A recent PR pitch sounded more promising that it is apparently is in talking about SAP's Business ByDesign. The approach starts out talking about the woe-beset package being put in the midmarket "where it is bound to thrive." It also talks about driving partner sales and its end-to-end enablement program that will provide a more "personalized approach to answering partner queries." This, it turns out, is a new portal that will provide a place for channel members to reach SAP experts and get questions answered.
Intuit says it has laid off 399 people. That compares to about 8,000 full-time employees it reported when its fiscal 2014 ended on July 31. The company said this week cuts were made across several business and functions. Affected employees will be given the opportunity to apply for jobs elsewhere in the company. A spokesperson said the company had made "organizational changes that drive greater alignment with the company's priorities".
Xero has named Sankar Narayan as its CFO effective in October. He is joining Xero from Virgin Australia where he was CFO for four years. Narayan fills the role vacated by Douglas Jeffries, when he resigned in February after eight weeks on the job. Jeffries was based in San Francisco, Calif. After his quick resignation, COO Ross Jenkins became acting CFO and will return to the COO's job once Narayan is on board. Xero has had trouble hanging on to executives recently.
Infor had a good year for fiscal 2015. However, interpreting the results is complicated by the fact that Infor reported financials for the 11 months ended April 30 as it has changed its financial year, which previously concluded at the end of May. Infor had net income of $19.7 million for the 11 months on revenue of $2.44 billion. For fiscal 2013, it had earnings of $121.7 million on revenue of $2.76 billion. CEO Charles Phillips said revenue grew in all product lines and in most countries.