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News and Analysis

News and Analysis (15669)

SOCIUS ADDS AFFILIATE

sociusSocius has accepted a new member into its Affiliate network. The Dublin, Ohio-based Dynamics Master VAR says it has accepted Vancouver, B.C.-based 2B Diverse Workplace Integration Solutions into Socius Affiliate Services. Now, there is a phrase we have not seen much lately "Master VAR".

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ROSE FIELDS TRIMMER HOSTING

Linda Rose, RoseASPRoseASP has introduced hosting plans for companies that don't have the same needs of its larger customers in regulated fields. "We have slimmed down our offering," says Linda Rose, CEO of the San Diego, Calif.-organization. The latest plans are DYNGPAZURE.com and DYNAVAZURE.com for the Dynamics GP and NAV systems respectively.

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NEW HEAD AT EVERYDAYHERO

Jerry Needel,EverydayheroBlackbaud has named Jerry Needel as president of Everydayhero, its subsidiary that markets crowdfundraising products. Before moving to the new job, Needel had worked at Indiegogo, in the online fundraising arenas. From October 2012 through April 2015, he served as SVP of sales and marketing.

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ACUMATICA STRIKES OEM DEAL

Christian Lindberg, AcumaticaAcumatica has entered an OEM Alliance with Censof Holdings Berhad, a software vendor based in Malaysia. This is the latest in Acumatica's expansion via companies that agree to utilize its financial software as a basis for their products. According to the announcement, "Censof is continuing its aggressive expansion across the globe to establish major positions in both advanced and emerging markets."

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RANDOM THOUGHTS: BRAD PITT

Brad PittYesterday was the kind of day when my get up and go had fallen and could not get up. ... With states having difficult experiences with lethal injection, there's some talk about bringing back some other execution methods with a modern twist. In particular, there is hope for the clap-on, clap-off electric chair. ... News reports say that Hilary Clinton is preparing for the first presidential debate as if it were a reality show

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LICENSE SALES HURT QAD

QADA 25-percent decline in license revenue, combined with a 10-percent drop in service income pushed QAD to a 2.1-percent fall in revenue for the second quarter ended July 31. Revenue for the manufacturing software vendor fell to just under $70 million for the most recently ended period, down from $71.3 million.

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FINANCIALFORCE GET SALES VP

Chris Lee, FinancialForceFinancialForce has hired Chris Lee as VP of strategic sales. In that role, he is responsible for the company's Enterprise and General Business sales groups He was VP and GM for North America for DocuSign's financial services organization from July 2014 through September 2016. Before that, he was strategic account manager for Salesforce.com from April 2003 through July 2010 and VP of enterprise sales from July 2010 through July 2014.

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INTUIT ENVISIONS FIRM FUTURE

CeCe morken, IntuitIntuit is envisioning QuickBooks Online Accountant as a platform to unify the software operations of tax and accounting firms. The view the future was outlined this week by EVP CeCe Morken at Intuit's investor day last week. Morken noted accountants utilize separate applications for tax preparation, accounting and practice management.

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FRESHBOOKS GETS NEW DESIGN

FreshbooksFreshBooks, which makes cloud-based accounting software, has launched a new version that is targeted at the self-employed. The Ontario-based company says the product has a new interface and new features, which include redesigned mobile apps for iOS and Android and reimagined invoices.

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AVALARA RAISES $96 MILLION

Scott McFarlane, Avalara Sales tax vendor Avalara has raised $96 million in new capital. Fifty million of that will be used to fund growth and acquisitions while the remainder was used to repurchase shares from early investors. The latest round of financing brings the total raised by the Seattle, Wash.-based company to $300 million.

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