News and Analysis

News and Analysis (15713)

AICPA'S CITP GETTING REAL

After many years in which members got their tech union card without the need for a test, the American Institute of CPAs is rolling out its exam for the Certified Information Technology Professional credential. Right now, there are 1,800 CITPs and other than their technology experience they have one thing in common – they didn't have to take a test to add the credential to their name and they never will since they are forever grandfathered.

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BIG INTUIT INVESTOR SELLS

David BatchelderHaving covered the way Relational Investors forced its way onto the Intuit board a couple of years ago, I lost track of the firm's holdings.  Relational has been known as an expert in corporate governance. In the case of other companies, it has bought enough share to wind up on the board by threatening proxy fights and it has claimed some CEO heads; obviously not at Intuit. Read more...

FISHBOWL, EFILECABINET ALLY

Fishbowl Inventory and eFileCabinet have signed an agreement to sell each other's products and are developing an integration that will be launched at Intuit's Summit 2011 conference in October. Fishbowl customers will be able to order features of the eFileCabinet document management system via through account representatives. The official announcement said the integration would cut down on the need to enter the same data in the two programs. And that seemed to cover everything of value in the integration.

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QLIK TECHNOLOGIES DROPS TO LOSS

qlikview logoQLIK Technologies, which markets QlikView, lost $2.2 million for the second quarter ended June 30, a sharp swing from net income of $3.5 million in last year’s corresponding period. Revenue for the most recently period was $74 million, an increase of 45 percent from $51.1 million a year earlier. Read more...

BYD TARGETS PRO SERVICES

Frank Iannotti With feature pak of Business ByDesign 3.0, SAP is making a big push for serving professional services. That's not an area the German software giant has been strong in, acknowledged Frank Iannotti, North American VP for- Business ByDesign. Previously that market was a much stronger arena for Lawson Software, PeopleSoft and Oracle. Read more...

SAGE NAMES NEW SIMPLY CHIEF

Nancy HarrisSage North America has named Nancy Harris, most recently chief operating officer at ESO Solutions, as VP and general manager of Sage Simply Accounting. Harris replaces Jamie Sutherland, who resigned the position in April, as mentioned elsewhere in this newsletter. Harris runs pretty much everything related to Simply, a low-end accounting system that is sold principally in Canada. Before the stint at ESO, she spent nearly a decade with Asure Software. Read more...

DELTEK PICKS GOVCON HEAD

om MazichDeltek has hired Tom Mazich as the new EVP and GM of its GovCon business unit.  And for many of our readers, his appointment is probably more important for the fact that he replaces Carolyn Parent, who was forced out earlier this year, along with Richard Lowrey. Read more...

BMI WINS IMIS AWARD

Interdyn logoInterDyn BMI was given two awards at the 13th annual Innovations conference of Advanced Solutions International in May. ASI, which markets the iMis product line, gave BMI the award for Vertical Innovation and also named the reseller to the 2010 Chairman’s Circle. Read more...

BUYING DELAYS PUNISH SERENIC

After ending 2011 on a good note, Serenic slipped to a $177,375 loss for the first quarter ended May 30 on a 17.4-percent drop in revenue. The loss was in contrast to net income of $8.888 in last year's corresponding period. Read more...

SUTHERLAND TO HEAD U.S. XERO OPS

Jamie SutherlandXero, an online accounting system based in New Zealand, is moving into the United States market. The company named a managing director for this country during last month’s annual meeting and while the name wasn’t officially released then, it didn't take long to come up with the name, Jamie Sutherland, who had led the Sage Simply Accounting effort, as the person who got the job.

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