Infor executives ended fiscal 2013 very happy with their new product direction and promising to spend more on their software lines. That comment should address concerns I've heard that Infor is just mining the companies it bought. Still the company has a lot of work to do as interest expense remains a drag on earnings, although it has been refinancing and cutting that cost.
Serenic's loss grew by 76.4 percent on an 11.7-percent slide in revenue for the first quarter ended May 31. The Canada-based company said as a result it had re-organized its marketing department, hiked fees for support for customers who purchase its products directly and hired a new product manager for its human capital management products.
Sometimes statues emphasize a feature to help us remember famous people and what they are most famous for. It is not quite clear how to handle molding a statue of what made Anthony Weiner famous. But the randy New York Democratic politician is having an impact on popular culture. There's a new phrase entering the language, "to be a Weiner" which means not knowing to quit while you are ahead.
Bob Scott's Insights is published 48 times a year. Friday, August 2, is not one of those days. The wife and I will be in Alaska, somewhere down near Seward as the trip winds up next Friday. So unless there's really good Wi-Fi in Denali, the Kenai Peninsula and points in between, it is very unlikely that emails will be answered. The regular schedule will resume on August 9 as we head into a new round of conferences in August and September, including Acumatica, the Midwest Accounting Show, an Intuit get together and AccountMate roundtables.