News and Analysis

News and Analysis (10645)

SILVERSUN SELLING COMPANY

SilverSun Technologies is doing another deal in which the company plans to sell itsself and spin off its operating businesses into another company, which will then go public.

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QUISITIVE REVS DROP

 Quisitive Technology Solutions reported a 9.1-percent decline in sales for the third quarter ended September. But at the same time, cost-cutting helped it cut its loss to 40-percent year-over-year.

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QBE: LAST DESKTOP STANDING

Intuit announced QuickBooks Enterprise and again achieve revenue growth “in the low 20s” in terms of percentage growth the same week it said QBE will be the only desktop QB package sold to new customers after July 31.

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TEIXEIRA JOINS NET AT WORK

Nancy Teixeira, who formerly led Sage’s North American channel, has joined reseller Net at Work as VP of corporate development.

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INTACCT U.S. ARR UP 30 PERCENT

 Annual recurring revenue for Intacct rose by 30 percent in the United States for the year ended September 30, Sage has reported.

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QUISITIVE SELLING PAYMENTS BIZ

Quisitive Technology Solutions is selling its  payments business PayiQ, formerly known as LedgerPay, to investment firm, Fulcrum IT Partners.

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HSO CANADA SELLS BC/GP BIZ

 HSO Canada has sold its Dynamics GP and 365 Business Central business to Endeavor Solutions.

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SAGE FY23 PRICES UP 4.5 PERCENT

Sage implemented prices increases for its software products by an average of 4.5 percent for the year ended September 30.

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AVIDX REVS RISE 19.7 PERCENT.

AvidXchange sharply cut it loss on a 19.7-percent increase in revenue for the third quarter ended September 30.

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M3 DRIVES COLUMBUS US 3Q

Sales of the M3 product line were responsible for increases in the American operations of Columbus during the third quarter ended September 30.

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