Author: Your TechCFO

TreviPay, a leading B2B payments and invoicing network, has launched advanced purchase controls to help businesses streamline purchasing, enforce compliance, and minimize delays. The new functionality allows companies to configure custom purchasing policies that align with procurement needs, reducing manual reconciliation work and ensuring seamless transactions. A Smarter Way to Manage B2B Payments According to Dan Zimmerman, Chief Product and Technology Officer at TreviPay, these controls provide businesses with flexibility while optimizing access to spending. “Creating frictionless B2B commerce experiences is critical for driving long-term buyer loyalty. Our advanced purchase controls allow businesses to customize guardrails ahead of transactions, helping…

inance teams using Odoo’s enterprise resource planning (ERP) software now have a powerful new tool to enhance their accounts receivable (AR) processes. Chaser has officially integrated its automated AR solution with Odoo, providing businesses with advanced credit control, automated follow-ups, and real-time insights. Addressing Late Payments and Cash Flow Gaps Manual invoice chasing and credit control are time-consuming and prone to errors, leading to delayed payments and strained customer relationships. With Chaser’s integration, businesses can automate AR processes, reducing bad debt risk and improving overall cash flow. Chaser’s solution includes: The integration ensures data accuracy, eliminating the risk of chasing…

TrueProfile.io, a global career empowerment platform, has partnered with SB Finance, an affiliate of Security Bank, to offer affordable personal loans designed for Filipinos in the Philippines and overseas. This initiative is set to provide crucial financial assistance to skilled professionals seeking career growth, education, migration, and personal support. Why This Partnership Matters Many Filipino professionals, particularly Overseas Filipino Workers (OFWs), struggle to access financial support due to their residency status abroad. This collaboration aims to bridge that gap by offering: · Low-Interest Personal Loans: Rates start at 1.89%, making borrowing affordable. · Career Advancement Loans: Funding for certifications, training,…

Stablecoins promise predictability in an unpredictable crypto market. Pegged to fiat currencies like the U.S. dollar, they are marketed as the safe harbor of digital assets. The recent regulatory scrutiny and shifting reserve compositions suggest that CFOs and finance leaders should look beyond the name. What’s Behind the Reserves? A stablecoin’s reliability hinges on its reserves. While issuers claim full backing with traditional assets, recent disclosures reveal a mix of commercial paper, secured loans, and other investments. This lack of transparency has triggered regulatory interventions, with the European Union’s Markets in Crypto-Assets Act (MiCA) forcing some issuers, like Tether, to…

Gold has surged past the $3,000 mark for the first time in history, reaching $3,027 per ounce as investors seek stability amid rising global tensions. Analysts point to escalating conflict in the Middle East and ongoing economic uncertainties as key drivers of the rally. “In the current environment, every day seems to offer a new catalyst for gold prices,” said Kathleen Brooks, research director at XTB. Gold, often seen as a safe-haven asset, has gained over 15% year-to-date, significantly outpacing global equities. Central banks and individual investors continue to increase their holdings, driven by inflation fears and geopolitical instability. Thames…

Let’s get real—financial planning isn’t just about crunching numbers. It’s about staying ahead in a competitive market, making informed business decisions, and ensuring long-term profitability. Whether you’re a CFO, financial analyst, or business leader, mastering Financial Planning and Analysis (FP&A) is critical to driving growth and navigating uncertainties. Why Financial Planning and Analysis (FP&A) Matters in B2B Before we dive into best practices, let’s start with some compelling statistics: ✔ 65% of CFOs are increasing FP&A technology budgets by 20%✔ 70% of FP&A teams are adopting cloud-based systems for efficiency✔ 20% productivity increase in FP&A teams with AI integration These…

The European Central Bank (ECB) is raising alarms over America’s increasing embrace of cryptocurrency, warning that lax regulation could lead to a financial crisis with worldwide consequences. “The United States risks sinning through negligence,” said ECB Governing Council member François Villeroy de Galhau in an interview with La Tribune Dimanche. “Financial crises often originate in the U.S. and spread globally. By encouraging crypto assets and non-bank finance, the American administration is sowing the seeds of future disruptions.” Trump’s Pro-Crypto Push Changes U.S. Stance Under President Donald Trump, the U.S. has taken a sharp turn toward supporting digital assets. Trump has…

Bectran is gearing up to make a significant impact at the 2025 Credit Research Foundation (CRF) Forum, set for March 17-19 in San Diego, California. As a platinum partner and sponsor, Bectran will showcase advanced advancements in AI and robotic process automation (RPA) and their transformative impact on credit management. The event gathers top credit, finance, and accounts receivable leaders for two and a half days of high-value networking and industry insights. Bectran’s breakout session, “The Current State of Automation: AI, RPA, and the Credit Department,” will provide insight into how businesses utilize technology to streamline processes, reduce risk, and…

B2B embedded finance platform Toqio has named Yan Rocubert Paredes its new VP of Technology, reinforcing its commitment to innovation in fintech. Paredes, who brings over 20 years of experience in software engineering, will operate from the company’s home base in Spain. Who Is Yan Rocubert Paredes? Paredes has an impressive track record, having held leadership roles at Adevinta Spain, Raet, Unitrends, and the Ministry of Foreign Affairs of Cuba. Most recently, he served as Head of Engineering at French BNPL firm Alma, where he spearheaded technological advancements in the payments sector. Toqio’s Strategic Growth in Key Markets In addition…

Flex, a fast-growing fintech company, has secured $225 million in equity and debt funding to revolutionize financial management for business owners. The funding round includes a $25 million equity investment led by Titanium Ventures, with contributions from the Company on Ventures, Florida Funders, MS&AD Ventures, and others. Additionally, Victory Park Capital is providing a $200 million credit facility to support Flex’s rapid expansion. Solving a Key Pain Point for Business Owners Managing business and personal finances can be a nightmare for entrepreneurs. Many struggle with cash flow gaps, reconciliation issues, and fragmented financial tools. Flex aims to solve this by…

HSBC has joined forces with TreviPay to revolutionize digital trade, making it easier for businesses to offer flexible payments and financing solutions at checkout. This partnership is set to enhance the B2B purchasing experience by implanting trade credit and invoice management directly into online sales platforms. Why This Matters for Businesses E-commerce is reshaping B2B trade, and businesses need seamless, risk-free payment solutions. HSBC’s expertise in global trade finance, combined with TreviPay’s order-to-cash technology, enables businesses to expand sales channels, offer more payment options, and improve cash flow. “The way businesses trade is changing, and they need innovative solutions to…

Fiserv, a global leader in financial technology solutions, has successfully completed its acquisition of Payfare, a move aimed at expanding its embedded finance capabilities. This acquisition strengthens Fiserv’s position in the digital banking and payments space by integrating Payfare’s expertise in on-demand and gig economy financial solutions. With this acquisition, Fiserv gains access to Payfare’s instant payment solutions, widely used by gig workers and independent contractors. The integration is expected to enhance Fiserv’s embedded finance ecosystem, offering seamless digital payment experiences across various industries. CEO’s Perspective on the Acquisition “Our acquisition of Payfare accelerates our mission to deliver real-time, embedded…

Paycorp, a global leader in payment solutions, has announced the appointment of John Chaplin as a non-executive director to its board. With over 30 years of expertise in fintech and retail payments, Chaplin brings a wealth of knowledge to further strengthen Paycorp’s governance and innovation. Chaplin has held senior leadership roles at Visa, First Data, and Global Processing Services, playing a key role in expanding payment networks, driving fintech innovation, and scaling businesses globally. His expertise spans card payments, mobile transactions, and B2B financial solutions. “John’s deep industry insights and strategic leadership make him an invaluable addition to our board,”…

Vayu, a no-code pricing and billing platform, has raised $7 million in seed funding to transform how B2B tech companies manage revenue. The funding round was co-led by Flint Capital and The Garage, supporting Vayu’s mission to simplify hyper-dynamic pricing without engineering bottlenecks. Why This Matters for B2B Finance Teams As pricing models become more complex, traditional billing systems struggle to keep up. Vayu’s platform enables businesses to adopt flexible pricing strategies, including usage-based, subscription and outcome-based models. With this solution, finance teams gain control over revenue processes without needing extensive IT involvement. “In a world where each contract is…

DebtBook has launched ‘Sizing,’ a powerful new feature designed to help government and nonprofit treasury team’s structure, compare, and analyze financing options, all within a single platform. For years, treasury teams have relied on external advisors to model debt issuances. Now, with DebtBook’s Sizing feature, they can take full control. This tool enables users to structure new money issues, assess different financing scenarios, and integrate proposed debts into their existing portfolios. Powerful Structuring at Your Fingertips Historically, treasury departments have relied on external advisors to model new debt issuances. But now, with DebtBook’s Sizing feature, teams can take control of…

Nvidia is set to release its Q4 earnings after the bell on Wednesday, and investors are watching closely. The company has been riding high on the AI revolution, supplying its powerful chips to tech giants like Microsoft, Google, and Amazon. But looming trade tensions and export restrictions could shake its dominance. Analysts predict Nvidia will report earnings per share (EPS) of $0.84 on revenue of $38.2 billion, massive year-over-year growth. Yet, for a company that saw EPS jump 486% and revenue skyrocket 265% last year, anything less than stellar could disappoint investors. Tariffs and Trade Wars: A Threat to Growth? …

B2B companies are unlocking new revenue streams by embedding payment solutions directly into their platforms. However building these solutions in-house is costly, time-consuming, and full of compliance hurdles. That’s why white-label partnerships are becoming the go-to strategy for payment monetization. According to industry experts, these partnerships enable businesses to offer payment services under their brand, enhancing customer experience while increasing retention and revenue. Why White-Labeling Works Justin Downey, VP of Product at Maverick Payments, explains that white-labeling payments within platforms strengthens customer loyalty and provides valuable data insights. “Embedding payments into SaaS platforms and CRMs makes transactions seamless while giving…

Mastercard is stepping up to support middle-market companies, businesses that generate between $10 million and $100 million in annual revenue but often fall into a financial gray area. On Tuesday (Feb. 18), the company announced the launch of its Middle Market Accelerator, a program designed to help financial providers deliver customized solutions to these underserved firms. Unlike small businesses, which benefit from extensive support programs, and large enterprises with access to strong financial infrastructure, middle-market firms often struggle to find financial products that fit their needs. Many are forced to adapt small-business solutions that don’t scale or enterprise-level tools that…

KKR, the global investment powerhouse, has made a significant move by acquiring a stake in Employment Hero, the leading HRM platform revolutionizing human resource management for small and medium-sized businesses (SMBs). The acquisition, announced today, involves KKR funds purchasing the stake from SEEK Investments, while SEEK continues to back Employment Hero’s mission. Founded in 2014, Employment Hero has rapidly expanded, providing an end-to-end employment operating system (eOS) that offers a seamless HR, payroll, recruitment, and employee engagement platform. Serving over 300,000 businesses globally, the company has proven its ability to simplify the employee lifecycle while enabling businesses to focus on…

SAP and Databricks have joined forces to revolutionize how businesses harness their data for artificial intelligence (AI). The collaboration integrates Databrick’s Data Intelligence Cloud into the newly launched SAP Business Data Cloud, enabling organizations to unify and utilize their data more effectively. Seamless Data Integration for Smarter AI This partnership eliminates data silos, allowing businesses to consolidate SAP and third-party data into a single source of truth. The result? Faster analytics, improved AI capabilities, and streamlined decision-making across departments like finance, supply chain, and talent management. “Every organization is searching for a faster, more reliable way to translate their data…

Chaser, a leading accounts receivable (AR) platform, has officially integrated with Sage 200, a widely used enterprise resource management (ERP) software. This strategic partnership aims to streamline AR management, reduce late payments, and automate credit control processes for businesses. Tackling the Late Payment Crisis The burden of late payments continues to plague businesses, causing cash flow disruptions and financial instability. Many companies struggle with inefficient manual invoicing and credit management, leading to lost revenue and delayed growth. Chaser’s integration with Sage 200 eliminates these challenges by offering automated invoice tracking, payment reminders, and debtor management. Boosting Efficiency and Cash Flow …

HSBC recently announced a significant restructuring of its investment strategy, focusing on Asia and the Middle East. The bank is winding down its equity businesses and M&A activities in Europe and the Americas. Instead, resources are being reallocated to regions with higher growth potential, leaving many wondering what this means for their portfolios. Why the Shift? Experts suggest that the decision boils down to financial performance and market dynamics. Max Stamakun, CFA and portfolio manager at Israilov Financial, highlighted key factors behind the pivot. “HSBC’s Western investment banking division contributes only about 6% to its net operating income. Add to…

Boost Payment Solutions, a global leader in B2B payments has made waves in 2024 with a remarkable 148% increase in processed transactions compared to the previous year. This exponential growth reflects the company’s commitment to driving innovation and efficiency in corporate payments. Dean M. Leavitt, Founder and CEO of Boost, highlighted the company’s vision: “Our focus on delivering advanced solutions like Boost 100XB and promoting strategic collaborations, such as our partnership with American Express, is transforming the way businesses handle payments globally.” Key Milestones from 2024 Transaction Volume Growth Boost processed 8.8 million transactions in 2024, accompanied by a staggering…

