The profile article of the new ALC CEO, Laura Schultz, indicates a new direction at the company, but I’m not sure what that direction is. Here’s why:
1. ACL tweeted that Schultz is “fiercely determined” (see below), and in the profile, she talks about being “hell-bent” and “extreme” and taking vacations that involve “starving” and “afraid”. This is not your grandmother’s CEO, and maybe that’s the point. Either way, it doesn’t give me any comfort.
2. The new tone at the top wasn’t reflected in the picture that accompanied the article. Or was the picture of Schultz sitting in a chair supposed to balance out the fierce, hell-bentness? Based on the tweet, I was expecting a standing, in-your-face, Larry-Ellison-style pic.
3. I hope the new direction means that ACL will become easier to use, not more fierce. The company should focus on improving its core product, ACL, and not so much on new products or purchases like Acerno and ACL workpapers.
I’ve already done an extensive review of ACL Acerno (I’d pass on it). As for reviewing ACL workpapers, I have a hung jury at this point, but mostly because most of them went out for a smoke, delaying the final vote.
In either case, Acerno and ACL workpapers seem to have taken the focus off of ACL’s core product. I understand that the company wants to diversify the income stream, but you have a great product that still need a lot of work before it really goes mainstream.
If a dress needs a new zipper, why should I buy a matching purse and scarf?
Sure the Fortune 500 and the Big 4 use it, but not really like they should. Everyone knows that. Those who do use it have a small handful of people who do the bulk of the analysis.
ACL could gain wider usage, but the user interface is still clunky, the product is too hard to use, needs better help files, can’t document itself (what manager is going to read through an ACL log?), and takes too much time. If the company is concerned about why more people don’t use ACL, why does it focus so much on other products?
ACL 9.3 brings some improvements, but really, wrap-around scripting, numbered lines, and color-coded commands should have been a fixture years ago. Seriously, ACL is waving these improvements to scripting as their great upgrade banner? See this ACL blog entry, which quotes a happy customer.
That’s like someone trying to sell you a house that just had a new roof installed. Houses are SUPPOSED to have roofs that don’t leak! Or closer to home, that’s like an IT department that has 10 high-risk audit issues throwing a party because they closed 2 of them, trumpeting how much they’ve improved since last year.
4. I’m starting to hear about more people using IDEA. Very interesting.
5. The word on the spreadsheet is that an easier-to-use, state-of-the-art competition for the data analytics crown can now be marketed to auditors (Arbutus). A real competitor who listens to users. And ACL is focusing on other products?
Having said all that, I still love ACL software and still use it. But ACL needs to stop taking so many of us for granted. Not all users have their careers so invested in ACL that they won’t step out the back, Jack.
What’s your take? Is ACL doing enough to make analytics easier? Is it listening to its users? Are you looking at other analytic software?