BobWScott

BobWScott

AVALARA TO STAY ON M&A TRAIL

Avalara will continue to invest in acquisitions this year, CFO Ross Tennenbaum said this week. Tennenbaum made the comment as the sales tax company published guidance for the rest of. 2021 during a webcast for earnings for the first quarter ended March 31.

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BILL.COM BUYING DIVVY FOR $2.5B

As it announced a revenue increase of 44.9 percent for the third quarter ended March 31, payments vendor Bill.com also said it will acquire Divvy. Divvy offers expense management and budgeting software, combined with smart corporate cards.

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ORACLE ENHANCES ANALYICS

Oracle has introduced explainable machine learning, among several new features in the Oracle Analytics Cloud. Users can now access simple explanations of factors that influenced a model to predict a certain outcome and they can adjust factors to fine-tune results.

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