News and Analysis

News and Analysis (15657)

SAGE NAMES ACCOUNTANT VP

Ray Barlow, SageSage North America has hired Ray Barlow, a long-time CCH executive, as VP of accountant solutions. Barlow had lead Intuit's Accountant & Advisor Group starting in September 2013. Barlow's job at Intuit was described as building and leading "a team of Strategic Account Managers, Product Specialists, and Inside Account Managers to provide accountants with the products, programs, and services needed for their success." At Sage, he has responsibility for the accountant business in North America.

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COLUMBUS HIRES ELDRIDGE AS SALES EVP

Ken Eldridge, ColumbusDanish Dynamics reseller Columbus has hired industry veteran Ken Eldridge as sales EVP. Eldridge will be based in the company's Norwell, Mass., office and his hiring represents another move by Columbus to turn around its operations in this country. He was EVP and partner at Sopris Systems from January 2013 until taking the new job and was VP of sales and marketing for New York-based Queue Associates from November 2011 to November 2012.

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INTACCT PICKS PRESIDENT'S CLUB

IntacctOnline financial software vendor Intacct has named its President's Club for 2015. The list includes Radius, the San Jose, Calif.-based vendor's Accountants Program Partner of the Year for the second straight year and accounting firm, Armanino, the VAR Partner of the Year for 2014, also its second consecutive appearance in that role. Other organizations honored for performance were AcctTwo, Arxis Technology, Cargas, CliftonLarsonAllen, Frank, Rimerman + Co., JMT Consulting, Kianoff & Associates, LBMC Technology Solutions, Leap the Pond, Massey Consulting and McGladrey McGladrey.

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INFOR TO BUY GT NEXUS

Sean Feeney, GT NexusInfor plans to by GT Nexus, which was described as the world's largest cloud-based global commerce platform, for $675 million. Infor says the target has about 25,000 customers, including six of the top ten logistics service providers and 30 global financial institutions. Infor has acquired many companies over the years—this is the largest deal since it acquired Lawson for about $2 billion in 2011. GT Nexus had revenue of about $133.2 million in revenue for the year ended Dec. 31, 2014 and about $10 million in adjusted EBITDA. Infor expects to save about $8.7 million through cost cutting.

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KEYEDIN UPDATES MOBILE APP

  Kevin Hurley, KeyedIn SolutionsKeyedIn Solutions has introduced a new version of KeyedIn Projects Mobile, a companion to the company's KeyedIn Projects cloud-based software. The mobile app enables managers to access project status, drill-down into analytics to review and approve expenses. Features include the ability to photograph receipts and submit them with expense reports, select widgets to view program and project status and drill-down into project analytics.

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RECKON ONE HITS U.S.

Clive Rabie, Reckon Not much detail is available but Reckon One, the low-cost cloud product from Australia-based Reckon has been introduced into the United States. The PDF of the investor presentation for results for the company's first half ended June 30 has a simple bullet point "Reckon One launched into USA /Canada next target." No other details were shown. In a prepared statement, Reckon CEO Clive Rabie said the company has "made significant inroads into making Reckon One a contender in the online accounting software space." The company has introduced the online application into the United Kingdom, which it notes is a larger market than Australia and New Zealand has operated.

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SAGE'S WATERMAN JOINS AVALARA

Diana Waterman, AvalaraDiana Waterman, a long-time Sage channel manager, has joined Avalara. Waterman was director of partner program for Sage Accountant Solutions from April 2013 through April 2015. In that role, she managed the educational program for Sage's accountant program and the Sage 50 reseller channel. Before to that, she was director of partner programs from October 2004 through May 2013 and was responsible for North American channel marketing.

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SAGE CANADA LINKS SAGE 50-ONE

Connie Certusi, SageSage North America has integrated Sage 50 Accounting-Canadian Edition, the former Simply Accounting, with the cloud-based Sage One. The link enables customers to transfer files from Sage One to Sage 50 and, according to the press release, "facilitates the data synchronization of customers, vendors, products and services between the two software solutions and simplifies the setup of Sage One for customers with existing Sage 50 data." The other shoe to be dropped is obviously the former Peachtree now sold as the other application on this continent under the Sage 50 banner.

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DSD PICKS UP ACUMATICA

Doug Deane, DSD Business SolutionsDSD Business Solutions has announced it is now selling the Acumatica line. This is not quite a secret as the San Diego, Calif.-based reseller listed Acumatica, headed by president Doug Deane, as one of its product lines in its submission for Bob Scott's Top 100 VARs for 2015 (It made No. 55 with $8.41 million in revenue), which was published in early June. And while in July, Sage named a new Business Partner Advisory Council, it has work to do if it wants to bring significant resellers back into the Sage-only camp.

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SAGE NAMES CHANNEL COUNCIL

SageSage has named members to the reconstituted Business Partner Advisory Council. This is relatively old news, but I think important to deliver. A sore point with departed executives, North American CEO Pascal Houillon and SVP Joe Langner, was their perceived hostility to the channel and that included having disbanded the prior council. I should say that the failure of the company to put out press releases on this subject shows however much enthusiasm the leadership has about the channel, there was not enough to put out a press release about this. In any event, the council members are generally well-known members of the reselling community.

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