News and Analysis (15710)
BILL.COM RAISING $1.5 BILLION
- Tuesday, 21 September 2021
- News and Analysis
- Written by BobWScott
Bill.com is raising $1.5 billion in concurrent stock and debt issues this month. The payments software company has filed prospectuses with the SEC for the sale of $1 billion in stock and $500 million in convertible senior notes.
GRAVITY SEEKS RESELLERS
- Friday, 17 September 2021
- News and Analysis
- Written by BobWScott
Gravity Software is holding an October 19 webinar as part of its search for resellers to handle its accounting software. The webinar will be held 1 pm ET to showcase the company’s channel program and its benefits.
ITA CHOOSES BOARD CHAIR
- Friday, 17 September 2021
- News and Analysis
- Written by BobWScott
The Information Technology Alliance has named David Hirchskorn, accounting firm Eide Bailly’s CIO, as chair of its board of directors. It also selected Dom Pernai, director of reseller EthosSystems, as its vice chair.
CHRISS: MAILCHIMP SCALES TO MID-MARKET
- Friday, 17 September 2021
- News and Analysis
- Written by BobWScott
Intuit’s newly acquired Mailchimp has made its name in the small business market. But the products from the company, acquired for about $12 billion, are suited to larger businesses, according to Alex Chriss, EVP of Intuit’s small business operations.
REPAY HIRES B2B EXECS
- Thursday, 16 September 2021
- News and Analysis
- Written by BobWScott
Payments company Repay has named two executives to its B2B payments team. These are of Darin Horrocks as EVP, B2B business and Phillip Tau as VP of B2B strategy and business development.
INTUIT PAYING $12B FOR MAILCHIMP
- Thursday, 16 September 2021
- News and Analysis
- Written by BobWScott
Intuit plans to pay about $12 billion in cash and stock for email and marketing software company, Mailchimp. This follows the December acquisition of Credit Karma for $7.1 billion.
N'SUITE POLL: MOST BIZ TO REQUIRE VAX
- Wednesday, 15 September 2021
- News and Analysis
- Written by BobWScott
Fifty-three percent of employers will ask employees returning to offices for proof of vaccination, according to a newly released survey from Oracle NetSuite. Despite virus worries most of the 500 business leaders polled are seeing increased demand for goods and services.
NETSUITE REVS JUMP 28 PERCENT
- Wednesday, 15 September 2021
- News and Analysis
- Written by BobWScott
Oracle reported strong growth for its NetSuite operations for the first quarter ended August 31. The database software company said NetSuite ERP revenue was up by 28 percent year-over-year while Fusion ERP sales jumped 32 percent.
BILL.COM ISSUES FY21 PRO FORMA
- Friday, 10 September 2021
- News and Analysis
- Written by BobWScott
Bill.com lost $289.6 million on revenue of $307.6 million on a pro forma basis for the year ended June 30. The numbers reflect the acquisition of Divvy on June 1, according to documents filed with the SEC.
Read more...UPDATING THE MICROSOFT INNER CIRCLE
- Thursday, 09 September 2021
- News and Analysis
- Written by BobWScott
Microsoft has not published a list of this year’s Inner Circle so names emerge as firms issue press releases. Not in the original list published in this space are two accounting firms, Armanino and BDO Canada.
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