Xero held its first half loss even at roughly $32 million for the first half ended September 30. Revenue for the New Zealand-based cloud software company rose to just under $100 million, up 48 percent from last year's corresponding period. Perhaps the most important numbers are the increase of subscribers since March 30.

AccuFund has introduced a Web Payment Portal that integrates with the AccuFund Accounting Suite. The portal integrates with both the Accounts Receivable and Utility Billing modules of the nonprofit software suite. Payments made through the portal are automatically updated in the suite database.

Blackbaud has reported double-digit increases for both net income and revenue for the third quarter on September 30. CEO Mike Gianoni said during this week's earnings webcast it was a "solid third quarter, positioning us well to finish the year and achieve our 2016 financial guidance, which we updated to increase the cash flow component."

Xero will have its third head of American operations in two years when Keri Gohman takes over as president of the Americas in December. Gohman replaces Russell Fujioka, who was been with the cloud software company, since February 2015. Meanwhile, chief marketing and revenue officer Andy Lark, based in Australia, is also leaving after two years and two months in his job.