Notes I got from this source gave the view  that AX and CRM "were fine" and that NAV, GP and SL were down, but that he did not know “how the overall picture was when you add them all together.” This falls in line with the belief that no matter what Microsoft has said publicly, Dynamics AX is the favorite child in the accounting software line and CRM, given its faster growth, has been in good favor for the last few years. SL should be particularly vulnerable with SL resellers turning their attention to cloud products. One long-time SL VAR says he took on Intacct and his sales were up 40 percent. I'm sure few, if any, dealers are getting that level of performance from on-premise sales of any of the products. It goes back to the basic fact that most businesses have an on-premise financial package, fewer have CRM and far fewer have a cloud package so there are far fewer potential new customers for traditional accounting software.