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From: XS11E on 12 Feb 2010 15:45
CSM1 <nomail(a)nomoremail.com> wrote:

> http://www.peachtree.com/

> As far as I know, it is geared for business, rather than personal
> finances.

At $200 for a single user license I'd have to agree!

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From: Mr.Jan on 13 Feb 2010 09:02
On Feb 12, 8:28 pm, "John Pollard" <8plus7...(a)gmail.com> wrote:
> Notan wrote:
> > On 2/12/2010 9:26 AM, John Pollard wrote:
> >> Notan wrote:
>
> >>> Over the years, Intuit has established a relationship with many
> >>> Financial Institutions. Until they (Intuit) open their proprietary
> >>> file system to others (which won't happen), or FIs allow new
> >>> companies to access their records, I doubt there will be any serious
> >>> competition.
>
> >> Establishing business relationships is one of the things a business
> >> needs to do; but existing business relationships with one company
> >> don't prevent new business relationships with another company ... if
> >> they did, the first company with a given product/service would be
> >> the only company with that product/service.  Money and Mint, to name
> >> but two, were able to get data from many (most?) of the same
> >> businesses that Quicken gets data from ... after Quicken had
> >> established relationships with those businesses. You can pickup a
> >> script off the web today, for free, that (with
> >> possible, relatively minor, modifications) will allow you to pull
> >> (in a One Step Update manner) transaction data from your financial
> >> institutions in OFX format ... suitable for importing into Money
> >> (format-wise, it is suitable for importing into Quicken; but for the
> >> Quicken requirement that the data be from a verifiable Quicken
> >> "partner", I believe it would import successfully into Quicken).  No
> >> need to establish any new business relationships, nor to know
> >> Money's proprietary file structure.
> > Money has been discontinued.
>
> While there will be no new Money product, the existing product will
> continue to work.  And it will continue to be able to import OFX files.
>
> > Mint is a read-only service.
>
> I fail to see how that matters to your original point.  Mint is (or was) a
> Quicken competitor ... and it became a competitor while Quicken had its
> "established business relationships" ... as did Money.
>
> > I don't see either of these as substitute for Quicken.
>
> Neither do I; I think you missed my point.  Which is that established
> business relationships and proprietary file formats are not what prevent
> competitors from entering the market ... or from being able to provide the
> basics that those two "advantages" presume to provide.  Those are not the
> significant factors in being able to provide meaningful, successful,
> competition.
>
> > I also don't see anyone else with the relationship Intuit
> > has established with FIs. (Most of my FIs have Help Desks,
> > with one of the options being "if you're having trouble
> > with Quicken or MS Money...")
>
> I see no evidence that no one else can establish such relationships. Your
> own commet confirms what I said, since you note that Money, a latecomer,
> was also able to establish such a relationship with the fi's.  But a ton
> of Quicken users have reported getting little or no help from their
> financial institutions ... surprise.  Money users have also reported such
> problems.
>
> I suspect you haven't paid close attention to what many Quicken/Money
> complainants have been saying.  It's no accident that both Intuit and
> Microsoft have made very similar comments about the problems they are (or
> were) facing, trying to satisfy current, and potential future, customers.
>
> > I'd love to see a Quicken substitute, without Intuit-like arrogance.
>
> Pretending that such "arrogance" exists, insures that those who believe
> it, will never understand what's really happening.  It's the "blame
> someone else" syndrome; instead of coming to grips with having reasonable
> expectations.
>
> Just like the Money users were flabbergasted that Microsoft decided it was
> not economically feasible to satisfy their irrational desires (and also
> made the same mistaken comment, that MS was being arrogant) ... Intuit
> will likely come to the same conclusion (if they have not done so
> already).  Not because they're arrogant ... because they are in business
> to make a profit.  Profits which: pay the salaries of their employees
> (most people understand the importance of having jobs ... too few
> understand what it takes to create and keep those jobs), support the price
> of the company stock for many folks' retirement nest eggs (most of whom do
> not work for the company or even use its products), and which help to
> insure that there will be an ongoing product for those customers who like
> the product (and who could care less about the personality of the
> individuals in the company that makes the product).
>
> Neither Intuit, nor Microsoft, is exhibiting arrogance; they are
> exhibiting an understanding of the marketplace ... since they are not in
> business to lose money just to prove to the uninformed that they "care".
>
> --
>
> John Pollard
> news://<YOUR-NNTP-NEWSERVER-HERE>/alt.comp.software.financial.quicken
> Your source of user-to-user Quicken help

John: I heartily agree with your comments. If you have the best
product on the market, you can dictate some things but software is
notoriously easy to reverse-engineer so arrogance is a luxury few
software companies can afford for long. Even mighty MicroSoft learned
that lesson when the barriers to entry started to come down. I keep
trying Mint, Yodlee, and Geezeo for my financial needs and find each
of them to be way too basic. I have hopes that Quicken will use the
Mint platform to move the Quicken functionality to a web based
application. It certainly looks like that is their goal. I shall miss
my desktop Quicken instance but I also miss my floppy drive and typing
in all my command prompts instead of using a mouse. Ah, the good old
days.
From: Notan on 14 Feb 2010 14:28
On 2/12/2010 1:45 PM, XS11E wrote:
> CSM1<nomail(a)nomoremail.com> wrote:
>
>> http://www.peachtree.com/
>
>> As far as I know, it is geared for business, rather than personal
>> finances.
>
> At $200 for a single user license I'd have to agree!

Staples is advertising Peachtree Pro 2010 for $49.99 ($150 off).

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