News and Analysis (15671)
TRUECOMMERCE ACQUIRED, ACQUIRES
- Thursday, 26 November 2020
- News and Analysis
- Written by BobWScott
It has been a busy month for EDI company TrueCommerce which will have new ownership and made its own acquisition. Current owner Accel-KKR is selling TrueCommerce to private equity investment firm, Welsh, Carson, Anderson & Stowe.
MENLO BUY AIDS QUISITIVE RESULTS
- Tuesday, 24 November 2020
- News and Analysis
- Written by BobWScott
The purchase of reseller Menlo Technologies earlier this year helped Quisitive more than double its revenue for the third quarter ended September 30. Toronto, Ont.-based Quisitive also benefited from revenue from its LedgerPay line.
QBO ADVANCED CUSTOMERS DOUBLE
- Tuesday, 24 November 2020
- News and Analysis
- Written by BobWScott
Intuit says that the number of customers doubled in the year ended July 31. During the recent earnings webcast for the first quarter ended October 30, CEO Sasan Goodarzi said the total reached 75,000 customers.
NET AT WORK/ACCTWO TOP SAGE, INTACCT VARS
- Monday, 23 November 2020
- News and Analysis
- Written by BobWScott
Net at Work has been chosen as the Sage Top Overall Sales Partner for the year ended September 30 while AcctTwo was picked as the Sage Intacct Overall Partner of the Year. The selections were announced as Sage this month simultaneously disclsoed awards for its two reseller channels for the first time
NET AT WORK ABSORBS ANOTHER VAR
- Friday, 20 November 2020
- News and Analysis
- Written by BobWScott
Net at Work continues mopping up smaller Sage resellers this month. It most recently said it has purchased Pleasanton, Calif.-based Sysera, a Sage 300 reseller. New York-based Net at Work has said there will be more purchases of smaller Sage resellers that are part of its network program.
Read more...SAGE TO BOOST R&D BY TWO POINTS
- Friday, 20 November 2020
- News and Analysis
- Written by BobWScott
Sage intends to increase its spending for research and development from about 15 percent of annual recurring revenue to 17 percent, chief executive Steve Hare said. He made his comments during this week’s webcast for earnings for the year ended September 30, a year marked by the continuing move to the cloud.
ANTI-SALESFORCE C3 AI GOING PUBLIC
- Thursday, 19 November 2020
- News and Analysis
- Written by BobWScott
C3 AI, led by industry CRM veteran Tom Siebel, has filed to go public. The company, which utilizes technology from Microsoft and Adobe Systems, is picturing its AI-based technology as superior to that provided by market leader Salesforce.com.
MIP EXEC SHY JOINS WATERMARK
- Thursday, 19 November 2020
- News and Analysis
- Written by BobWScott
Erin Shy, who has been associated with the MIP nonprofit software lin for more than a decade, has become CEO of Watermark. She joined Watermark, which makes software for higher education organizations, this month, according to her LinkedIn profile.
SUGAR CRM BUYS W-SYSTEMS
- Thursday, 19 November 2020
- News and Analysis
- Written by BobWScott
SugarCRM has acquired W-Systems, one of the CRM software company’s top resellers. A division of Gannett UpCurve, W-Systems was Sugar’s North America Reseller of the Year in 2020.
SYSPRO NAMES SALES/MARKETING HEAD
- Wednesday, 18 November 2020
- News and Analysis
- Written by BobWScott
Syspro has named Sandra Fraga as chief sales and marketing officer. In the dual roles, she will have responsibility for channel and direct sales, along with marketing globally for the manufacturing software company.
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