Bob Scott

Bob Scott

INTACCT’S REID SELLS SHARES  

Robert Reid, EVP and managing director of Sage Intacct has sold shares in the Sage Group for about $2 million in gross proceeds. Reid sold 351,555 shares which were acquired through the vesting of restricted shares.

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AVALARA: WAYFAIR NOT TOP DRIVER 

The Supreme Court’s Wayfair decision, which enables states to tax out-of-state sales, is important, but not the top business driver, Avalara executives said this week. The comments were made during this week’s webcast for earnings for the second quarter ended June 30.

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ACUMATICA DRIVES SWK REVS

Sales of Acumatica and third-party products drove increases in sales for reseller SWK Technologies for the second quarter ended June 30. That is an interpretation of results for SWK’s parent, SilverSun Technologies. SWK represents the overwhelming part of Silver Sun’s revenue.

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