News and Analysis

News and Analysis (15703)

SAGE STARTS ACCOUNTANT PROGRAM

Alan Laing, SageSage has introduced a Global Accountant Partner Program. The tiered program is part of last fall's new Global Partner Program that is designed to support its software applications. It is available immediately for programs sold worldwide: Sage Impact, Live, One and X3, and will be rolled out for all products in October. Sage said the program gives members free access to a "peer-led community of Accountant Partners with access to the full suite of Sage products."

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ENVISION—EMPTY BUSES, PARTIES

 Chris Capossella, MicrosoftI quipped that parts of the exhibit floor at Microsoft Envision this week had sounds from coyotes howling. And if you have been to a lot of shows, you know the symptoms of that kind of emptiness—exhibitors talking to each other; pacing, leaning against things. But one that I had not picked up on before was the most prevalent—people in their booths with their hands in their pockets. Microsoft's chief marketing officer Chris Caposella told those in the main arena that more than 6,000 people attended the Convergence replacement.

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SAGE TRASHES XERO SUPPORT

Rod Drury, XeroSage went after Xero in an uncharacteristic attack ad recently. Sage, which is being challenged in its home in the United Kingdom by Xero, came out with this message: "Tired of Xero Support? We can help" and the main message is "We are not implying we are better than Xero. We are coming out and saying it."

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I.B.I.S. DEBUTS OMNI-CHANNEL

Andy Vabulas, I.B.I.S. I.B.I.S. and its India-based parent Sonata Software are launching an Omni-Channel Commerce platform for retail on Dynamics and the new Dynamics AX 7 services. The offering will be displayed next week at the Microsoft Envision conference in New Orleans, La. Sonata is featuring its Brick & Click Omni-Channel Commerce platform for large retailers.

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THE FIRST ENVISION AND MARKET CHANGE

Linda Rose, RoseASPFor various reasons, I reneged on my plan not to attend Microsoft Envision, the conference that begins this weekend in New Orleans. For one, it is New Orleans. For another, with Andy Vabulas retiring from I.B.I.S. after the conference, I believe in showing people you appreciate them in person whenever possible. Beyond that, curiosity is a driving factor.

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SWK SPELLS OUT M&A RESULTS

Jeff Roth, SWK TechnologySilverSun Technology gave us an unusual look into financial results in the small reseller world. That came as the company, parent to Livingston, N.J.-based reseller, SWK Technology, reported results for the year ended December 31. This included a snapshot of the contributions from five acquired operations—ESC Software, picked up in 2014, and Accounting Technologies Resources, The Macabe Associates, Oates & Co. and ProductiveTech purchased last year.

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ACCUFUND LINKS TO DOCUMENT APP

Peter Stam, AccuFundNonprofit software company AccuFund has agreed to integrate the RVI Document Imaging System with the AccuFund Accounting Suite. Under a partnership between AccuFund and Real Vision Software, customers will have access to RVI'S document imaging and storage capabilities for organizations with enterprise-level requirements.

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NETSUITE NAMES ASIA GM

Zakir Ahmed, NetSuiteNetSuite has hired Zakir Ahmed as VP and GM for Asia in what appears to be an intensification of the cloud software company's activities in that region. Based in Singapore Ahmed has the job of building the company's activities in its offices in Singapore, the Philippines and Hong Kong. His LinkedIn page shows he assumed the role in January.

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EDGEWATER, INVESTOR, MAKE PEACE

Jeffrey E. Eberwein, Lone Star Investors Edgewater Technology has come to terms with Lone Star Investors, which had sought to oust the Edgewater directors. The parties this week agreed to expand the board of directors of the Wakefield, Mass.-based consulting and reselling company from six to eight and to add two Lone Star nominees, Timothy Whelan and Stephen R. Bova. The agreement also kills the immediate prospect of a takeover of Edgewater by another company.

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M&A PUSHES SWK RESULTS

swkFour acquisitions last year pushed results of SWK Technologies higher for the year ended December 31. The impact of the deals was spelled out in the financial results of SWK'S parent, SilverSun Technologies, which were reported to the SEC this week. All of SilverSun's operations are through SWK. Net income for 2015 was $374,305, an increase of 94 percent from $192,901, the prior year. Revenue of $27.6 million last year was up 28.8 percent from $21.6 million in 2014.

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