Accounting Technology articles from March 2004

Accounting Technology archives from March 2004

A long way to No. 3.(Editor's Note)
March 1, 2004... "What company is the No. 3 accounting software vendor?" one reseller mused as word of the pending purchase of Accpac International began to sink in. Sage Group, the parent of Best Software, was the company that began the consolidation of...

Yanking the supply chain.(Brief Article)
March 1, 2004... Things go well in business when there is communication from one end of the supply chain to the other. In "Supply Chain Management, a Big Hit," Senior Editor Richard McCausland tells how vendors increasingly offer the ability to tie what...

Street talk: reader views.
March 1, 2004... The AICPA has named information security as the top technology issue for 2004. What do you think the top technology issue is? In my opinion, the AICPA got it right. Information security is the top issue for 2004. The threats and...

Syspro seeks vars.(Practice Development News)(Brief Article)
March 1, 2004... Syspro, which makes manufacturing software, has reduced its fees as part of what the Costa Mesa, Calif.-based company says is an aggressive program to recruit new value-added resellers. The company has also created a program that will...

KDSA spun off.(Practice Development News)(Brief Article)
March 1, 2004... RSM McGladrey has spun off its Andover, Mass.-based accounting software reselling unit because of regulatory concerns. KDSA, which employs 12, sells Blackbaud and Great Plains software, and also provides networking infrastructure services....

Centerprise reorganizes it.(Practice Development News)(Brief Article)
March 1, 2004... Centerprise Advisor is reorganizing the information technology activities that currently are based in the offices of its member accounting firms. Much of Centerprise's reselling business has been concentrated at the offices of the former...

ePartners promotes Duffy.(Practice Development News)(Brief Article)
March 1, 2004... ePartners, the national reselling firm based in Irving, Texas, has promoted president Dan Duffy to the position of chief executive officer. [ILLUSTRATION OMITTED] Duffy joined the company in November 2000 as chief financial officer,...

InterDyn grows.(Practice Development News)(Brief Article)
March 1, 2004... InterDyn, a company that represents an alliance of Great Plains resellers, has added several firms in the last few months, including Cargas Systems. Cargas, based in Lancaster, Pa., employs 24 and had revenue of $4.2 million in 2003. Also...

Net@Work names CFO.(Practice Development News)(Brief Article)
March 1, 2004... Net@Work, a New York City-based reseller of Accpac and Best accounting software, has named Yoshito Yamammoto, to the newly created position of chief financial officer. Yamammoto most recently served as treasurer/general manager of Mitsumi...

SSI forms CRM division.(Practice Development News)(Brief Article)
March 1, 2004... Solutions Strategists, a Cranford, N.J.-based Best Software reseller, has formed a CRM division that will handle Best's SalesLogix software line. The division is headed by Joseph Henry, manager of programming and development. "We dove into...

Centerprise sells CIS.(Practice Development News )(Centerprise Information Solutions)(Brief Article)
March 1, 2004... Centerprise Advisors has sold its Centerprise Information Solutions reselling arm to Expert Business Solutions and Services, known as XBSS. [ILLUSTRATION OMITTED] CIS, based in Akron, Ohio, was formed when Centerprise acquired...

MBS sales jump.(Accounting News)(Brief Article)
March 1, 2004... Driven by sales of Navision, revenue for Microsoft Business rose to $190 million for the second quarter ended December 31, up 40 percent from last year's corresponding period. Microsoft has not yet disclosed operating results, expected to...

AccountMate gets face lift.(Accounting News)(Softline AccountMate)(Brief Article)
March 1, 2004... Softline AccountMate introduced a new interface to its software line at Evolution, its reseller conference, last month. David Dierke, AccountMate's executive vice president, says that the new version 6.5 will be easier to install, via the...

Exact sets user confab.(Accounting News)(Brief Article)
March 1, 2004... Exact Software North America has scheduled its firstever end-user conference, to be held this fall in Chicago. The conference, to be called Engage, will be held from October 3 to 6 and is designed for customers of all Exact products.

Strauss goes to open systems.(Accounting News)(Brief Article)
March 1, 2004... Rita Strauss, who had moved from Accpac to NetLedger to work under the late Pat Ripepi, has moved on to Open Systems as director of business development. Strauss, who worked for Red Wing before joining Accpac, is managing a team that is...

Sage buys Macabe.(Accounting News)(Brief Article)
March 1, 2004... Sage has acquired Macabe Associates, a Seattle-based company that makes hundreds of enhancements for Best Software's MAS 90 accounting software. Macabe president Alan Bryant has joined Best as a vice president of its mid-market division,...

