ERP software

The business-planning software company hopes to raise $100 million.

The company begins search for a replacement; CFO Steve Hare will run the business in the interim.

Founder Darin Steward is moving on; the SCI offices will remain in Tulsa.

The deal, valued at $1.55 billion, will create a broader enterprise solution that covers finance to HR.

While on-premise software is still alive and well, its share of the market continues to shrink while cloud-based software’s share grows.

SWC provides technology solutions to midsized businesses in the Midwest United States.

In its fully-realized form, artificial intelligence will raise clients’ expectations about the kinds of decision-making they expect their accounting software, and accountants, to be able to provide.

The money will go to growing its AI, machine learning and cloud capabilities, competing against SAP, Oracle and other business software giants.

Today’s technology gives accountants the ability to advise their clients on an array of business matters far beyond traditional tax or audit services.

Course correction requires more than just spotting monthly variances. Business managers need reliable data at their fingertips.