Serenic Corporation, which markets the nonprofit accounting Serenic Navigator for the Dynamics NAV market, has retained PricewaterhouseCoopers Corporate Finance to explore its options. The company's official statement said it was exploring "strategic opportunities to maximize shareholder value" which it said could include capital structure review, strategic partnerships, and/or merger and acquisition alternatives Read more...

The Top Ten Technologies picked by the American Institute of CPAs is normally announced in January. But this year, the selection, if it has been made, was delayed by the resignation of Mark Mayberry, the BDO Seidman partner who chaired the committee. Officially, the results are supposed to be released after April 15. But the AICPA is weighing the possibility of changing the format. The list has always had the problem that what appeals to corporate and public CPAs are not the same issues and the possibility of picks for all areas of AICPA membership is under consideration. But from a media point of view, I think it would be unwise to have more than one list. It may make sense in mirroring membership interests. But from a public relations point of view, having one Top Ten list is a lot more appealing to media that does not deal routinely with accountants. And outside of a handful of organizations, that's most of the media. I think the exposure will drop if more than one list is released. Read more...

Exact, as it released results for 2009, outlined areas for growth, including the professional services application market. That was one of four areas in which the Dutch company invested last year, according to CEO Rajesh Patel. The company is moving into that market by building PSA functionality into Synergy Enterprise.

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Cougar Mountain Software has introduced Denali 2.8, a version of its newest product line that can convert CMS Professional data. Data from any Windows Version of CMS can be converted, as can data from the DOS 15.0 version. The system has a 64-bit compatibility and can also run on a 32-bit system. Denali 2.8 provides what was called improved integration with CMS Professional Payroll. Users can import AP, bank reconciliation and GL data into Denali after posting transactions and exporting payroll data. Read more...