This year’s purchase of Menlo Technologies and that of the Corporate Renaissance Group in June 2019 gave results a boost for Quisitive Technology Solutions for the second quarter ended June 30. Revenue hit $13.2 million for the recently ended period, more than three times the slightly more than $4 million a year ago. 

Cloud software vendor Xero has hired Jackeline Velez as director for the U.S. Hispanic market. Velez will lead a Hispanic team that will focus on providing education materials to Hispanic accountants and bookkeepers.

QAD eked out net income of $60,000 for the first quarter ended July 31. That compares to a net loss of $13.3 million in the first quarter of fiscal 2020.