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.
Following last week’s item that McGladrey has signed with Vertex SMB comes the news the sales-tax vendor has signed Cargas Systems. Maybe it’s time to start paying attention to those folks. These two VAR deals are two more than we have seen from Vertex which is pushing its TaxCentral for small and medium-size companies with the tag line “The Most Trusted Name in Tax Now Available in Your Size” on its home page.
Serenic will exit its historical software businesses. The company this week said, as it reported results for the year ended February 28, that it will sell shares in Serenic Canada, Serenic Software and Serenic Software (EMEA) to Sylogist. That means the Serenic Navigator line of nonprofit software based on Dynamics NAV will be marketed by Sylogist. The purchase price is $11.9 million minus the assumption by Sylogist of $3.9 million in Serenic liabilities with about $8 million in proceeds to Serenic. All figures are in Canadian dollars. About $7.5 million will be distributed to Serenic shareholders.