SMITH EXITS SAGENina Smith, who headed Sage North America's largest division for the last year, has left the company as major changes continue to roll through the organization following the hiring of new CEO Sue Swenson in March.

At the same time, Sage named Motasim Najeeb to the position of chief technology officer, a position the company had said it would not fill following the October 2007 ouster of Jim Foster, the only person to hold that job.

Smith spent seven years at Sage and was chief marketing officer until the company was reorganized early in 2007 and she was named president of the newly created Business Management Division, which handles all Sage accounting software, including Accpac, the MAS line and Peachtree. Smith's division reported flat revenue for Sage's year ended Sept. 30, and the major Sage 360 marketing campaign that began under her is being radically retooled.

Smith resigned to pursue other interests, according to an announcement e-mailed to resellers. The company said that it is actively seeking a replacement.

Since Swenson started, the company has hired a new CFO and a new president of the payments division, laid off 250 workers at its troubled health care division in June and cut another 150 out of roughly 5,000 North American jobs in December. It sold off its payroll services to CompuPay in August and its tax compliance services to Empagio in November.

- Robert Scott


NetSuite Inc., a provider of online business management software for the mid-market, has unveiled NetSuite Release J, a suite of enterprise resource planning software that has been localized for Japanese accounting standards, usage conventions and tax compliance.

NetSuite said that the new offering is the first Software-as-a-Service product to provide support for Tegata promissory notes payments and Japanese GAAP-compliant financial statements, as well as offering full consumption tax configuration capabilities.

For more, visit

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access