News and Analysis

News and Analysis (15659)

ACCPAC PORTAL DEBUTS NEXT MONTH

Laurie SchultzResellers for Sage North America have been talking much of the year about the upcoming release of Accpac 6.0, code name Orion, which appears to be one of the most strategic software moves coming from the organization over the next year or two.  Sage released a few details in response to a request for its comment on a NetSuite press releases, issued this week, about the number of Sage customers it had converted. (See related item, this issue). Read more...

SUGARCRM ADDS MOBILE, SOCIAL FEATURES

sugarcrmSugarCRM has added global, mobile and social features to its CRM suite, including a native iPhone application that the company says provides strong customization capabilities.  Sugar Mobile for iPhone is available for all Professional and Enterprise Edition customers and can be downloaded from the Apple Appstore. Read more...

RENEWALS RUFFLE DYNAMICS CHANNEL

dynamics logoMicrosoft's new approach to renewing maintenance and support contracts is producing a lot of unhappiness among Dynamics resellers.  As part of a new channel program, it is rewarding VARs for increasing remewals. But the sore point is Microsoft's decision to renew end user contracts automatically 20 days before they expire, if they have not already been extended. The dealer gets billed for the renewal and if the customer drops maintenance, it's the dealer who faces the paper work to reverse the charge. Read more...

INTUIT EXECS GET HEFTY PAY RAISES

Brad SmithIntuit gave executives hefty compensation increases for the year ended July 31, bringing them closer to their 2008 earnings. And CEO Brad Smith had a very good year as his $13.9 million in total compensation more than tripled what he got in 2009. That total compared to $3.7 million last year and $11.6 million in fiscal 2008. Smith had the same $800,000 base salary as in 2009. But he had $8.5 million in stock awards, compared to just over $2 million in 2009 and $4.9 million in 2008. Read more...

NETSUITE HACKS AT SAGE BASE

Zach NelsonNetSuite, never shy about trash talking, said that more than 500 companies have switched from Sage's business products to NetSuite.  The Internet-based company didn’t spell out a time frame (this year, since NetSuite started, since the last Ice Age?), but apparently the numbers claimed are worldwide as it mentions the U.S.-based MAS line and the English Line 50 and Line 500. Read more...

ALERE HITS THE CLOUD

alereIn the last three months, TIW, which markets the Alere accounting and manufacturing line, has gone to the Web with Alere Cloud.  And one of the prime elements appealing to end users and resellers is the product's customization capabilities, says marketing director Roy Hoffman. Read more...

CYMA LINKS WITH PIRACLE

Accounting software developer Cyma Systems has hooked up with Piracle to make the latter's system the authorized Secure Payment Processing platform for Cyma. Piracle products include Create-A-Check, RapidRemit eXpress and Secure Printing Service users. Cyma has been busier than usual in 2010. It hooked up with Red Gear Technology, parent to TaxWorks, to provide its accounting software in that company's product line. During the summer, it also said Cyma was repositioning itself as a payroll and HR application supplier.

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ONLINE GROWTH OUTSTRIPS QB DESKTOP

Brad Smithsales improved for Intuit's first quarter ended October 30, but that came as online subscriptions grew by 45.6 while the number of desktop units sold dropped by 20.3 percent.  Intuit sold 217,000 QuickBook Online Subscriptions for the quarter just ended, compared to 149,000 a year earlier. Meanwhile, desktop unit sales dropped to 281,000 from 353,000. Read more...

TREY PROFITS ON, WELL.

Trey Resources, parent of Sage reseller, SWK Technologies, turned in one of those profitable quarters that gives me the opportunity do some interesting financial analysis.  The company made $730,785 for the third quarter ended September 30, compared to a loss of $325,502 a year earlier. Read more...

LAHEY LANDS AT JOB FIRM

David LaheyDavid Lahey, an accounting software veteran, had taken a position as VP of Customer Success at Jobvite, a start-up which has social recruiting features.  Lahey was most recently EVP of sales and marketing at SpeedTax, the sales-and-use software tax company, but left abruptly after nine months there. Read more...

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