NetSuite retools.(Accounting News)(Brief Article)
March 1, 2004... NetSuite, which has said it will double the company's workforce this year, has hired two executives as part of the ramp up. The company has hired Mitchell Williams in the new position of senior vice president of sales. His most recent job...

Timberline cuts staff.(Accounting News)(Brief Article)
March 1, 2004... Timberline Software, which makes accounting applications for the construction industry, has laid off 30 people, or 6 percent of its staff. The Beaverton, Ore.-based company, which was purchased last year by Best Software's parent, the Sage...

Blackbaud retires debt.(Accounting News)(Brief Article)
March 1, 2004... Blackbaud has retired the $115 million debt incurred when the current owners acquired the Charleston, S.C.-based vendor of not-for-profit accounting software and fundraising software in 1999. CEO Bob Sywolski says the company was able to...

IRS taps RIA.(Tax & Financial Planning News)(Brief Article)
March 1, 2004... The Internal Revenue Service has awarded a multi-year $25 million contract to Thomson's Westlaw to make that company its primary source for electronic research. The deal also includes products from Westlaw's sister RIA operations. The...

DiMarco named at Advent.(Advent Software)(Stephanie DiMarco)(Brief Article)
March 1, 2004... Stephanie DiMarco, who founded Advent Software, has taken over the CEO position after holding the job on a temporary basis since May. DiMarco, who founded the company in 1983, served as CEO until 1999. The company has been grappling with...

Alter tops SurePayroll.(Tax & Financial Planning News)(Brief Article)
March 1, 2004... Michael Alter, who has previously headed marketing at SurePayroll, has been named president of the Chicago-based provider of online payroll services. Alter had held the title of senior vice president of marketing and business development...

Intuit execs leave.(Tax & Financial Planning News)(Brief Article)
March 1, 2004... Intuit's mid-level executive ranks have been shaken up with the recent departures of three vice presidents, including two in its tax and accounting operations. [ILLUSTRATION OMITTED] The most recent to leave, Tom Allanson, head of the...

ImageOne buys Krusemark.(Tax & Financial Planning News)(Krusemark Tax Services)(Brief Article)
March 1, 2004... ImageOne, which makes marketing and practice management materials, has acquired the assets of Krusemark Tax Services, a supplier of low-cost Continuing Professional Education for tax professionals. Krusemark, founded in 1987, makes the Tax...

SEC talks to G+C.(Tax & Financial Planning News)(Brief Article)
March 1, 2004... The Securities and Exchange Commission has issued subpoenas to reinterview two executives of Gilman+Cioccia, a tax preparation and financial planning company, as part of an investigation begun more than a year ago. The subpoenas were...

Thomson co-brands CrossBorder.(Tax & Financial Planning News)(RIA Compliance)(Brief Article)
March 1, 2004... RIA Compliance has reached an agreement through which it will market a co-branded version of a planning module from New York City-based CrossBorder Solutions. The system, which will be marketed as the InSource CrossBorder Planning, enables...

Ibbotson offers consulting.(Tax & Financial Planning News)(Brief Article)
March 1, 2004... Ibbotson Associates has established a plan sponsor consulting program to help plan sponsors produce diverse fund line-ups for companies of varying size and makeup. Chicago-based Ibbotson says plan sponsors will be guided to specific fund...

Supply chain management: a big hit: improving the communication lines with vendors and customers can improve the bottom line as well.(Cover Story)
March 1, 2004... If you lined up all the hotdogs served at the Toronto SkyDome in one year, they would cover the distance of 3,241 stolen bases. It's probably not so surprising, then, that the stadium also boasts as many as 24 warehouses for Blue Jays...

Financial planning rebound? A better economy should increase the need for software tools.
March 1, 2004... It might seem that this would be an excellent year for financial planning professionals. Not only is the economy on the rebound, driving small investors back into the markets and freeing up some discretionary income, but the majority of...

Sales & use tax: lifting compliance burdens: as sales and use tax compliance becomes more challenging, software vendors are beefing up their offering for tax practitioners.
March 1, 2004... Sales and use taxes are imposed by more than 7,500 state and local authorities, each with its own set of rules that business owners and their accountants are expected to learn, understand, and comply with, wherever they have customers. ...

State of the VAR market: does having fewer players change the game?(Value Added Reseller)
March 1, 2004... The pain is easing for people like Ivan Cole, whose firm sells three of the Microsoft accounting software lines. "We have been on a roller coaster," says Cole, owner of New York City-based Cole Systems. The company rode the e-business...

StatTools.(New Products)(Brief Article)
March 1, 2004... StatTools creates customized statistical procedures that can be made available to other StatTools users. Using Excel's built-in VBA language, users can utilize the application's data management, charting, and reporting tools. These...

