News and Analysis

News and Analysis (15677)

AVIDXCHANGE PICKS VP

Heather Caudill, AvidXchange AvidXchange has promoted Heather Caudill to the post oSVP of relationship management. Caudill has worked with the company since December 2002. She has spent the last six years in the professional services area of Charlotte, N.C.-based AvidXchange.

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COLUMBUS UP DESPITE U.S.

Thomas Honoré, Columbus Denmark-based reseller Columbus showed decent revenue growth for the nine months ended September 30 despite a slowdown in the SMB business in the United States. The company this week reported before tax profit of roughly $9.6 million for the reported period, up 4 percent from a year earlier.

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SAGE NAMES PARTNER EXEC

SageSage has hired Julie Carman as head of global strategic alliances for accountants. Carman joined Sage in October, coming from Intapp where she was senior director, business development global accounting and consulting segment from March 2016 through July this year.

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ACUMATICA ALLY VISMA PROSPERS

Øystein Moan, VismaSwedish software maker Visma, which utilizes Acumatica for a major cloud product, has been growing rapidly. The company adopted the Acumatica platform in 2013 as its cloud-based Visma.net and has also been growing by acquisition since.

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AVALARA EXEC MOVES TO YAYPAY

Patrick Falle, YayPayPatrick Falle, a founding investor in Avalara, has joined YayPay as chief revenue officer. YayPay, which makes accounts receivable management products, raised $5.3 million in capital in September.

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BLACKBAUD HIKES EARNINGS

Mike Gianoni, BlackbaudThe story was one of good, old-fashioned revenue growing faster than expenses for Blackbaud for the third quarter ended September 30. The result was net income rose to $12.5 million for the most recently ended period, an increase of 40.4 percent from $8.9 million a year earlier.

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INTUIT BUYS SALES TAX COMPANY

Jonathan Barsade, ExactorIntuit has agreed to buy Exactor, which makes cloud-based sales-and-use tax software. Exactor will be integrated into QuickBooks Online to serve retail customers. Terms were not disclosed.

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EPICOR DEMOS AUTOMOTIVE ECATALOG

 Scott Thompson, Epicor SoftwareEpicor is demonstrating what it calls the Catalog of the Future of the aftermarket auto products business. Utilizing a new interface, the systems enables parts professionals and technicians to use a tablet computer or wearable device to inspect vehicle systems directly from the service bay.

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JOBBOSS TO USE CENTERPOINT

Ken Hilton, Red Wing SoftwareJobBoss, which makes manufacturing software, has agreed to utilize CenterPoint Payroll from Red Wing Software. The Red Wing application will replace the current JobBoss Payroll offering.

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DYNAMICS REVS UP 13 PERCENT

MicrosoftDynamics revenue rose by 13 percent for the first quarter ended September 30, Microsoft said this week. The software company said that stemmed from 69 percent year-over-year growth of Dynamics 365.

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