Sage has launched a new CRM channel program. And you won't have details unless you read French and translation software does not make everything clear. But the fact that Sage has launched a channel anywhere should interest those U.S VARs who have concluded Sage is not channel friendly. We will ask if anywhere else is on slate other than France. The limited translation I got suggests the program is designed for obvious purposes—supporting customer needs and increasing partners something or another as the translation software did not generate a meaningful phrase and "to accelerate the sale and integration of cloud".

Blackbaud reported net income of $4.3 million for the first quarter ended March 31, an increase of 12.3 percent from $3.8 million a year earlier. Revenue for the first quarter of $150.5 million was 17.9-percent higher than the $127.6 million. In increased spending contributed to a 13. 6-percent drop in operating income. However, the bottom line was boosted by a 37.1-percent decrease in income tax expense. This week’s earnings webcast involved as much the transition to cloud products as it did more typical financial performance issues.

Xero has posted a letter with two appendices in response to a query by the Australian stock exchange about the recently reported loss for the year ended March 31. Xero's loss of about $54 million was 96 percent higher than in fiscal 2014. The cloud software company's revenue for 2015 was roughly $141 million, 81 percent higher than in the prior year. Also posted on the New Zealand Exchange's website, the Australian Exchange's question was whether a reasonable person would consider the increased loss as having a material impact on the price or value of its securities.