An impairment charge of about $20.7 million contributed to a more than three-times increase in loss for Dynamics reseller Alithya for the year ended March 31. Paul Raymond, CEO of the Montreal, Que.-based company said this week the impact of the COVID-19 virus caused executives to look at intangibles and good will, including the reduction in the value of American trade names.

A majority of nonprofit organizations surveyed by BDO USA say the COVID-19 outbreak has spurred plans for technology spending. Sixty-four percent of 200 leaders surveyed in the Nonprofit Standards benchmarking service say they will invest in new products this year.

Oracle NetSuite has introduced a new Community Exchange marketplace this week. Designed to bring together suppliers and customers for items needed in fighting the pandemic, the exchange is in the first stage of operations in the United States.