News and Analysis (15710)
INTUIT PUSHES QB DESKTOP SUBS
- Friday, 07 August 2020
- News and Analysis
- Written by BobWScott
Intuit is encouraging users of QuickBooks Desktop 2021 to purchase via subscription. In addition, QB Desktop Plus subscriptions will be available only in stores.
DIGITAL CPA EVENT NOW VIRTUAL
- Friday, 07 August 2020
- News and Analysis
- Written by BobWScott
The Digital CPA conference is going virtual on December 8. The change from an on-premise event was recently announced by the hosts, the American Institute of CPAs and CPA.com. A virtual November 12 pre-conference session on remote work is also scheduled.
AVALARA MOVES TO ROI STORY
- Thursday, 06 August 2020
- News and Analysis
- Written by BobWScott
Avalara has adopted a message stressing the return on investment its indirect tax systems can provide, according to CEO Scott McFarlane. He made the comments during this week’s webcast for the company’s second quarter ended June 30.
STOCK AWARDS BOOST REPAY COMP
- Wednesday, 05 August 2020
- News and Analysis
- Written by BobWScott
Stock awards provided executives of Repay Holdings a huge boost in compensation for 2019. Repay, which has purchased a number of payment companies including American Payment Systems, provided the compensation informatoin for its named executives recently in a proxy filed with the SEC.
AVALARA TO RAISE $500 MILLION
- Wednesday, 05 August 2020
- News and Analysis
- Written by BobWScott
Avalara will sell $500 million shares in a public offering, the company said this week. The company seems to have M&A on its mind, although it has not revealed anything specific.
PAYA GOES PUBLIC VIA M&A
- Monday, 03 August 2020
- News and Analysis
- Written by BobWScott
Payments company Paya has gone public through its acquisition by a public company with no prior revenue. Paya, which was spun out of Sage as the former Sage Payments operation is being purchased via a $235 million common stock private placement by an investor group that includes Franklin Templeton and Wellington Management Company LLP.
SAP CLOUD REVS UP 21 PERCENT
- Friday, 31 July 2020
- News and Analysis
- Written by BobWScott
SAP reported a 6-percent rise in after-tax profit on a 2-percent increase in revenue for the second quarter ended June 30. That was driven by a 21-percent increase in cloud revenue.
B’BAUD FIELDS NEW PRICING, FINANCING OFFERS
- Thursday, 30 July 2020
- News and Analysis
- Written by BobWScott
Blackbaud has introduced new pricing and financing offers because of the COVID-19 pandemic. That information was part of the discussion on the webcasts for the results of the second quarter ended June 30 for the nonprofit software company.
VERTEX PRICE TOPS ESTIMATES
- Thursday, 30 July 2020
- News and Analysis
- Written by BobWScott
Vertex has priced its initial public offering at $19 per share, topping the $14-to-$16 per share estimates from earlier this month. Shares started trading this week on the Nasdaq Global Market and were trading at $24 per share as this report was written.
BLACKBAUD PAID RANSOM FOR DATA
- Thursday, 30 July 2020
- News and Analysis
- Written by BobWScott
Blackbaud paid ransomware attackers, the nonprofit software company said this month. Blackbaud said it discovered and stopped an attack in May and prevented it from blocking system access and fully encrypting files.
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