Onyx CenterSource, a global leader in B2B payments and business intelligence for the hospitality industry, has just revealed its latest breakthrough- the OnyxInsights platform. Designed to empower hotels and travel agencies with advanced analytics and actionable insights, this platform promises to optimize operations, enhance revenue streams, and streamline decision-making processes. What’s in It for the Hospitality Industry? The OnyxInsights platform combines stay and booking data into comprehensive, interactive dashboards. These tools allow businesses to track commission payment processes, increase funded transactions, and benchmark daily rates against industry standards. Scott Gutz, CEO of Onyx CenterSource, highlighted the platform’s potential: “Hospitality professionals…

Jump, a leading provider of AI-driven tools for financial advisors, has raised $20 million in new funding to accelerate its mission to revolutionize the financial industry. This investment reflects a growing demand for AI-powered solutions that enhance the client and advisor experience. A Game-Changer for Financial Advisors Jump’s AI assistant is designed to seamlessly integrate into the daily workflow of financial professionals, helping them automate tasks such as meeting prep, notetaking, compliance documentation, CRM updates, and client follow-ups. The company’s AI technology also integrates with popular platforms like Zoom, Teams, Salesforce, and Redtail, ensuring that advisors can work more efficiently…

Financial Planning and Analysis (FP&A) is a critical function within organizations, enabling them to make informed decisions based on financial data. However, various challenges can hinder the effectiveness of FP&A processes. This blog explores the common challenges in financial planning and analysis, including financial forecasting, budget management, risk assessment, and cash flow analysis. Understanding these challenges is essential for organizations aiming to enhance their financial performance and strategic planning. Understanding Financial Planning and Analysis FP&A involves the processes of budgeting, forecasting, and analyzing an organization’s financial performance. It provides insights that guide strategic decision-making and helps organizations allocate resources effectively.…

As businesses support an uncertain 2025, corporate leaders are focused on one key goal, cost management. In an era of economic challenges, shifting regulations, and geopolitical tensions, executives are shifting their strategy towards tightening the purse strings while still aiming to grow. Survey Insights: A Global Focus on Cost Control According to Boston Consulting Group’s (BCG) annual survey, nearly one-third of C-suite executives, spanning industries and regions, are making cost management their top priority heading into 2025. This marks the third consecutive year management has topped the agenda, outpacing other objectives like growth or revenue management. A notable 40% of…

The financial sector is undergoing a dramatic shift, by the rise of automation, artificial intelligence (AI), and innovative FinTech solutions. B2B companies are no longer just looking to stay afloat, they’re diving headfirst into new technologies to stay ahead. CFOs and treasurers are moving quickly to implement predictive tools that promise to revolutionize liquidity management, forecasting, and operational efficiency. AI-Powered Finance: Reshaping Back Office Operations CFOs are recognizing the vast potential of AI to automate traditional finance functions. From accounts payable (AP) to treasury management, AI is transforming the finance back office. Manual processes are slowing down crucial decision-making, but…

As we move into 2025, the financial planning and analysis (FP&A) landscape is evolving rapidly, driven by technological advancements, changing regulations, and shifting market dynamics. Understanding these trends is crucial for organizations aiming to stay competitive and make informed decisions. In this blog, we’ll explore the top five trends shaping FP&A in 2025, focusing on portfolio strategy, retirement contributions, yield strategies, tax planning, and financial planning checklists. Understanding Financial Planning and Analysis Financial planning and analysis (FP&A) encompasses processes that organizations use to forecast future financial performance, analyze historical data, and support strategic decision-making. Key components include budgeting, forecasting, variance…

Capchase, a rising star in the B2B payments space, has seen explosive growth in 2024 with its innovative solution, Capchase Pay. Designed specifically for software buyers, Capchase Pay has grown its adoption rate by a staggering 800%. This surge highlights a broader trend: B2B buyers are increasingly turning to Buy Now, Pay Later (BNPL) solutions to streamline their purchases and manage cash flow. Capchase Pay’s Growing Popularity Among Software Buyers In recent months, Capchase Pay has been selected as Stripe’s B2B BNPL payment method for the US, a key milestone that underscores its impact in the market. Software buyers, particularly…

Nue has just secured $20 million in Series A funding to take Revenue Lifecycle Management to the next level. Led by Inovia Capital, the funding round also saw participation from Information Venture Partners, Bluefish Capital, and others. This investment positions Nue as a leading player in transforming how B2B SaaS companies manage revenue and financial operations. With public and private clients like Procurify and Iodine already onboard, Nue is delivering on its promise of agility, efficiency, and scalability. The End of Outdated Tools Legacy systems can no longer keep up with the fast-paced demands of today’s B2B SaaS market. Nue’s…

Ramp, a leading New York-based spend management fintech, has made significant leadership moves, announcing the promotion of three key executives to key roles. These strategic changes are set to accelerate the company’s ambitious plans for growth and market expansion. New Leadership Roles The promotions include Will Petrie, who takes on the role of Chief Financial Officer (CFO), Geoff Charles, now serving as Chief Product Officer (CPO), and Nik Koblov, promoted to Executive Vice President (EVP) of Engineering. Each of these leaders brings a wealth of experience and a proven track record of driving Ramp’s success in their respective fields. Will…

Financial planning and analysis (FP&A) encompasses the processes that organizations use to forecast future financial performance, analyze historical data, and support strategic decision-making. FP&A involves budgeting, forecasting, variance analysis, and reporting, all of which help organizations understand their financial health and make informed business decisions. The Importance of FP&A The significance of FP&A in modern businesses cannot be overstated: Key Components of FP&A 1. Workforce Planning Workforce planning is a critical component of FP&A that focuses on aligning human resources with organizational goals. 2. Sales Planning Sales planning involves forecasting sales revenue and aligning it with organizational objectives. 3. Financial…

A new proposal from Perplexity AI could drastically reshape the future of TikTok in the United States. The artificial intelligence startup has pitched a plan that would allow the U.S. government to own up to 50% of a merged entity between Perplexity and TikTok’s U.S. operations. The move could lead to a significant restructuring of one of the world’s most popular social media platforms. Government Stake in TikTok’s U.S. Operations The fresh proposal, presented last week, is a revision of an earlier plan submitted to TikTok’s parent company, ByteDance, on January 18. It comes after the looming threat of a…

The B2B financial world is undergoing a dramatic transformation, driven by artificial intelligence (AI) that is redefining payment processes. Traditional methods of handling B2B payments, often depending on manual processes, are quickly becoming outdated as companies look to optimize workflows and reduce inefficiencies. AI-Powered Innovation in Payments Generative AI is poised to rebuild the payment processing sector. “AI offers a transformative opportunity to streamline, optimize, and upgrade operations, particularly B2B payments,” said Rinku Sharma, Chief Technology Officer at Boost Payment Solutions. Sharma’s insights underscore AI’s ability to move beyond just automation, it’s about enhancing decision-making and integrating real-time intelligence into…

Artificial intelligence (AI) is revolutionizing how organizations handle their financial operations and decision-making processes. AI-powered financial analysis represents a quantum leap forward from traditional financial management tools, offering unprecedented insights and predictive capabilities that are reshaping how businesses understand and plan their financial futures. Understanding AI-Powered Financial Analysis At its core, AI-powered financial analysis combines advanced machine learning algorithms with vast amounts of financial data to uncover patterns, predict trends, and automate complex analytical tasks. This technology goes far beyond simple spreadsheet calculations or basic statistical analysis, instead employing sophisticated neural networks and deep learning models to process both structured…

Ramp has announced an innovative addition to its financial operations platform, the Ramp Treasury Solution. Designed to maximize cash returns and streamline liquidity management, this innovation is set to redefine how businesses handle finances. With the new Ramp Treasury, companies can earn up to 35 times more on operating cash than the national average, according to Ramp’s recent press release. Businesses also have the option to access higher yields in investment accounts, delivering unprecedented value with minimal effort. Optimizing Working Capital and Payments One of the standout features of the solution is its ability to provide businesses with an additional…

Highnote, a leader in modern card issuance and program management, has announced securing $90 million in Series B funding. This round was spearheaded by Adams Street Partners, with participation from notable investors including Oak HC/FT, WestCap, and Costanoa Ventures. Highnote’s funding enables its entry into the U.S. merchant acquisition, establishing it as a pioneer in embedded finance with a unified payments platform. Unified Platform for Issuing and Acquiring Highnote’s acquiring solution integrates issuing and acquiring, offering full pay-in and pay-out capabilities, simplifying transactions, reducing costs, and streamlining operations for enterprises and B2B customers. The API-driven acquiring platform supports card payments…

UK-based consumer group Fairer Finance has introduced a new product rating system specifically aimed at small businesses. The initiative seeks to provide clarity to entrepreneurs who often face overwhelming choices when selecting a bank account. Helping Small Businesses Choose with Ease Fairer Finance, known for its consumer-oriented product ratings, now offers evaluations of over 30 categories, including banking, insurance, and credit products. The new ratings will provide business owners with a streamlined approach to selecting business bank accounts, offering insights into what is essential for their operations. James Daley, Managing Director at Fairer Finance, shared his vision: “Our new ratings…

As energy markets evolve, seasoned executives and decision-makers are shifting focus to smaller players with the potential for exponential growth. Penny stocks, often overlooked, now offer enticing prospects. Among them, United Energy Group, Guangdong DFP New Material Group, and Leo Group stand out for their resilience and strategic positioning in an uncertain economy. 1. United Energy Group With operations spanning South Asia, the Middle East, and North Africa, United Energy Group (UEG) commands attention. Backed by a seasoned leadership team, UEG’s market cap of HK$9.95 billion underscores its steady presence in the energy sector. Despite annual losses growing at 23%,…

Alberta Enterprise Corporation (AEC) has committed CAD 5 million to Pender Ventures’ second fund, the Pender Technology Inflection Fund II. This strategic move is aimed at accelerating Alberta’s burgeoning tech startup ecosystem, particularly in the health tech and B2B sectors. A Boost to Alberta’s Growing Tech Scene Pender Ventures, a renowned Canadian venture capital firm, has raised a total of CAD $100 million for its second fund. The firm plans to use these funds to support early-stage technology businesses, particularly those focused on B2B software and health technology. With a new full-time presence in Calgary, Pender Ventures is deepening its…

PayPal, Deloitte, and Bitwave are co-hosting the much-anticipated “On-Chain B2B Payments Day” on February 27, 2025, an innovative event designed to accelerate the global adoption of on-chain B2B payments. The event will take place during ETHDenver 2025, the premier conference for Ethereum developers and blockchain innovators. Financial leaders, accountants, and enterprise executives will gather to explore how blockchain technologies and stablecoins are reshaping the future of B2B transactions. Stablecoins Take Center Stage Deloitte’s Rob Massey, Global Tax Leader for Blockchain & Digital Assets, emphasized the critical role stablecoins play in the evolving financial landscape. “Stablecoins are transforming business transactions by…

Float Financial Secures $48.5M in Series B Funding Led by Goldman Sachs Float Financial, a rapidly growing fintech company, has raised $48.5 million in its Series B funding round. Goldman Sachs led the investment, reflecting strong confidence in the company’s ability to disrupt the financial management space. Why Investors Are Paying Attention The funding round highlights key strengths of Float Financial that caught investors’ attention: How Will the Funding Be Deployed? Float Financial aims to leverage this investment to: Leadership Perspective “This funding milestone is a testament to the value we deliver to our customers,” said [CEO’s Name, if available]. “With Goldman Sachs backing…

Billtrust Leads the Way in B2B Payments with AI-Enhanced Innovations Billtrust, a prominent name in the B2B payments space, has announced significant milestones achieved in 2024, driven by its AI-enhanced platform innovations. The fintech company continues to reshape the payments ecosystem by focusing on automation, operational efficiency, and customer-centric solutions. AI-Driven Achievements in B2B Payments Through its integration of advanced artificial intelligence, Billtrust has streamlined invoicing, payment processing, and cash application workflows. The platform now supports faster reconciliation and predictive analytics, enabling businesses to optimize their cash flow management and reduce processing times. Key 2024 Milestones Leadership’s Vision for 2025 and Beyond Billtrust…

Discover how technology, strategic leadership, and evolving regulations are reshaping the B2B landscape in 2025. Explore advancements in AI, real-time payments, and global financial standards driving innovation across industries. The intersection of technology, leadership, and regulation is fundamentally reshaping the B2B ecosystem, paving the way for transformative changes across industries. As companies adapt to the evolving landscape, 2025 promises to be a pivotal year for innovation and progress. Strategic Leadership in Finance CFOs are stepping into broader strategic roles, leveraging advanced technologies to drive transformation. Their responsibilities now extend beyond financial reporting to include guiding their organizations through complex challenges,…

Banks and financial institutions worldwide are navigating through significant changes in payment systems. The rise of SEPA instant payments in the European Union marks a turning point in B2B financial services, pushing the industry toward 24/7, real-time transactions. This new framework, effective from January 9, ensures payments settle in less than 10 seconds, a stark contrast to the previously more relaxed timelines of several hours. While SEPA payment systems allowed for due diligence checks over a longer period, the push for instant payments has created a surge in demand for faster and more transparent services. This shift is expected to…

