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Microsoft has previewed Project Madeira, which introduces accounting within Office 365. Madeira, a code name, targets businesses with roughly 10 to 99 employees. The company says the cloud-based product, which does not have a public release date, will not compete with its Dynamics software products.
This company last week previewed the product in a conference call, conducted by Errol Schoenfish, director of product marketing. Microsoft describes the software this way, "Project Madeira offers an embedded experience within Office 365 so you can create customers, vendors, quotes, and invoices without leaving Outlook."
Madeira is a multi-tenant SaaS-based product running on the company's Azure platform. Microsoft says Madeira will be a global product and is hiring development staff in Fargo, N.D., and Denmark.
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards. Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that. A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind