at shortly but will probably not use due to it being quite large & I like the KISS method myself.
Overall I find that there is so many different systems out there that there is much research to be done. I went with one based on what I heard from others but now may be changing shortly.