From the Dec. 2006 Issue
In a continuing effort to educate my readers on the upcoming new software blitz
coming out of Redmond, a.k.a. Microsoft land, I wanted to include some information
on another of the components of the Office 2007 Suite now in Beta 2, but expected
to release before the end of 2006. So by the time you are reading this, it may
be available. Groove Networks, the brain-child of Ray Ozzie, whom you may remember
as a co-creator of Lotus Notes, was acquired by Microsoft about a year and a
half ago. Ozzie became a ‘chief technical officer’ reporting directly
to Bill Gates. Enough history; let’s dive into what Groove is and how
it might apply to accountants.
First, let’s review a few of the reasons Groove might benefit your practice:
No IT department required. Groove is just desktop software. It’s a single
installation and begins to work as advertised with what you already have. The
only real requirement is a PC and an Internet connection. Well, okay, you may
need an IT department to get that set up, but I suspect most of you have already
crossed that bridge. The point is that you don’t need to worry about servers,
firewalls, network security or VPNs.
- Share files, manage projects and hold virtual meetings all from within
virtual workspaces. Anyone with the Groove software becomes your workspace
‘partners,’ including staff, clients, suppliers and contractors.
With these synchronized virtual workspaces, you don’t have to worry
any longer about file-size restrictions or working off the wrong version.
- You don’t have to have an Internet connection to work. Just remember
that you’re working offline, and changes won’t synchronize until
the connection is restored. But if you have to take the laptop to the beach,
you can still get some work done.
- Who’s home? Groove gives presence information so you can see which
of your workspace partners are available, in another room or in another country.
You will see if they’re online, what they’re working on, and you’ll
get notified when things change. This means you’ll send fewer “are
you there?” e-mails or IMs.
- Pre-built solutions. Groove has a number of pre-built solutions to manage
your projects. And if the canned solutions don’t work, you can build
your own without software development skills.
So how might this work in an accounting practice? Well, in these modern times,
you probably do less of the detail work for your clients and more of the review,
adjustment and management consulting work. For the most part, clients are finding
their own solutions to get the data processed in some accounting software. QuickBooks
leads the way here, but at some point they have to get those QuickBooks data
files to you so you can review and adjust, do the financial statements and tax
returns, and help them make sound financial decisions.
What is the method you use to get those mostly large data files from your
client’s location to yours? And what can your client do while you have
the files? The troubling answer most likely is that your client puts the data
files on a disk and snail mails it to you. And while you’re making the
adjustments, the client puts further accounting entries on hold.
So you’re probably thinking that if this Groove technology really works
as advertised, you can load Groove on your desktop and convince your clients
to do the same so that the QuickBooks data files placed in your shared workspace
will always be synchronized and large files will transfer quickly and securely.
Quickly because once the file is present in both locations, only the changes
have to go across the wire. And securely because Groove uses 192-bit encryption
to move these changes back and forth across the public network. This level of
encryption is used by the government, and, while it isn’t the best, it
is above average and it is at a level at which you can feel comfortable.
What if your client won’t fork out the dollars for their copy of Groove?
That’s easy. You should buy it for them and install it for nothing. Why?
Because you’ll be more efficient in the future, and you will recapture
the costs of the solution through this increase in efficiency. One small firm
practitioner did just this and reported the following benefits:
- 15 percent increase in service requests
- Increased productivity
- More clients, same staff
- Virtual “awareness”
- Greater employee satisfaction
If you can’t wait for the Office 2007 version of Groove, you can still
get a trial version any time from the Groove website at www.groove.net.
Consider how this technology solution might make your life a little easier,
which is what technology is supposed to do. And, like the Emperor, you might
find yourself with a new Groove, as well.
Mr. Goodfellow is a partner of BKR Fordham Goodfellow, LLP, and manages
its wholly owned subsidiary One Tech, LLC. He can be reached at 503-648-8523