News and Analysis

News and Analysis (15703)

APTEAN GETS NEW CEO

Kim Eaton, ApteanAptean, which markets a smorgasbord of ERP ad CRM software, has named Kim Eaton as CEO. Eaton joined Aptean in August as COO. Before joining Aptean, she worked as SVP at NCR Corporation's Hospitality Division. Eaton takes over from Paul Ilse, who joined Aptean in March 2013 and led the company through the merger of CDC Software and Consona.

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WHAT HAPPENED TO GEMACCOUNTS?

Ken Del Gobbo,  GemAccountsReaders may remember GemAccounts, an Australian financial software vendor that was moving into the United States. That was in 2013 and the last time I wrote querying about what has happened with the company that drew a response from Ken Del Gobbo, an industry veteran who had worked at AccountMate and later Acumatica. Del Gobbo was named as president of the cloud-based company's North American operations in October 2013 and said that things were happening, although he was not terribly specific.

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WADE STARTS CONSULTING FIRM

Pat Wade, 180 SystemsAfter almost 30 years working for reseller organizations, Pat Wade, former president of Equation Technologies, has become principal of Toronto, Ontario-based 180 Systems. According to her LinkedIn page, 180 Systems has "independent ERP consultants that assist organizations in business process improvement, system selection, business case development, project management and ERP expert witness testimony."

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QBO VP HICKS LEAVING INTUIT?

Terry Hicks, IntuitTerry Hicks is reportedly leaving Intuit after 15 years with the company. Perhaps more interesting is that Hicks has been VP and GM of QuickBooks Online since August 2013 and it would hard to name a job that has more prominence right now outside of the top executive ranks. Hicks has had some pretty hefty titles since joining the tax and accounting software company in February 2000.

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SON OF QUICKBOOKS CONNECT

IntuitIntuit is taking the name of last fall's QuickBooks Connect conference and applying it to a 15-day mini-conference tour that starts next week. Certification and training will be available in 14 of the 15 towns and there will be presentations by software vendors and well-known industry speakers. The one exception to the general format occurs on January 7 at the Omni Providence Hotel in Providence, Rhode Island. ProAdvisor. Certification and testing will not be offered at this event.

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ACCUBUILD OUT TO GROW CHANNEL

Brant Wadsworth, AccuBuildBrant Wadsworth, a longtime Sage construction software reseller, has joined AccuBuild Construction Software to grow that company’s channel. Wadsworth has teamed up with the Phoenix, Ariz., area-based software company last month after spending from February 2001 to October 2014 as president of Digitek Solutions, a Sage construction software reseller that he founded, which based in Gilbert, Ariz.

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NET@WORK TAKES ON NETSUITE

Alex Solomon, Net@Work One of largest Sage-only resellers is no longer Sage only. Net@Work has picked up NetSuite's cloud-based application. This week, the New York City-based VAR posted an advertisement on LinkedIn for "Sales Executive Position – SaaS ERP (NetSuite)" which tells the story. The ad talks about filling multiple positions with "experienced sales executives".

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PROJECT AX SEEKS TO BE AX POWER

Thomas Ajspur, Project AXWith its acquisition of two Dynamics channel members this month, Project AX aims to be the largest Dynamics AX reseller in the United States. The firm acquired Atlanta, Ga.-based Celenia Software, and Englewood Colo.-based MBS Dev this month. Terms were not disclosed. Celenia, with more than 125 employees, will operate under its own name as a division of Pax under its CEO Karina Neilsen, who is now president of the Celenia division of Pax.

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XERO STOCK 2014: UP THEN, OUCH

Rod Drury, Xero A chart showing Xero's stock performance for 2014 looks like a drawing by someone playing with fractals. There's a steep, jagged upturn to a brief peak, followed by a steep (but not quite as steep) downturn The opening price today was $15.70, far closer to its $15-per-share low than the $45.99-per-share all-time high reached in mid Spring. That's unlikely to change much by January 1.

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SILVERSUN FILES $8.5M OFFERING

Mark Meller, SilverSun TechnologiesSilverSun Technologies, parent of Sage reseller SWK Technologies, has filed for a public offering to raise $8,533,000 through the sale of securities. But beyond merely raising money, the company plans to simplify its capital structure and get out of the bargain basement of stock listings and onto NASDAQ. Most of the offering, $8.05 million, will come from the sale of Class A Common Stock and the rest from warrants for that class of stock.

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