News and Analysis (15628)
CLOUD PUSHES QAD 3Q REVENUE
- Friday, 01 December 2017
- News and Analysis
- Written by PMG Admin
Manufacturing software Vendor QAD reported a loss of $161,000 for the third quarter ended October 31, compared to earnings of $1.5 million a year earlier. Revenue increased to $76.9 million in the most recently ended period, a gain of 10.9 percent from $69.5 million a year earlier.
DELTEK NAMES HARDT AS CMO
- Friday, 01 December 2017
- News and Analysis
- Written by mark
Deltek has hired Perry Hardt as its chief marketing officer. Hardt, who reports to CEO Mike Corkery, was most recently VP of global marketing and demand generation where he had worked since July 2015.
AVIDXCHANGE BUYS ARIETT
- Thursday, 30 November 2017
- News and Analysis
- Written by mark
Accounts payable software company AvidXchange has purchased Ariett Business Solutions. Based in Pembroke, Mass. Founded in 2005, Ariett markets cloud-based payment, procurement software, along with time and expense software and other applications.
PAY DOWN FOR INTUIT EXECS
- Thursday, 30 November 2017
- News and Analysis
- Written by mark
Four Intuit executives saw compensation decline for the year ended July 31. Leading the downturn was CEO Brad Smith whose take fell to $16.4 million, down 12.8 percent from $18.8 million for fiscal 2016.
COLUMBUS TO BUY GLOBAL FIRM
- Thursday, 30 November 2017
- News and Analysis
- Written by mark
Columbus has made an offer to buy iStone, a firm based in Sweden with 600 employees that operates globally. It represents a substantial expansion for the Denmark-based Columbus which had 1,200 employees when the first half ended on June 30.
ABILA PARENT SETS CONFAB
- Thursday, 30 November 2017
- News and Analysis
- Written by mark
Community Brands, the parent of nonprofit software company Abila, is planning its first conference. Assembled earlier this year, Community Brands' first user conference, 2018 Xperience will be held May 6 through May 9 in Orlando, Fla.
ISV DIRECTOR MICHALSKI LEAVES SAGE
- Tuesday, 28 November 2017
- News and Analysis
- Written by mark
Joe Michalski, who served as director of ISVs for Sage North America, has left the company. He had been with the software company since August 2011. When he joined Sage, Michalski was director of strategic alliances for Sage Payment Solutions, since spun off.
INFOR EXPECTS MODEST 1Q GROWTH
- Wednesday, 22 November 2017
- News and Analysis
- Written by PMG Admin
Infor expects to report revenue growth of 7.5 percent to 8.9 percent for the second quarter ended October 31. The software company says software license fees and subscription revenue will grow by 10.7 percent to 13.4 percent over a year ago.
CLOUD, INTACCT BOOST SAGE YEAR
- Wednesday, 22 November 2017
- News and Analysis
- Written by mark
Sage had a good year for the 12 months ended September 30, reporting 6-percent growth in organic revenue this week. That includes results from the spun off North American Payments business.
QBES SHOWS STRENGTH
- Tuesday, 21 November 2017
- News and Analysis
- Written by mark
Intuit has not said much about QuickBooks Enterprise Solutions in a long time. That changed this week when CEO Brad Smith gave it a strong endorsement during his company's earnings webcast for the first quarter ended October 31.
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