News and Analysis (15634)
EXPENSES CUT SILVERSUN'S PROFITS
- Monday, 14 May 2018
- News and Analysis
- Written by mark
A 24.4-percent increase in operating expenses cut into the bottom line for SilverSun Technologies, parent of reseller SWK Technologies, for the first quarter ended March 31. The East Hanover, N.J.-based company reported net income of $58,387 for the period just ended, down sharply from $153,853 a year earlier.
KEYEDIN RAISES $15 MILLION
- Friday, 11 May 2018
- News and Analysis
- Written by mark
KeyedIn, which makes financial and project management software, has raised $15 million from investors. The Series C funding round was led by Arrowroot Capital.
RANDOM THOUGHTS: RIHANNA
- Friday, 11 May 2018
- News and Analysis
- Written by PMG Admin
There’s a report that the North Koreans are willing to talk about nuclear deregulation because the mountain site used for testing collapsed. That reminds me of a Saturday Night Live take off on a famous “I Love Lucy Skit”.
SAGE TO ADD 100 VARS
- Friday, 11 May 2018
- News and Analysis
- Written by mark
Sage will probably add 100 resellers to its channel over the next year. The company is targeting those carrying competing products and is also cultivating Salesforce.com partners, according to Scott Ehmen, VP of North American partners and sales.
ZOHO OPENS EUROPEAN OFFICE
- Friday, 11 May 2018
- News and Analysis
- Written by mark
Zoho has established its first European office in Utrecht, Netherlands. The software company says the move signals the launch of a European business development initiatve, which includes growing a partner channel on the continent.
NETSUITE RSM’S “GO-TO” PRODUCT
- Friday, 11 May 2018
- News and Analysis
- Written by mark
RSM is carrying three lines of cloud financial software. However, worldwide Oracle NetSuite is the product of choice. “We have established NetSuite as our go-to global platform,” Steve Ems, principal and national business applications leader for RSM US, said recently.
AVALARA FILES FOR IPO
- Friday, 11 May 2018
- News and Analysis
- Written by mark
Avalara has filed for its long-awaited public offering. The Seattle, Wash.-based company will seek a maximum in proceeds from the offering. The company’s S-1 says Avalara lost $64.1 million for the year ended December 31, compared to a loss of $57.9 million for 2016.
XERO REPORTS FIRST EBITDA
- Wednesday, 09 May 2018
- News and Analysis
- Written by mark
Xero recorded its first positive EBITDA ever for the year ended March 31, about $18 million. The New Zealand-based cloud software company also slashed its net loss to roughly $19.3 million for fiscal 2018, 60-percent lower than the red ink in 2017.
SAP MAKES ANOTHER BYD RUN
- Wednesday, 09 May 2018
- News and Analysis
- Written by mark
Last year, a sign at SAP’s Sapphire conference declared the often-ridiculed Business ByDesign alive and kicking. Despite a shortage of publicly released info, ByD does seem to have experienced a sudden attack of health.
INFOR CO-PRESIDENT ANGOVE EXITS
- Tuesday, 08 May 2018
- News and Analysis
- Written by mark
Duncan Angove, who has served as president of Infor, has left the software company. Infor said in a filing this week with the SEC the executive left on May 4. The reason given was the classic pursuing other opportunities.
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