News and Analysis (15703)
ISM, SWK PARENT SUSPEND TALKS
- Tuesday, 27 November 2012
- News and Analysis
- Written by mark
Information Systems Management and SilverSun Technologies, parent to SWK Technologies, have suspended merger talks. The merger of the two resellers would have created one of the largest Sage VARs. However, the parties said there were too many hurdles to meet a target closing date of January 1.
ACUMATICA LAUNCHES IN MEXICO
- Monday, 26 November 2012
- News and Analysis
- Written by mark
SaaS vendor Acumatica has launched its accounting application in Mexico. Federico Porras, the Acumatica country manager, said that "Acumatica came to Mexico to revolutionize the ERP market ...", which sounds like a modest-enough goal.
SILVERSUN REVS JUMP ON HIGHTOWER BIZ
- Monday, 26 November 2012
- News and Analysis
- Written by mark
Revenue from the operations of the former Hightower helped SilverSun Technologies, parent to Sage reseller SWK Technologies, more than double its product revenue for the third quarter ended September 30 and to increase the top line by 46.2 percent. Product revenue for the most recently ended period was $851,656, compared to $356,909 a year earlier.
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XERO LOSS GROWS ON SALES SURGE
- Tuesday, 20 November 2012
- News and Analysis
- Written by mark
Cloud accounting software vendor Xero has reported that its net loss for the six months ended September 30 grew by 89 percent. But revenue for the same period was up 119 percent and its customer base rose by 115 percent. The still small New Zealand company lost about $5.7 million on roughly $14.1 million in revenue in the first half of fiscal 2013.
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THANKSGIVING WEEK; NO NEWSLETTER
- Friday, 16 November 2012
- News and Analysis
- Written by mark
There will be no newsletter on Friday, November 23 to enable readers to recover from turkey and football or to indulge in shopping. Newsletter publication will resume on Friday, November 30. However, news will continue to be posted to www.bobscottsinsights.com as merited.
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WAVE LAUNCHES PAYROLL
- Friday, 16 November 2012
- News and Analysis
- Written by mark
Wave, which markets online accounting applications, has introduced Wave Payroll. The Canadian company is bringing the cloud-based application to market in the United States. Wave says that sign up is free and the cost will be $5 per month or less for customers that are described as "very small" businesses, those with 10 or fewer employees. The pricing model is different than for Wave Accounting, which is free and is supported by advertisers.
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INFOR CEO SPEAKS AT VAR'S CONFAB
- Friday, 16 November 2012
- News and Analysis
- Written by mark
Nothing says that you are important more than having someone at the top of the organization give you some of their time. In 2011, shortly after the September 11 attack, Richard Harrington, then CEO of Thomson showed up at the Manhattan headquarters of the company's accounting publications and talked to our small group of journalists.
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BLACKBAUD UPDATES FINANCIAL EDGE
- Friday, 16 November 2012
- News and Analysis
- Written by mark
Blackbaud Strategic Benchmarking has been made available as a subscription offering. The nonprofit software company said the tool enables organizations to compare financial performances to their peers. That information was released as part of a broad product update from the Charleston, S.C.-based company.
INTUIT’S QB ONLINE BOOMS
- Friday, 16 November 2012
- News and Analysis
- Written by mark
Intuit’s switch to online products was in full force for the first quarter ended October 30. The number of QuickBooks Online units sold rose to 399,000, an increase of 29.1 percent over 309,000 a year earlier.
BLYTHECO AGAIN NO. 1 SAGE VAR
- Thursday, 15 November 2012
- News and Analysis
- Written by mark
Repeat winner Blytheco again is the top reseller for Sage as the company released the top five channel performers for the year ended September 30. It is the eleventh win as North American Partner of the Year for the Laguna Hills, Calif.-based company that also took home the trophy from 1998 through 2006 and in 2009 and 2010.
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