BobWScott

BobWScott

PROCORE FINANCING SUBS' SUPPLIES

Procore Technologies is conducting a materials financing program via which it purchases construction materials on behalf of subcontractors. The company this week said the program is designed to alleviate problems faced by subs, who typically must pay suppliers in 30 days but are often themselves paid in 120 days.

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COLUMBUS NAMES STRATEGY EXEC

 Denmark-based Dynamics reseller Columbus has hired Michaël Navon as global SVP of business line strategy and change. He is one of a number of changes in management personnel under CEO Søren Krogh Knudsen, who assumed the top job in June 2021.

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QBE VARS WIN REPRIEVE

Resellers handling QuickBooks Enterprise, Intuit’s desktop midmarket package, have been given a reprieve from a sudden change in requirements. A group of VARs, frustrated with a decision to immediately eliminate residual payments, won a nine-month extension after writing to Intuit’s board of directors.

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