The financial services industry is at the forefront of technological innovation, with artificial intelligence (AI) playing a pivotal role in transforming operations and enhancing customer experiences. As organizations increasingly adopt AI-driven financial solutions, understanding the best practices for AI integration in financial services is essential for maximizing benefits while minimizing risks. This blog will explore effective strategies for integrating AI into financial operations, focusing on data management, compliance standards, and successful implementation steps. AI Integration in Financial Services AI integration in financial services refers to the incorporation of artificial intelligence technologies into various financial processes and systems. This includes using…

OpenFunnel, the AI-powered platform transforming B2B SaaS outreach, has raised $1.3 million in funding from prominent investors including Y Combinator, Transpose Capital, NYX Ventures, and Decacorn Capital. The new funding will help OpenFunnel revolutionize outreach strategies, utilizing AI agents to deliver real-time, personalized engagement for businesses across the globe. Solving Inefficiencies in B2B Outreach Traditional outreach efforts rely on static databases, often unable to keep up with rapidly evolving market trends. OpenFunnel’s AI agents solve this by offering real-time, hyper-personalized outreach strategies, empowering companies to engage effectively with potential clients. By utilizing context-driven signals, OpenFunnel’s AI ensures businesses can stay…

Visa has teamed up with Qashio, a leading spend management solutions provider, to launch an innovative B2B travel payments solution. This partnership aims to simplify travel payments for companies across the UAE, MENA, Europe, and the UK, with a robust investment of over AED 100 million for expansion in the coming years. A Game-Changer for the Travel Industry The new Visa Commercial Choice Travel program utilizes Visa’s extensive payment infrastructure, enabling travel companies to access Qashio cards for seamless transactions in multiple currencies including AED, SAR, USD, EUR, and GBP. With the solution fully integrated with global distribution systems (GDS)…

AI in financial institutions refers to the application of artificial intelligence technologies to enhance various processes and services within the finance sector. This includes using machine learning algorithms, natural language processing, and predictive analytics to analyze data, automate tasks, and make informed decisions. The integration of AI into finance has led to numerous innovative solutions that improve operational efficiency, reduce costs, and enhance customer experiences. The Importance of AI in Financial Services The significance of AI in financial services is evident in several key areas: Key Challenges of Implementing AI in Financial Institutions While the benefits of integrating AI into…

Elite, a leading provider of financial management solutions for law firms, has announced the acquisition of Tranch, an advanced B2B payments platform. This strategic move expands Elite’s SaaS portfolio and furthers its mission to drive digital transformation across law firms globally. A New Era in Payment Automation Founded in 2021 by Philip Kelvin and Beau Allison, Tranch has rapidly become a leader in invoice automation. The platform offers seamless payment solutions that allow law firms to streamline their billing processes, reduce cash collection cycles, and enhance profitability. Tranch’s unique payment options, Pay Now, Pay by Card, and Pay Later, offer…

The financial services industry is undergoing a significant transformation, driven by advancements in artificial intelligence (AI). As organizations strive to enhance efficiency, improve customer experiences, and mitigate risks, understanding the trends in AI for financial services is crucial for staying competitive. This blog will explore the top five trends shaping the future of AI in finance, focusing on key applications such as fraud detection, risk management, and innovative banking solutions. Trends in AI for Financial Services 1. Enhanced Fraud Detection AI-Powered Fraud Detection Tools go beyond traditional rule-based systems. Modern machine learning algorithms analyze millions of transactions in milliseconds, identifying…

Opendoor Technologies experienced a significant drop in stock value, plunging 32% in December. The real estate technology company saw its fortunes reverse as mortgage rates surged again, following a brief dip earlier in the year. This caused renewed concerns about the state of the real estate market, putting pressure on Opendoor’s iBuying business model. Interest Rates Pressure Opendoor’s Business Model Opendoor’s core business, buying and reselling homes, is highly sensitive to interest rate fluctuations. When mortgage rates are high, fewer people are willing to buy homes, which in turn reduces the number of homes available for Opendoor to purchase and…

PAR Technology has taken a significant step towards reshaping the food service tech industry with its $132 million acquisition of Delaget, a leading provider of restaurant analytics. The deal, finalized on December 31, 2024, marks a strategic move to expand PAR’s platform, offering an integrated solution for restaurant operators. Enhancing Data-Driven Insights PAR Technology CEO Savneet Singh highlighted the value of the acquisition, noting that Delaget’s powerful analytics will complement PAR’s existing cloud solutions. The combined forces promise a more comprehensive back-office system that will empower restaurant operators to make smarter decisions, reduce costs, and enhance operational efficiency, all in…

The fintech sector is shifting toward B2B solutions as we approach 2025. Founders are concentrating on business lending, secured credit, and innovative second-order services powered by digital public infrastructure (DPI). With consumer lending slowing, investors are eyeing ventures that enhance operational efficiency and expand financial accessibility for businesses. “Trade credit and supply chain finance are ripe for innovation,” said Sahil Gupta, Partner at Sprout Venture Partners. He highlighted that digitization is unlocking new opportunities in credit disbursal models. AI: The Key to Compliance and Fraud Prevention Regulatory scrutiny has been a hurdle for fintech startups. To navigate this, businesses are…

The technology landscape in 2024 has been defined by aggressive advancement in generative AI, with Samsung and Google emerging as frontrunners while Apple strategically positions itself in the market. According to industry reports, the integration of AI features has become a key differentiator in consumer technology products. Samsung’s AI Innovation Drive Samsung dominated headlines with its Galaxy AI initiative, incorporating advanced AI capabilities across its device ecosystem. The company reported that 70% of its new devices now feature native AI processing, marking a 45% increase from 2023. Their AI-powered features have seen an adoption rate of 85% among users. Google’s…

The cryptocurrency market in India has experienced significant growth in 2024, with Bitcoin and altcoins such as Dogecoin, Shiba Inu, and Ethereum continuing to dominate. According to year-end reports by major crypto exchanges CoinDCX and CoinSwitch, Bitcoin remains a top choice for investors, while altcoins and NFTs also maintain strong appeal. Bitcoin’s Continued Popularity CoinDCX reported that 14.6% of its total investments were allocated to Bitcoin, while CoinSwitch saw 7% of investments in the leading cryptocurrency. A recent surge in Bitcoin’s price, breaking the $100,000 mark, has fueled greater interest from Indian investors, particularly on homegrown platforms. Women Investors on…

The financial sector is undergoing a significant transformation, driven by advancements in artificial intelligence (AI). From automating mundane tasks to enabling intelligent investing strategies, AI is reshaping how financial institutions operate and interact with their clients. This comprehensive guide will explore the role of AI-powered financial solutions in the industry, focusing on key concepts such as financial automation, intelligent investing, predictive analytics, and digital banking. What is AI in Finance? AI in finance refers to the application of artificial intelligence technologies to enhance various financial processes and services. This includes using machine learning algorithms, natural language processing, and predictive analytics…

Anavex Life Sciences (AVXL), a key player in biopharmaceuticals, is grappling with manufacturing challenges that threaten its product launch and financial stability. The company recently announced complications in its manufacturing processes, causing concern among investors and stakeholders. Risks in Manufacturing Processes As Anavex’s product candidates move from preclinical studies to commercialization, they face potential issues due to changes in manufacturing techniques. These modifications, while often necessary, can lead to increased production costs, delays in development, and the need for additional studies. Such challenges disrupt the clinical trials and result in setbacks during regulatory approval, delaying the introduction of critical products…

In today’s digital age, customer experience has become a critical differentiator for financial institutions. As competition intensifies, banks are increasingly turning to cloud banking as a means to enhance customer satisfaction and streamline operations. By leveraging cloud services, banks can offer innovative solutions that not only meet but exceed customer expectations. This blog explores how cloud banking improves customer experience, the benefits it provides, and the future of banking innovation in the context of customer satisfaction. Understanding Cloud Banking Cloud banking refers to the delivery of banking services through cloud computing technology. This approach allows banks and financial institutions to…

B2B embedded finance platform Toqio has made a significant move in strengthening its leadership team with the appointment of Yan Rocubert Paredes as Vice President of Technology. This appointment comes as the company continues to expand in Spain and the broader European market. A Seasoned Tech Leader Joins Toqio Rocubert Paredes brings over 20 years of experience in the software engineering field. His expertise spans notable organizations including Adevinta Spain, Raet, Unitrends, and even the Ministry of Foreign Affairs of Cuba. Most recently, he served as the head of engineering at Alma, a prominent Buy Now, Pay Later (BNPL) firm…

Frax Finance is making headlines with its ambitious proposal to use BlackRock’s $530 million BUIDL token as collateral for its updated stablecoin, frxUSD. The BUIDL token, tied to BlackRock’s Institutional Digital Liquidity Fund, is backed by short-term U.S. Treasury bills, a move designed to blend the security of traditional finance (TradFi) with the innovation of decentralized finance (DeFi). The plan, presented by Securitize Markets, highlights reducing counterparty risks and enhancing liquidity. Frax’s founder, Sam Kazemian, highlighted that frxUSD will count on a mint-redeem system through “enshrined custodians,” allowing seamless minting of frxUSD by transferring approved assets like BUIDL. A Strong…

India’s FinTech powerhouse, PaySprint, has launched two innovative solutions, SprintNXT and SprintVerify, to revolutionize business banking and identity verification. Designed with advanced technology, these platforms personalize to address the evolving needs of businesses while redefining the future of financial management and regulatory compliance. CANDY: AI-Driven Precision in Identity Verification At the core of SprintVerify is CANDY, an AI-powered Identity as a Service (IDaaS) platform offering over 100 identity checks in seconds. With its no-code design, businesses of all sizes can integrate this technology effortlessly. Whether it’s fraud prevention or seamless regulatory compliance, CANDY’s adaptable workflows ensure businesses stay ahead without…

Despite its impressive capabilities, ChatGPT is still not ready to replace finance professionals. A study by Washington State University (WSU) explored the accuracy of large language models like ChatGPT, BARD, and Llama in answering questions from financial exams. AI Struggles with Complex Financial Tasks The study, published in the Financial Analysts Journal, found that while ChatGPT performed well on broad financial concepts, it stumbled when asked to provide explanations or handle specialized topics. Researchers tested over 10,000 responses to questions from exams like Series 6, 7, 65, and 66. While ChatGPT 4.0 was the top performer, its accuracy dropped significantly…

For years, treasury teams have struggled with manual, repetitive workflows. As the financial era evolves, regulatory pressures and unpredictable economic conditions are demanding more from finance teams. Traditional methods are sufficient for real-time reporting, fraud prevention, and decision-making. Enter blockchain and AI: two technologies are rapidly transforming treasury functions. AI Drives Automation, Blockchain Brings Transparency With AI, finance teams can automate accounts payable and receivable, eliminating time spent on manual reconciliations and freeing up CFOs and treasurers to focus on strategy. By providing real-time data insights, AI is reshaping financial operations for the better. Blockchain, on the other hand, introduces…

KEO World, a leading fintech firm specializing in B2B digital payments, has announced an innovative partnership with American Express and BTG Pactual Bank to expand its operations into Brazil. The collaboration will bring KEO’s Workeo platform to Brazilian businesses, offering them a fully digital solution for invoice payments, financing, and more. A Milestone for Digital Payments in Brazil This partnership marks a significant step in KEO’s expansion into Latin America, aligning with its mission to streamline financial services. The Workeo solution will integrate seamlessly with the Amex Business Link platform, enabling thousands of medium and large businesses in Brazil to…

Northern Trust has partnered with the National University of Singapore (NUS) to lead the way in green finance innovation. This strategic three-year partnership aims to revolutionize environmental, social, and governance (ESG) finance through advanced blockchain technology and actionable solutions. Tokenization for Transparency A central aspect of the partnership is the tokenization of bonds, powered by Northern Trust’s Matrix Zenith platform. This move is set to bring the green credentials of bonds onto the blockchain, providing investors with greater transparency and simplified regulatory reporting. The collaboration ensures that sustainability standards are met, promoting trust and accountability in green finance. This collaboration…

The U.S. stock market struggled Thursday, with the Dow Jones Industrial Average (DJI), S&P 500 (GSPC), and Nasdaq Composite (IXIC) all closing in the red. Persistent inflation concerns and rate-cut speculations have kept investors on edge. The S&P 500 dipped 0.5%, while the Nasdaq lost 0.6%. The Dow slid 234 points, reflecting a cautious mood across markets. A sharper-than-expected rise in the Producer Price Index (PPI) added to concerns, signaling that inflation may remain sticky longer than anticipated. Inflation Data Casts Doubt Fresh inflation data shook confidence in the Federal Reserve’s path forward. The PPI for November jumped by 0.4%,…

ABN Amro is reshaping the B2B payment era with the launch of its innovative ‘Pay Later’ feature. This debtor management pilot, developed in partnership with B2B tech firm Two, aims to tackle a persistent challenge in online transactions: trust. Under this initiative, ABN Amro guarantees payments and takes over debtor management for merchants, allowing business clients to pay via online invoices without the risk of non-payment. Why It Matters Recent research by the 2022 Market Monitor highlights the urgency of this solution. While 90% of companies place online orders, many hesitate due to concerns about delivery reliability and the hassle…

