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News and Analysis

News and Analysis (15622)

KEYEDIN UPDATES MANUFACTURING

KeyedinKeyedIn has introduced the latest release its manufacturing application. Meanwhile, the software company also reported this week it is migrating its platform to Microsoft Azure.

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INTUIT NAMES ACCOUNTANT LEADER

Ariege Misherghi, Intuit Intuit has named Ariege Misherghi as the new leader of its Accountant Segment. She replaced Rich Preece who has moved into the newly created position of U.S. country manager for Intuit’s Small Business Self-employed Group. Preece had held his previous job since August 2016.

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BLACKBAUD TO GROW SALES FORCE

Mike Gianoni, Blackbaud Blackbaud intends to grow its sales force in the second half after focusing on increasing productivity in the first half. Company executives outlined that plan in this week’s webcast for earnings for the second quarter ended June 30.

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SAGE REVENUE PICKS UP IN 3Q

Steve Hare, SageAfter an unexpected slip in revenue goals for the first Half, Sage said it has moved back on plan. The comment was made this week by CFO Steve Hare during a trading update for the third quarter ended June 30.

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FORMER SAGE VP GOES TO KEYEDIN

Matthew Muldoon, KeyedIn SolutionsFormer Sage VP Matthew Muldoon has taken the position of VP of products for KeyedIn Solutions. Muldoon’s LinkedIn profile shows he took the job with the cloud-based project accounting software vendor this month

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GUSTO NABS $140 MILLION

gustoOnline payroll vendor Gusto has raised $140 million in Series C venture funding. The San Francisco, Calif.-based company, which was launched in 2012, said proceeds will be used to invest in new features and additions to its platform.

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ROTH TAKES AVALARA CHANNEL JOB

Jeff Roth, Avalara Jeff Roth, former CEO of SWK Technologies, has become VP of channel partners at Avalara. Roth’s LinkedIn profile shows he took the job with the sales and use tax software company last month.

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INFOR COMP BACK TO NORMAL

Charles Phillips, InforCompensation for named executives for Infor dropped back to relatively normal levels for the year ended April 30, 2018. Compensation for 2017 was inflated by bonuses handed out for their work on the major investment in Infor by Koch Industries.

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XERO PURCHASING HUBDOC

Jamie McDonald, Hubdoc Xero is acquiring Hubdoc, which makes document collection and management software, for $70 million in cash and stock. Hubdoc, based in Toronto, Ont., will operate as a stand-alone unit, New Zealand-based Xero said this week.

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PAYA (SAGE PAYMENTS) CEO DIES

Joe Kaplan, PayaJoe Kaplan, CEO of Paya, died while on vacation with his family in Bermuda on Friday, July 27, the company has announced. Paya is the former Sage Payments which was acquired by GTCR after Sage spun off the unit in 2017. Kaplan was hired as CEO in October.

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