SilverSun Technologies, parent of SWK Technologies, reported net income of $62,185 for the second quarter ended June 30, largely attributable to a sharp drop in share-based compensation. The earnings compared to a loss of $334,031 in last year's corresponding period. The company was able to increase G&A and R&D spending, but overall expenses fell as the shared-based pay dropped to $4,404 in the most recently end period, compared to $408,183 a year earlier.

Intacct has allied with KeyedIn Solutions to integrate the latter's cloud-based project management software into Intacct. It was the first time KeyedIn, based in Minneapolis, Minn., has partnered with an accounting software vendor. Along with San Jose, Calif.-based Intacct, the integration is designed for professional services and project-based businesses. The integration will include Intacct Project Accounting.

The message for Exact's first half ended June 30 was not the brightest news, but it was an improvement. The company has reduced the rate at which it is losing customers. "We have seen an improvement in the attrition rates in all businesses," chief executive Erik van der Meijden said in an earnings webcast. And in the Americas that meant a decline in revenue for Job Boss, Macola and Max. The Job Boss numbers were disappointing since it had been a doing better. Exact is staking its future on its Exact Online product, which is moving into the United States in beta form. In the meantime, it improved profitability despite a decline in revenue for the period just reported. Net income was about $20 million, a 56.2-percent increase from last year's first half. That improvement was accomplished by cost cutting stemming from last year's reorganization. However, the company boosted sales and marketing spending. Revenue of roughly $140 million for the most recently ended period was off by 3.2 percent from a year ago. Specialized Solutions had revenue of about $51.8 million, a 5.5-percent drop. That category includes the three American manufacturing products, Longview and Lohn. Profitability also fell with EBIDTA declining 14.4 percent to about $8.4 million. Americas revenue was around $30 million. All figures are in constant currencies

Edgewater Technology registered a sharp increase in net income on a slight increase in revenue for the second quarter ended June 30. Net income rose to $1.4 million, up from $134,000 a year earlier. A big factor in the rise in profit was the drop in expenses involving an embezzlement that occurred at Fullscope before it was purchased by Edgewater.