News and Analysis

News and Analysis (15669)

PROCORE SHUFFLES LEADERS

Procore Technologies has moved CFO Paul Lyandres to the new position of president of Fintech effective in May. At the same time, will make Howard Fu, Procore’s SVP of finance the new CFO.

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QB ENTERPRISE REVS STRONG

Revenue for QuickBooks Enterprise, Intuit’s desktop mid-market package, appear to have grown in last quarter. During the week’s earnings webcast, CFO Michelle Clatterbuck said revenue grew “high-teens’ for the second quarter ended January 31.

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INTUIT SWITCHING CFOS

Intuit is changing CFOs on August 1 when Sandeep Aujla replaces Michelle Clatterbuck, who has held the position since February 2018.

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PROCORE FIXING INT’L BIZ

 Procore Technologies wants to improve international operations after business in that area failed to perform up to expectations.

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SAGE PICKS GLOBAL PARTNER VP

Sage has hired Eduardo Rosini as it EVP of partners and alliances. He replaces Aziz Benmalek, who became president of Sage North America in May. 

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AVALARA CRUSH GOES REGIONAL

 Avalara has Crush conference with eight regional editions of the annual event. This year will be the first time since before the pandemic live events are planned.

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ACUMATICA: WE VET MARKETPLACE ISVs

Acumatica vets applications on its online marketplace, Christian Lindberg, VP of partner solutions, said this week.

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ROOTSTOCK INKS DELOITTE DIGITAL

 

Rootstock Software has signed Deloitte Digital to offer consulting, implementation and integration services to manufacturers and distributors with revenue between $50 million and $1 billion.

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INSIGHT BUYS POWERON

 Insighthsoftware has acquired PowerOn, which extends the features of Microsoft’s Power BI. Terms were not disclosed.

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BLACKBAUD STAFF OFF 14 PERCENT

Cost-cutting at Blackbaud in the fourth quarter and this month has resulted in a roughly 14 percent reduction in staff since the third quarter. But 2022 as also the first year the nonprofit software company topped $1 billion in revenue.

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