Hi 82P, Yes the language has certainly tightened up, for the better, though still leaves things up to interpretation, hence my thoughts on the matter. I like your interpretation, and still, I wonder why SPX cannot say things in that fashion. Really no need for the fancy convoluted intellectual wording, just factual will do.
I also like your take on who will take this up – As you said, this can save time for the smaller members – But I humbly disagree that they will see the benefit over what they already do, simply because they will have to spend a ‘session’ or 3 on manually entering everything – yes only once if everything goes to plan – but they already will have in place their own method of accounting and invoicing etc. and to change will be viewed as more work, at least initially IMO and the software does NOT leave one free to not check and double check things – I agree it will make things far easier. But no different to the CRO offering I was originally enthusiastic about back in the day
I used to reconcile accounts every Friday and it was a pain and time consuming, and I think that SPX (CRO) was onto something – BUT if there is a mistake it will still fall back onto ‘me’ (If you know what I mean) as you cannot blame software if you have signed off on something. So IMO smaller businesses will have a bit of a benefit but not game changing, so why add an expense of $1,200.00 per year (Approx)
Just IMO only
Cheers, and thanks for the conversational and rational response rather than the rabid ‘Troll, troll you are a troll’ calls I usually get
Cheers,
Ballsup – by name and nature IMO, NFA and as usual NFI
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