News and Analysis (15655)
XERO REPORTS FIRST EBITDA
- Wednesday, 09 May 2018
- News and Analysis
- Written by mark
Xero recorded its first positive EBITDA ever for the year ended March 31, about $18 million. The New Zealand-based cloud software company also slashed its net loss to roughly $19.3 million for fiscal 2018, 60-percent lower than the red ink in 2017.
SAP MAKES ANOTHER BYD RUN
- Wednesday, 09 May 2018
- News and Analysis
- Written by mark
Last year, a sign at SAP’s Sapphire conference declared the often-ridiculed Business ByDesign alive and kicking. Despite a shortage of publicly released info, ByD does seem to have experienced a sudden attack of health.
INFOR CO-PRESIDENT ANGOVE EXITS
- Tuesday, 08 May 2018
- News and Analysis
- Written by mark
Duncan Angove, who has served as president of Infor, has left the software company. Infor said in a filing this week with the SEC the executive left on May 4. The reason given was the classic pursuing other opportunities.
COMPUTERWORKS WINS ACCUFUND AWARD
- Sunday, 06 May 2018
- News and Analysis
- Written by mark
ComputerWorks NFP has been recognized as volume sales leader overall and volume leader in nonprofit sales, total unit sales and add-on sales by Needham, Mass.-based AccuFund. The firm was one of eight resellers receiving AccuFund Partner Leadership awards at the nonprofit software company’s annual reseller meeting recently.
SAGE DEBUTS FAST START
- Thursday, 03 May 2018
- News and Analysis
- Written by mark
Sage has introduced Fast Start, a methodology for quicker and less expensive implementations of Sage Enterprise Management (X-3). It’s an approach that has already seen a great deal of success with NetSuite’s SuiteSuccess.
SOVOS BUYS TRUSTWEAVER
- Thursday, 03 May 2018
- News and Analysis
- Written by mark
Sovos has acquired TrustWeaver, a Stockholm, Sweden-based company, which provides global e-invoicing. Terms were not disclosed. In a web post, CEO Andy Hovancik says the acquired software handles both post-audit and clearance models in 60 countries.
BLACKBAUD: SALES MODEL WORKING
- Thursday, 03 May 2018
- News and Analysis
- Written by mark
Blackbaud says its changed sales model is producing improved results. CEO Mike Gianoni noted in a recent earnings webcast an emphasis on improved productivity with the existing sales force through common procedures, training, key operating metrics, compensation plans and reporting.
EDGEWATER NAMES INTERIM CFO
- Wednesday, 02 May 2018
- News and Analysis
- Written by mark
Edgewater Technology, slated to become part of Alithya this year, has named Paul McNeice, the company’s chief accounting officer, as interim CFO. He replaces CFO Timothy Oakes whose resignation was effective April 13.
LANCASTER OUT AS SAGE X3 VP
- Wednesday, 02 May 2018
- News and Analysis
- Written by PMG Admin
Brian Lancaster, who has headed Sage Enterprise Management sales in North America, is gone from that position. Lancaster, who has been VP in the EM (X3) effort joined Sage in May 2016.
CENTRAL DATA BUYS LOWERY SYSTEMS
- Wednesday, 02 May 2018
- News and Analysis
- Written by PMG Admin
Central Data Systems of Farmington Hills, Mich., has acquired St. Louis, Mo.-based Lowery Systems. Terms were not disclosed. Both firms carry Infor distribution software products.
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