News and Analysis

News and Analysis (15628)

HOLLRAH JOINS INTAACT

Kent Hollrah, IntacctKent Hollrah, a veteran of the nonprofit software market, has joined cloud vendor Intacct to lead its NFP program. Hollrah had been president of Orange Leap, which makes software to manage donor and constituent relationships with nonprofits. "This is the fastest-growing part of Intacct's business," he said during this week's Intacct Advantage conference in Orlando, Fla. Hollrah was CEO with the former Micro Information Products, which marketed the MIP line now owned by Abila.

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COLUMBUS U.S REVS OFF DOUBLE DIGITS (2)

 Thomas Honoré, ColumbusConsulting and reselling firm Columbus says it is "executing a recovery plan" for its operations in the United States. That follows a 21.3-percent decline of sales here, reported in the company's financial results for the third quarter ended September 30. Columbus, based in Copenhagen, Denmark, described the efforts in this country as involving a "reorganization of their senior management structure, and a strengthening of the sales management and the sales team.

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PRODWARE OPERATING INCOME RISES

ProdwareProdware, a European Dynamics VAR, says operating income for the first half ended June 30 was about $12.3 million, an increase of 18.5 percent from the same period in 2013. Net income reached about $5.3 million, a decrease of 18.1 percent from last year's corresponding period. However, the year earlier results included a tax credit of roughly $1.1 million.

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FISHBOWL 2015 RELEASED

FishbowlInventory software vendor Fishbowl has introduced a new user interface with Fishbowl 2015. The company says Fishbowl Manufacturing and Fishbowl Warehouse "have been completely redesigned and updated with new module and toolbar icons, a new home screen", but wait there's more. Besides the new look there are speed and capacity improvements and the company has added an option to automatically commit inventory for orders, enabling the products to automatically reserve inventory for orders.

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NEED FOR LOCAL TAX SERVICE?

money imageA meal spent with two accountants from Kentucky at Thomson Reuters Synergy conference this week produced a discussion of an interesting problem. They complained at length about the lack of payroll packages that can accommodate multiple local taxes that apply to one individual's income. They pointed to the problems in the Blue Grass state where county taxes can apply to employees who moving from one jurisdiction to another.

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SAP NAMES MICROSOFT EXEC CTO

Quentin Clark, SAP SAP has hired Quentin Clark as chief technology officer effective next week. Clark joins SAP from Microsoft where he was most recently corporate VP of the business applications space. Before that, he was corporate VP of the vendor's Data Platform Group from June 2006 through June 2014. He held various roles in Microsoft's development since 1994. Clark takes over the position left by long-time executive Vishal Sikka.

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AUSTRALIA'S UXC HIRES CFO

 Iona MacPherson, UXCUXC Limited, parent to UXC Eclipse, has named Iona MacPherson as its new CFO and corporate secretary. Eclipse is the company that purchased Dynamics reseller, Tectura North America, almost a year ago. She will take over the positions in January. In her prior job, MacPherson had held the same titles at Boom Logistics since 2007.

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ACUMATICA RAMPS UP MARKETING EVENTS

Richard Duffy, AcumaticaAcumatica is planning to make itself much more visible during the next year. The company will roll out "Acumatica Across America" in 2015 and is increasing outbound telemarketing starting next week. "We are the Rodney Dangerfield of ERP," says Richard Duffy, ‎Acumatica's VP of partner strategy and enablement. "Not enough people know about us." Duffy says two telemarketers have been added, which triples the company's capability. That effort will focus on generating leads and "prospecting them through a nurturing cycle and then turning them over to partners." 

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XERO SNARES PAYROLL COMPANY

Jack Couch, MonchillaXero has purchased start-up payroll company, Monchilla, for about $7.74 million. Australia-based Xero is paying roughly $4.1 million in cash and the rest in 238,490 Xero shares for the Seattle, Wash.-based payroll business. Monchilla charges $5 per company plus $5 per employee for its cloud-based system. In a prepared statement, Jamie Sutherland, president of Xero North America, "We like the Monchilla team's straightforward approach to filing and paying payroll taxes."

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EXACT M'FACTURING REVS RISE

Erik van der Meijden, ExactExact's revenue from manufacturing products in the United States made a notable move up in the third quarter ended September 30. These packages, reported under the company's Specialized Solutions division, rose about $14.9 million for the most recently ended period, up 7.3 percent over the prior year. Specialized Solutions include Max, JobBoss and Macola. During the last year, the company divested two of the unit's products, Longview.

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