BobWScott

BobWScott

BILL.COM TO RAISE UP TO $183.6M

Bill.com said this week it will raise a maximum of $183.6 million through an initial public offering. The cloud payments company expects to offer 8,823,529 shares at an estimated price of at $16 to $18 per share.

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CLOUD MIGRATION CUTS QAD REVS

The migration from desktop to the cloud took a bite out of results for QAD for its third quarter ended October 31. QAD was in line with other vendors as desktop revenue continued to slip, falling 28.8 percent while cloud subscriptions were up by 14.4 percent.

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INTUIT 2019 COMP REFLECTS FIRST-TIMERS

Intuit’s compensation report for named executives for the year ended July 31 reflected the fact one only of six has been in their current position for a full fiscal year. Three, including CEO Sasan Goodarzi, assumed their current positions on January 1, while two moved into new jobs in August 2018.

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