News and Analysis

News and Analysis (15710)

LEGALTECH EYES ERP VARS

 Onit, which makes legal matters software, wants to sign up ERP VARs to carry its products. The company was visible at the recent conference of the Information Technology Alliance, whose members include those resellers, as part of its recruiting effort.

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 PROCORE ISSUES ESG REPORT

Procore Technologies has released its 2022 Environmental, Social and Governance (ESG) Report, It is the first-ever ESG report for the construction software company.

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XERO CHANGING SHOW SCHEDULE

The Xerocon conference will be a global show, New Zealand-based Xero said this week. This means the cloud accounting software company is not returning to the pre-pandemic practice of having annual conferences in different companies.

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UNANET RECEIVES INVESTMENT

 Unanet has closed a new round of financing from Onex Corp. this month. The size of the investment was not announced.

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NETSUITE REVS HIT $600M

NetSuite revenue reached $600 million for the second quarter ended November 30, an increase of 25 percent year-over-year, 29 percent in constant currency. This is the first time Oracle has reported revenue for the ERP package.

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NEXTEC: CHANGING THE RENT PROFILE

Nextec’s countrywide offices once generated a rental bill of $350,000 annually. That was true for the Seattle, Wash.-based firm a year ago.

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MARTIN ASSOC. PREZ RETIRING

Rick Wilson is retiring as president at Martin & Associates, a Cincinnati, Ohio-based reseller. Wilson, who has been with the firm since March 1993, will be succeeded by Jeff Rose, he said at the recent conference of the Information Technology Alliance.

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XERO NAMES STRATEGY CHIEF

Xero has promoted Angad Soin, its EGM of business operations to the newly created position of chief business operations and strategy officer. The move is effective on February 1.

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VENA HIRES HOWATSON AS CFO

Vena Solutions has hired Melissa Howatson as CFO. She replaces Darrell Cox who left in June after serving in the position since May 2014.

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QBO REVS INCREASE 28.7 PERCENT

 Revenue for Intuit’s QuickBooks Online grew by 28.7 percent for the first quarter ended October 30. That came as desktop QuickBooks revenue increase by a respectable 16.9 percent, the company reported this week,

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