News and Analysis

News and Analysis (10100)

AVALARA ENTERS PROPERTY TAX BIZ

Avalara has entered the property tax compliance business with the acquisition of CrowdReason.The sales-and-use tax company also purchased a valuation advisory services business from CorrelationAdvisors as part of the deal.

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GADBOIS LEAVES ACUMATICA

 Jessica Gadbois, who has been a fixture at Acumatica product announcements, has taken a job with Synergy Resources. She has become the Acumatica Practice Director at Synergy, a reseller that emploes about 100 individuals.

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RSM: EXECS ESG AWARENESS GROWS

An increasing number of middle-market executives are familiar with environmental, social and governance) issues and have adopted formal ESG plans. This was the finding of the recently released RSM US Middle Market Business Index ESG Special Report.

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AKERNA BUYS 365 CANNABIS

Akerna, which is out to consolidate the cannabis software business, has acquired 365 Cannabis for $17 million. Akerna has also raised $20 million this month through the sale of convertible debentures to its existing institutional investors.

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PAYA HIRES TWO CXO EXECS

Payments company Paya has hired two senior executives. The company said this month is has named Michele Shepard as chief commercial officer and Balaji Devarasetty as chief technology.

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SAP REVS UP 5 PERCENT; CLOUD 20 PERCENT

SAP says revenue for the third quarter ended September 30 reached about $7.93 billion, a 5-percent increase over last year’s corresponding  period. The number are preliminary with final results to be released on October 21.

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SYSPRO NAMES GLOBAL CHANNEL EXEC

Syspro has hired Michael Bennett as global channel executive. In a prepared statement, Sandra Fraga, chief sales and marketing officer, gave a broad view of the manufacturing software company's plans and Bennett's role. 

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MICROSOFT’S FITZHENRY RETIRES

 Pat Fitzhenry has retired from his position at Microsoft after 41 years in the software business. Fitzhenry entered the accounting software mid-market when he joined the former Solomon Software in 1987, where he was SVP of sales and marketing.

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TWO SAGE VPS DEPART

Two Sage VPs are leaving the company in a sign of continued change as Sage merges the historical Sage North America side with Sage Intacct, The departees are Chris Rose, SVP of sales and customer success, and Chris Smith, VP of the construction business.

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RESELLING VET ELDRIDGE JOINS ACE MICRO

Reselling veteran Ken Eldridge has joined Atlanta, Ga.-based Ace Microtechnology. Eldridge, based in Massachusetts, has become the reseller's Dynamics 365 CRM Practice Director.

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