BobWScott

BobWScott

BILL.COM: ONLINE MODEL BIG HELP

The online business model of Bill.com is an important factor in its performance in face of the coronavirus crisis, CEO Rene Lacerte said this week. Lacerte made his comment in an earnings webcast. as the payments company reported results for the third quarter ended March 31.

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AVALARA: CLIENTS UP AND DOWN BALANCE

Avalara reduced its outlook for revenue for 2020 by 2 percent to 3 percent from the previous forecast because of the impact of the COVID-19 virus. But so far, the company says them impact on customers is roughly even between those spending more and those less for its indirect tax services.

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SOLVER EXPANDS IN EUROPE

Solver has launched operations in France and Central Europe. The company said this week the move will grow the European customer base by expanding the number of resellers in these countries.

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