Proact's accounting switch knocks £8m off its Q1 sales

Doug Woodburn
clock
Proact's accounting switch knocks £8m off its Q1 sales

Storage integrator is now recognising supplier guarantees and maintenance over course of contract

Pan-European storage integrator Proact has posted a 13 per cent fall in quarterly revenues following its application of a new accounting standard. Under the IFRS 15 standard, Proact has changed ...

To continue reading this article...

Join CRN

  • Enjoy full access to channelweb.co.uk - the UK’s top news source for the IT channel
  • Gain the latest insights through market analysis and interviews with channel leaders
  • Stay on top of key trends with the Insider weekly newsletter curated by CRN’s editor
  • Be the first to hear about our industry leading events and awards programmes

 

Join now

 

Already a CRN member?

Log in

More on Vendor

Adobe: The pandemic has forced the industry to be more flexible

Adobe: The pandemic has forced the industry to be more flexible

In another of our 'Meet the Shortlisters' series for the 2022 Sales and Marketing Awards, CRN catches up with Adobe to talk about being open to change, hybrid working and the importance of looking after staff. Adobe has been shortlisted in three categories...

CRN staff
clock 29 June 2022 • 3 min read
Microsoft indefinitely pushes back date for end of legacy CSP auto-renewals

Microsoft indefinitely pushes back date for end of legacy CSP auto-renewals

The vendor had earmarked 11 July as the final date for the auto-renewal of legacy CSP subscriptions but has now indefinitely extended that deadline

Dan Bennett
clock 29 June 2022 • 1 min read
HPE unveils new partner programme and 'refreshed' portal

HPE unveils new partner programme and 'refreshed' portal

HPE claims Partner Ready Vantage is geared towards making it easier for partners to embrace as-a-service

Dan Bennett
clock 29 June 2022 • 4 min read