BobWScott

BobWScott

QBES SALES UP “MID-SINGLE DIGITS”

QuickBooks Enterprise Solutions, the mid-market product from Intuit, appears to continue to drive what growth there is in the desktop QB market. Intuit used the phrase “mid-single digits” to describe the rate of increase in revenue for QBES for the year ended July 31.

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BAKER TILLY BUYING ACCTTWO

Accounting firm Baker Tilly US is acquiring Sage Intacct reseller AcctTwo Shared Services, effective October 1. Terms were not announced.

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QAD ISSUES LAST? EARNINGS REPORT

QAD, which is being taken private by Thoma Bravo in a $2 billion deal, saw acquisition costs cut into its operating profit for the second quarter ended July 31. They deal is expected to close in the fourth quarter of calendar 2021 so this is potentially the last earning report.

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