Passport Software has released Cashpoint, an accounting application for NCR Counterpoint, a POS system.  Cashpoint provides bank deposit automation and the vendor file synchronization for Counterpoint. The application's design allows for the creation of multiple Cost Centers for management of multiple stores. Cashpoint includes the following modules: Accounts Payable,  General Ledger and  ​​Check Reconciliation.

QAD, which makes manufacturing software, is in the same boat as everyone else. Or should we say on the same cloud as a 53-percent increase in subscription revenue from cloud software sales helped the company to an 11-percent revenue increase for the first quarter ended April 30. The Santa Barbara, Calif.-based company also sliced its loss to $76,000, compared to a year-earlier loss of $1.3 million and posted operating income of $298,000 in the most recently ended period, as opposed to an operating loss of $1.7 million a year ago.