Last week Accounting Seed revealed details of its Winter 23 update, which saw a deeper integration into Avalara. NetSuite revealed new localisations for the Brazilian market and launched some SuiteSuccess modules for Brazil. Epicor also issued a product update for BisTrack and LumberTrack ahead of Epicor insights for the building supply industry.
Infor announced that the Saudi Diesel Equipment Co would migrate to a multi-tenant ERP solution, Infor CloudSuite Equipment, as part of its digitisation program. NetSuite has extended its diversity start-up accelerator in the US.
Rootstock Software appointed Matt Wolf as senior vice president of Global Alliances.
Acquisitions
Aptean announced the acquisition of ImPuls AG. It is a provider of enterprise resource planning (ERP) solutions to apparel, footwear, accessories and textile brands and manufacturers.
Visma acquired Flex Applications, a provider of HRM software to Nordic businesses.
Appointments
Oracle has appointed Stuart Levey as executive vice president and chief legal officer.
Xero has announced that Sukhinder Singh Cassidy will become its CEO from February 1st 2023, with Steve Vamos stepping down.
Business
Advanced firm Smart Apprentices has partnered with Turnitin. This new partnership brings together the unrivalled similarity detection capabilities of Turnitin with the comprehensive apprenticeship e-portfolio platform of Smart Apprentices.
Deacom ERP has completed the Technology Evaluation Centers (TEC) Certification program for the fourth time.
Sage will continue its long-time partnership with The Canada Games Council (CGC). Sage has renewed its commitment to the Canada Games Movement through 2030 as a National Supplier of the Canada Games in 2025, 2027 and 2029.
Customer
NetSuite revealed how the Royal Standard, a retailer offering décor, entertaining essentials, and fashion accessories moved from QuickBooks to NetSuite to support its expansion, increasing revenue by 43%.
Raymour & Flanigan has selected Oracle NetSuite to power a seamless shopping experience for its customers using the ERP solution.
Taeyoung Engineering & Construction, a Korean leader in civil engineering, leisure, and broadcasting businesses, has selected Rimini Street to replace expensive low-value vendor support for its mission-critical Oracle ERP and database systems.
Financial Reports
Ramco Systems posted its Q2 results. With revenues of US$15.14 million, with a net loss after tax of US$ 7.64 million. The company has an order book of US$ 17.32 million. It also signed four million dollar plus deals during the quarter.
P.R. Venketrama Raja, chairman of Ramco Systems, commented, “With all geographies reopening their doors to international business and with our focused investments in sales and marketing, we at Ramco have been witnessing an encouraging movement in our pipeline.
“The recent awards and accolades around innovation and transformation are testament to the thrust we have been placing on building an in-depth offering and are helping us garner a prominent position in the market. All these have been enabling us to focus more on our core operations and improve our key parameters. We are hopeful of an improved order booking in the coming quarters.”
Product
Hansaworld revealed details of version 2022-10-22 of its ERP solution. The update adds purchase contracts, parallel exports and support for Bolivia e-invoicing. There are also updates to Costpocket Integration, Nightsbridge Integration, Hotel Module, Telephony Module, Signature in Email, and Approval Rules, as well as various bug fixes.
Intuit has launched an AI-driven Virtual Expert Platform just in time for the 2022 tax season. The platform uses AI to understand what’s being asked, interpret financial and tax documents and rules, and provide clear answers to customer questions.
Oracle launched the Oracle MICROS Simphony mobile order and pay solution. It is a handheld restaurant point-of-sale (POS) and payment device. It enables servers to place orders and have them fired off to the kitchen in seconds.
Pandle has improved the set-up of bank feeds. It detects and flags if the bank account currency is different to that within Pandle.
Paperless Parts has added support for multi-component nesting, greater flexibility to its Bills of Materials management, collaboration for distributors, and improved the Paperless Parts Viewer.
QAD released DSCP 2022.1. A core feature of the release is the intuitive planner experience. It uses extended home pages and dashboards.
