Accounting News


Sage Seeks Database Independence Sage Software has declared a plan to be database agnostic, an announcement meaning that it will use database engines other than SQL Server.

"We are embracing the concept with Microsoft being a competitor," says Sage Software CEO Ron Verni. He did not outline which databases might be used. However, Sage's Accpac operations support Linux, DB2, and Oracle, along with Microsoft SQL Server.

AccountMate LAN Updated

Partner Insights

AccountMate has launched the first version of its LAN accounting product in five years.

Version 6.5 was introduced because resellers had continued to sell the older version, says president David Dierke. He noted that Version 7.0 of its SQL application will be released later this year. The LAN version, he said, "has the same interface as the SQL product, which makes us very special in the industry, even though they have different coding."

Microsoft To Use XML

Microsoft plans to adopt the XML standard for its file format when it ships Microsoft Office 12 next year.

XML is one of the key parts of Web Services and its use is aimed at letting different software products exchange files. Microsoft made XML a file format that was supported by Office in 2001. The Office Open XML Format will be used in Word, Excel, and PowerPoint.

NetSuite Rolls Out CRM+

NetSuite, the San Mateo, Calif.-based provider of online business software, has introduced CRM+, a new version of its customer relationship management application.

The new version offers eCRM, which has Web site hosting, analytics, customer and reseller portals, and reseller management capabilities.

Intuit to Sell Track-It

Intuit plans to sell Track-It, marking the second of a series of products that it acquired over the last four years that is now on the market.

Last year, Intuit sold FundWare to Kintera. It has announced plans to sell off its Information Technology Solutions business, which handles Track-It, a PC asset tracking package that it acquired in 2002.

Kintera Hires IBM Veteran

Kintera, which makes online software for nonprofit and governmental organizations, has hired Richard Davidson as its new CFO.

Davidson has served as CFO of IBM's $2.5 billion consumer division. He most recently held the same position for inCode Telecom Group, a Sequoia Capital-backed provider of services for the wireless industry.

Intuit Shuffles Execs

Intuit has moved executives in two key product areas, naming Brad Smith as senior vice president/ general manager, QuickBooks, moving him from a similarly titled position that Smith held with the company's consumer tax group.

Intuit is filling Smith's old position by naming its current CFO, Robert Henske, as general manager of the consumer tax unit.

Sage Adopts Accpac CRM

Sage Software is taking its Accpac CRM line and adopting it across its mid-market accounting operations as Sage CRM.

The system will continue to be available in both hosted and on-premises versions as Sage CRM. The two versions have the same interface and features. CEO Ron Verni notes that the system is available under a rent-to-own plan that can give the users back up to 50 percent of the purchase price.

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