News and Analysis (15713)
PRODWARE EARNINGS SLUMP
- Thursday, 26 March 2015
- News and Analysis
- Written by mark
The net result for the ProdWare Group, a Dynamics and Sage reseller based in France dropped to about $6 million for 2014, down 32 percent from the 2013 total. The company this month attributed the decrease to its efforts to restructure its German and Benelux operations and align them with the company business model. "The temporary decrease in our net profitability, related to the realignment efforts of our German and Benelux subsidiaries toward our model, is to be viewed in the light of continued growth of our other activities and our strategic activities such as SaaS," the company said in prepared comments.
UNIT4 REBRANDS CODA, AGRESSO
- Thursday, 26 March 2015
- News and Analysis
- Written by mark
Unit4's two ERP lines, Coda and Agresso, have been brought together under a new brand reflecting the parent company's name. Coda has been renamed Unit4 Financials with Agresso now falling under the Unit4 Business World moniker as the Netherlands-based company introduced major new updates to its products. Financials sports a new user interface and experience.The company said the Flexi-fields technology enables users to combine business data with any contextual information from inside or outside the system, such as pipeline data or customer retention information.
VETTER HEADING XERO PROGRAM
- Friday, 27 March 2015
- News and Analysis
- Written by mark
Xero has named Amy Vetter as its first Head of Accounting in the United States. Vetter's new job was announced in a press release that is part of an upsurge in announcements by the New Zealand-based cloud accounting software company. In the first three months of 2014, Xero issued 10 releases. So far it 2015, 17 have been emitted and there's a few more shopping days left. Maybe this is the trumpet fanfare before moving into the IPO process. But back to Vetter, whose job is not about heading an accounting department.
ABILA NAMES PRESIDENT'S CIRCLE
- Thursday, 26 March 2015
- News and Analysis
- Written by mark
Nonprofit software vendor Abila, has named four VARS to its President's Circle. The four were announced at the recent, AUDC 2015 (Abila Users and Developers Conference) in Austin, Texas. The software company also presented excellence awards to several nonprofit customers. The four Abila Business Partners picked were ProSoft Solutions of Highland Village, Texas; NonProfit Technologies of North Palm Beach, Fla.; Net@Work of New York City; and JMT Consulting Group of Patterson, N.Y.
SAGE CEO WRITES ON
- Wednesday, 25 March 2015
- News and Analysis
- Written by mark
New Sage chief executive Stephen Kelley started a blog very quickly after taking his new job in October. You may remember an item in this publication last month that mused about executives who try to write blogs. Many hopefuls fall by the wayside because their jobs are about running companies and few manage to keep churning out copy. Even those further down the line than senior executive positions often wind up with very little current information in company blogs.
JEEVES AND FORTERRO EQUALS?
- Wednesday, 25 March 2015
- News and Analysis
- Written by mark
You may not have heard of Forterro. If you read the company's LinkedIn page, Forterro was founded in 2012. But that's not the complete story. Dig into the website's history page and you will find this tidbit: "December 2014: Forterro emerges as holding company for Jeeves, SolvAxis, and future M&A". So while Forterro may be three years old, its role shifted in December. Jeeves Information Systems is an ERP company based in Sweden that was acquired by investment firm Battery Ventures in June 2012.
QAD SIZZLES WITH CLOUD
- Friday, 20 March 2015
- News and Analysis
- Written by mark
Manufacturing software vendor QAD turned in its best fourth quarter and best year ever for the period ended December 31. Net income of $12.9 million for 2014 was double the prior year's earnings of $6.4 million. Revenue for the most recently ended year hit $295.1 million, an increase of 10.8 percent from $266.3 million. CEO Karl Lopker said QAD had five deals of more than $1 million in the fourth quarter, compared to one a year earlier and also added 10 cloud customers in 2014's final three months.
COLUMBUS REVS STALL, NET UP
- Friday, 20 March 2015
- News and Analysis
- Written by mark
Danish reseller company Columbus managed a sharp increase in earnings on unchanged revenue for the year ended December 31. The net result for the year just ended was about $7.6 million, more than twice the total for 2013, while revenue was stagnant at roughly $126. The big problem last year was the United States business. North American revenue was down 14 percent to about $21.4 million. Headcount on the continent dropped to 119 for 2014 from 140.
CLOUD BLOG COMING
- Thursday, 19 March 2015
- News and Analysis
- Written by mark
There have been many signs of the move to the cloud by Dynamics resellers. Last year, there was Collins Computing moving to Acumatica; last month, Socius picking up NetSuite. There have been enough movement by readers of www.erpsoftwareblog.com that its publishers are coming out with a cloud blog next month. Editor and blog co-founder Anya Ciecierski said that the decision was based on the fact that so many Dynamics resellers have taken on non-Microsoft products.
EDGEWATER BUYS CRM VAR
- Wednesday, 18 March 2015
- News and Analysis
- Written by mark
Edgewater Technology has purchased Zero2Ten, a Dynamics CRM VAR based in Alpharetta, Ga. Edgewater paid $5 million in cash up in an asset purchase to the company and its owners in a deal that included Zero2Ten EMEA, based in Manchester, England. Under an earn-out agreement over next two years, the maximum to be paid is about $8.6 million. For anyone attending Convergence this week, it was obvious CRM is the place to be to hold favor with Microsoft and the bigger, the better.
Most Read
-
-
May 19 2021
-
Written by BobWScott
-
-
-
May 22 2017
-
Written by mark
-
-
-
May 22 2017
-
Written by BobWScott
-
-
-
May 25 2016
-
Written by mark
-