News and Analysis (15671)
INFOR PREVIEWS 2Q GROWTH
- Tuesday, 10 December 2013
- News and Analysis
- Written by PMG Admin
Pro forma software license growth for the second quarter ended November 30 is expected to be 8 percent to 9 percent greater than last year, Infor said this week. The software company made the statement in an SEC filing, reporting that CEO Charles Phillips had issued the guidance in a conference call with banks and financial institutions that are existing or potential lenders. Phillips also said GAAP license revenue for the most recently end period is expected to be 11 percent to 12 percent higher than a year earlier.
RANDOM THOUGHTS: KIM AND KANYE
- Friday, 06 December 2013
- News and Analysis
- Written by mark
There was a lot of wind for Macy's Thanksgiving Day Parade, but fortunately not too much so the crowd was able to see the always-poplar balloons. The Kim Kardashian/Kanye West balloon still flew, but many members of the crowd had to be treated for acute disgust. Speaking of Kim and Kanye, if you've seen their recent video, there hasn't be such dangerous action recorded on a bike since "Easy Rider."
EXACT INTROS PROJECT APP
- Friday, 06 December 2013
- News and Analysis
- Written by PMG Admin
Exact Online Project Management has been introduced in the Netherlands. And while there's no word on a possible debut in the United States, Exact says the product will hit Belgium and the United Kingdom in the first quarter and Germany, the second quarter of 2014. Exact Online made its official entrance into this country in November, although a limited release version was available during the summer.
ACUMATICA TOUTS VAR SIGNINGS
- Friday, 06 December 2013
- News and Analysis
- Written by mark
Cloud vendor Acumatica says it has signed 50 resellers worldwide since August. The emphasis should be on worldwide since there are only a handful of VARs from the United States in the new crop and the biggest one in the bunch, SWK Technologies, was previously announced. Among the other American enlistees announced this week is Business Computer Associates, led by Mario Rodriguez, which is based in the Miami-Fort Lauderdale, Fla., area.
SAGE ONE EXTRA TO U.S. IN 2014
- Friday, 06 December 2013
- News and Analysis
- Written by mark
Sage will bring Sage One Accounts Extra, the more robust version of its low-cost cloud accounting system, to the United States next year. Chief Executive Guy Berruyer said this week during an earnings webcast that the product will this country next summer, although he hedged that it could go one or two months beyond that. Berruyer noted that development for the launch of the product, which is designed for companies with five to 25 employees, has been given a priority for the U.S.
SAGE NORTH AMERICAN BIZ UP 6 PERCENT
- Thursday, 05 December 2013
- News and Analysis
- Written by mark
Sage says organic revenue grew by 6 percent for its North American operations for the year ended September 30. That's up considerably from the 2-percent increase reported for fiscal 2012. Don't look for exact numbers for the continent or the United States in the parent company report as those are contained in results for the Americas. For the hemisphere, EBITA was roughly $188.4 million, up 7 percent from the prior year, while Americas revenue was $734.2 million, an 8-percent rise.
SAGE OPENS ACCOUNTANT BUSINESS CLOUD
- Tuesday, 03 December 2013
- News and Analysis
- Written by mark
Sage has launched the Accountants Business Cloud in the United Kingdom. And the immediate question is whether this will be coming to a United States near you soon. An inquiry to public relations drew the following basis "they are currently exploring what elements of the Accountants Business Cloud would make sense to leverage for the North American accountant business."
INTUIT CEO'S PAY FLAT IN 2013
- Monday, 02 December 2013
- News and Analysis
- Written by mark
Compensation for Intuit CEO Brad Smith was essentially unchanged for the year ended July 31. Unchanged, however, is a matter of perspective. He received $12,463,669 for fiscal 2013, down from $12,564,585 in 2012, which for the rest of us is $100,000 a year, but which translates into an eight-tenths-of-one-percent decrease. Generally, an increase of stock awards made up for a more severe drop in non-equity incentive compensation. In that latter category, Smith got $1.12 million for the most recently ended year, down 32 percent from $1.65 million the prior year.
SWK SNAGS $1.1M X3 DEAL
- Monday, 02 December 2013
- News and Analysis
- Written by mark
SWK Technologies has closed on an X3 sale worth more than $1.1 million. The deal was announced by SWK's parent, SilverSun Technologies, and shows the potential for SWK to end 2013 with a real boom in revenue. The amount covers software and consulting services with the customer described as an international footwear manufacturer. SilverSun CEO Mark Meller said in a prepared statement that the previous record for deal was $700,000 for the company's first X3 transaction in 2012.
XERO REVAMPS PRICING
- Monday, 02 December 2013
- News and Analysis
- Written by mark
Online vendor Xero is redoing its pricing. The company is increasing the number of accounting editions available to business users and changing the subscriptions amounts. According to an investor presentation given recently, Xero has gone away from its small, medium and large versions which were priced at $19, $29 and $39 per month respectively. The new lineup begins with the Starter edition at $9 per month, then scales up to the Standard version for $40 per month.
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