In today’s digital age, customer experience has become a critical differentiator for financial institutions. As competition intensifies, banks are increasingly turning to cloud banking as a means to enhance customer satisfaction and streamline operations. By leveraging cloud services, banks can offer innovative solutions that not only meet but exceed customer expectations. This blog will explore how cloud banking improves customer experience, the benefits it provides, and the future of banking innovation in the context of customer satisfaction. Understanding Cloud Banking Cloud banking refers to the delivery of banking services through cloud computing technology. This approach allows banks and financial institutions…

As digital transformation accelerates, businesses are increasingly seeking flexible, scalable payment solutions. Among the innovations emerging to meet these needs are micropayments, small, precise transactions that could revolutionize B2B commerce. But are they the game-changer the industry has been waiting for? Transforming B2B Payments In traditional B2B industries such as logistics and manufacturing, companies often rely on broad, generalized billing models. Micropayments challenge this by offering a more granular approach. This means businesses can pay for exactly what they use, whether it’s partial container use, small-scale shipping, or even per-mile charges for shipment. The ability to make precise, real-time payments…

In today’s digital-first world, customer experience has become the cornerstone of success for financial institutions. To stay competitive, banks are embracing cloud banking to offer innovative services, improve accessibility, and streamline operations. This blog explores how cloud banking transforms customer experience, its key benefits, and the future of banking innovation. 1. What Is Cloud Banking? 2. Why Customer Experience Matters in Banking Customer experience directly impacts loyalty, revenue, and market position. 3. How Cloud Banking Improves Customer Experience 3.1 Personalized Banking Services 3.2 Seamless Digital Experience 3.3 Faster Transactions 3.4 Enhanced Customer Support 3.5 Improved Accessibility 4. Key Benefits of…

LeafLink, a leading B2B cannabis marketplace, has acquired Leaf Trade, further solidifying its position as a top player in the wholesale cannabis sector. This acquisition is expected to create an enterprise generating an impressive $9 billion annual gross merchandise volume (GMV). The combined companies plan to strengthen the cannabis marketplace, enhancing the reach and efficiency of cannabis retailers and distributors. LeafLink’s Expanding Influence Since its launch in 2016, LeafLink has been revolutionizing the cannabis space by connecting over 8,400 marijuana retailers with 3,700 cannabis brands and distributors. The company currently holds a 50% market share in the U.S. wholesale cannabis…

Uncia has just bagged the prestigious award for Best Supply Chain Finance Implementation at the 6th edition of the IBS Intelligence Global FinTech Innovation Awards 2024. This recognition celebrates Uncia’s outstanding achievement in transforming the supply chain finance (SCF) infrastructure for a leading Indian NBFC. Redefining SCF with Innovation The award-winning project involved migrating the client’s SCF infrastructure to a state-of-the-art digital ecosystem. At the heart of this transformation UnciaFlow, is an advanced solution built on a microservices architecture. This solution integrates 51 predefined SCF product variations and is designed to handle almost every SCF-related business scenario in India. The…

Sage, a leading accounting and payroll technology company, has introduced an innovative tool to revolutionize how small and medium-sized business (SMB) finance teams operate. Sage Copilot, launched for early adopters in the U.S. and U.K., aims to streamline daily accounting and finance tasks, offering significant boosts in productivity and efficiency. AI-Powered Support for Accountants Sage Copilot is personalized to help accounting professionals address common challenges such as highlighting budget variances and delivering precise answers to critical financial questions. The tool promises to accelerate workflows by automating time-consuming tasks, ultimately helping businesses focus on growth and profitability. According to Dan Miller,…

B2B payments are undergoing a major transformation. Once seen as an ordinary back-office operation is now a dynamic, strategic component of business models. The B2B Payments: Outlook 2030 event, held last October, revealed the rapid advancements reshaping the era of B2B financial transactions. Let’s dive into how technology and changing business needs driving revolution. Innovation at the Forefront At the core of this change is innovation. B2B platforms are imitating the efficiency of popular consumer marketplaces like Amazon and Etsy, streamlining transactions and allowing businesses to interact more seamlessly. The result? An ecosystem where payments are no longer just a…

JPMorgan is choosing to distance itself from a growing trend among Wall Street’s biggest banks: transition finance. This trend, adopted by institutions like Wells Fargo and Citigroup, seeks to allocate capital toward activities designed to reduce carbon emissions over time. What is Transition Finance? Transition finance refers to investments aimed at funding activities that contribute to decarbonizing the economy. As climate concerns grow, banks like Wells Fargo and Citigroup have embraced this strategy, viewing it as a gateway to a $50 trillion market in the coming decades. But JPMorgan isn’t convinced. Why JPMorgan is Sitting This One Out Linda French,…

BlindPay, a rising name in financial technology, is reshaping businesses to manage cross-border payments. By integrating with Bitso Business, a leading B2B payment infrastructure, BlindPay bridges global companies with Latin America, making financial transfers simpler and more efficient. In 2022, global cross-border transactions reached $190.1 billion, with $39.3 billion in B2B transactions. By 2030, Statista projects the market to grow to $290.2 billion, with B2B representing $56.1 billion. How BlindPay Works BlindPay’s platform utilizes an API that streamlines cross-border payments, eliminating intermediaries. Its collaboration with Bitso Business empowers businesses to connect with local payment channels without requiring advanced technical expertise. …

HSBC is making waves in the financial sector with the launch of its Smart Transact platform, an advanced solution designed to streamline both domestic and international business payments. Announced in a press release on November 26, the platform promises to be innovative for companies aiming to manage their finances more efficiently. Simplified Global Transactions Smart Transact combines the power of HSBC’s current accounts, domestic payment capabilities, and cross-border payment features into a single platform. It integrates seamlessly with HSBCnet, the bank’s global banking solution, allowing businesses to handle financial transactions from one centralized interface. This innovation ensures that companies can…

Volta, a rising startup with dual headquarters in Milan and Paris, has successfully raised €6 million ($6.3 million) in its pre-seed round, making it the largest in Italy. The company is assured of disrupting the B2B space by launching a Software-as-a-Service (SaaS) platform personalized for wholesale and distribution businesses. A Shopify-Like Solution for B2B Sales Shopify revolutionized B2C e-commerce, and Volta aims to transform the B2B era. Traditionally, many European mid-sized wholesale businesses still rely on paper catalogs and outdated order processes. Volta’s platform offers a digital alternative, helping companies create and manage customized catalogs, sync pricing, and track orders,…

Mastercard’s Multi-Token Network (MTN) and J.P. Morgan’s Kinexys Digital Payments are joining forces to streamline B2B payments with blockchain technology. This innovative collaboration offers a faster, more transparent way to handle cross-border transactions using commercial bank funds. The integration connects blockchain-based tools with real-time payment rails, enabling businesses to settle transactions instantly, regardless of time zone differences. This solution promises to reduce friction in commercial transactions, making cross-border payments smoother than ever before. Through seamless API integration, businesses can now enjoy an efficient, transparent payment experience, enhancing operational workflows across the globe. Mastercard and J.P. Morgan bring years of expertise…

Cloud banking refers to the delivery of banking services through cloud computing technology. This approach allows financial institutions to store data, manage applications, and provide services via internet-based platforms, eliminating reliance on traditional on-premises infrastructure. Key Characteristics of Cloud Banking: The Importance of Cloud Banking The significance of cloud banking lies in its transformative potential for financial institutions: Top Cloud Banking Software Solutions for 2025 Here are the leading cloud banking software solutions to look out for in 2025: 1. Temenos Transact A comprehensive cloud banking solution ideal for retail and corporate banks. Key Features: Benefits: 2. Finastra Fusion Banking…

Mastercard has announced an innovative partnership with Fundbot, a UAE-based FinTech specializing in supply chain financing. This collaboration aims to revolutionize businesses that manage payments between buyers and suppliers, with a focus on speed, efficiency, and cash flow optimization. The innovative platform, launched in the UAE and Saudi Arabia, introduces advanced features like dynamic discounts to incentivize quicker payments. According to Mastercard’s statement, the platform will initially focus on tackling payment delays in the healthcare sector, an industry infamous for its slow settlements. AI-Driven Insights Power Efficiency At the heart of this solution lies Fundbot’s AI-powered tool, which uses advanced…

The financial services industry is embracing digital transformation, with cloud banking software leading the way. These solutions offer scalability, efficiency, and improved customer experiences, making them essential for banks and financial institutions. This blog highlights the top cloud banking software for 2025, their key features, benefits, and how they can revolutionize banking operations. What is Cloud Banking Software? Cloud banking software consists of tools and applications hosted in the cloud that enable banks to deliver services online. It eliminates reliance on traditional on-premises infrastructure, offering: Why Cloud Banking Software Matters Cloud banking software addresses critical challenges in traditional banking while…

Amazon Business is making a major move this season with its highly anticipated Business Value Days promotion, offering up to 70% off on thousands of products for business customers. Running from November 21 to December 6, 2024, this exclusive sale promises deep discounts across wide categories, from laptops to office supplies, electronics, and even home appliances. Massive Discounts Across Categories This year’s sale includes jaw-dropping discounts, including up to 75% off on smartwatches, 60% off on laptops, and 70% off on monitors and home appliances. Business customers can access top-tier deals on essential office equipment, making it easier to stock…

As financial institutions increasingly adopt cloud-based solutions, ensuring the security of sensitive data and maintaining customer trust has become paramount. While cloud banking offers numerous benefits like improved operational efficiency and cost savings, it also presents unique security challenges. This guide explores the benefits of cloud banking, the importance of cloud security, and best practices for protecting financial data in the cloud. Understanding Cloud Banking Cloud banking refers to delivering banking services through cloud computing technology, allowing banks to store data, manage applications, and provide services via internet-based platforms. Key characteristics include: The Importance of Cloud Banking Security While the…

UnionBank of the Philippine’s digital innovation arm, UBX, has announced a significant collaboration with JUST Finance, a global leader in blockchain and tokenization solutions, to launch a multi-currency stablecoin exchange. This move is expected to transform cross-border payments, remittances, and foreign exchange transactions by utilizing stablecoins such as USDC, a regulated, fully-backed US dollar stablecoin issued by Circle, a global technology company. What This Means for Cross-Border Transactions This initiative simplifies and lowers the cost of cross-border payments. The exchange uses stablecoins on a public yet permissioned blockchain, allowing users to swap and convert multiple currencies. This technology is designed…

Global B2B trade, worth approximately $190 trillion in 2023, comes with complexities in managing payments across borders. Finance leaders worldwide are recognizing commercial cards as essential tools for transactions and as strategic financial levers. These cards are helping businesses overcome hurdles like fluctuating exchange rates and hidden fees by streamlining the process. Why Payment Optimization is a Priority With cross-border transactions becoming a part of everyday business, CFOs and finance teams are shifting their focus to optimizing payments. “Many overlook cost-effective methods for cross-border payments,” says Dean M. Leavitt, CEO of Boost Payment Solutions. For many, commercial cards offer a…

Cloud banking has revolutionized the financial services industry, enabling organizations to deliver services more efficiently, securely, and cost-effectively. However, like any transformative technology, the transition to cloud banking comes with challenges. Understanding these challenges is crucial for financial institutions aiming to leverage cloud solutions effectively. This blog delves into key challenges such as data security, regulatory compliance, customer trust, and system integration. What is Cloud Banking? Cloud banking refers to using cloud computing technology to deliver banking services and applications over the internet. Instead of relying solely on traditional on-premises infrastructure, financial institutions use cloud platforms to store data, manage…

MarketOne International, a leader in global B2B marketing, has appointed Mike Turcotte as its new Chief Revenue Officer for the Americas. This crucial hire strengthens MarketOne’s leadership team as the company focuses on accelerating growth and innovation in the evolving B2B marketing era. A Proven Leader in Financial Services Turcotte brings over seven years of experience at Salesforce, where he played a crucial role as Vice President of Financial Services. His leadership in managing the Insurance and Asset Management division in the Eastern U.S. contributed to significant growth through Salesforce’s Customer360 platform. With his deep expertise, Turcotte is well-positioned to…

Paystand.org, the philanthropic arm of Paystand, celebrates its first anniversary by announcing the opening of applications for its 2025 Grant Program. This marks an exciting opportunity for small and medium-sized NGOs working to advance financial inclusion, and Bitcoin education, and promote Bitcoin-based circular economies. Strong Start in Year One In its debut year, Paystand.org demonstrated impressive results. It grew its partnerships from four organizations in three countries to 10 NGOs across six nations. The result? Over 40,000 individuals in underrepresented communities benefited from its innovative financial inclusion programs. Empowering Underbanked Communities “We’re proud to support those who have been excluded…

Cloud banking has revolutionised the financial services industry, offering organisations the ability to deliver services more efficiently, securely, and cost-effectively. However, as with any transformative technology, the transition to cloud banking comes with its own set of challenges. Understanding these cloud banking challenges is crucial for financial institutions looking to leverage cloud solutions effectively. This blog will delve into the key challenges associated with implementing cloud banking, including data security, regulatory compliance, customer trust, and system integration. What is Cloud Banking? Cloud banking refers to the use of cloud computing technology to provide banking services and applications over the internet.…

