News and Analysis

News and Analysis (15709)

QAD CLOUD BIZ SURGING

Karl Lopker, QADManufacturing software vendor, QAD, expects the shift to the cloud will produce double-digit cloud revenue growth for the next few years. In the recent earnings webcast for the second quarter ended July 31, CEO Karl Lopker told analysts, “We can continue to grow the cloud business from 45 to 50 percent over the three-to-five year range.” That came as the Santa Barbara, Calif.-based company reported net income of $985,000 for the most recently ended period, down from $1.3 million year earlier.

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VERTEX SMB SIGNS WIPFLI

vertexVertex SMB has continued on the path of signing high-profile firms as VARs with its recent agreement with Wipfli. The businesses issued a press release with the usual array of laudatory comments for each other. The nuts and bolts is Wipfli will market the Vertex SMB TaxCentral program to small and medium-sized business clients. This is the fourth reseller signing announced by the Berwyn, Pa.-based sales tax software vendor.

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JEEVES NAMES GENERAL MANAGER

Daniel Göhlin, Jeeves Jeeves Information Systems, based in Sweden, has named Daniel Göhlin, VP of sales and marketing, as general manager of Jeeves. The Jeeves business unit markets the company’s ERP software to manufacturing and distribution companies worldwide and the Garp financial software system to small and midsize manufacturing and distribution companies based in Sweden. The company said Göhlin’s appointment to the new position marks a separation between its M&A initiatives and operations of its national business units. He also named an executive team for Swedish operations.

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SWK NABS ACUMATICA AWARD

Jeff Roth, SWK TechnologiesSage reseller SWK Technologies took home the award for the largest Acumatica Deployment of the Year at the cloud vendor’s Partner Summit this week. New to the Acumatica fold in the last year, SWK leaders, including CEO Jeff Roth, got to be part of the first official announcement at the Acumatica keynote. Many major awards were handed out during the morning, something that does not happen at a lot of mid-market publishers’ conferences. Alan Hardy, who joined SWK when it purchased his ESC Software earlier this year, received the Sales Execution Award for Executing Most Effective Sales Engagement.

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KASHOO SIGNS LIBERTY TAX

John Hewitt, Liberty TaxThe fact that Kashoo will now be privately labeled by franchisor Liberty Tax by itself is not important. The fact that this is the second such deal for the low-cost cloud software vendor–its first was Paychex in October—is very important. The most recent agreement was announced this week by Liberty CEO John Hewitt during the earnings webcast for his company's first quarter ended July 31. “We are testing an accounting package  that our franchisees can used to provide small business bookkeeping services,” Hewitt said.

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MAGIC JOHNSON: $60K FROM SAGE?

Earvin Sage tried to load the show floor with attendees at Summit in Las Vegas in July by piling big-name speakers on the keynote stage. Someone who has priced speakers says Magic Johnson’s fee is $60,000 “and you have to buy fuel for his jet.” Add in Karl Rove and Jessica Alba and lesser-known figures, Robert Gibbs and Biz Stone and the bill for bringing in some national press and the rest of the cost of conferences in Vegas and you get some big bucks.

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RANDY GOES TO ACUMATICA

Collins ComputingThe Randy and Andy parties are must-attend events at Microsoft’ Worldwide Partner Conference and Convergence. But now, formerly loyal Collins Computing, by Steve Collins -but whose most visible representative is president Randy Forkner. the Randy of the party name - has become an Acumatica VAR. The company, whose ERP line was previously limited to Dynamics AX and GP, has been selling Acumatica under the radar and has already become a Gold-level reseller for the cloud company. This will get some people’s attention.

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VAR MISERY AND A PERFECT FOG

Microsoft has probably taken the lead in having the unhappiest VARs. That’s because Sage resellers are more resigned to fate.  But with the decision to drop many of the certification requirements to carry Dynamics GP, NAV and SL, Microsoft illustrated problems faced by companies like Microsoft, Sage and Infor. All were built from aggregating unrelated products. All face the need to deal with aging technology and move to the cloud. Infor is different in that it has to pay off $5.3 billion in debt. But all have squeezed the channel to get more income.

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LAURENT OUT AT SAGE

Johnny Laurent, SageClifton "Johnny" Laurent has lost the game of executive musical chairs as Sage adjusted leadership for Sage HRMS and the group handling Timeslips and DacEasy. Laurent, VP and GM of Sage HRMS, joined Sage in January 2006 and had worked in the Employer Solutions organization since June 2009. His duties are being transferred to Henry Benamram who heads Small Business Solutions effective September 8. Benamram, who has spent 22 years at Sage, started in France and then transferred to North America in 2012. He initially had responsibility of for Sage One, the company’s cloud product of the future, as part of a Sage One North America Group.

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MYOB INVESTS IN ACUMATICA

Jon Roskill, AcumaticaAustralian software vendor, MYOB has invested in Acumatica. Acumatica CEO Jon Roskill said today that MYOB, which is owned by Bain Capital, has made a “significant investment” and has taken a seat on the board. MYOB is also testing a cloud-based product, MYOB Advanced, which it built on the Acumatica platform. “We see a huge opportunity, said Gary Katzeff, national manager of MYOB’s Australian Enterprise Division. The announcement was made today at Acumatica’s Partner Summit in the Denver suburbs. It's an important move. In the cloud race, being able to show a solid financial base is important in raising a company's profile with everyone--the resellers, the ISVs, the customers and prospects. 

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