News and Analysis

News and Analysis (15628)

AVALARA IN CHANNEL REORG

AvaFalle Patrick, Avalaralara has named Patrick Falle as North American Channel Chief as the company reorganizes its channel. Falle takes over from Pascal Van Dooren, who had been handling all channel duties but now is responsible for overseeing global channel efforts. Falle, a founding investor of the Bainbridge, Island, Wash.-based company, takes over recruiting more reselling, development and accounting partners in North America and internationally.

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INTUIT BOOMS IN THE CLOUD

Brad Smith, IntuitA flurry of bad press about Intuit's TurboTax applications has ended up as sound and fury and you know the rest. Intuit rolled on with its online applications for the second quarter ended January 31 with results headed up. "Our financial results are strong. The growth of QuickBooks Online subscribers is continuing to accelerate," CEO Brad Smith said during this week's earnings webcast.

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SAGE ONE GOES SUBSAHARAN

Steven Cohen, Sage PastelSage One Accounting has been introduced in several markets in sub Saharan Africa. The cloud-based package is being made available through a deal between Sage Pastel Accounting and MTN Business. I bring this up because we don't hear a lot about Sage One in the United States and this is a worldwide product. Given the dominance of Intuit in this market and the fact Xero is the fast-growing second banana, it will probably take a different approach for the low-cost Sage product to have much impact here.

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ARMANINO NAMED TOP ADAPTIVE VAR

ArmaninoArmanino has been named Adaptive Insights' Partner of the Year for 2014. The San Ramon, Calif.-based accounting firm only picked up the line in April so that's a pretty good record. My impression is that, especially on the technology consulting side, whatever Armanino decides to do it ramps up quickly and does extremely well. Palo Alto Calif.-based Adaptive also named Intuitive Tek as Partner of the Region for North America.

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ISVS ADOPT ACUMATICA PLATFORM

 Accumatica.Five ISVs have adopted the Acumatica Cloud xRP platform as the engine for developing new applications. Acumatica says there are now more than 50 ISVs and OEMs in the program. One of the more notable members of the effort is Australia's MYOB, which made a $13 million investment in Acumatica last year. The down-under company utilized Acumatica as the engine for its recently introduced online MYOB Advanced, designed for the mid-market.

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PRIVATE EQUITY AND CLOUD ERP

Kathy Crusco,  Epicor An intriguing question was asked during this week's Epicor earnings webcast. An analyst queried Epicor CFO Kathy Crusco about whether the company's current capital structure "is IPO dependent." Crusco replied, "It is not IPO dependent." Epicor is widely believed to be on the block, presumably private equity group Apax Partners wants to cash out.

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SALES EXECUTION DENTS EPICOR

Peter Elmgren, EpicorSales execution in the United State impacted Epicor's ERP revenue  for 2014, the company said in this week's conference call. Epcior had previous reported the quarterly numbers but its earnings calls generally lag the reports by several days. CEO Joseph Cowan said a new head of U.S. sales had been hired, although he gave no names. However, LinkedIn shows Peter Elmgren joined Epicor as VP of sales in December.

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BCS/PROSOFT NABS DELTEK HONOR

Clark Haley, BCS ProSoft BCS/ProSoft has received the Deltek Growth Leader of the Year award for 2015. The award went to the San Antonio, Texas-based VAR headed by Clark Haley for its sales of Deltek Vision. Herndon, Va.-based Deltek, which markets software for project-based businesses, named PDS Consulting Solutions of Knoxville, Tenn., as GovCon Partner of the Year. This week, Deltek also selected 15 resellers as its 2015 GovCon and Vision Premier Partners.

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ECONOMY SAPS PRODWARE RESULTS

ProdwareA weak economic climate pushed revenue for the Prodware Group, a Dynamics and Sage VAR, down 1.1 percent to about $197.9 million in 2014. However, company-wide revenue was up 2.1 percent on a like-for-like basis. The company did not issue any earnings figures in issuing unaudited results for the year ended December 31. More than half of revenue—54.3 percent or about $107.5 million—which was up 3.9 percent on a like-for-like basis, came from French-speaking areas.

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SUGARCRM NAMES ELITE PARTNERS

SUGARCRMSugarCRM has named 18 resellers as Elite Partners. The company says these VARs have built large-scale growing businesses that provide consulting, implementation, integration, training and development services for Sugar. They also meet or exceed standards for technical proficiency and professional certification in Sugar products.

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