Trending Now
Companies
QuickBooks Expands Features for Larger Businesses, Targets Middle Market
QuickBooks, known for being a leading enterprise resource planning system for small business CFOs with over 7 million online subscribers, is now focusing on serving larger businesses with more complex operating structures. The recent product enhancements for QuickBooks include expanded roles and permissions, advanced charting and reporting capabilities, and the introduction of QuickBooks Ledger, a new platform for accountants...
Funds
Field Service Software Company Servicemax Merges With SPAC For Nasdaq Launch
ServiceMax, a California cloud software provider, has agreed to merge with a special purpose acquisition company (SPAC) in a deal to take the company public on the Nasdaq stock exchange, the company announced this month. The company, which provides field service management software and other solutions...
People
Oracle Chairman Finds Continued Shareholder Support Amid Cloud Growth
At software powerhouse Oracle, shareholders have demonstrated increased support for Chairman, Co-founder, and Chief Technology Officer Larry Ellison as the company's cloud infrastructure business experiences rapid growth. During a previous meeting, a non-binding proposal suggesting an independent director lead the board faced opposition from 53% of shareholders, excluding current executives...
Features
Software Inflation Surpasses Consumer Price Index, Driving Concerns for Businesses
Software inflation has surged to 8.7%, more than double the consumer price index (CPI) in the U.S., according to Vertice, a SaaS and cloud spending management company. Despite a decline in the CPI this year, software prices have increased noticeably, with sales software seeing the most rapid inflation at 10.6%, followed by finance (10.2%) and productivity tools (10.1%)...