
News and Analysis (15659)
INTACCT CHANNEL BOX SCORE
- Thursday, 22 September 2011
- News and Analysis
- Written by mark
Intacct, the online software vendor, continues to dole out announcements of its channel signings. In the steady of trickle of announcements for this month was news of the addition of three channel members. These are Business Solutions, a Springfield, Mo.-based reseller, whose markets include restaurant franchises, financial institutions, healthcare and other services industries. I
XERO INITIATIVE CONTINUES
- Thursday, 22 September 2011
- News and Analysis
- Written by mark
Keep an eye on Xero, the New Zealand-based company that markets an online accounting application. As mentioned in a prior newsletter even though this is nominally a low-end package, Jim Bourke, principal of WithumSmith-Brown, says it can compete effectively further upstream. Next month, Jamie Sutherland, who formerly ran Sage’s Simply Accounting efforts, is scheduled to take over as managing director for the United States. Meanwhile, CEO Rod Drury continues his American buzz building and is speaking at the Sleeter Group’s conference in Las Vegas in early November. Also, the company recently completed a significant upgrade to its hosting architecture, which it said represents a major step in the scaling of Xero’s database platform and a faster underlying storage layer.
SAGE: ECONOMIC PESSIMISM BUT ...
- Thursday, 22 September 2011
- News and Analysis
- Written by mark
A survey of more than 10,000 businesses by the Sage Group found that there is a decline in confidence in global and local economic conditions. But the poll, taken across much of the world including North America, showed that many businesses are cautiously optimistic about the prospects for their own operations and that the performance of most businesses held steady or improved over the last six months.
Read more...INTUIT GRAPPLES WITH OUTAGES
- Thursday, 22 September 2011
- News and Analysis
- Written by mark
Intuit has been fighting outages that affect its payment processing operations. And while this isn’t specifically about mid-market financial software, it points out the difficulties that companies in general, and Intuit specifically, face in the move toward online services. The Intuit problems have included both outages and slowdown in service for Merchant Services and the company’s Billing Manager.
AVALARA COMPLETES $21M FUNDING ROUND
- Tuesday, 20 September 2011
- News and Analysis
- Written by mark
Avalara has completed a $21-million-funding round that the sales-and-use-tax vendor began in the spring. Documents filed with the SEC show that only $30,014 in equity remained unsold out of the original offering of $21,250,001. The first sale of stock by the privately held company was completed on April 15 in a year in which it has been stocking up on executives, including its new president, Kevin Riegelsberger.
EPICOR DISMISSES 265
- Thursday, 15 September 2011
- News and Analysis
- Written by mark
Not surprisingly, the merger of Epicor and Activant claimed some jobs at the new company, which maintained the name Epicor Software. Besides saying goodbye to several Epicor executives and replacing them with Activant talent, the new Epicor dismissed 265 employees and the company took about a $3.4 million restructuring charge between May 16 and June 30 and anticipates recording “significant restructuring charges within the next three to six months.” It also expects to close an unspecified facility and take a charge for that.
INFOR DISPLACED DYNAMICS CRM
- Thursday, 15 September 2011
- News and Analysis
- Written by mark
The last issue noted that Infor had entered an alliance with Saleforce.com to utilize its Force.com platform to produce CRM software. It also noted that earlier this year that Infor had released Infor Business CRM, which is based on Microsoft’s Dynamics CRM. An Infor spokesperson got back to me after deadline to explain the product positioning. It’s basically what you’d guess: Infor decided to go with Salesforce as the preferred product.
Read more...VAR STARS APPLICATIONS EXTENDED
- Thursday, 15 September 2011
- News and Analysis
- Written by mark
We're still taking applications for Bob Scott’s VAR Stars, a selection of 100 worthy resellers. For an application or further information, contact me at This email address is being protected from spambots. You need JavaScript enabled to view it.. Selection is based on growth, industry and professional recognition, leadership and reputation. Revenue is not a factor and resellers from one-person firms to the largest reselling organizations have been recognized in past selections. Candidates must have some phase of their business that involves the sale of midmarket ERP systems. So it's not too late, get those applications in.
Read more...VERSATA WINS SAP JUDGMENT
- Thursday, 15 September 2011
- News and Analysis
- Written by mark
Versata, which has put together an odd array of software companies, has received a $391 million court judgment from its patent infringement suit against SAP. The judgment was signed on September 9 by Judge Charles Everingham IV of the U.S. District Court for the Eastern District of Texas. Versata won a $138.6 million judgment against SAP in a jury trial in August 2009, but that verdict was set aside and a second trial was held in May 2011. The second judgment includes $260 million awarded for lost profits and $85 million in reasonable royalties based on a finding that SAP infringed on a Versata patent related to pricing technology. The jury also found that SAP products that were redesigned in May 2010 continued to infringe on the same patent. The judgment includes more than $63 million in prejudgment interest. SAP had previously said it would appeal the judgment.
Read more...NEW LIFE FOR ACCOUNTANT PROGRAMS
- Thursday, 15 September 2011
- News and Analysis
- Written by mark
Accountant programs have hardly disappeared. But right now there seems to be a renewed interest in using accounting professionals for their ability to refer business to software vendors. In this category is Cougar Mountain Software’s recent revitalization of its program. Growing accountant relations was also part of the goal discussed with Acumatica’s acquisition of funding. And with Avalara’s hiring of Brian Austin as director of accountant and industry relations, the sales-and-use tax vendor said it is building its accountant programs.
Most Read
-
-
May 19 2021
-
Written by BobWScott
-
-
-
May 22 2017
-
Written by mark
-
-
-
May 22 2017
-
Written by BobWScott
-
-
-
May 25 2016
-
Written by mark
-