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FINANCIAL EDGE NXT AVAILABLE

Mike Gianoni, Blackbaud Financial Edge NXT, the cloud version of its accounting line, has been made generally available by Blackbaud. The Charleston, S.C.-based nonprofit software company says there are 100 NFP customers already live on the system. The new accounting software package is the second product released in the NXT line—the first was the Raiser's Edge NXT, the cloud version of the Blackbaud fundraising line. FE NXT provides fund accounting with modules that include general ledger, projects, grants, endowments, accounts payable and receivable, fixed assets and banking.

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SAGE PICKS CHANNEL VP

Paige Erickson, Sage  Sage North America has named Paige Erickson as VP of partner strategy and programs  Erickson apparently fills the spot left vacant by Donald Deshaies, although the titles are not quite the same. At the rate at which the Sage channel is consolidating, that ought to be an easier job than it used to be on the reseller side. Erickson became SVP of business development at BillTrust in October 2014.

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SWK TO BUY OATES, MACABE, SHOWS PTI DATA

Mary Abdian, The Macabe AssociatesSWK Technologies has signed letters of intent to acquire Oates & Co., based in Greensboro, N.C., and The Macabe Associates, based in Seattle, Wash. Both are Sage and Acumatica resellers. SWK, a subsidiary of publicly held SilverSun Technologies, expects Oates to bring it about $2.4 million in annual revenue with Macabe to chip in another $1 million. As one observer noted, "It would be interesting to see how many independent Sage partners with $1 million to $3 million in revenues are left." 

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