SAP has named Rodolpho Cardenuto as the head of a new global partner operations organization. This group was formed in the office of the co-CEO so SAP is putting all its corporate weight behind it. The GPO will also manage Business One, the OEM business and overall strategic partnerships. Including Biz One is very interesting because that signals the need to put the full force of higher management behind it for whatever reason.
Cloud software vendor Xero has entered an alliance with tax chain, H&R Block. But as important as the alliance is for Xero it hints at a trend in which SaaS accounting vendors seek to separate themselves from the crowd. To compete with QuickBooks Online, they need resources. The first move in this area came when Paychex agreed to market Kashoo's accounting software product.
Nonprofit vendor Blackbaud started delivering the message in its first-quarter results that payments is one of its big initiatives for the year. That came across with increasing strength during presentations by the company's executives at the recent Jefferies 2014 Global Technology, Media and Telecom conference "Our payments is not integrated with all our platforms, but it will be," said CEO Mike Gianoni.
Epicor Software cut its loss for the second quarter ended March 31 to $3.3 million from $12.8 million in last year's corresponding quarter. The company this week reported second-quarter revenue of $242.8 million for the most recently ended period, up 1.8 percent from $238.6 million a year earlier. The revenue side seems a bit anemic, but the company bumped up operating profits by reducing operating expenses by $5 million, combined with increased sales.