News and Analysis

News and Analysis (15628)

RECKON ONE GOING TO THE U.K.

 Clive Rabie, ReckonReckon, an Australia company that markets low-end accounting software, is developing a version of its cloud-based Reckon One for the United Kingdom. That was outlined in the company’s report of results for the first half ended June 30. “Investment in developing and establishing an infrastructure for a UK product has commenced,” the report said. It raises the specter of Reckon One, which competes with MYOB and Xero in its homeland, of going up against Xero and Sage One in the British Commonwealth motherland. Meanwhile, Intuit, whose products were formerly distributed down under by Reckon, will be entering Australia next year and Sage is expected to join the fight in the Outback Corral.

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AVALARA MARKETING CENTER OPENS

Liz Anderson, AvalaraAvalara has started the Avalara Marketing Center, which the sales tax software vendor says is designed to help its resellers generate leads. The center provides content that dealers can use in marketing communications and is designed for channel members who do not have time or resources to handle their own campaigns.

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EPICOR INCHES ALONG IN Q3

Joseph Cowan, EpicorEpicor Software cut significantly into its loss for the third quarter ended June 30. The red ink dropped to $3.3 million for the most recently ended period from $9.7 million a year ago. But the top line budged upward by only 2.1 percent, rising to $246.2 million, up from $241.2 million a year earlier. Don’t blame ERP, which performed decently with revenue of $155.8 million, a rise of 4.3 percent from $149.4 million in last year’s corresponding period. Once again, the Retail Solutions division sucked the life out of the quarter, dropping 10.6 percent to just under $33 million from $36.9 million.

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RANDOM THOUGHTS: SMOKEY THE BEAR

Smokey the BearYou can't teach an old dog new tricks but you can teach him to confuse onlookers into thinking you have. … You can lead a horse to water but it takes a lot of effort to hold them under. …Noted a map that reports the richest person in each of the 50 United States. Washington of course, has Bill Gates with $80 billion. But sadly, there are three sates, Alaska North Dakota, and Maine, that have richest people worth less that a billion each. How would you like to show up at the club and someone asks your net worth and you have to reply in muffled tones “$700 million”? Let’s help these poor rich people out and get them over the top. Let’s make the poor rich richer. Sponsored by the Billionaire Boys’ Club.

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EPICOR ADDS ATS EXECS TO SUIT

Vivian Keena, Alternative Technology SolutionsEpicor Software has won a motion to name four employees of Alternative Technology Solutions as defendants in a suit over copyright and intellectual property infringement. The U.S. District Court for the Central District of California approved adding were Vivian Keena, CEO and Co-owner, and Donna Barnett, CTO and Co-owner, and employees, Ned Cleary and Mark Stuvetraa, as individual defendants. Epicor is seeking actual and punitive damages from Alternative. Based in Aliso Viejo, Calif., ATS is a consulting firm that specializes in serving Epicor customers and most of its management worked at Epicor.

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INTACCT STARTS PREMIER PROGRAM

Taylor Macdonald, IntacctIntacct has created a new level for its reseller program to reward the top players in its channel. The initial members of the program are AcctTwo, Armanino, Brittenford Systems, BTerrell Group, CliftonLarsonAllen, JMT Consulting, LBMC Technologies and Massey Consulting. Those chosen are reviewed annually to make sure they maintain the program’s standards. Benefits include a dedicated Intacct executive sponsor, collaborative sessions with Intacct’s product management team and additional engagements with the Intacct professional services team.

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TAXWARE, CONVEY MERGE

Andy Hovancik, Taxware Taxware, which markets sales and value-added tax products, has acquired Convey Compliance Systems, a third-party filer of 1099s. Both were portfolio companies of Vista Equity Partners. The official description from the press release issued by Burlington, Mass.-based Taxware quotes Taxware CEO Andy Hovancik as follows: “Our company is now capable of expertly monitoring extensive and complex regulatory environments, developing and dynamically updating tax content, integrating with disparate enterprise applications, efficiently translating and storing data in a single relevant repository for reporting and reconciliation, and streamlining all facets of compliance reporting.”

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KASEYA FLESHES OUT EXEC LINE

Michael Pellini, KaseyaTime to catch up with Kaseya, which makes IT management software. Last month, the company hired Maribeth Bearfield as EVP of human resources and Michael Pellini as general council. Pellini’s background is particularly interesting as he was deputy general council for six years at Unica Corp., He helped take that company public before it was then purchased by IBM and he remained there another three years. When I see companies building exec teams and adding someone with experience in the IPO process, it catches my attention.

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ACCOUNTMATE EXPANDS LEASING

AccountMateAccountMate has expanded the number of products and services that can be leased when sold by the software company’s VARs.  Leasing options are now available for up to 100 percent of all AccountMate software, maintenance contracts, professional services and add-on application. Hardware can also be leased. AccountMate Leasing is provided via Dimension Funding with terms ranging from 24 months to 72 months. There are end-of-term options to give customers the choice to walk away from equipment, purchase for nominal or fair market value, extend the current lease, or upgrade. More information and the ability to apply are available at www.accountmateleasing.com

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INFOR WINS 5-YEAR-OLD LAWSON CASE

inforA decision in a patent infringement case brought against Lawson Software in 2009 has been vacated. The case was brought by ePlus, which alleged multiple infringements of different ePlus patents by Lawson procurement software. Lawson was acquired by Infor in mid-2011. Most claims were dismissed by a jury in 2011 or by a decision in 2012 by the Federal Circuit Court of Appeals. In May 2011, ePlus won an injunction against Lawson, which then redesigned its software to eliminate any infringement. But e-Plus claimed the new software was not much different and that Lawson had violated the injunction.


The court agreed and fined Lawson $18 million for civil contempt. In November 2013, the Federal Circuit affirmed a finding by the United States Patent and Trademark Office that ePlus' remaining patent claim was invalid. Lawson prevailed in a ruling last week by the U.S. Court of Appeals for the Federal Circuit, which had already thrown out a number of ePlus's claims. The appeals court ruled there was no legal basis for the conjunction and that contempt award had to be set aside. The appeals returned the case to the District Court with instructions to dismiss it. 

 

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