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News and Analysis (15671)

ACUMATICA DEBUTS PROPERTY MANAGEMENT

Tuesday, 25 January 2022

Written by BobWScott

Acumatica has rolled out a property management package. At this week’s Partner Summit, the software company said it had acquired Integrated Business Systems, which marketed the Imperium property management line.

IFS 2021 REVS UP 14 PERCENT

Tuesday, 25 January 2022

News and Analysis

Written by BobWScott

ERP software company IFS says revenue rose 14 percent for the year ended December 31 with cloud sales up 105 percent. IFS, a sister to Acumatica, said revenue was about $729 million for the most recently ended year.

BLYTHECO AGAIN TOP ACUMATICA VAR

Tuesday, 25 January 2022

News and Analysis

Written by BobWScott

Blytheco repeated as Partner of the Year for Acumatica this week. That award and the Acumatica President’s Club were announced at this week’s Partner Summit, looking a lot like Sage award announcements of the past.

BLACKBAUD BUYING ED BIZ FOR $750M

Friday, 21 January 2022

News and Analysis

Written by BobWScott

Nonprofit software vendor Blackbaud is buying Washington, D.C.-based Everfi, for $750 million in cash and stock. The deal is expected to add about $120 million to Blackbaud’s 2022 revenue.

PAYA ACQUIRES VELOCIT

Friday, 21 January 2022

News and Analysis

Written by BobWScott

Payments vendor Paya has acquired Clarkston, Wash.-based VelocIT Business Solutions. Terms were not disclosed.

VISMA REVS UP 19.5 PERCENT

Friday, 21 January 2022

News and Analysis

Written by BobWScott

Visma, which keeps mopping up European software companies, turned in growth of 19.5 percent, for the year ended December 31. Norway-based Visma, which acquired 42 companies last year, has already purchased five companies this year.

ACUMATICA NEEDS CPA FIRMS

Thursday, 20 January 2022

News and Analysis

Written by BobWScott

The departure of channel leader Geoff Ashley from Acumatica late last year has triggered some thoughts. What does the cloud software vendor need in its reseller base?

SAP REVS UP 2 PERCENT IN 2021

Wednesday, 19 January 2022

News and Analysis

Written by BobWScott

SAP revenue rose by 2 percent for the year ended December 31 as the vendor’s numbers continue to show the rapid growth of cloud revenue while license and maintenance revenue fell.