News and Analysis (15671)
BILL.COM BUYING DIVVY FOR $2.5B
- Friday, 07 May 2021
- News and Analysis
- Written by BobWScott
As it announced a revenue increase of 44.9 percent for the third quarter ended March 31, payments vendor Bill.com also said it will acquire Divvy. Divvy offers expense management and budgeting software, combined with smart corporate cards.
SOVOS ACQUIRES CHILE-BASED BIZ
- Thursday, 06 May 2021
- News and Analysis
- Written by BobWScott
Sovos, which makes indirect tax software, has acquired Chile-based Acepta. Acepta markets e-invoicing, e-receipts, e-documents and digital certificate products in Chile, Peru and Colombia.
VENA RAISES $244 MILLION
- Wednesday, 05 May 2021
- News and Analysis
- Written by BobWScott
Vena has raised about $244 million ($300 million Canadian) in Series C funding. The Toronto, Ont-based company said it will use the proceeds to accelerate growth.
ECI DEBUTS CLOUD-BASED JOBBOSS
- Tuesday, 04 May 2021
- News and Analysis
- Written by BobWScott
ECI Software Solutions has introduced JobBoss², which the company says will be its go-forward cloud project for job shop and make-to-order manufacturers. The new product combines features from E2 Shop, which was part of ECI’s acquisition of Shoptech in the fourth quarter of last year, with JobBoss.
SAGE ACCOUNTANT PROGRAM VP LEAVES
- Monday, 03 May 2021
- News and Analysis
- Written by BobWScott
Stone Koffi de Souza, who headed Sage’s accountant program for two years, has become COO of EverCommerce. De Souza was with Sage from November 2017 through this month.
BLACKBAUD EXEC PAY TRIMMED IN 2020
- Friday, 30 April 2021
- News and Analysis
- Written by BobWScott
Compensation for five named executives at Blackbaud dropped by amounts ranging from 11.3 percent to 15.4 percent for 2020. That came as none received non-equity incentive compensation for last year and stock awards dropped.
SEIDOR REPEATS AS TOP B1 RESELLER
- Friday, 30 April 2021
- News and Analysis
- Written by BobWScott
Seidor has won the SAP Pinnacle award for the third consecutive year. And it was largely a story of the big or bigger as Seidor’s 2020 revenue was reported as about $530 million a year ago.
Read more...MOVING TOWARDS HYBRID WORK
- Thursday, 29 April 2021
- News and Analysis
- Written by BobWScott
The mid-market reselling business will not stay at nearly 100-percent remote work. But nor with ill return to level of pre-pandemic office-based workers.
BLACKBAUD: PANDEMIC LIMITED REVENUE
- Thursday, 29 April 2021
- News and Analysis
- Written by BobWScott
A shortfall in bookings at the start of the pandemic in 2020 has held down revenue grown this year for Blackbaud. The nonprofit software vendor lost $164,000 in the first quarter ended March 31, compared to net income of $1.6 million a year ago.
Read more...LOWER OPTIONS CUT AVALARA EXEC PAY
- Thursday, 29 April 2021
- News and Analysis
- Written by BobWScott
Lower option awards cause a drop for three named executives at sales tax company Avalara in 2020. As a result, compensation for CEO Scott McFarlane fell to $9.2 million last year, off 16.2 percent from slightly less than $11 million in 2019.
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