Acumatica has entered an OEM Alliance with Censof Holdings Berhad, a software vendor based in Malaysia. This is the latest in Acumatica's expansion via companies that agree to utilize its financial software as a basis for their products. According to the announcement, "Censof is continuing its aggressive expansion across the globe to establish major positions in both advanced and emerging markets."
Yesterday was the kind of day when my get up and go had fallen and could not get up. ... With states having difficult experiences with lethal injection, there's some talk about bringing back some other execution methods with a modern twist. In particular, there is hope for the clap-on, clap-off electric chair. ... News reports say that Hilary Clinton is preparing for the first presidential debate as if it were a reality show
FinancialForce has hired Chris Lee as VP of strategic sales. In that role, he is responsible for the company's Enterprise and General Business sales groups He was VP and GM for North America for DocuSign's financial services organization from July 2014 through September 2016. Before that, he was strategic account manager for Salesforce.com from April 2003 through July 2010 and VP of enterprise sales from July 2010 through July 2014.
A 25-percent decline in license revenue, combined with a 10-percent drop in service income pushed QAD to a 2.1-percent fall in revenue for the second quarter ended July 31. Revenue for the manufacturing software vendor fell to just under $70 million for the most recently ended period, down from $71.3 million.
Intuit is envisioning QuickBooks Online Accountant as a platform to unify the software operations of tax and accounting firms. The view the future was outlined this week by EVP CeCe Morken at Intuit's investor day last week. Morken noted accountants utilize separate applications for tax preparation, accounting and practice management.