NetSuite has hired Lee Thompson as SVP of its Asia Pacific Japan business. Well, earlier this month the company said International business would be a focus of growth this year. It didn't waste time as it also opened a larger Asian HQ in Singapore and said it had added channel throughout the region. The company intends to add to the 1,000 employees in the region. Thompson was operating officer at Technology One from January through October in 2014.

ADSS Global has decided to sell only Sage business applications.  The Miami, Fla., and Exton, Pa.-based reseller had also sold NetSuite, but that cloud-based product disappeared from the list submitted by the company in the fall with its VAR Star submission. With $27 million in revenue for 2014, ADSS is the largest Sage only-VAR at a time when most of the big players have added other financial packages, particularly web-based ones.

Bill.com, which markets invoicing services, has closed a $50-million financing round. The company intends to use the proceeds to fuel growth on the heels of doubling its business in the last 12 months. The latest infusion of capital brings the amount it has raised to more than $100 million. Funds came from Silicon Valley Bank, which joined existing investors DCM Ventures, Scale Venture Partners, August Capital, Napier Park Global Capital, American Express Ventures and Commerce Ventures.

Australia-based Reckon, one of the online accounting pack, saw a 3-percent decrease in net earnings for the year ended December 31 on a 3-percent rise in revenue. On the glass half-full side, non-IFRS basis earnings were up 5 percent. Either way you look at it, the bottom line was about $20 million as the difference between non-IFRS and IFRS was in the 2013 results.