As the financial services industry continues to evolve, cloud banking is emerging as a transformative force that reshapes how banks operate and interact with their customers. With advancements in technology and increasing customer expectations, understanding the latest cloud banking trends is crucial for financial institutions aiming to stay competitive. This blog will explore the key trends shaping cloud banking in 2024, the benefits it offers, and the challenges organizations may face as they transition to cloud-based solutions. What is Cloud Banking? Cloud banking refers to the delivery of banking services through cloud computing technology. This approach allows financial institutions to…

As we head into 2025, businesses are rethinking their approach to B2B payments. The big question is: how can companies ease the growing friction in payment processes? The solution may lie in integrated systems that reduce risk and enhance efficiency. The Need for Seamless Solutions B2B payments are a critical part of business operations, but they’re often a source of frustration. Delays, manual processes, and security concerns slow down transactions. With digital transformation speeding up, businesses need to streamline their payment systems to ensure smooth financial operations. Boost Payment Solutions Leads the Way Boost Payment Solutions has positioned itself at…

Arketi Group, a leading digital marketing and public relations agency specializing in B2B technology companies, has announced a major milestone in its growth strategy. The firm has secured a significant private equity investment from Go Capital and Station Partners, positioning Arketi as the platform leader for a new network of industry-leading digital marketing and PR firms. Expanding Reach and Capabilities Arketi has been a trusted partner for technology organizations worldwide for over two decades, known for delivering revenue-driving strategies in public relations, messaging, branding, and demand generation. With the support of Go Capital and Station Partners, Arketi is poised to…

The demand for the business B2B Payments market is set on a path of constant growth, with an estimated CAGR of 9.42% by the year 2030 and a projected market size of USD 3,010.91 billion. According to the data, the sector is worth USD 1,603.32 billion in 2023 and is further fuelled by digital and virtual platforms, automation, and demand for efficient cross-border payments. A Digital Revolution in Payments Due to the continued advancement of business organizations toward dependency on technology, how organizations manage their payments is quickly changing. B2B payments represent the other side of the financial exchanges between…

WeTransact has partnered with Capchase to offer B2B software-as-a-service (SaaS) providers an innovative solution for payment delays. This collaboration combines WeTransact’s powerful marketplace platform with Capchase’s capital and payment services, enabling businesses to access upfront payments and strengthen their financial health. Solving Cash Flow Challenges for SaaS Providers The financial challenges facing SaaS providers are real. With an unpredictable economy and delayed payments, tech startups are often stuck in a cycle of chasing payments, impacting their ability to scale. This new partnership will let companies selling through the Microsoft Marketplace receive upfront payments, sidestepping the typical 90-day waiting period. “Marketplace…

In recent years, the financial services industry has undergone a significant transformation, driven by advancements in technology and changing consumer expectations. One of the most notable developments is the rise of cloud banking, which offers a range of benefits that traditional banking models cannot match. Understanding cloud banking and its implications for the future of financial services is essential for both consumers and industry professionals. This blog will explore what cloud banking entails, the benefits it offers, key trends shaping its future, and the challenges that organisations may face in adopting cloud-based solutions. What is Cloud Banking? Cloud banking refers…

Priority Technology Holdings has achieved impressive results, reporting a 20% jump in quarterly revenues, hitting a record $227 million, up from $189 million. This surge in earnings comes as the company’s B2B business continues to drive exceptional growth. Strong Performance Across Key Segments Priority’s adjusted gross profit reached $86 million, a nearly 19% increase from the previous quarter. Chairman and CEO, Tom Priore, credited the company’s success to its strong performance in small and medium-sized business (SMB) acquiring, B2B payables, and enterprise payments. “Our continued execution supports that Priority’s technology, operations, and decision-making have positioned us to excel throughout 2024…

Sunbit, a fast-growing Buy Now, Pay Later (BNPL) fintech, closed $355 million in its debt warehouse facility. The financial heavyweight JP Morgan, Mizuho Bank Ltd., and Waterfall Asset Management in a new agreement represents another step forward for the company. A Strong Start to 2024 This is Sunbit’s second 2024 term ABS facility, after closing a $310-million deal in January with Citi and Ares Management. This most recent agreement looks to take that prospect forward for Sunbit in what will be crucial to scaling the competition position of its point-of-sale (POS) lending technology. Expanding Market Reach Sunbit, launched in 2016,…

In the fast-paced world of business, organisations must navigate a complex landscape of competition, changing market conditions, and evolving customer needs. To thrive in this environment, having a clear roadmap is essential. This is where the Annual Operations Plan (AOP) comes into play. Understanding why an Annual Operations Plan is important can help businesses align their resources and strategies effectively to achieve operational goals and long-term success. This blog will explore the significance of an AOP, its benefits, and how it differs from strategic planning. What is an Annual Operations Plan (AOP)? An Annual Operations Plan (AOP) is a detailed…

DHL Group, headquartered in Germany, adjusted its earnings before interest and taxes (EBIT) forecast to €5.8 billion ($6.3 billion) for 2024, a reduction from the previously set €6–€6.6 billion range ($6.5–$7.2 billion). The announcement, made Tuesday morning, led to a nearly 4% drop in company stock as investors digested the news. DHL attributed the revision to “weak economic dynamics” impacting demand across its service offerings. Despite the overall outlook, DHL reported a 6.2% rise in third-quarter revenue to €20.6 billion ($22.5 billion), with net profit at €751 million ($819 million). This gain, however, was not enough to sustain earlier growth…

Mastercard has announced a strategic partnership with PayMate, a leading business-to-business (B2B) payments platform. The collaboration aims to enhance digital B2B payments for companies in Eastern Europe, the Middle East, and Africa (EEMEA). This announcement was made on November 4, 2024, signaling a significant shift in how businesses conduct transactions in these regions. Addressing Industry Challenges The B2B payments market is expected to surpass $3 trillion in revenue by 2027, underscoring its immense growth potential. Mastercard and PayMate’s partnership seeks to tackle challenges faced by businesses, including limited visibility, manual invoice processes, and restricted payment options. These issues often lead…

In the fast-paced world of business, organisations must navigate a complex landscape of competition, changing market conditions, and evolving customer needs. To thrive in this environment, having a clear roadmap is essential. This is where an Annual Operations Plan (AOP) comes into play. Understanding why an Annual Operations Plan is important can help businesses align their resources and strategies effectively to achieve operational goals and long-term success. This blog will explore the significance of an AOP, its benefits, and how it differs from strategic planning. What is an Annual Operations Plan (AOP)? An Annual Operations Plan is a detailed document…

Warburg AI, a newly founded UAE-based artificial intelligence company, has made headlines by securing $250,000 in seed funding. This investment will accelerate the development of its advanced AI-driven financial services platform, aimed at reshaping asset management. Advanced Technology at Play Founded in Sharjah in September 2024, Warburg AI focuses on integrating advanced technologies such as algorithmic trading and real-time risk management. The platform utilizes machine learning, reinforcement learning, and deep neural networks, continuously adapting to deliver precise results, especially in volatile markets like forex and cryptocurrency. By analyzing live market trends, economic indicators, and sentiment data, Warburg AI empowers its…

Fundbox, a leading embedded capital platform, has been selected as an Inc.com B2B Power Partner, highlighting its commitment to empowering small and midsize businesses (SMBs). This prestigious recognition celebrates organizations that effectively support the SMB economy by providing essential working capital solutions. Client Testimonials Drive Selection The selection process for the Inc. Power Partner award was rigorous. Inc. editor Mike Hofman emphasized that top marks from clients were pivotal in determining the winners. “This list honors vendors who excel in serving small businesses,” Hofman stated. The vetting included gathering insights from online comments, assessing reputations, and collecting customer testimonials to…

In the realm of business management, strategic planning is essential for achieving long-term success. One of the key components of this planning process is the Annual Operations Plan (AOP). Understanding what an AOP entails, its significance, and how it functions can empower organisations to align their resources effectively with their business goals. This blog will delve into the essentials of an AOP, its role in strategic management, and the execution plans that stem from it. What is an Annual Operations Plan (AOP)? An Annual Operations Plan (AOP) is a detailed document that outlines an organisation’s objectives, strategies, and actions for…

Payments are foundational in the multi-trillion-dollar B2B industry, and agreements are the framework for these transactions. This October, Bill360 introduced new tools for payment flexibility, offering clients the option to schedule or process payments directly via email, a step toward more streamlined agreement management. What was once a manual, time-consuming process is now being revolutionized by artificial intelligence (AI) and automation, providing B2B organizations with tools to handle contracts with greater speed and transparency. For example, healthcare providers, with the support of ProviderTrust and Ntracts, now gain real-time visibility into their vendors’ payment eligibility, both at contracting and throughout contract…

Fundbox, a leader in embedded capital solutions for small and medium-sized businesses (SMBs), has been named an Inc.com B2B Power Partner. This prestigious recognition highlights the company’s dedication to supporting the SMB economy by addressing its working capital needs through embedded solutions. The Inc. Power Partner Award identifies top B2B organizations that excel in aiding small businesses. According to Mike Hofman, editor-in-chief of Inc., every recognized company underwent a thorough vetting process. “We gathered feedback on their products and services and collected customer testimonials to ensure that the sales pitch matches actual client experiences,” Hofman explained. This comprehensive assessment underscores…

Upflow, the French cash collection startup, is making headlines with a strategic focus. Originally dedicated to managing outstanding invoices, Upflow is now set to become a comprehensive B2B payment platform, complete with its payment gateway. This transition is designed to enhance its existing accounts receivable automation solutions. Addressing a Long-Standing Problem “Today, paying for services is seamless. Yet, B2B payments remain stuck in the past,” said Upflow CEO Alexandre Louisy. His vision targets the outdated methods that have plagued businesses for decades. With around 90% of B2B transactions in the U.S. still occurring offline, largely via paper checks, there’s a…

In today’s dynamic business environment, creating and implementing an effective Annual Operating Plan (AOP) is crucial for organisational success. This guide explores best practices, strategies, and techniques to develop a robust AOP that drives performance and achieves strategic objectives. As businesses face increasing complexity and uncertainty, the importance of a well-structured AOP cannot be overstated. Understanding the Foundation of AOPAn Annual Operating Plan serves as the tactical roadmap that translates long-term strategic vision into actionable yearly goals. It bridges the gap between high-level strategy and day-to-day operations, providing clear direction and measurable objectives for the organisation. Understanding the fundamental principles…

WEX is taking a bold step forward with its embedded finance solutions. This trend is rapidly reshaping the way businesses manage their supply chains, making processes smoother and more efficient. Karen Stroup, WEX’s Chief Digital Officer, highlighted the pressing need for innovation in B2B transactions during a recent interview with PYMNTS. “Embedded finance integrates payment solutions directly into business operations,” she explained. “This minimizes friction points and enhances transaction efficiency.” The Benefits of Embedded Finance WEX, which processes over $225 billion annually in B2B payments, is focusing on sectors such as travel, fleet management, and supply chains. These embedded solutions…

According to Forrester’s latest report, more than 50% of large B2B transactions (valued at $1 million or greater) will be conducted through digital self-serve channels by 2025. This trend highlights a significant shift as Millennials and Gen Z buyers increasingly influence purchasing decisions. Businesses must adapt quickly to provide a seamless buying experience on their websites or marketplaces. The Changing Landscape Forrester’s predictions emphasize the need for B2B organizations to focus less on traditional transaction processing and more on creating impactful interactions. As generational buying behaviors evolve, the focus will shift toward delivering value-driven experiences that resonate with tech-savvy buyers. …

Secure and Scalable Payment Solutions for Global Businesses New West Technologies Inc., a leader in payment integration, has officially launched StripePay for Microsoft Dynamics 365. This new payment connector combines the power of Stripe’s Payment Intents API with Dynamics 365, creating a seamless, secure payment experience for businesses worldwide. Advance Payment Integration The StripePay connector for Dynamics 365 is built to support businesses across various sectors, including B2B, B2C, and government operations. It offers a comprehensive solution that includes advanced features like token management, secure email links for card token entry, and enhanced surcharge management. These features simplify payment processes…

Hamburg’s financial history stretches back centuries, but the city’s fintech scene is stepping into the future. On October 10, 2023, over 160 fintech founders and financial industry stakeholders gathered at the Design Zentrum Hamburg for the first-ever Hamburg Fintech Day 2024. The event was designed to foster innovation, share success stories, and boost collaboration between traditional banks and fintech startups. A Booming Fintech Scene in Hamburg Since 2017, the number of fintech companies in Hamburg has skyrocketed from 30 to over 100. Dr. Andreas Dressel, Hamburg’s Senator for Finance, kicked off the event, emphasizing the importance of a financial sector…

Two major trends are reshaping the B2B startup landscape: the explosion of artificial intelligence (AI) and increasingly stringent regulations. While startups aim to close enterprise deals, navigating complex security reviews is proving to be a significant roadblock. Sales Bottleneck: Security Reviews Extend Timelines For B2B companies, closing a deal with a Fortune 500 client involves more than just persuading them to purchase. Once a deal is struck, the arduous process of passing their security review can stretch for months. This bottleneck isn’t limited to a few companies—it’s becoming a widespread challenge across the industry. If businesses can’t resolve these security…

