Alex Solomon, co-founder of New York-based Net@Work, says sales of Sage X3 are growing at 30 percent to 40 percent. Despite that, Solomon says that in the Sage lineup X3 "has the weakest leadership. It's mindboggling. You have such a strategic product, and that's where you are investing all your money and your leadership is the weakest they have ever seen." No matter how serious their complaints resellers usually do not tee off about vendor issues publicly.
Newly (again) public MYOB has acquired New Zealand-based Ace Payroll Plus for about $10 million. MYOB also separately announced it is developing a new generation of online payroll products for New Zealand customers. Ace is said to serve about 1.3 million Australian and New Zealand SMBs. I mention this because even though MYOB does not operate in the United States, the fact it is ramping up in Xero's home country of New Zealand makes the worldwide battle of online accounting software providers interesting.
When Xero announced of CEO Douglas Jeffries hiring on January 29, it also announced Matt Jefferson as sales director for the United Kingdom. Jeffries left after eight weeks with no job in hand and websites show Jefferson listing himself as interim sales director from January through March. He is now concentrating his efforts on his company, Jefferson Sales. North American CEO Peter Karpas resigned in September after six months in office.
Highjump Software has acquired Nexternal, a Carlsbad, Calif.-based ecommerce platform provider. It is the latest move by Minneapolis, Minn.-based HighJump under the ownership of Accel-KKR. HighJump, which makes supply chain management software, did not disclose terms. "The acquisition of Nexternal adds important commerce capabilities to further deliver upon HighJump's omni-channel vision and provides new options for HighJump's 14,000 global customers," HighJump CEO Michael Cornell, said in a prepared statement.
Fishbowl Workforce has been released as an app on the iOS Apple Store. Available for several months as an online product, Workforce is a Web-based time clock and workforce management system that allows businesses to track their labor hours and costs. The company describes the app as suitable for employees who are not computer savvy. It monitors employees' time, job progress, shift notes, geo-locations, overtime and payroll expenses.