News and Analysis (15713)
REPAY MODELS RECESSION AHEAD
- Wednesday, 01 March 2023
- News and Analysis
- Written by BobWScott
Payments company Repay has designed its financial expectations for 2023 based on a mild to moderate recession. Repay gave that description as it provided its outlook for the year during this week’s webcast for earnings for the year ended December 31.
CLOUD SALES BOOST SILVERSUN
- Tuesday, 28 February 2023
- News and Analysis
- Written by BobWScott
Sales of cloud-based ERP products, which rose by 49.8 percent, spurred Silversun Technologies, parent of reseller SWK technologies, to a 7.9-percent increase in revenue for the year ended December 31. But the cloud also somewhat took away from that as the switch from desktop products led to a drop in maintenance revenue.
PROCORE SHUFFLES LEADERS
- Friday, 24 February 2023
- News and Analysis
- Written by BobWScott
Procore Technologies has moved CFO Paul Lyandres to the new position of president of Fintech effective in May. At the same time, will make Howard Fu, Procore’s SVP of finance the new CFO.
QB ENTERPRISE REVS STRONG
- Friday, 24 February 2023
- News and Analysis
- Written by BobWScott
Revenue for QuickBooks Enterprise, Intuit’s desktop mid-market package, appear to have grown in last quarter. During the week’s earnings webcast, CFO Michelle Clatterbuck said revenue grew “high-teens’ for the second quarter ended January 31.
INTUIT SWITCHING CFOS
- Thursday, 23 February 2023
- News and Analysis
- Written by BobWScott
Intuit is changing CFOs on August 1 when Sandeep Aujla replaces Michelle Clatterbuck, who has held the position since February 2018.
PROCORE FIXING INT’L BIZ
- Wednesday, 22 February 2023
- News and Analysis
- Written by BobWScott
Procore Technologies wants to improve international operations after business in that area failed to perform up to expectations.
SAGE PICKS GLOBAL PARTNER VP
- Monday, 20 February 2023
- News and Analysis
- Written by BobWScott
Sage has hired Eduardo Rosini as it EVP of partners and alliances. He replaces Aziz Benmalek, who became president of Sage North America in May.
AVALARA CRUSH GOES REGIONAL
- Friday, 17 February 2023
- News and Analysis
- Written by BobWScott
Avalara has Crush conference with eight regional editions of the annual event. This year will be the first time since before the pandemic live events are planned.
ACUMATICA: WE VET MARKETPLACE ISVs
- Friday, 17 February 2023
- News and Analysis
- Written by BobWScott
Acumatica vets applications on its online marketplace, Christian Lindberg, VP of partner solutions, said this week.
ROOTSTOCK INKS DELOITTE DIGITAL
- Friday, 17 February 2023
- News and Analysis
- Written by BobWScott
Rootstock Software has signed Deloitte Digital to offer consulting, implementation and integration services to manufacturers and distributors with revenue between $50 million and $1 billion.
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