News and Analysis

News and Analysis (15669)

RKL BUYS ACCUVAR

Joanne Wasak, AccuvarRKL eSolutions has acquired Sage reseller Accuvar. Lancaster, Pa.-based RKL picked up the latter's San Francisco Bay area and Sacramento offices, along with 12 employees and more than 170 customers. It also left Clients First Business Solutions without a California office. RKL president Joe Noll said that besides expanding the company's geographic presence it provides his firm's customers the area with access to its personnel more quickly.

Read more...

SLEETER GROUP SOLD

Doug Sleeter, The Sleeter GroupThe Sleeter Group, which has been known for its annual small business accounting show, has been acquired by Diversified Communications. The purchaser is described as a family-owned, international media company. Founder Doug Sleeter remains with the company and his staff will continue working from the Pleasanton, Calif., office under the new ownership.

Read more...

CLOUD HURTS INFOR REVENUE

Charles Phillips, InforThe transition to the cloud held down Infor's results for the third quarter ended January 31. But that's a short-term result as the company expects a longer-term return. The company boosted net income to $51.3 million for the most recently ended period, up 66.5 percent from $31.9 million, helped along by $40.8 million in interest income this year, compared to $23.3 million a year earlier, spurred by currency changes.

Read more...

SAGE NAMES PAYMENTS CEO

Paul Bridgewater, SageSage North America has named Paul Bridgewater as CEO of Sage Payment Solutions. And with his naming we are seeing an elevation of certain operating areas because the previous head of payments, Greg Hammermaster in August was president, not CEO and Bridgewater reports to North American CEO Pascal Houillon. Similarly, Jim Emerick joins in the newly created position of EVP of customer support for this continent.

Read more...

ARXIS BUILDS STAFF

arxisArxis Technology, a software reseller based in Simi Valley, Calif., has hired six employees to support its growth. That brings the staff to about 40. Four consultants were added to the implementation team and two employees joined the marketing and sales team. Consultants include Kevin Curren, who will be provide implementation and development support for Sage 500 ERP projects, and Rafael Mestre, who will focus on ERP implementations in the manufacturing and supply chain industries.

Read more...

SAGE USING SALESFORCE

Santiago Solanas, SageThe Sage Group has entered an agreement to use Salesforce's Customer Success Platform globally. In a brief announcement this week, the British parent of Sage North America said the platform "will provide data management systems that will enhance Sage's internal systems architecture, leading to operational improvement and an enhanced view of customers, both existing and new."

Read more...

EDGEWATER M'SFT BIZ STRONG

Shirley Singleton, Edgewater TechnologyThe Microsoft business of Edgewater Technology boomed for the year ended December 31. CEO Shirley Singleton said in this week's earnings webcast that Dynamics AX service revenue, for example, was up 35 percent for the year. And overall, she said business is looking more like it did pre-recession. "Deal sizes are getting larger and longer in duration," Singleton said.

Read more...

UXC TARGETS U.S. GROWTH

Cris Nicolli, UXC UXC wants to grow its business in the United States to $78 million a year. That's a nice round $100 million Australian as outlined this week in remarks made by managing director Cris Nicolli during a webcast for earnings for the first half ended December 31. Nicolli said revenue for this country for the half was about $13.3 million ($17 million Australian) which would annualize to roughly $26 million.

Read more...

DELTEK TO BUY HRSMART

Mark Hamdan, HRsmartDeltek plans to buy HRsmart, which offers unified talent management acquisitions. That means the online applications cover recruiting, onboarding, training, compensating and developing employees. Herndon, Va.-based Deltek, which markets financial applications for project-based businesses, says it will sell, support and develop the acquired company's products.

Read more...

SAGE CUT PAYMENTS SALES REPS

SageSage has eliminated its Field Sales team for payments. A spokesperson said the company notified the reps last week and at the same time is ramping up its telesales staff. "We made this decision based on the fact that a significantly higher number of deals are signed by our telesales team versus our direct field sales team," she said. Cross-selling payment services has been a major revenue producer for Sage—representing about 20 percent of North American revenue.

Read more...

Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.