Insightful Accountant: What’s Behind Qvinci V2?
“When I look at the many articles I have written about Qvinci I have used a lot of baseball terms to describe my pleasure with their products, things like ‘hit a home run’ or ‘hit another one out of the ballpark’. I recall a baseball-themed movie with the promo, “If you build it, they will come…” , well I find myself believing “If Qvinci builds it…we will want it”
So why does a highly successful product like Qvinci, which I myself once described as “having hit a home run out of the ball park…”, when it comes to insightful reporting and financial analysis, decide to redesign themselves? And not just in terms of a refreshed look, but a newly engineered interface that gives users the look and feel of Microsoft Excel even though it is pure Qvinci. Can you answer me that?
This past August 15th, Qvinci released their ‘V2’ (version 2) product which provides users with this new Excel-like interface packed full of features and capabilities. I wrote a short article about the debut of V2 based upon some preliminary information and a briefing I was given a few days before the Qvinci team started offering webinars on the new release. But I also found myself asking questions about “why would they make such a drastic change in a reporting tool that ‘was like nothing you had ever seen before’ (to use my own words when describing enhancements they had made in version 1 over the last couple of years)?”
A short time later I contacted Brad Adams, the CEO of Qvinci and requested a phone-conference with he and Charles Nagel, Qvinci’s Founder and CIO, so we could discuss the ‘rationale’ for the big changes behind Version 2. I also wanted to dive deeper into what makes the new interface ‘so Excel’ when it didn’t appear to actually be ‘Excel’. Of course I wasn’t really certain that either Brad or Charles would ‘share too much’ because you know major corporations do like to ‘keep their corporate and trade secrets’ but I thought I might be able to coax a few tidbits out of them.
In reality I was overwhelmed by the extent to which Charles and Brad not only welcomed my inquiries but responded to my inquisition. This feature is a summary of some of the information they provided along with my own commentary regarding the product as it was presented alongside our discussions.