BizBench 2004.(New Products)(Brief Article)
March 1, 2004... BizBench compares ratios of a subject company to a database of similar-sized companies in the same industry and identifies strengths and weaknesses, presenting them in laymen's terms. The report is generated automatically and is complete...

DB2 Everyplace.(New Products)(Brief Article)
March 1, 2004... DB2 Everyplace Version 8 gives users the ability to query, retrieve, and model information in real time via mobile devices such as smart phones, PDAs, and laptop computers. The software can access information from a variety of sources,...

Paradigm 5.0.(New Products)(Brief Article)
March 1, 2004... Designed for smaller nonprofit organizations, Best's Paradigm can accommodate from one to five concurrent users. There is an updated graphical user interface, along with additional navigation options, snapshot reporting capabilities, and an...

Accpac Warehouse Management System.(New Products)(Brief Article)
March 1, 2004... With Accpac WMS Version 3.4, products made from a combination of components in inventory can now be set up as a kit and picked, packed, shipped, and tracked as a single SKU. Warehouses can track the quantity of each kit component in stock,...

EdgarEasePPT.(New Products)(Brief Article)
March 1, 2004... EdgarEasePPT converts an entire slide presentation with one process--by choosing the Convert option off a menu. Working within PowerPoint, the software produces HTML text and tables that match the user's slides to the backgrounds and text...

Magnetic Media.(New Products)(Brief Article)
March 1, 2004... Acclaim Software's W-2 and 1099 Magnetic Media for the iSeries (AS/400) feature interactive, edited data entry, help screens, verification reports, generation of transmittal forms, and output to diskette, tape, and e-filing. Support for...

Tabs3 QuickBooks integration.(New Products)(Brief Article)
March 1, 2004... Tab3 Version 11 improves integration with Intuit's QuickBooks so that users do not need to have QuickBooks installed on every computer that uses Tabs3 in order to exchange critical data, such as clients and costs. Tabs3 integration with...

AccTrak21 Version 11.5.(New Products)(Brief Article)
March 1, 2004... AccTrak21 has added an enhanced CRM module, a Practice Management module for professional service firms, and increased document management capabilities. [ILLUSTRATION OMITTED] The CRM module consolidates financial and non-financial...

Accpac Simply Accounting 2004.(New Products)(Brief Article)
March 1, 2004... Screen, menus, reports, invoices, and training documentation in the bilingual version of Simply Accounting 2004 are presented in both English and Spanish. The application has 100 chart of account templates for different business types,...

Traverse Version 10.1.(New Products)(Brief Article)
March 1, 2004... Traverse Version 10.1 has enhanced capabilities for government and not-for-profit organizations including FASB 117 reporting, cross-fiscal year reporting, and the creation of allocation entries. [ILLUSTRATION OMITTED] The subsidiary...

Cash Compass.(New Products)(Brief Article)
March 1, 2004... Cash Compass financial management software can monitor cash flow, manage budgets, import QuickBooks data, and forecast a company's business future. Cash Compass imports QuickBooks data into both planned and actual tables to provide a...

TimeSheet Professional 9.0.(New Products)(Brief Article)
March 1, 2004... Users of TimeSheet Professional 9.0 can manage time entry of team members from within TimeSheet Professional through the Approval Process function. This feature provides detailed steps throughout the process and includes email notification...

Millennium Practice for QuickBooks.(New Products)
March 1, 2004... Invoices generated by Millennium Practice time and billing software for QuickBooks can now be created and saved as Word documents, while the information is still passed to QuickBooks. Time and expenses are accumulated in the software for...

BusinessOne: changing minds.(Channels)(SAP America Inc.)
March 1, 2004... When people think of SAP, they often think of high-end software. However, with SAP's BusinessOne, designed for small and midsized businesses, the company is out to change people's minds--and the channel is part of the change. In fact, the...

2004 show calendar.(Brief Article)(Calendar)
March 1, 2004... MARCH 24-26 Exact Software, EPIC'04 reseller conference. DoubleTree Paradise Valley Resort. Scottsdale, Ariz. www.exactsoftware.com [ILLUSTRATION OMITTED] MAY 3-5 AICPA Tech 2004 information technology conference. The Venetian...

Corrections.(Correction Notice)
March 1, 2004... In a story about Webinars in the January issue of Accounting Technology, the company Linktivity was incorrectly listed with the address for AccountantsWorld, which is based in Hauppauge, N.Y. Linktivity is a division of Converging Technologies...

Pattie Weaver: evolving with technology.(Accounting Technologist)
March 1, 2004... Pattie Weaver started with Aarons Grant & Habif 18 years ago when PCs were just hitting the market. Now the firm is implementing a document management system and she can't imagine business without technology. The 28-year-old Atlanta-based...