News and Analysis (15670)
FPA VENDOR MOSAIC RAISES $25M
- Wednesday, 30 March 2022
- News and Analysis
- Written by BobWScott
Mosaic, which makes financial planning and analysis software, has raised $25 million in Series B Funding. Founded in 2019, Mosaic has now raised $46 million over the last 12 months.
MELLER: INTACCT, ACUMATICA LEAD GROWTH
- Wednesday, 30 March 2022
- News and Analysis
- Written by BobWScott
The new Sage Intacct practice and growing Acumatica business “will be mainstays of our ERP organizations for years to come,” Mark Meller, CEO of SilverSun Technologies, said this week. Meller made his statements as the company reported it reduced its loss on a slim increase in revenue for the year ended December 31.
SECOND HALF FULL OF SHOWS
- Friday, 25 March 2022
- News and Analysis
- Written by BobWScott
The COVID-19 pandemic has resulted in conference schedule weighted far more to the second half of the year than has been usual. For example, formerly held in the spring, Oracle NetSuite SuiteWorld moved to the fall last year and this year it remains in the second half from September 22 through 29 in Las Vegas.
EXEC: SAGE 50 INVESTMENTS TO CONTINUE
- Thursday, 24 March 2022
- News and Analysis
- Written by BobWScott
Sage is committed to the Sage 50 line, according to statements made this week by Walid Abu-Habda, the software company’s chief product and development officer. Speaking during an analyst webcast, the executive was not so clear about support of Sage Accounting.
COO PERKINS LEAVING SAGE
- Wednesday, 23 March 2022
- News and Analysis
- Written by BobWScott
Lee Perkins, Sage’s COO and what I like to call the software organization's utility infielder, is leaving the company after more than eight years in two tenures. The company confirmed he was "wrapping up" his job and leaving for another opportunity.
ALITHYA NAMES U.S. MICROSOFT LEADER
- Wednesday, 23 March 2022
- News and Analysis
- Written by BobWScott
Alithya has hired Jason Wickman to head its Microsoft practice in the United States. Wickman, most recently the founder of Agilidy Consulting, will be reasonable for growing a practice that includes Microsoft Industry Clouds and Predictive Customer Workloads from Microsoft’s Dynamics 365.
FAYE PULLS DOWN VENDOR AWARDS
- Tuesday, 22 March 2022
- News and Analysis
- Written by BobWScott
Reselling firm Faye has received awards from two vendors. These include being named as President’s Club Partner of the Year, Americas by SugarCRM.
AVIDXCHANGE EXPECTS STRONG GROWTH
- Friday, 18 March 2022
- News and Analysis
- Written by BobWScott
AvidXchange expects double digit revenue growth will continue this year. The payments software company recently issued guidance stating revenue for 20202 will range from $296.4 million to $301.5 million.
COLUMBUS EXITS RUSSIA
- Friday, 18 March 2022
- News and Analysis
- Written by BobWScott
Denmark-based Columbus is one of the many companies leaving Russia following that country’s invasion of the Ukraine. CEO Søren Krogh Knudsen reported during the week’s webcast for earnings for the year ended December 31 that the reseller has disposed of the operation.
VERTEX SLASHES STOCK COMP, LOSS
- Thursday, 17 March 2022
- News and Analysis
- Written by BobWScott
Vertex sharply reduced its loss for the year ended December 31 as it cut operating expenses by a sharp cut in general and administrative spending, driven by a $55.1 million decrease in stock-based compensation in 2021.
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