News and Analysis

News and Analysis (15671)

ARMANINO ADOPTS XERO

Jamie Sutherland, XeroWhen I see stories about the growth of Xero, I think of when a new product called QuickBooks hit the market. When it came roaring in the 1990s, the statement was products like Peachtree were disposable. People bought them and didn't use them. And now, accounting firm, Armanino, has adopted Xero, the low-end online software from New Zealand, for providing outsourced accounting services to its clients. It's a big win for the rapidly growing application company, which is still very small compared to its competitors.

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EXACT ONLINE M'FACTURING HERE IN JUNE

Erik van der Meijden, ExactExact Online Manufacturing will enter the market in the United States in June in a controlled release. The planned introduction was outlined in the company's recently released annual report for 2012 and shows we are going to see a lot more new stuff from the Netherlands-based Exact than we have seen in years. The company had previously said it would introduce its low-end Exact Online in the American market in the fourth quarter.

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SOCIAL MEDIA MINUS THE STALKING

Mathew Sweezey, PardotThe message of marketer Mathew Sweezey, delivered at SugarCon 2013, the SugarCRM conference in Manhattan this week, hit home. Sweezey, described as a B2B marketing evangelist at Pardot, said social media, marketers and sales people need to utilize social media without being creepy. In fact, he told the audience that these professionals often engage in "1984-like tracking." . For trips abroad, I have purchased several languages from Rosetta Stone, whose ads are impossible to escape on television.

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SWK PARENT HIRES FINANCIAL ADVISOR

Damon Testaverde, Network 1 Financial SecuritiesSilverSun Technologies, parent to Sage reseller SWK Technologies, has hired a financial advisor. The Livingston, N.J.-based company it has retained investment banking firm, Network 1 Financial Securities, ”to advise the Company's management team on financial strategies to support its current growth initiatives." There was no elaboration on what this meant and no talk about looking for a buyer, investors or anything else. But the cash-poor balance sheet probably points the way to understanding this. Read more...

BRAINSELL ACQUIRES BLYTHECO'S 300 LIST

James Ward, BrainsellBrainSell, a Topsfield, Mass.-based reseller, has purchased the Sage 300 list from Blytheco. "It’s a small piece of their business," said BrainSell CEO James Ward. Ward said his operation has Sage 300 personnel on both coasts and at the same time, Blytheco is concentrating on high-volume products. Read more...

AKTION BUYS FCA TECHNOLOGIES

Scott Urwin, Aktion AssociatesAktion Associates, based in Maumee, Ohio, has purchased what it describes as selected assets of FCA Technologies. Steve Rogers, co-owner of Tysons Corner, Va.-based FCA Technologies has been named Aktion professional services manager while the deal adds 10 employees  to the Aktion staff in the Northeast. Terms were not disclosed. A Sage reseller, FCA was founded in 1983 and serves the Washington, D.C., area.

 

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LAST CALL FOR TOP 100

It's last call. The days grow short. The two-minute warning. And stuff like that. Yes, it's that last opportunity to BSI logohave your company considered for Bob Scott's Top 100 VARs for 2013. There is still time for being considered but deadlines are approaching and at some point the gate will close; the die will be cast; all items must go; time to pull the plug. If interested, contact me at This email address is being protected from spambots. You need JavaScript enabled to view it.. I would call this a public service announcement, although I'm not sure a lot of the public would agree. But the days grow short. Read more...

XERO REV GROWTH OUTPACES LOSS

XeroStill small Xero remained on a fast growth path for the year ended March 31. The company’s loss is expected to grow by 89 percent for fiscal 2013, but its revenue doubled over the results for 2012. The New Zealand company issued a preliminary report this week in which it said that the loss for the full year would be similar to that in the first half, which meant the red ink would come in around $12.6 million for the most recently ended fiscal year.

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EPICOR UPGRADES LUMBERTRACK

EpicorEpicor has issued what it calls a major upgrade to LumberTrack, formerly from Progressive Solutions. The application is designed for lumber and wood products manufacturers and wholesale distributors. New features include user-defined fields. The company said the software's data management features also more readily allow data to flow into other applications, such as the Epicor Dispatch and Delivery Management System.

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APTEAN NAMES NEW CEO

Paul Ilse, ApteanAptean, formed by last year’s merger of Consona and CDC Software, has named Paul Ilse as CEO. Ilse takes over from Monte Ford, who has become Executive Chairman. Ilse was most recently CFO of Atlanta-based Red Prairie Holding, a job he took in January 2007. He joined Red Prairie in 2006 as EVP of mergers and acquisitions.

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