Vena has released Vena for SaaS, a pre-configured planning application to SaaS companies. The software publisher says the new product combines best practices for FP&A and corporate performance management.

Avalara Managed Tax Classification has been introduced to enable businesses to classify products and services by tax categories. The newly marketed application will utilize artificial intelligence and machine learning to generate classifications for both state and local taxability determinations.

 Software revenue for Sweden-based IFS rose to roughly $301 million for the high ended June 30, an increase of 20 percent year over year. The company said cloud revenue, which represented more than 39 percent of software income, grew by 79 percent.