News and Analysis

News and Analysis (15657)

AVECTRA SIGNS VARS (2)

Avectra has signed CliftonLarsonAllen and Axis Integrated Solutions to resell Avectra's Social CRM to associations and nonprofit organizations.  The accounting firm  and St. Louis, Mo.-based Axis will offer the Avectra product in combination with Intacct's online accounting software.  CliftonLarsonAllen, based in Milwaukee, Wis. is offering the product lines through its outsourced accounting services for nonprofits.

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ABILA BUYS AVECTRA

Krista Endsley, AbilaAbila, the former Sage Nonprofit Solutions, has acquired Avectra, which makes CRM applications for associations and not-for-profits. Terms were not disclosed.

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QBES HAS GANGBUSTER YEAR

intuitQuickBooks Enterprise Solutions racked up its best year ever in terms of the increase of number of active users. The somewhat midmarket product had 92,000 active users when Intuit's year ended on July 31, an increase of 26,000 from 73,000 at the end of fiscal 2012. Sequentially, the year-end total was 8.2-percent higher than the 85,000 on the books at the end of the third quarter.

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AVALARA'S AUSTIN NAMED ITA DIRECTOR

Brian Austin, AvalaraBrian Austin, director of accountant and industry relations at Avalara, has been named to the board of directors of the Information Technology Alliance. Austin begins his three-year term next month. ITA is a two-pronged organization of accounting software resellers and consultants and the top 30 accounting firms, which I have generally described as the being the best and the brightest in the profession.

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KASEYA LOADS UP ON TALENT

Brian Murphy, KaseyaKaseya has picked up executive talent with experience at Oracle, NetSuite and Salesforce. Among the recent hires is Brian Murphy as chief sales officer. Murphy was most recently VP of software and services verticals for NetSuite where he started in 2012. His career before that included his stay at Deltek from 2006 through 2011 where he was VP of new business for North America.

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COLUMBUS U.S. REVS RISE 31 PERCENT

ColumbusThe business of Columbus in the United States outstripped the rate of growth for the company worldwide for the first half ended July 31. But while net income for the Denmark–based Dynamics reseller and developer grew by 65.6 percent, earnings in this country fell by 37 percent.

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ACUMATICA DEAL AVERAGE TO HIT $60K

AcumaticaAcumatica predicts the size of the average sale of the company's software will hit $60,000 by year's end. That compares to $51,012 at the end of the first year and $36,695 at the end of the first half of 2012.

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ACCOUNTMATE GETS PAYMENT ALLY

AccountMate AccountMate has signed an agreement with AvidXchange, which will provide users of AccountMate software with accounts payable and payment processing.

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ACUMATICA VAR EFFORT PICKS UP

Stijn Hendrikse, AcumaticaAcumatica has ramped up its channel recruiting over the last few months. The company said its worldwide channel has hit 221 organizations. Surprisingly, the Kirkland, Wash-based company says it had slowed down recruiting previously.

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BLACKBAUD CEO SELLS SHARES

 Marc Chardon, Blackbaud Blackbaud CEO Marc Chardon is cleaning out his share holdings in the maker of not-for-profit software. He sold 307,463 shares of the Charleston, S.C.-based company this month for an aggregate of $10.7 million, which he purchased by the exercise of options of $7.6 million. Chardon is leaving the company as soon as a replacement can be found and sold another large block of shares, 148,974, in May after the exercise of options. 

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