News and Analysis (15677)
AVIDXCHANGE EXPECTS STRONG GROWTH
- Friday, 18 March 2022
- News and Analysis
- Written by BobWScott
AvidXchange expects double digit revenue growth will continue this year. The payments software company recently issued guidance stating revenue for 20202 will range from $296.4 million to $301.5 million.
COLUMBUS EXITS RUSSIA
- Friday, 18 March 2022
- News and Analysis
- Written by BobWScott
Denmark-based Columbus is one of the many companies leaving Russia following that country’s invasion of the Ukraine. CEO Søren Krogh Knudsen reported during the week’s webcast for earnings for the year ended December 31 that the reseller has disposed of the operation.
VERTEX SLASHES STOCK COMP, LOSS
- Thursday, 17 March 2022
- News and Analysis
- Written by BobWScott
Vertex sharply reduced its loss for the year ended December 31 as it cut operating expenses by a sharp cut in general and administrative spending, driven by a $55.1 million decrease in stock-based compensation in 2021.
PROCORE MOVES INTO FRANCE
- Thursday, 17 March 2022
- News and Analysis
- Written by BobWScott
Procore Technologies has launched its construction software business in France, with plans to move further into Europe. The company this week said it had named Laurence Caron-Vidon as senior director for France and Southern Europe to build regional operations.
MICROSOFT PARTNER LEADER NAMED
- Thursday, 17 March 2022
- News and Analysis
- Written by BobWScott
Microsoft has named Sarah Steiger as GM of partner solutions for the U.S. national/local services team. Steiger, who joined the software company in 1998, was previously GM of U.S. partner management and sales enablement, among other roles from May 2018 until taking the new position this month.
COLUMBUS US EKES OUT GROWTH
- Wednesday, 16 March 2022
- News and Analysis
- Written by BobWScott
The greatly reduced operations of reseller Columbus in the United States crept up by 1 percent for the year ended December 31. The downsized business closed 2021 with revenue of roughly $14.5 million the company reported this week.
VISMA ENTERS LATAM ERP MARKET
- Tuesday, 15 March 2022
- News and Analysis
- Written by BobWScott
Visma has acquired Calipso, which makes mid-market and enterprise for the Latin American market. Sweden-based Visma, which has been buying companies almost monthly, was already in Latin America with HRM products.
B2B, NFP DRIVE PAYA GROWTH
- Friday, 11 March 2022
- News and Analysis
- Written by BobWScott
Two vertical markets were key factors in revenue growth for Paya for the fourth quarter ended December 31. The payments company recently said it ended 2021 with a $3.1 million loss compared to $500,000 in red ink for 2020.
NETSUITE REVS JUMP 29 PERCENT
- Friday, 11 March 2022
- News and Analysis
- Written by BobWScott
The fast-paced growth of Oracle NetSuite continued in the third quarter ended February 28. NetSuite revenue was up 29 percent, the company said with the release of quarterly earnings.
SOLVE 100 WINS QLIK AWARD
- Thursday, 10 March 2022
- News and Analysis
- Written by BobWScott
Solve 100, which was acquired by accounting firm Wipfli last month, has been named Solution Provider of the year by Qlik Techology. Solve 100 was the winner of one of seven awards in North America by analytical software vendor, Qlik.
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