News and Analysis

News and Analysis (10104)

MIP VAR PROGRAM CANCELLED

Community Brands has cancelled its program with resellers of its MIP nonprofit accounting effective December. The notice to surprised VARs this week, who were left puzzled.

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IFS CLOUD UPDATED

The IFS Cloud Sustainability Hub has been introduced by IFS as part of a broad release for IFS Cloud. Integrated inside Microsoft Teams, the hub is design to college data to demonstrate compliance and improved performance against environmental standards.

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SYSPRO CREATES AMERICAS REGION

Syspro has created an Americas region as the South Africa-based parent continues with broad changes to its structure world-wide. The changes started in 2019 when it acquired Syspro USA, which had been distributor for the manufacturing software company since March 1987.

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NETSUITE PEGS GROWTH TO SMALL BIZ

 Oracle NetSuite this week spelled out a strategy for realizing significant growth through small business customers. Jason Maynard, SVP of global field operations, noted the NetSuite goal of doubling business every three years

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AVALARA ENTERS PROPERTY TAX BIZ

Avalara has entered the property tax compliance business with the acquisition of CrowdReason.The sales-and-use tax company also purchased a valuation advisory services business from CorrelationAdvisors as part of the deal.

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GADBOIS LEAVES ACUMATICA

 Jessica Gadbois, who has been a fixture at Acumatica product announcements, has taken a job with Synergy Resources. She has become the Acumatica Practice Director at Synergy, a reseller that emploes about 100 individuals.

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RSM: EXECS ESG AWARENESS GROWS

An increasing number of middle-market executives are familiar with environmental, social and governance) issues and have adopted formal ESG plans. This was the finding of the recently released RSM US Middle Market Business Index ESG Special Report.

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AKERNA BUYS 365 CANNABIS

Akerna, which is out to consolidate the cannabis software business, has acquired 365 Cannabis for $17 million. Akerna has also raised $20 million this month through the sale of convertible debentures to its existing institutional investors.

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PAYA HIRES TWO CXO EXECS

Payments company Paya has hired two senior executives. The company said this month is has named Michele Shepard as chief commercial officer and Balaji Devarasetty as chief technology.

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SAP REVS UP 5 PERCENT; CLOUD 20 PERCENT

SAP says revenue for the third quarter ended September 30 reached about $7.93 billion, a 5-percent increase over last year’s corresponding  period. The number are preliminary with final results to be released on October 21.

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