News and Analysis (15710)
QBO REVENUE UP 41 PERCENT
- Friday, 22 November 2019
- News and Analysis
- Written by BobWScott
Intuit said revenue for QuickBooks Online rose by 41 percent for the first quarter ended October 30. QBO had $306 million in revenue for the most recently ended period, compared to $217 million a year earlier.
HARE: SERVICES ARE FOR VARS
- Friday, 22 November 2019
- News and Analysis
- Written by BobWScott
Sage is not pursuing professional services business. In a change of direction, CEO Steve Hare this week said Sage will let VARs handle services as much as possible.
ADVANCED FOCUS: EXISTING QBO CUSTOMERS
- Thursday, 21 November 2019
- News and Analysis
- Written by BobWScott
Intuit is focusing its new QuickBooks Advanced on existing customers, CEO Sasan Goodarzi said this week. That puts the sort-of-midmarket product in a light that suggests the company does not have designs on low-end of the mid-market—yet.
ARMANINO ACQUIRES RESOURCE GROUP
- Wednesday, 20 November 2019
- News and Analysis
- Written by BobWScott
Armanino has acquired the Resource Group, a Seattle, Wash.-based Value-Added Reseller in a deal to be completed on December 1. The staff of the Resource Group, which carries Dynamics GP and Sage Intacct, will joined the Seattle office of San Ramon, Calif.-based Armanino.
SAGE INTACCT REVS UP 28 PERCENT
- Wednesday, 20 November 2019
- News and Analysis
- Written by BobWScott
Sage Intacct revenue led growth for the Sage Group for the year ended September 30. The cloud-based operation had approximately $154 million in revenue in the United States for the most recently ended year, an increase of 28 percent over fiscal 2018.
SAGE PAY DEAL STRUCK
- Wednesday, 20 November 2019
- News and Analysis
- Written by BobWScott
Sage has agreed to sell Sage Pay to Elevon, a payments subsidiary of U.S. Bancorp for around $300 million in cash. The agreement will take Sage out of the payments business.
BILL.COM MAKING IPO
- Tuesday, 19 November 2019
- News and Analysis
- Written by BobWScott
Payments software company Bill.com is ready to go public. The company this week filed a form S-1 for an initial public offering with the number of shares to be offered yet to be determined.
KERR WINS SAGE SALES CONTEST
- Friday, 15 November 2019
- News and Analysis
- Written by BobWScott
Kerr Consulting, based in the Woodlands, Texas, has won the recently completely “Go for the Gold” Partner Sales Contest for Sage North America. The winners were announced in this week’s partner call.
SAGE DEVELOPER DAY FOCUSES ON CLOUD
- Thursday, 14 November 2019
- News and Analysis
- Written by BobWScott
Upcoming Sage special events show where the company is putting its money with the software company is holding Sage Developer Day in Atlanta on December 11. It also plans to go to market next month with an ISV Acceleration Program with selected ISVs starting in the United Kingdom and the United States.
EDGEWATER BUY SPURS ALITHYA
- Wednesday, 13 November 2019
- News and Analysis
- Written by BobWScott
Results for Alithya for the second quarter ended September 30 reflected the company’s acquisition of Edgewater last year. The Montreal, Que.-based reseller’s loss widened to roughly $1.7 million, up 9.8 percent for last year’s corresponding period.
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