News and Analysis

News and Analysis (15713)

LAWSON PROFITS DESPITE CONSULTING DECLINE

Lawson LogoAlthough consulting revenue fell by 23 percent and total revenue was off by 11 percent, Lawson Software posted net income of just under $6 million for the first quarter ended September 30, which contrasted with a year-earlier loss of $3.7 million. That increase came as company cut expenses by 14 percent, led by a 23 percent decline in the cost of sales and marketing.

 

Read more...

CODA 2GO PLUS SALESFORCE EQUALS FINANCIALFORCE.COM

Financial force logoA minority investment by Salesforce.com plus the Web-based product recently known as Coda2Go has yielded a new company called FinancialForce.com. The new company is a combination of the Salesforce money along with the product from Coda, whose parent, Unit4 Agresso, also owns the Agresso ERP line.

 

Read more...

MICROSOFT EXPLAINS BAN ON CREDIT CARD PAYMENTS

Microsoft said its decision to stop accepting credit cards for purchase made by Dynamics resellers effective November 1 brings the ERP operation into line with the policy on credit card payments worldwide.

 

Read more...

SAP GOING TO MORE INSIDE SALES

John Schwarz pictureSAP has moved towards greater utilization of inside sales personnel in response to the smaller size of deals it finds. This change was outlined earlier this month at Deutsche Bank's Securities Technology Conference by John Schwarz, CEO of BusinessObjects, which SAP purchased in January 2008. Schwarz is also a member of the SAP executive board.

Read more...

SAGE DOES LAYOFFS, REORDERS SALES FORCE

Sage logoSage took the ax to its employee base again, this time to its Employer Solutions operations in St. Petersburg, Fla., and also announced a midmarket sales force reorganization that claimed the jobs of two VPs. The actions coincided with the September 30 year-end for Sage's English parent, the Sage Group.  The company laid off 500 employees in May, as part of cost trimming that included Sage's corporate headquarters in England. Although the company confirmed the latest layoffs, it did not disclose the number affected. An unofficial source said 24 people in development and sales lost jobs.

Read more...

CONNECTWISE BUYS CONNEXIT

Arni Bellini ConnectWise, a Tampa, Fla.-based company which markets professional service applications, has acquired the PSA assets of CoreConnex. CoreConnex, based in Bellevue, Wash., had sold those applications to VARs, MSPs and IT service companies. ConnectWise CEO Arnie Bellini also said his company is eying other acquisitions. In a prepared statement, Bellini said, “... we will continue to investigate other potential acquisitions, including companies like Autotask.” The press release was unclear in a couple of points and a call to ConnectWise PR was not answered. The headline referred to the acquisition of ConnexIT, which is presumably the PSA product, although that name was not used again by the press release and can't be found on the Coreconnex site.
Read more...

FISHBOWL SEEKS 2010 BETA TESTERS

Fishbowl, whose product is a widely used inventory package for QuickBooks, has posted a notice on its Web site asking for applications from those interested in being beta testers for Fishbowl 2010.

 

Read more...

SAP PROFFERS ALL-IN-ONE FREEBIE

SAP logoUntil December 31, midsize companies that purchase SAP's Business All-in-One solution or its SAP ERP with at least 15 SAP application professional users and 15 SAP application limited professional users get SAP CRM with the package.

 

Read more...

SAGE NAMES EMPLOYER SOLUTIONS VP

Sage logoSage has named Clifton J. "Johnny" Laurent Jr., as VP and general manager of the Sage Employer Solutions business unit, which handles the company's Abra HRMS software. He will report to Himanshu Palsule, EVP and general manager for Sage Business Solutions. Laurent will have direct responsibility for R&D, product management, product marketing and customer support. Laurent  joined Sage in 2005 and was most recently VP of customer support and services for the organization. Prior to that, he operated his own customer support consultancy.

Read more...

INTUIT STANDS BY FISCAL GUIDANCE

Intuit logoIntuit has reiterated the guidance it gave Wall Street for its expectations about the company's financial performance for the year ending July 31, 2010 with its financial institutions business expected to show the most growth.

 

Read more...

Visit other PMG Sites: