News and Analysis (15677)
EXACT SOFTWARE FORESEES LICENSE DECLINE
- Friday, 30 October 2009
- News and Analysis
- Written by mark
ECONOMY: IT'S GETTING BETTER PART OF THE TIME?
- Thursday, 29 October 2009
- News and Analysis
- Written by mark
This week's earnings reports has been an interesting chapter in salesmanship (Should that be salespersonship?) as CEOs trotted out their financial results via conference calls and ooh and aah about numbers that a year ago would have had them trying bungee jumping without a bungee cord. The bright spots do not seem to not be in the small and medium business market nor domestically, not that part of those segments aren’t improving in the United States.
Read more...CCH CHANNEL HEAD MOVES ON
- Thursday, 29 October 2009
- News and Analysis
- Written by mark
After nine years in channel programs, Michael Silmont, who served as national strategic alliances manager for CCH, is resigning to become COO of a Vancouver energy conservation software company. In his four years with CCH, Silmont was responsible for the reseller program for CCH’s sales-and-use tax initiatives, its first VAR channel.
CONVERGENCE: MUM’S THE WORD?
- Thursday, 29 October 2009
- News and Analysis
- Written by mark
The four-city Convergence Europe series of conferences opened this week. But it was a quiet start. Microsoft issued a bland press release headlined ”Microsoft Reveals the Power of Dynamic Business at Convergence Europe,” about extending the Dynamics Business to Europe.
Read more...
DELTEK VAR REVENUE DROPS; COMPANY PRUNES CHANNEL
- Thursday, 29 October 2009
- News and Analysis
- Written by mark
The percentage of Deltek’s revenue contributed by resellers took a big hit for the third quarter ended September 31, dropping to 9 percent of revenue, down from 14 percent a year earlier. Deltek gave those figures in its earnings call yesterday. If I applied the percentages correctly, reseller-based revenue was down 41 percent. It fits the economic pattern which has been that smaller businesses, the purview of the channel, is not recovering at anywhere near the pace of the larger business.
DESPITE 3Q RESULTS, EPICOR CEO UPBEAT
- Thursday, 29 October 2009
- News and Analysis
- Written by mark
Epicor CEO 
sounded optimistic yesterday as his company reported its revenue had dropped by 27 percent. Net income also fell sharply for the company’s third quarter ended September 30. Earnings plunged to $356,000 for the recently ended quarter, down from $2.7 million a year ago.
Read more...
INTUIT SHOWS A DEMOCRATIC STREAK
- Thursday, 29 October 2009
- News and Analysis
- Written by mark
Intuit hasn't wasted any time in looking as though it is responding to the pending presence of David Batchelder on its board of directors. Batchleder is a partner of Relational Investors, a firm known for its interest in corporate governance, including executive pay.
SERENIC TURNS IN GOOD QUARTER
- Thursday, 29 October 2009
- News and Analysis
- Written by mark
Considering that its second quarter ended on August 31, before many thought the economy had turned around, nonprofit accounting software vendor Serenic turned in a bang-up performance. So it’s a lot smaller than the other software vendors reporting publicly. But its results showed a 23.3 percent increase in revenue, which rose to just under $3 million Canadian.
EXACT SAYS LICENSE REVS DOWN
- Thursday, 29 October 2009
- News and Analysis
- Written by mark
License revenue for the September quarter dropped by 17.2 percent over the prior year, according to a preliminary statement issued by Exact Software. However, Exact said that was a lot better than the first half when the same source of income dropped by 30.4 percent over the first half of 2008.
Read more...
SAGE LAUNCHES NFP CERTIFICATION
- Tuesday, 27 October 2009
- News and Analysis
- Written by mark
Sage North America has launched a financial professional certification program under which its MIP Fund Accounting customers can enhance their skills and earn credentials through CPE-eligible workshops. The program provides certification in 10 disciplines.
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