News and Analysis (15708)
SWK PARENT WANTS TO DOUBLE REVS
- Thursday, 11 June 2015
- News and Analysis
- Written by mark
SilverSun Technologies, parent of SWK Technologies, continues to be on the hunt for other Sage VARs and wants to double its revenue. In a recent investor presentation, SilverSun CEO Mark Meller said the company's parameters for targets are more than $1 million in annual revenue and resellers that are cash flow and income positive. "The company is actively reviewing additional acquisitions ," he told listeners.
EPICOR SPINS OFF RETAIL SOLUTIONS
- Thursday, 11 June 2015
- News and Analysis
- Written by mark
Epicor Software has spun off its Retail Solutions division effective June 1. For the moment, the company is named Spinco—a new partnership of investors, but remains under the same ownership funds advised by Apax Partners as all the assets were transferred to the same parent that owns Epicor. Information about the retail business remains on the Epicor website, but I assume that will change when the company receives a real name.
AVALARA ADDS FUEL PACKAGE
- Wednesday, 10 June 2015
- News and Analysis
- Written by mark
Avalara has launched Avalara Returns Excise Pro, an online service. The sales-and-use tax company says the application enables small to mid-sized fuel distributors, suppliers, and terminal operators to file accurate fuel tax returns. Excise Pro utilizes a four-step process. Those steps start when the user enters fuel sales data into a return-specific spreadsheet template. Next, schedules are imported via spreadsheets with errors detected by the system's data validation.
UXC, MCACONNECT TAKE DYNAMICS AWARDS
- Wednesday, 10 June 2015
- News and Analysis
- Written by mark
Australia-based UXC Eclipse is Dynamics Industry Partner of the Year and mcaConnect is the Dynamics ERP Partner of the year for 2015. The awards were announced in the build up to the Worldwide Partner Conference being held next month. The Finalists in the Industry category were Edgewater Fullscope, Hitachi Solutions and VeriPark. The ERP finalists are Azzure IT, Columbus and Tribridge. mcaConnect, headed by Claude Watson, was No. 11 on this year's Bob Scott's Top 100 VARs list with $42 million in revenue.
XERO, INTUIT HIT MILESTONES
- Friday, 05 June 2015
- News and Analysis
- Written by mark
The numbers are less interesting the counterprogramming. This week, Xero said during its Xerocon conference in Denver it has reached 500,000 subscribers. But the next day, Intuit released its announcement that it had 1 million subscribers for QuickBooks Online. There was no surprise in that—I pointed out in an article based on the 965,000 for April 30, the end of the last quarter, that it was highly unlikely QBO would not cross the threshold.
RANDOM THOUGHTS: CINDERELLA
- Friday, 05 June 2015
- News and Analysis
- Written by mark
Saw a police vehicle in my hometown of Madison, Ind., that had two advertisements on the exterior. I quickly realized, it was a van for the anti-drug program, D.A.R.E., not a patrol unit. But that suggested that communities are missing revenue opportunities. Imagine you've just been arrested and dumped into the back seat of a police car. You are greeted with a cheery "Your arrest is brought to you by First National Bank. If you need a personal loan to post bail, use that phone call to contact one of our friendly customer service employees."
XERO BUILDING AVALARA INTEGRATION
- Friday, 05 June 2015
- News and Analysis
- Written by mark
Xero will build tax rates integration to work with Avalara's AvaTax system, the companies said at this week's Xerocon conference. That will enable Xero users to have access to regular updates of changes in tax rates and tax boundaries and let them calculate sales tax rates in invoices. Avalara also plans to integrate its TrustFile tax return software with Xero.
SUGARCRM OPENS EXCHANGE
- Friday, 05 June 2015
- News and Analysis
- Written by mark
SugarCRM has created SugarExchange, an online store for applications and integration software products developed by the company's partners. GitHub is also hosting SugarCE-AddOns, a repository where users of Sugar Community Edition software can find add-ons and extensions. Clint Oram, co-founder and chief technology officer of SugarCRM, noted that with Sugar 7 the company began separating its Commercial and Community editions.
UNIT4 NAMES CTO
- Friday, 05 June 2015
- News and Analysis
- Written by mark
Unit4 has named Erik Tiden as chief technology officer. Tiden was previously GM for the global Microsoft Dynamics' cloud and on-premise business for small and medium-sized businesses from September 2012 through May 2015. Before that, he was VP of engineering, business solutions at Hewlett Packard from July 2011 through August 2012. He held several executive positions earlier at SAP where he worked for slightly more than 10 years. His last position there was as SVP and global head of custom development.
Read more...PLUMBLINE CONSULTING BUYS PROGRESSIVE
- Friday, 05 June 2015
- News and Analysis
- Written by mark
Just to confuse things, Plumbline Consulting has acquired Progressive Systems Solutions. This is not the Plumbline Solutions that became Solomon Cloud Solutions, noted elsewhere in this newsletter. It's a consulting and reselling firm owned by Jim Bowman and Joe Longo, owners of the SBS Group. The companies did have a relationship: Plumbline Consulting was spun out of Plumbline Solutions about six years ago.
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