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QB ONLINE AND DESKTOP GROW

QB ONLINE AND DESKTOP GROW

I get the feeling that if Intuit started selling a line of hair spray labeled "QuickBooks" that it would quickly dominate the market. Everything appeared to be working well as...

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Charles Phillips, InforCEO Charles Phillips received $3.2 million for Infor's year ended April 30. The company's SEC filings show that was down sharply from $4.8 million the prior year. In fiscal 2015, he received a discretionary bonus of $2.4 million that was related to operating performance and debt refinancing transactions during the year. His salary dropped to $733,334 for the most recently ended year, down from $800,000 for fiscal 2014. However, it appears salaries were cut for all executives, except for former CFO Nicole Anasenes, who recently departed. I am assuming this reflected a move to base compensation more heavily on performance by the privately held company (However, it reports publicly.)

Category: News and Analysis
Created on Friday, 07 August 2015 11:52
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Jodi Uecker-Rust, SageSage says there will be no decision on the tenure of Jodi Uecker-Rust, who returned to Sage North America as interim president on June 8. Uecker-Rust served as president of Sage Business Solutions from Feb. 9, 2009 until early October 2010 and left with the arrive of Pascal Houillon as CEO. With the naming of Steve Kelly as CEO in October 2014, she was brought back. The official word is that no decision will be reached until the next fiscal year, which begins on October 1.

Category: News and Analysis
Created on Friday, 07 August 2015 10:45
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Jeff Greeneway, WipflCPA firm Wipfli says it has become the first U.S. channel organization to use Microsoft Dynamics for business process outsourcing in the United States. The Wipfli press release says that the BPO Platform was already offered in Europe. The firm says it has provided outsourced accounting services for decades—presumably via QuickBooks which is shown on its Top 100 VARS submission. The organization says it now will offer these and more services to mid-sized clients via the Dynamics platform.

Category: News and Analysis
Created on Friday, 07 August 2015 01:21
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AlticoAccounting firm Sikich has acquired Altico Advisors, a midmarket reseller based in Marlborough, Mass. With $45 million in revenue, Naperville, Ill.-based Sikich was No. 9 on Bob Scott's Insights Top 100 VARs for 2015. Altico was No. 59 with $7.9 million in revenue. The acquired firm carried Dynamics GP and CRM and NetSuite Sikich carries those and Dynamics AX, NAV and SP. Altico was founded in February 2005 by CEO Michael Kean, who had been a director at the former Tectura.

Category: News and Analysis
Created on Friday, 07 August 2015 00:45
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Lars Björk, Qlik Technologies The stronger American dollar took a $19.9-million toll on the revenue of business analytics vendor Qlik Technologies for the second quarter ended June 30. The company lost slightly more than $13 million for the most recently ended period, a rise from a loss of $10.2 million a year earlier. Revenue reached $145.8 million, up 10.8 percent from $131.6 million in last year's corresponding period, an increase of 26 percent in constant currencies. The impact stemmed from the fact that 68 percent of Qlik's revenue is dominated in foreign currency.

Category: News and Analysis
Created on Thursday, 06 August 2015 14:39
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BSI Special Reports

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BOB SCOTT'S INSIGHTS TOP 100 VARS 2016

BOB SCOTT'S INSIGHTS TOP 100 VARS 2016

Annual Report: 2016 BSI Top 100 VARs The web has reduced the need for large channels; the difference between reseller and ISV is blurring and perhaps most important, the younger generations...

BSI 2015 VAR STARS

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The selection of mid-market accounting software resellers for Bob Scott’s VAR Stars rests on one basic principle: quality, not revenue, as the deciding factor in picking the 100 businesses that...

BSI: 2015 Top 100 VARS

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2015 BSI Top 100 VARS The last few years have seemed to be a story of survival. But the revenue figures reported by this year’s Top 100 VARs tell a much...

THE 2014 VAR STARS: CLOUDIER

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This was somewhat the year of the cloud when it comes to the 2014 VAR Stars. A majority of them carry cloud products, a bare majority. But for those selected...

Report: 2014 Top 100 VARS

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Moving to the Cloud: Aging channel leadership and the usual vagaries of vendors in the reselling channel. This year’s BSI’s Top 100 VARs comes as technology and people are in...

News and Analysis

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QB ONLINE AND DESKTOP GROW

QB ONLINE AND DESKTOP GROW

I get the feeling that if Intuit started selling a line of hair spray labeled "QuickBooks" that it would quickly dominate the market. Everything appeared to be working well as...

XERO PRESENTS PARTNER AWARDS

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There's a new ad campaign that plays off the episode in which Olympic swimmer Ryan Lochte trashed a bathroom in Brazil: "If you are planning on being drunk and disorderly...

COLUMBUS GROWS ON SERVICE REVS

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Danish VAR and developer Columbus this week reported a 55-percent increase in its net result on an 8-percent rise in revenue for the first half ended June 30. Columbus attributed...

RECKON SALES UP, NET DOWN

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New Products

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ACCUFUND INTROS POSITION CONTROL

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HIGHJUMP ADDS SUPPLY CHAIN ANALYTICS

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GRAVITY ADDS MULTI-ENTITY

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Random Thoughts

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At the QuickChek Festival of Ballooning this week it was discovered that surprisingly the Chris Christie balloon did not need to be inflated. Festival organizers said it carried a naturally...

RANDOM THOUGHTS: CANDIDATE TRUMP

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Now that he has endorsed Hilary Clinton as the Democratic nominee for president, Sen. Bernie Sanders will appear in a series of TV commercials in which he is asked, "How...

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I noted one of the national drug store chains has completed its consumer healthcare signage logically. In addition to places on the aisle for footcare, eye care and oral care...

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