Subscriptions to low-cost cloud software vendor Xero hit 717,000 when the company ended its fiscal year on March 31, a 51-percent rise from 475,000 at the end of fiscal 2015. The company recently released those numbers as part of its 2016 annual report.

RSM US was named Worldwide Solution Provider Partner of the Year by NetSuite at the cloud software company's recent SuiteWorld conference. The award is based on sales tier achievements and NetSuite said the accounting firm added dozens of new clients in 2015 "and has proven to be a leader in providing NetSuite support and implementation services to the middle market."

XCM Solutions has hired tax and accounting industry veteran Marc Montpas as VP of sales. His responsibilities with the Quincy, Mass.-based software company include building out and leading the sales organization in North America and expanding into new markets and product areas.