BriteCap Financial LLC, a leading non-bank lender specializing in fast and convenient financing for small businesses, has announced the appointment of Timothy Amero as Vice President of Sales. With over 17 years of experience in the business lending sector, Amero is set to play a critical role in shaping the company’s sales strategy and driving growth. A Proven Track Record Richard Henderson, CEO of BriteCap Financial, expressed confidence in Amero’s appointment. “Having worked closely with Tim for over 17 years, I’ve seen firsthand his exceptional skill in building high-performing, multi-channel B2B finance sales organizations. His extensive background in working capital…

The Business-to-Business (B2B) e-commerce market is expected to skyrocket to $24.3 trillion by 2030, up from $7.6 trillion in 2023, according to a recent report by ResearchAndMarkets.com. Growing at a compound annual growth rate (CAGR) of 18.2%, this surge highlights the increasing adoption of digital procurement solutions and the rising popularity of subscription-based models in the B2B space. Subscription Models Fueling Revenue Growth Subscription-based e-commerce is emerging as a significant revenue driver for B2B businesses. By adopting subscription models, companies can enhance customer retention while providing ongoing services. This shift enables businesses to generate predictable, recurring revenue streams and deliver…

The finance sector is undergoing a radical transformation, thanks to the rise of Software as a Service (SaaS) and embedded payments. This trend, often dubbed “embedded everything,” is integrating payment solutions directly into software platforms, streamlining financial transactions across various industries. As businesses move towards digital solutions, embedded payments are becoming essential for digital-only players. These innovations simplify payment acceptance, allowing entities in sectors such as retail and education to enhance their customer experiences while ensuring they are compensated efficiently. Empowering SaaS Providers SaaS companies are at the forefront of this shift. By providing cloud-based tools that eliminate complex technical…

HubSpot, a leading customer platform for businesses, has announced its agreement to acquire Cacheflow, a prominent B2B billing management and configure, price, quote (CPQ) solution. This strategic move aims to expand HubSpot’s capabilities in subscription billing and quote-to-cash automation. Since the launch of Commerce Hub in 2023, which simplified invoicing and payments, HubSpot has processed over $1 billion in gross merchandise volume (GMV). The acquisition of Cacheflow is set to further enhance this offering, making the buying process more efficient for its customers. A Commitment to Customer Experience Yamini Rangan, CEO of HubSpot, stated, “With Cacheflow, we’re doubling down on…

In the dynamic world of business, creating an Annual Operations Plan (AOP) is a crucial task that sets the stage for an organisation’s success in the coming year. However, the process of developing an effective AOP is fraught with challenges that can derail even the most seasoned management teams. This comprehensive guide delves into the common challenges in annual operations planning, explores strategies for overcoming planning obstacles, and provides solutions for the issues that businesses frequently encounter. Understanding the Importance of an Effective AOP Before we dive into the challenges, it’s essential to understand why an effective AOP is critical…

In today’s fast-paced business world, staying ahead of the curve is crucial. As we look towards 2025, the landscape of finance management and annual operations planning (AOP) is evolving rapidly. This blog post will explore how finance management systems work and the emerging trends that will shape AOP in 2025. We’ll also dive into operations strategy, business alignment, performance tracking, and resource allocation—all key components of a successful finance management system. Understanding Finance Management Systems Before we jump into the trends, let’s break down what a finance management system is and how it works. A finance management system is a…

Payment giants Worldline and OPP have revealed an innovative embedded payments solution personalized for the European market. Announced on October 9, this partnership combines Worldline’s expertise in acquiring point-of-sale systems with OPP’s advanced payment technology, revolutionizing the way platforms and marketplaces handle transactions. Key Features of the Partnership The new solution allows businesses to offer diverse payment features, including split payments, escrow services, and mediation handling. According to the companies, the embedded payments framework aims to streamline operations for users, enabling them to sign up, sell, and receive payments quickly while managing transactions across multiple currencies. “Embedded Payments is designed…

In today’s fast-paced business world, staying on top of your finances is more crucial than ever. Enter the finance management system—a powerful tool revolutionizing how businesses handle their financial operations. But how exactly does a finance management system work? Let’s dive in and explore this game-changing technology that’s reshaping the financial landscape. What is a Finance Management System? Before we delve into the inner workings, let’s define what we’re talking about. A finance management system—often referred to as financial management software or an ERP financial solution—is a comprehensive platform designed to streamline and automate various financial processes within an organization.…

Paystand, a global leader in blockchain-powered B2B payments, has announced the expansion of its support for Microsoft Dynamics ERP products. The company revealed these new capabilities ahead of the highly anticipated Community Summit, set to take place October 13-17 in San Antonio, Texas. This announcement marks a significant development for businesses relying on Microsoft’s on-premises ERP systems. Integration for More Microsoft ERP Users Previously integrated with Microsoft Dynamics 365 Business Central, Paystand now extends its zero-fee payment automation to on-premises ERP products, including Dynamics NAV, GP, SL, and AX. This enhancement will allow companies to streamline their accounts receivable (AR)…

Czech WOOD & Company, a prominent financial and investment group in Central and Eastern Europe (CEE), has become an anchor investor in the Portuguese AgileGTM Blockchain Fund. This collaboration aims to drive the development of B2B blockchain applications in the region. AgileGTM’s Focus on B2B Solutions The AgileGTM Blockchain Fund is a venture capital initiative dedicated to investing in the business applications of blockchain technology. With a fund size of $10 million, AgileGTM prioritizes early-stage European B2B startups. “Our mandate is centered on the long-term success of companies,” said Filippo Chisari, co-founding GP of AgileGTM Capital. The fund aims to…

HubSpot, a leading customer platform for businesses, has announced its agreement to acquire Cacheflow, a prominent B2B billing management and configure, price, quote (CPQ) solution. This strategic move aims to expand HubSpot’s capabilities in subscription billing and quote-to-cash automation. Since the launch of Commerce Hub in 2023, which simplified invoicing and payments, HubSpot has processed over $1 billion in gross merchandise volume (GMV). The acquisition of Cacheflow is set to further enhance this offering, making the buying process more efficient for its customers. A Commitment to Customer Experience  Yamini Rangan, CEO of HubSpot, stated, “With Cacheflow, we’re doubling down on…

In today’s fast-paced business environment, effective financial management is crucial for the success and growth of any organisation. At the heart of this process lies a powerful tool: the Finance Management System. But what exactly is a Finance Management System, and how can it transform your business operations? Let’s dive in and explore this essential technology that’s revolutionising the way companies handle their finances. Understanding Finance Management Systems A Finance Management System, also known as financial management software or an ERP financial solution, is a comprehensive suite of tools designed to streamline, automate, and optimise various financial processes within an…

Playtech, a leading gambling software provider, announced a significant increase in revenue and profits for the first half of 2024. The company revealed its pretax profit surged to €93.5 million ($104.4 million) for the six months ending June 30, up from €79.6 million in the previous year. This growth comes as Playtech confirms it is on track to deliver adjusted earnings slightly above expectations for the year. Revenue Growth Highlights In its latest report, Playtech indicated that revenue climbed to €906.8 million, marking an increase from €859.6 million a year earlier. This boost can largely be attributed to a vital…

In today’s fast-paced business environment, effective financial management is crucial for success. Finance Management Systems tools have revolutionized the way companies handle their finances, offering streamlined processes, improved accuracy, and valuable insights. This comprehensive guide will explore the top Finance Management Systems tools, focusing on key areas such as expense management, budget forecasting, cash flow analysis, invoice automation, and financial reporting. The Importance of Finance Management Systems Before diving into specific tools, it’s essential to understand why Finance Management Systems are vital for modern businesses: Now, let’s explore the top tools in various aspects of financial management. Expense Management Efficient…

In today’s fast-paced business world, having a solid finance management system is no longer a luxury—it’s a necessity. Whether you’re running a small startup or managing a large corporation, effective financial management can make the difference between thriving and merely surviving. But how do you implement a finance management system that truly works for your business? Let’s dive into the top 10 best practices that will help you optimize your financial processes and boost your business efficiency. 1. Start with a Clear Financial Strategy Before you dive into implementing any system, you need to have a clear financial strategy in…

Paris-based AI startup Phacet has raised $4 million in a seed funding round aimed at helping small and medium-sized businesses (SMBs) integrate AI tools into their operations. The company plans to use the funds to bridge the gap between advanced AI models and the real-world needs of smaller businesses, revolutionizing sectors such as eCommerce, finance, and industry. Phacet’s founder and CEO, Nicolas Marchais, expressed his excitement over the new funding: “This investment will allow us to empower small businesses by offering accessible AI tools personalized to their needs.” Marchais emphasized that the goal is to shift AI from being a…

In today’s fast-paced business world, having a solid finance management system is no longer a luxury—it’s a necessity. Whether you’re running a small startup or managing a large corporation, effective financial management can make the difference between thriving and merely surviving. But how do you implement a finance management system that truly works for your business? Let’s dive into the top 10 best practices that will help you optimize your financial processes and boost your business efficiency. 1. Start with a Clear Financial Strategy Before you dive into implementing any system, you need to have a clear financial strategy in…

Target has tapped Jim Lee, a longtime executive at PepsiCo, as its new Chief Financial Officer. Lee, with over 25 years of experience at the global food and beverage giant, sets to join Target’s leadership team on Sept. 22. His extensive background in finance and strategy will be critical as Target focuses on long-term profitable growth. Proven Leadership at PepsiCo Most recently, Lee served as Deputy Finance Chief at PepsiCo, overseeing financial planning and strategy for its $35 billion international business. In this role, he led initiatives across brand innovation, supply chain, franchise bottlers, and business development. “Jim’s deep experience…

QuEra Computing, a pioneer in neutral-atom quantum computing, has named Ed Durkin as its new Chief Financial Officer (CFO). This strategy marks a crucial step in QuEra’s rapid expansion as the company continues to push the boundaries of quantum technology. Durkin, a seasoned financial leader, brings a wealth of experience from leading high-growth tech companies. His appointment is expected to accelerate QuEra’s mission to become a market leader in the quantum computing space. Veteran CFO to Navigate Quantum Growth Before joining QuEra, Durkin served as CFO at Casa Systems and Fuze, where he played a crucial role in financial strategy,…

Have you ever felt frustrated trying to manage your money the old-fashioned way? You’re not alone! In this guide, we’ll explore the big challenges of traditional finance management that many people are facing in 2024. Don’t worry if you’re new to finance – we’ll explain everything in simple terms that anyone can understand. What is Traditional Finance Management? Let’s start with the basics. Traditional finance management means handling money the way people have done for years. This includes things like: It’s the way our parents and grandparents managed money, and some people still prefer these methods. Why are We Talking…

A recent investigation reveals that the rapid growth of e-commerce is leaving many finance leaders struggling to keep up. Two-thirds (66%) of finance leaders say their teams are unable to match the speed of change, according to a joint report by Hokodo, a leading provider of flexible payment terms, and the B2B Ecommerce Association. Fast-Paced Market, Slower Finance Teams The B2B e-commerce market is on track to reach $2.641 trillion by 2024. However, the report highlights that many finance functions remain unprepared. Nearly a fifth (17%) of CFOs and finance leaders admit their teams lack the necessary tools and strategies…

Hey there! Are you ready to take your business finances to the next level? Whether you’re a small business owner, a startup founder, or part of a growing company, understanding finance management systems can be a game-changer. In this guide, we’ll explore how these powerful tools can help you streamline your financial operations and boost your business growth. Don’t worry – we’ll keep things simple and easy to understand. Let’s dive in! What are Finance Management Systems? Let’s start with the basics. Finance management systems, also known as financial management systems, are software tools that help businesses handle their money…

Circle, a global financial technology leader, has teamed up with Sony Block Solutions Labs to bring USDC to the Soneium blockchain, a public Ethereum Layer 2 ecosystem. This partnership is set to transform the creator economy by enabling seamless, secure, and borderless transactions for developers, artists, and businesses worldwide. Soneium, developed by Sony Block Solutions Labs, is a versatile blockchain designed to support users across diverse industries. With the integration of Bridged USDC Standard, Soneium will allow faster, cost-effective digital dollar payments, unlocking new opportunities for creators and users. Bridged USDC is a proxy for the native USDC stablecoin issued…

Have you ever wished you could see into the future of your business’s money? Well, that’s exactly what financial forecasting tries to do! Let’s explore this important tool that helps businesses plan for tomorrow. Financial forecasting is like being a weather forecaster, but for money instead of rain or sunshine. It’s a way for businesses to guess how much money they might make or spend in the future. This helps them make smart choices about what to do next. Why is Financial Forecasting Important? Imagine driving a car without looking at the road ahead. That would be pretty dangerous, right?…

