BobWScott

BobWScott

PHOCAS NAMES BOORMAN CFO

 Phocas Software has as named David Boorman as CFO. The Australia-based software company said Boorman, who joined the company in October 2019, managed Phocas’ fund round of about $34 million (AU $45 million), which closed in April.

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AVALARA TO STAY ON M&A TRAIL

Avalara will continue to invest in acquisitions this year, CFO Ross Tennenbaum said this week. Tennenbaum made the comment as the sales tax company published guidance for the rest of. 2021 during a webcast for earnings for the first quarter ended March 31.

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BILL.COM BUYING DIVVY FOR $2.5B

As it announced a revenue increase of 44.9 percent for the third quarter ended March 31, payments vendor Bill.com also said it will acquire Divvy. Divvy offers expense management and budgeting software, combined with smart corporate cards.

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