Saasu GLOBAL went live at 7:00pm June30 Sydney EST.
Turn it on, try it out for free. - Sign in to Saasu and go to the file that you want to have multi-currency enabled for. Then goto Settings » Multi-currency » and tick the "turn on multi-currency for my file" option. Repeat this for each file you would like to have this feature.
Soon Saasu will let you have different files in the same Subscription. You will be able to add free files for those pesky little entities that don’t do many transactions but still need to be accounted for. You will be able to have FREE, PRO, GLOBAL and CORPORATE files all in the same subscription.
Get it permanently - If you want to keep using this feature in coming weeks you will be asked to upgrade to our new plan called GLOBAL. Saasu is offering GLOBAL at what we refer to as Extreme Value. This is where we aim to offer our products and services at half the price of other products with similar features in the market. For more details about Saasu plans see our updated pricing page.
What can you do with Saasu Global?
- Run and operate foreign currency Accounts.
- Create Sales and Purchases in a foreign currency.
- Apply payments in foreign and local currency.
- Automatically source Foreign Exchange (FX) rates daily.
- Foreign currency Payables and Receivables.
- Foreign currency Gain and Loss Accounting.
Saasu Global uses a design and engineering approach we call "full display mode". Full display mode is when we display all information rather than hiding something from our customer in a hover, click, pop-up or dialog box. Sometimes things need to be hidden because the noise and complexity created by not hiding it exceeds the speed of access and information availability benefits.
Full display mode is great for accessibility and in general for facilitating an aspect of the speeding up the web movement.
The new foreign exchange (FX) currency converter in Saasu that we have built (shown below) uses this approach. You can see FX rates in both directions in transactions, enter rates yourself in either direction or load a feed rate from a feed source. In this case xe.com.
We hope you like it.
LEFT: Automatic - tick the xe.com to load FX rates
RIGHT: Manual - type the FX rate
Saasu Global
Saasu’s new multi-currency online accounting product is about to be released out of client/internal review shortly. It’s been a long wait we acknowledge but quality and complexity have a price. The new product is called Saasu GLOBAL and will price at $35 p/mth or $385 p.a. (customers receive a one month discount when you pay for a year). To upgrade or subscribe to GLOBAL Online Accounting after it goes live just choose a plan option called GLOBAL. See our new pricing plans for detailed information.
Free Files to be allowed on Paid subscriptions
Saasu is also going to allow free files to be attached to your subscription for small entities with small transaction volumes. We previously charged for or asked customers to setup a separate free account. Create a service ticket to have your free files merged into your paid subscription. The transaction limit of 15 transactions remains as the test of a free file.
Price changes
The Saasu PRO plan price will increase slightly to $275 from $236 to allow for the above free file changes.
Existing customers renewing before 31st July 2009 can receive a subscription extension of two months to allow for the product and pricing changes. Use Voucher Code: NEWPRICE2009
The Saasu Corporate plan will reduce to $95 a month from $165 due to data storage/transfer cost changes.
Transaction limits to be replaced with storage quota’s
Saasu already made a major industry change when we decided to allow users to be freely added instead of charging user licenses. Saasu is now also moving to tracking Storage and Transfer rather than Transaction, Contact and other limits often associated with software and other web applications.
You will soon see storage usage numbers much like you see in popular webmail services like Google’s Gmail. In essence you will be able to do a lot more before hitting limits. Historically data storage and transfer costs reduce overtime so we hope to pass savings on where we can through increased capacity. Saasu wants to take advantage of the industries constant improvement in these areas for the benefit of customers.
Yesterday I was trying to think of a name for a min-release with lots of little goodies in it. As it happened, I caught up with Peter one of our main investors from CooperSydney. It reminded me of an expression he had for those little things a application development company can do that make a web application like Saasu pleasing to use. He calls them "tidbits"
Tidbit
Noun
1. Delicate morsel or bit of food.
2. Pleasing bit of anything, as in news or gossip.
Gary Barber (a customer, AWIA colleague and an all round web nice-guy) is a web usability expert from Radharc. Gary reminded me late last year about the importance of the little things in customer experience. Quite often we have to get major features out and we can’t attend to every single customer experience detail perfectly due to time and resource constraints. Our usual approach is to come back in a second and sometimes third time to change our approach for the better. We also have the advantage of good customer feedback to work with. In our business how we build things, even small differences, can mean a lot to our customers. So here’s a few new "tidbits"
Tidbit features released
- The Bank Reconciliation now recalls your last reconciled date for you when you load it.
- You can now print Activities. Note you need to save it before the print option becomes available.
- The Dashboard refreshes automatically when you sign-in each day.
- Duplicate Purchase invoice number warnings. To help prevent accidental double capture of transactions.
- Improvements to the General Ledger and Tax Report performance. Some customers were getting a timeout error when running it during our busy periods. There are more performance enhancements coming for these reports.
- API users can now recall Last Modified and Deleted for period to assist in syncing tasks with other systems. See our SaaSbay for a list of other web applications and software connected to Saasu.
- API users can now assign a shipping contact via the API to an invoice.
- Iceland consumption tax rates are now supported.
We released the first set of multi-currency features into Saasu on the 1st of May for preview by partners and customers. Some changes will occur before the release goes live next week. Let us know if you have any feedback.
The top 3 multi-currency features you asked to be added to our online accounting engine were:
- Run and operate Foreign Currency Accounts.
- Create Sales and Purchases in a foreign currency and apply payment in your base currency.
- Create Sales and Purchases in a foreign currency and apply payment in a foreign currency.
Our live outage report is available at pingdom. Outages last month were for:
- upgrades and updates to the Saasu online accounting application.
Bank feeds are coming to Saasu but not just yet. We strategically delayed late last November after learning that Yodlee, a bank feed provider, was starting to add banks that we needed connections to. This could save us a lot of time and money, something which translates into a lower cost Saasu online accounting service for our customers.
Yodlee is an interesting company who specialises in supplying bank data feeds (permissioned read-only) to companies like Saasu. In short our customers will be able to give us approval to feed their bank data into Saasu.
Yodlee support over 9,000 banks and credit card companies. If Saasu attempted to connect to the volume of banks that we need to directly using our own resources then the price we would have to sell subscriptions at would be higher. We are realistic about what small and micro business want to pay for their accounting service so if this feature can be enabled cheaply then we will provide it.
Recently Yodlee had ANZ bank connected so it’s only a matter of time before other non US banks fall under Yodlee’s wing. Saasu will start providing bank feeds as soon as the service can be offered at the right price for small and micro businesses. In the mean time it takes about 3 minutes to transfer a CSV file from your bank and load it into Saasu. It’s very simple once you have have had a go at it once.
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