Community banks and credit unions have a unique opportunity to support small and medium-sized businesses (SMBs) as they face the challenges of digital transformation and cash flow management in an uncertain business environment. With a $150 billion opportunity, these financial institutions can help SMBs survive and succeed. Doug Brown, Chief Product Officer for Digital Banking at NCR Voyix, highlighted the critical role community banks played during the pandemic, through Paycheck Protection Program (PPP) loans. “They’ve shown they can help businesses navigate tough times,” Brown told Karen Webster. “As we face potential economic downturns, SMBs need trusted partners like community banks.” …

Are you looking to improve your business’s financial planning? Do you want to make better decisions about your company’s future? If so, you’re in the right place! In this blog post, we’ll talk about financial forecasting tools and software that can help you do just that. What is Financial Forecasting? Before we dive into the tools, let’s quickly explain what financial forecasting is. It’s like looking into a crystal ball for your business’s money. You use information from the past and present to guess what might happen in the future. This helps you make smart choices about spending, saving, and…

Eli Lilly and Company has announced the appointment of Lucas Montarce as its new Executive Vice President and Chief Financial Officer (CFO), effective immediately. Montarce will also join Lilly’s Executive Committee. Montarce’s Journey at Lilly Montarce’s journey with Lilly began in 2001 when he took on various finance leadership roles. His impressive career includes serving as Group Vice President, Corporate Controller, and CFO of Lilly Research Laboratories; Vice President, Finance, and CFO of Lilly International; and Global CFO of Elanco Health. Most recently, he was the President and General Manager for the Spain, Portugal, and Greece hub. Leadership and Vision …

Hey there! Today, we’re going to talk about something really important for businesses: financial forecasting. Don’t worry if that sounds complicated – we’ll break it down so it’s super easy to understand! What is Financial Forecasting? Imagine you’re planning a big lemonade stand. Before you start, you’d probably try to guess how many cups you might sell and how much money you could make. That’s kind of like financial forecasting, but for bigger businesses! Financial forecasting is when a company tries to predict how much money it will make and spend in the future. It’s like having a crystal ball…

Think about trying to guess what will happen tomorrow using only old tools. That’s what traditional financial forecasting can feel like. These older methods were useful in the past, but today’s world moves so quickly that they often fall short. Whether it’s problems with data, sudden changes in the economy, or just not having the right resources, forecasting can be really tough. In this blog, we’ll look at the main challenges of traditional financial forecasting. We’ll talk about things like data problems, unpredictable markets, and the lack of proper tools. By understanding these challenges, you’ll see why it might be…

Mars, the global petcare leader, has announced Gabriel Millan as its new Chief Financial Officer (CFO) for the $30 billion Petcare business. Millan is set to start in December 2024, marking a significant leadership change at Mars Petcare. He will join the Mars Petcare Leadership Team and the Global Finance Leadership Team, reporting directly to Loïc Moutault, President of Mars Petcare. A Veteran in Finance Gabriel Millan brings over 25 years of extensive experience in corporate finance, strategy, mergers and acquisitions, and IT. His impressive career includes senior roles at Fortune 500 and FTSE 100 companies. Most recently, he served…

Paystand, the California-based FinTech company, has officially extended its zero-fee B2B payments service to Canada, offering Canadian businesses a cost-effective alternative to traditional payment methods. In a statement released, Paystand confirmed that its platform will now be available to Canadian businesses, marking a significant expansion of its footprint in North America. While limited services were introduced in Canada in 2018, this launch enables to utilization of Paystand’s Zero-Fee B2B Payment Network. Why Canadian CFOs Are Switching to Paystand The expansion comes at a time when Canadian businesses are actively seeking more secure and efficient payment solutions. According to Paystand cash-based…

Financial forecasting has evolved into a vital process for organizations, enabling them to predict future financial conditions and make informed decisions. As we look toward the future, the importance of accuracy, agility, and informed decision-making in financial forecasting cannot be overstated. This guide delves into the latest trends, techniques, and tools that are shaping the future of financial forecasting, offering insights into how businesses can stay ahead in an increasingly complex financial landscape. The Evolution of Financial Forecasting Financial forecasting has traditionally involved a mix of historical data analysis, expert judgment, and statistical methods to predict future financial performance. However,…

Talent management is all about making sure that a company has the best people in the right positions to help the business grow. As the world of work continues to evolve, so does the way companies manage their talent. In this blog, we’ll explore what talent management is, why it’s important, and the key trends shaping its future. We’ll also look at how businesses can build a high-performing workforce by focusing on key areas like employee engagement, performance management, succession planning, employee development, and retention. What is Talent Management? Talent management is a process that companies use to attract, develop,…

StackAdapt, a leading multi-channel advertising platform, has appointed Cassandra Hudson as its new Chief Financial Officer (CFO). With an extensive background in scaling high-growth technology companies, Hudson is set to spearhead StackAdapt’s strategic financial initiatives as it navigates expanding markets. New Leadership to Drive Market Expansion Hudson brings a wealth of experience from her previous role as CFO of EngageSmart, where she successfully led finance teams through rapid growth and boosted profitability. Hudson’s career also includes her time as Vice President of Finance and Chief Accounting Officer at Carbonite, where she played a crucial role in making the company public.…

Oxford Biomedica, a global leader in cell and gene therapy, welcomes Lucinda (Lucy) Crabtree, Ph.D., as the new Chief Financial Officer (CFO). Lucy will also serve as a member of the company’s board. Her appointment, initially announced in July, takes effect today. Crabtree’s Experience Before joining Oxford Biomedica, Lucy was CFO at MorphoSys AG, where she successfully led the company’s finance team through the acquisition by Novartis. She also held key leadership roles at Autolus Therapeutics, guiding the biopharmaceutical firm through its Nasdaq listing. With a solid background in investment and finance, Lucy has held positions at Woodford Investment Management,…

Balance sheet forecasting is a crucial part of financial planning. It helps businesses predict their future financial health by estimating assets, liabilities, and equity. But how does this process actually work? In this guide, we’ll break down balance sheet forecasting in simple terms, so even a 10-year-old can understand it. What is Balance Sheet Forecasting? Balance sheet forecasting is like making a prediction about your future finances. Imagine you’re trying to figure out how much money you’ll have in your piggy bank by the end of the month. You’d look at how much you have now, how much more you…

In the complex world of financial management, one tool stands out for its ability to help businesses anticipate future financial conditions: Balance Sheet Forecasting. This essential process provides organizations with a roadmap for future financial planning, enabling them to make informed decisions that align with their strategic goals. But what exactly is balance sheet forecasting, and why is it so crucial for business success? In this blog, we’ll explore the key components of balance sheet forecasting, its role in financial modeling, and how it supports broader financial planning and business forecasting efforts. Understanding Balance Sheet Forecasting Balance sheet forecasting is…

In an evolving business era, small to mid-sized businesses (SMBs), artificial intelligence (AI), and FinTech partnerships are making headlines this week. SMBs and the Push for Growth Small businesses are gaining significant attention from major financial institutions. Citigroup is expanding its client base to include SMBs with annual revenues between $10 million and $3 billion, aiming to double its commercial banking segment. This shift represents a move from its traditional focus on larger clients. On the same day, Sezzle, a buy now, pay later (BNPL) provider, partnered with Liberis, an embedded finance platform, to support U.S. and Canadian SMBs with…

Forecasting your company’s balance sheet is a crucial part of financial planning. It helps you predict your financial future, manage risks, and make informed business decisions. But how do you choose the right tools to help with this task? In this guide, we’ll break down some of the best balance sheet forecasting tools and software, and show you how they can help you manage your finances better. What is Balance Sheet Forecasting? Balance sheet forecasting involves predicting the future state of your company’s balance sheet. This includes assets, liabilities, and equity. It helps businesses plan for the future by estimating…

PartsTrader, a leader in automotive parts procurement solutions, has appointed Kyle Schmitt as its new Group Chief Financial Officer (CFO). This move comes as the company sets its sights on continued growth and robust financial operations. Schmitt will play a pivotal role in PartsTrader’s future, overseeing the company’s financial strategy, enhancing profitability, and driving sustainable growth. His extensive experience in finance and strategic planning, spanning over 15 years, will be instrumental in driving the company through its next phase of expansion. Schmitt’s Excitement for the Future Upon his appointment, Schmitt expressed enthusiasm for his new role. “I have witnessed first-hand…

Galileo Financial Technologies, a leader in financial technology and a subsidiary of SoFi Technologies, Inc. has introduced an upgrade to its B2B expense management solutions. The company is now offering its fintech clients, including early adopter Rho, access to Mastercard Smart Data, a comprehensive for expense reporting and analytics. This integration promises to streamline corporate expense management and enhance spend visibility. Revolutionizing Expense Management Businesses often struggle with time-consuming and error-prone manual processes in expense reporting. According to industry estimates, companies spend nearly 3,000 hours annually correcting errors in approximately 51,000 expense reports. Mastercard Smart Data aims to address these…

Making accurate balance sheet forecasts is important for planning a business’s financial future.However, traditional methods often have problems that can hurt the accuracy and trustworthiness of the forecasts.In this blog, we will discuss these problems and provide practical solutions and tools to fix them.We will use a clear pillar format to make it easy to understand. 1. Guide to Balance Sheet Forecasting Challenges Balance sheet forecasting involves predicting a company’s future financial position, including assets, liabilities, and equity. While accurate forecasting is critical for strategic planning, traditional methods often pose significant challenges that can hinder the accuracy and reliability of…

Global B2B Payments Market on a Rapid Growth Trajectory The B2B payments market will experience substantial growth, reaching $313,947.8 billion by 2031. According to a recent Allied Market Research report, the market, valued at $125,432 billion in 2021, is expected to grow at a robust CAGR of 9.9% from 2022 to 2031. Drivers of Market Growth The wave in market size is attributed to several factors, including the widespread adoption of digitalization and automation. These advancements facilitate seamless interactions among businesses, suppliers, and retailers. Additionally, the growth in global trade and cross-border transactions further fuels the market expansion. However, challenges…

Making accurate balance sheet forecasts is important for planning a business’s financial future.However, traditional methods often have problems that can hurt the accuracy and trustworthiness of the forecasts.In this blog, we will discuss these problems and provide practical solutions and tools to fix them.We will use a clear pillar format to make it easy to understand. 1. Guide to Balance Sheet Forecasting Challenges Balance sheet forecasting involves predicting a company’s future financial position, including assets, liabilities, and equity. While accurate forecasting is critical for strategic planning, traditional methods often pose significant challenges that can hinder the accuracy and reliability of…

New Chief Financial Officer at Cendyn Cendyn, a leading global provider of integrated hotel technology and services, has appointed Jeffrey A. Cross as its new Chief Financial Officer (CFO). This strategic move aims to bolster the company’s financial management and operations. Experienced Financial Leader Joins Cendyn Jeff Cross brings nearly 40 years of extensive experience in finance, accounting, and operations to Cendyn. He earned his Bachelor of Business Administration in Accounting from The University of Texas, Austin. Cross’s career includes notable tenures at Uptempo, Arena Solutions, TravelClick, and Abila, where he demonstrated a remarkable ability to drive revenue growth and…

Perfios, a leading B2B SaaS firm, has announced the appointment of Rajesh Kini as its new Chief Financial Officer (CFO). Rajesh Kini, who brings a wealth of experience from his tenure at Infosys, is set to play a pivotal role in guiding Perfios through its next phase of global expansion. Having served as CFO of a key Infosys product subsidiary and leading the corporate accounting group, Kini’s expertise aligns perfectly with Perfios’ ambitious growth plans. “Rajesh’s extensive experience and financial acumen will be instrumental as we navigate new market opportunities and continue our global expansion,” stated Sabyasachi Goswami, CEO of…

Making accurate balance sheet forecasts is important for planning a business’s financial future.However, traditional methods often have problems that can hurt the accuracy and trustworthiness of the forecasts.In this blog, we will discuss these problems and provide practical solutions and tools to fix them.We will use a clear pillar format to make it easy to understand. 1. Challenges faces by while creating Balance Sheet Forecasting Balance sheet forecasting involves predicting a company’s future financial position, including assets, liabilities, and equity. While accurate forecasting is critical for strategic planning, traditional methods often pose significant challenges that can hinder the accuracy and…

Waza, the emerging star in B2B payment solutions, has officially emerged from stealth mode with an impressive $8 million in funding, signaling a shift in how businesses in emerging markets manage their payments. This new financial injection includes a $3 million seed equity round and $5 million in debt funding to expand Waza’s groundbreaking services across Africa and beyond. Founded by Maxwell Obi, a fintech pioneer known for his role in Nigerian fintech Amplify, and Emmanuel Igbodudu, a former senior engineer at Revolut, Waza is set to make waves in the payments industry. The company, which operates under MSB registration…

Best Practices for Building a Strong Balance Sheet Forecasting System A reliable balance sheet forecasting system is key to making smart financial decisions and planning for the future. This system helps businesses predict their financial position by estimating future assets, liabilities, and equity. Understanding and implementing best practices in balance sheet forecasting ensures that companies can manage resources efficiently, plan strategically, and achieve their business goals. What is Balance Sheet Forecasting? Balance sheet forecasting is the process of predicting a company’s future financial situation. This involves estimating the company’s future assets (what it owns), liabilities (what it owes), and equity…

