Sales-and-use-tax software vendor Avalara is reorganizing its channel in response to what it says has been rapid growth. The Bainbridge Island, Wash.-based company has s named Patrick Falle, a founding investor, as North American Channel Chief. Falle takes over from Pascal Van Dooren, who had been handling all channel duties but now is responsible for overseeing global channel efforts.

Wolters Kluwer's Tax and Accounting operations turned in a 2-percent drop in revenue for the year ended December 31 but showed a rise in organic revenue. And the company was happy that software revenue in North America grew by 5 percent over 2013 and the company expects strong growth in software sales this year. The drop in tax and accounting revenue reflected the transfer last year of some assets to the company's Legal & Regulatory division.

Bill.com, which markets web-based invoicing services, has closed a financing round of $50 million. The company intends to use the proceeds to fuel growth on the heels of doubling its business in the last 12 months. The latest round brings the amount the company has raised to more than $100 million.

The Securities and Exchange Commission is seeking force a former CPA, who it claims ignored its barring him from practice, to obey its orders. The agency said the former accountant, David Rivard, involved in accounting fraud at the former Computer Associates, failed to pay a civil money judgment and also began working as a financial consultant who prepared financial statements, despite the SEC’s action and the loss of his CPA license.