News and Analysis

News and Analysis (15655)

XTUPLE EXPANDS APIS

xtupleOpen source vendor xTuple has expanded its third-party APIs with version 4.11. The new release includes xTupleCommerce 1.0, a B2B sales and customer service Web Portal. The company describes the system as providing “expanded access to ERP objects via a robust REST API”.

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SYSPRO INCORPORATES IOT

Paulo de Matos, SysproSyspro is including features in its next release to support IoT technology. The company, which says product also now incorporates artificial intelligence, will make the release available on July 9.

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INFOR NAMES EUROPEAN VP

Simon Niesler, Infor Infor has hired Simon Niesler as vice president and general manager for the United Kingdom, Ireland and Benelux. The software company announced the change this month, but his LinkedIn profile shows he joined Infor in April.

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RECKON CHANGES LEADERSHIP

Sam Allert, Reckon Reckon is getting new leadership, including a new chairman and new CEO. The press release for the moves this week by the Australia-based software company does not say it. But it comes on the heels of the collapse of Reckon’s plan to sell its Accountant Practice Management operations to MYOB.

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MANER TECH LEADER JOINS LEAF

David Caldwell, Leaf Software SolutionsDavid Caldwell, principal partner at Maner Costerisan & Ellis, has joined reseller Leaf Software Solutions. Caldwell has become business practice manager with Carmel, Ind.-based Leaf, which resells Intacct and Dynamics GP and Business Central.

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MICROSOFT PICKS ARMANINO SOFTWARE

Tom Mescall, ArmaninoMicrosoft has licensed the Revenue Recognition Management for Microsoft Dynamics 365 from accounting firm Armanino. The application from the accounting firm will be built into Dynamics 365 for Finance and Operations.

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ACUMATICA RAISES $25 MILLION

Jon Roskill, AcumaticaAcumatica has closed a $25-million funding round. The cloud software company secured Accel-KKR as a new investor leading the round with the firm taking a seat on the board. CEO Jon Roskill said, last week “This is about growing even faster”.

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AVALARA SHARES SOAR

Scott McFarlane, AvalaraAvalara closed its first day of trading as a public company with a bang. And it was just in time to get an additional boost when the Supreme Court tossed out rules against taxing Internet sales.

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RANDOM THOUGHTS: TRUDEAU

Justin Trudeau, Canadian Prime MinisterThe meeting North Korea leader Kim Jong Un with president Trump is probably the only time anybody in North Korea is going to wonder who had the worst hairdo in the room. Meanwhile, the ruling class is addressing the critical economic problems facing the average North Korean with government publications such as “Fifty New Ways to Prepare Grass for Your Meals” and “Fasting as a Tool for Self-Improvement”.

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AVALARA OFFERING GOES HIGH

Scott McFarlane, AvalaraAvalara went public today at $24 per share, beating estimates that had continued to rise over the last few days. On Friday, the Wall Street Journal said the estimate was $19 to $21 per share and when the software company filed its amended Form S-1 with the SEC mid-week that had moved to $21 to $23 per share.

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