Sage reseller SWK Technologies took home the award for the largest Acumatica Deployment of the Year at the cloud vendor’s Partner Summit this week. New to the Acumatica fold in the last year, SWK leaders, including CEO Jeff Roth, got to be part of the first official announcement at the Acumatica keynote. Many major awards were handed out during the morning, something that does not happen at a lot of mid-market publishers’ conferences. Alan Hardy, who joined SWK when it purchased his ESC Software earlier this year, received the Sales Execution Award for Executing Most Effective Sales Engagement.
The fact that Kashoo will now be privately labeled by franchisor Liberty Tax by itself is not important. The fact that this is the second such deal for the low-cost cloud software vendor–its first was Paychex in October—is very important. The most recent agreement was announced this week by Liberty CEO John Hewitt during the earnings webcast for his company's first quarter ended July 31. “We are testing an accounting package that our franchisees can used to provide small business bookkeeping services,” Hewitt said.
Sage tried to load the show floor with attendees at Summit in Las Vegas in July by piling big-name speakers on the keynote stage. Someone who has priced speakers says Magic Johnson’s fee is $60,000 “and you have to buy fuel for his jet.” Add in Karl Rove and Jessica Alba and lesser-known figures, Robert Gibbs and Biz Stone and the bill for bringing in some national press and the rest of the cost of conferences in Vegas and you get some big bucks.
Australian software vendor, MYOB has invested in Acumatica. Acumatica CEO Jon Roskill said today that MYOB, which is owned by Bain Capital, has made a “significant investment” and has taken a seat on the board. MYOB is also testing a cloud-based product, MYOB Advanced, which it built on the Acumatica platform. “We see a huge opportunity, said Gary Katzeff, national manager of MYOB’s Australian Enterprise Division. The announcement was made today at Acumatica’s Partner Summit in the Denver suburbs. It's an important move. In the cloud race, being able to show a solid financial base is important in raising a company's profile with everyone--the resellers, the ISVs, the customers and prospects.