News and Analysis

News and Analysis (15710)

SYSPRO NAMES GLOBAL CHANNEL EXEC

Syspro has hired Michael Bennett as global channel executive. In a prepared statement, Sandra Fraga, chief sales and marketing officer, gave a broad view of the manufacturing software company's plans and Bennett's role. 

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MICROSOFT’S FITZHENRY RETIRES

 Pat Fitzhenry has retired from his position at Microsoft after 41 years in the software business. Fitzhenry entered the accounting software mid-market when he joined the former Solomon Software in 1987, where he was SVP of sales and marketing.

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TWO SAGE VPS DEPART

Two Sage VPs are leaving the company in a sign of continued change as Sage merges the historical Sage North America side with Sage Intacct, The departees are Chris Rose, SVP of sales and customer success, and Chris Smith, VP of the construction business.

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RESELLING VET ELDRIDGE JOINS ACE MICRO

Reselling veteran Ken Eldridge has joined Atlanta, Ga.-based Ace Microtechnology. Eldridge, based in Massachusetts, has become the reseller's Dynamics 365 CRM Practice Director.

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EPICOR BUYS CBC COMPUTER SYSTEMS

 Epicor has acquired CBC Computer Systems which makes Décor Fusion POS software for paint and decorating retailers. Terms were not disclosed.  

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INFOR VET ABBOTT CEO OF IVANTI

Jeff Abbott, who headed Infor’s channel program for several years, has become CEO of Ivanti. Abbott joined the Atlanta, Ga.-based company as president in January 2020.

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EXACT HIRES MARKETING LEADER

Exact has hired Louise Meijer as chief marketing officer. She is one of four senior executives the Netherlands-based ERP software company has hired in the last three months.

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SAGE REORGANIZING; LAYING OFF

 Sage is undergoing a reorganization that moves it far closer to its goal of One Sage. At the same time, it said it will cut 820 roles globally, but create other ones.

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BILL.COM SELLS $1.9B DEBT/STOCK

Payments software company Bill,.com  has raised $1.9 billion through a secondary stock offering and the sale of convertible debt. The recently closed rounds involved the sale of $1,150,000 in stock and $575 million in notes.

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COMPUTERWORKS TOP ACCUFUND SELLER

ComputerWorks NFP Solutions has been cited as the Volume Sales Leader Overall by nonprofit software vendor AccuFund. This was one of nine 2020 AccuFund Leadership awards presented to the software company's resellers in a virtual session this year.

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