Exact is simplifying its holdings in North America with the planned sale of Longview Solutions. The sale is being made to Marlin Equity Partners for an undisclosed amount—is anybody besides private equity groups buying software applications and companies these days? Based in Canada, Longview was acquired by Exact in 2007. Exact CEO Erik van der Meijden said after his company completed its review of five business units in its Specialized Solutions that Longview lacked a strategic fit.
Exact Macola has released the latest version of its software. Macola 10 is available and the unit’s managing director Alison Forsythe described her goals in a prepared statement. “The launch of Exact Macola 10 will propel us forward toward our goal of becoming the #1 market leader in the ERP software space serving manufacturing and distribution customers in the SMB and mid-market,” she said. The company specified the product as suitable for industries such as aerospace, automotive, food and beverage, metal fabrication and electronics manufacturing.
Intacct recently begged off an invitation to have its product reviewed in our sister publication, The Progressive Accountant. This was a write-up review and certainly the San Jose, Calif.-based company has pushed write-up as a major use for CPA firms that participate in its channel program. The reason for bowing on this one was given by a spokesperson as follows: “We are really encouraging our Intacct Accounting Partners to move their clients away from doing after-the-fact write-up work and move to more value-added, real-time accounting.” … “We don’t really see our software being used for write-up on a consistent basis.”
Infor has named Vibhu Kapoor has been appointed as director for partner recruitment and enablement for the Middle East. He is responsible for growth of the channel for all Infor products in the region and his naming was billed in the company press release as being part of “the latest stage of Infor's execution on a plan to invest significantly to grow, expand and support the Infor Partner Network." Based in Infor’s office in Media City, Dubai, he will be working to growth the channel in the areas of manufacturing, distribution, supply chain, public sector, healthcare and hospitality.