Avalara has acquired VAT Applications, a company based in Belgium that develops the iVAT suite of applications. It is the latest in a series of acquisitions Bainbridge Island, Wash.-based Avalara has made in the indirect tax market. This year, the sales and use tax company has already acquired to specialized indirect tax companies, HotSpot Tax and EZtax. VAT Applications was founded by CEO Patrick Wille in December 2000. The iVAT Suite includes VAT determination and compliance products.
Sage is renaming its midmarket product of the future at the end of next month. Sage ERP X3 will become Sage X3 on July 27. Hallelujahs were said by headline writers everywhere. A Sage product news update says customers react to ERP as being too difficult, complex and expensive while Sage is pushing X3 as faster, simpler and flexible. I thought putting ERP in the name is clunky and also that end users don't know what ERP is. Once I told a friend that and she responded "When we talk about ERP, users just look at us.
Reseller Encore Business Solutions has sold its Syspro division to Syspro Canada. Syspro said the move allows "Encore to sharpen their strategic focus on the growth of their Microsoft Dynamics ERP, Microsoft Dynamics CRM and Business Intelligence practices." Syspro said the purchase provides a surge of upward momentum that aligns with their growth strategy." And everybody is happy.
Nik Puni, the president of cloud specialist Sererra Consulting Group, has joined Intacct. Puni made the move in March, becoming the director of systems integration at the accounting cloud software vendor. Intacct did not announce the move, but it popped up during my viewing of some LinkedIn connections. He was with Irvine, Calif.-based Sererra from December 2008 through March. At Sererra, he was practice manager of that organization's Salesforce.com & Applications Division.
Sovos Compliance, formed by the combination of three companies, is pulling together the user conferences of those organizations. SovosCon 2015, the first ever, will be held October 28 through 30 at San Diego, Calif. The conference combines Convey Comply + Connect (C2) Summit and Taxware Summit, the events held by the three entities—Convey, VAT Resources and Taxware—that formed Sovos in the last few months. Sovos bills the event as promising to be the largest tax compliance technology conference.