e-conomic’s mission statement is ambitious to say the least: to be the worldwide leader in our segment, with the e-conomic accounting system adapted to at least 12 countries in 2012 and more than 100,000 companies using it by the end of 2013.

But in the three years since I joined e-conomic, we have expanded into nine different countries, and are well on our way to surpassing our goals.

e-conomic Finland

One of the newest e-conomic countries is Finland, where in 2010 we introduced the e-conomic accounting system with full Swedish language capabilities – as there are more than 300,000 native Swedish speakers in Finland.

Now I am happy to share that the full e-conomic accounting application is also available in the Finnish language!

9 languages, endless possibilities

Finnish is the ninth language that the e-conomic online accounting system has been adapted to, contributing to e-conomic’s ranking position as an internationally accessible and multilingual accounting solution.

No matter where you are in the world, you can choose to work with e-conomic in any one of these nine languages – all the while maintaining the VAT codes and accounting principles of the country in which you do business.

Welcome - tervetuloa!

I would like to extend a warm tervetuloa to all of our Finnish language users – thank you for joining e-conomic!

Here’s to the next language… whatever it might be

Historically, companies within the same industry have fought against one another in order to gain more customers and a larger market share.

With the rise of cloud computing however, many companies within the software industry are learning that the opposite strategy is more effective:  by working together with companies within the same sector, you can collectively offer customers a much deeper and better solution, therefore giving your company an even better competitive advantage.

Software companies that once competed, now should join forces

Better for all parties

This new collaboration between business systems allows customers to pick and choose the right software systems for their needs and “mix” them together to create a system that’s best for them – as opposed to buying packaged software with many features that they may not use or want.

This in turn allows software companies to focus on further developing a specific software product at a very high quality and enabling it to be openly integrated with other systems.

Choosing collaborative systems

As I mentioned in my recent blog about cloud computing and its numerous advantages: when choosing a business system in the cloud, you should choose companies who offer open APIs – application programming interfaces.

This will allow the various business systems that you work with to collaborate through integration solutions that you can either develop in house or, more easily, purchase as a service.

Choosing collaborative systems in the cloud is truly the best way to get everything that you need, nothing more and nothing less – until of course you choose to open additional systems and modules as your company expands.

The way forward

It seems that as more and more customers discover the benefits of open software systems, the market will continue to open up to collaborative strategies.

Currently more than 200 app solutions have been built with e-conomic – which we know of – with payroll systems, online banks, scanners, mobile phones and more.  New solutions are being built all the time, and this convinces me that collaboration truly is the way forward.

What’s your opinion on the matter?  Is collaboration truly the new competition?

When I first came to e-conomic, I put up an ambitious mission statement for the online company.  Now with our current growth rates, we are coming closer and closer to our mission to reach 100,000 customers by the end of 2013 – but much hard work still lies ahead.

2011 e-commerce Awards

That’s just one reason why we were thrilled when our ambition and ongoing efforts were honored at the 2011 Danish e-commerce Awards this past weekend, where e-conomic was presented the award for the Best Business to Business e-commerce company!

The e-commerce Awards jury noted that e-conomic was chosen because of our significant and continuous growth, our international expansion, and our goals to make bookkeeping easy, effective and even fun!

Tejn Vanting Nielsen, Country Manager Denmark, accepting the 2011 e-commerce B2B Award

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Cloud based computing is here to stay – you heard it here first!

Okay, perhaps you’ve already heard this statement elsewhere – in fact, you’ve likely been bombarded with hundreds of reasons why cloud computing is indeed the way forward, and why it will continue to expand across the competitive landscape.

As cloud computing continues growing very quickly in all areas of software distribution, it’s no wonder that the “trendy” term is surrounded by excessive hype.

Data “in the cloud” can be accessed by users from anywhere at anytime

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