B2B commerce is undergoing a seismic shift, and embedded payments are leading the charge. With recent developments like Google Chrome’s integration of Web Monetization, allowing website owners to earn embedded micro-payments, the landscape for online B2B platforms and marketplaces is poised for transformation. This shift promises to streamline transactions and offer new opportunities, especially for small- to medium-sized businesses (SMBs). Simplifying B2B Transactions B2B transactions are limited by lengthy payment cycles, complex invoicing, and manual reconciliations. Enter embedded finance: a game-changer that integrates payment solutions directly into B2B platforms. This innovation allows companies to offer instant credit lines, automated invoicing,…

Circana, a leading advisor on consumer behavior, has disclosed the winners of the 2024 B2B Tech Channel Performance Awards at the XChange event. Now celebrating its seventh year, this prestigious ceremony recognizes exceptional brands that have achieved top revenue or marked significant growth in market share across the United States.   A Year of Remarkable Growth and Innovation B2B technology revenue is projected to hit $66 billion this year, a 5% increase from the previous year. The awards highlight strong industry health and innovation. “B2B technology revenue is expected to reach $66 billion this year, reflecting a 5% year-over-year increase, and…

Nuvei Corporation has announced a strategic partnership with Scanco Software, LLC. This collaboration aims to enhance Scanco’s Invoice2Payment (i2PAY) solution and promises to streamline operations and boost financial visibility for businesses across these industries. Integrating Nuvei’s advanced payment solutions into Scanco’s i2PAY is set to elevate the existing warehouse management capabilities. The new features, including online payment processing, automated deposits, email receipts, and advanced analytics, will significantly enhance Scanco’s customer-managed managed payments. This collaboration ensures businesses can now benefit from seamless Card-Not-Present and ACH processing capabilities directly embedded into their enterprise resource planning (ERP) systems, such as Sage. “By integrating…

In the world of finance, mastering balance sheet forecasting is a crucial skill for predicting a company’s financial performance and identifying opportunities for growth. A well-constructed balance sheet forecast helps businesses plan for the future, manage risks, and make informed strategic decisions. This guide explores the fundamentals of balance sheet forecasting, offers practical tips, and highlights key techniques to enhance accuracy and effectiveness. Understanding Balance Sheet Forecasting Balance sheet forecasting involves predicting a company’s future financial position by estimating its assets, liabilities, and equity. Unlike historical financial statements, which reflect past performance, balance sheet forecasts are projections based on various…

Flywire Corporation has announced the acquisition of Invoiced, an industry-leading SaaS platform renowned for its Accounts Receivable (A/R) automation capabilities. This strategic acquisition aims to significantly enhance Flywire’s global B2B payments solutions by integrating Invoiced’s advanced workflow automation technology. Expanding Capabilities and Market Reach Invoiced’s robust platform streamlines the A/R process for mid-market companies by automating invoicing, payment reconciliation, and payer communications. This integration is poised to enhance Flywire’s current offerings, allowing for a more comprehensive suite of services to its global clientele. Flywire will utilize Invoiced’s platform to penetrate the B2B payments space further, targeting a market estimated at…

In the world of finance, balance sheet forecasting is an important tool that helps businesses plan for the future. It gives a clear picture of a company’s financial health by predicting future assets, liabilities, and equity. In this blog, we will explain what balance sheet forecasting is, why it matters, and the latest trends shaping this important area of financial planning. What is Balance Sheet Forecasting? Balance sheet forecasting is the process of estimating a company’s future financial position based on historical data and current market trends. This means predicting how much the company will own (assets), how much it…

3M has announced the appointment of Anurag Maheshwari as Executive Vice President and Chief Financial Officer (CFO), effective September 1, 2024. Maheshwari, currently serving as Executive Vice President and CFO for Otis Worldwide Corporation, brings a wealth of experience and expertise in financial and business operations to 3M.   Maheshwari has had an illustrious career, most recently at Otis, a global leader in elevators and escalators. His tenure at Otis included roles such as Vice President, Finance, Information Technology, and Chief Transformation Officer in the Asia Pacific region. Before Otis, he played significant roles at Harris Corporation and L3Harris, leading investor…

Telenor Group has announced the appointment of Torbjørn Wist as the new Executive Vice President (EVP) and Group Chief Financial Officer (CFO), effective February 1, 2025. Wist, a seasoned finance executive with a robust background in telecom and logistics, will return to Telenor after a notable tenure elsewhere. An Accomplished Leader Returns Torbjørn Wist brings over 13 years of previous experience with Telenor, where he held significant roles, including Senior Vice President and Group Treasurer. His return to Telenor is highly anticipated, as he is recognized for his deep industry knowledge and proven financial acumen. “We are thrilled to welcome…

ING announced the appointment of Daniele Tonella, who will join the company as Chief Technology Officer (CTO) and a Management Board Banking member. Tonella, who succeeds Marnix van Stiphout, brings a wealth of experience in technological leadership to the role. Van Stiphout has been serving as interim CTO since November 2023, in addition to his responsibilities as Chief Operations Officer and Chief Transformation Officer.  A Leader with a Proven Track Record Daniele Tonella’s appointment marks a crucial moment for ING as the bank continues its journey towards digital excellence. Tonella boasts over 20 years of experience in technology and financial…

Revenue forecasting tools are essential for achieving business success. They help companies predict future sales and manage financial planning effectively. Accurate sales predictions enable organizations to: Allocate resources wisely Set realistic goals Make informed decisions When choosing the right forecasting tool, consider these key features: Integration capabilities: Seamless connection with existing systems like CRM and ERP. User-friendly interface: Easy navigation for all team members. Predictive analytics: Advanced algorithms that enhance forecast accuracy. In this article, we’ll explore the importance of revenue forecasting and the various tools available to improve financial planning. We’ll also highlight the top five revenue forecasting tools…

Ruth Porat has wrapped up her final earnings call as CFO of Alphabet and Google, marking the end of a remarkable chapter. After nearly a decade at the top of one of the world’s most powerful technology companies, Porat is taking on a new role as president and chief investment officer.  Reflecting on a Decade of Leadership On Tuesday afternoon, Porat took the stage for her 56th earnings call, a milestone that includes 37 calls at Alphabet. Her tenure, which began in 2015, follows a distinguished 27-year career at Morgan Stanley, where she served as finance chief before joining Google.…

Ever wondered if your revenue forecasting system is truly effective? The secret often lies in their revenue forecasting system. A robust revenue forecast doesn’t just predict sales; it becomes a critical compass for navigating business growth and strategic planning. For VPs, managers, and business leaders across Global, understanding how to build and maintain an effective forecasting system is essential for steering your company toward success. This blog will guide you through the best practices that can help you craft a forecasting system that not only predicts your revenue but also supports smarter decision-making and strategic growth. Let’s explore TechCFO’s comprehensive…

Have you ever found yourself frustrated by unexpected financial surprises at the end of the quarter? If so, you’re not alone. Traditional revenue forecasting has long been a cornerstone of business planning, but it comes with its own set of challenges that can restrict a company’s growth and stability. In this blog, we’ll look at the common issues encountered in traditional revenue forecasting, particularly among VPs, managers, business experts, and media partners in the United States and elsewhere. We’ll also explore how modern solutions can address these problems, helping you achieve more accurate and agile financial planning. What is Revenue Forecasting Revenue…

Orion Innovation, a trailblazer in digital transformation solutions, has just made a major move by appointing Cyrus Lam as its new Chief Financial Officer (CFO). This exciting development signals a new era for the company as it gears up to amplify its global reach and enhance its innovative service offerings.  Meet Cyrus Lam: The Financial Jedi  Cyrus Lam isn’t just any finance guru; he brings over 20 years of powerhouse experience in the tech industry. Having held influential financial leadership roles at top-tier companies, Lam has a proven track record of driving financial strategy and operational excellence. His knack for…

QPR Software Plc has appointed Taru Mäkinen as its new Chief Financial Officer (CFO). Mäkinen, a Master of Science in Economics and Business Administration born in 1975, will join the company and the executive management team in October. She will succeed Mervi Kerkelä-Hiltunen, who will pursue new opportunities outside the organization.   Mäkinen brings over two decades of experience in financial management, having held key leadership roles in several prominent technology firms. Her most recent position was CFO of Casambi Technologies Oy, and she has also served at Efecte Plc. Heikki Veijola, CEO of QPR Software Plc, expressed enthusiasm about Mäkinen’s…

Astreya, a global leader in IT Managed Services, has appointed Tanmay Limaye as its new Chief Financial Officer. Limaye brings over two decades of executive experience in corporate development and strategic finance, positioning him to lead Astreya’s financial strategies and drive global growth. Tanmay Limaye is known for successfully structuring and executing strategic M&A deals, including acquisitions, divestitures, capital infusions, and IPOs. His leadership has significantly contributed to revenue growth, market expansion, and the enhancement of shareholder value throughout his career. Notably, Limaye played a pivotal role in several high-profile transactions, including a $1 billion IPO and debt financing exceeding…

Creating a solid revenue forecast is important for any business. It serves as the foundation for financial and operational plans, providing insights into production capacity, marketing budgets, sales quotas, and stock price impact. This blog discusses key techniques and the role of predictive analytics in achieving precision and flexibility in financial strategies. Ready to elevate your revenue forecasting? Let’s dive in and unlock insights to drive your business forward! What is Revenue Forecasting? Revenue forecasting involves predicting a company’s future revenues over a specific period based on historical data, market trends, and various influencing factors. It is a critical aspect…

Eastern Bank, a prominent financial institution based in Boston, has announced the appointment of David Rosato as its new Chief Financial Officer (CFO). This strategic move comes alongside the completion of Eastern Bank’s acquisition of Cambridge Trust, further solidifying its position as the largest retail bank based in Massachusetts with assets totaling $25 billion.   Bob Rivers, Eastern Bank’s Executive Chairman, expressed his enthusiasm about Rosato joining the team. “We have a lot of respect for him,” Rivers stated. “He has extensive experience in the public company environment and in managing larger banks, which is crucial as we continue to grow…

Long gone are the days when spreadsheets and personal intuition were the major tools for revenue forecasting. Firms in the latest emerging wisdom today’s business landscape contain an integration of innovative trends that will redefine companies in projecting future income. So, let’s repeal that old ‘crystal ball’ statute and get down to the fun business of modern forecasting! Remember lugging around those thick binders filled with all the financial information? Cloud-based forecasting tools changed the game. These user-friendly platforms not only hold your hand but also your data safely in the cloud. This facilitates real-time access with collaboration from any…

Jimmy Choo, renowned for its iconic luxury footwear brand, has appointed Simon Kemmett as its new Chief Financial Officer (CFO) . Kemmett joins Jimmy Choo from Ralph Lauren, bringing a wealth of experience in finance and operational leadership to the role. Kemmett’s most recent position was as Chief Operating Officer and CFO at Ralph Lauren EMEA (Europe, Middle East, and Africa), where he also served on the board of Richemont & Ralph Lauren Joint Venture Watches & Jewellery. Prior to Ralph Lauren, Kemmett spent over a decade at Nike, progressing from Finance Director for the UK & Ireland to CFO…

Have you ever wondered how businesses predict their future income? The answer lies in a crucial financial tool: revenue forecasting. What is Revenue Forecasting? Revenue forecasting is the process of predicting a company’s future income for a specific period. It utilizes historical sales data, market trends, and other relevant factors to create an educated guess about upcoming revenue. Think of it as a roadmap guiding your business towards financial goals. Why is Revenue Forecasting Important? Accurate revenue forecasts offer several benefits: Revenue Forecasting vs. Other Forecasting Terms: Revenue Forecasting & Data Analysis: Data analysis plays a crucial role in revenue…

Revenue and forecasting models are essential tools for businesses, enabling them to predict future revenue based on historical data, anticipated demand, and current trends. Imagine having the ability to predict your company’s financial future with accuracy, navigate market fluctuations, and make informed decisions that propel growth. Revenue forecasting isn’t just about crunching numbers; it’s a strategic approach that blends historical insights with market dynamics to paint a picture of what lies ahead. Our blog explores how revenue forecasting works and is essential for all the financial services, VPs, Managers, and people interested in the economic growth and revenue-generating sector. Also,…

ATLANTA, July 9, 2024 – UPS (NYSE: UPS) today announced the appointment of Brian Dykes as its new Executive Vice President and Chief Financial Officer. Effective immediately, Dykes will be responsible for UPS’s financial strategies and will lead the global finance organization, including planning, treasury, tax, financial reporting, financial operations, and investor relations. A Seasoned Leader Takes the Helm Brian Dykes, 46, brings over 25 years of extensive experience within UPS to his new role. Most recently, he has served as Senior Vice President of Global Finance and Planning since April 2023. Throughout his tenure, Dykes has held various positions…

Sailesh Munagala, the CFO of Vectra AI, will take advantage of his prior expertise in managing financial operations at Google, Palo Alto Networks, and Relativity to propel the company’s growth and innovation. Vectra AI, Inc., the leader in AI-driven XDR (extended detection and response), today announced the appointment of Sailesh Munagala as Chief Financial Officer (CFO). Munagala is a highly experienced finance executive who has managed finance operations for numerous large-scale, rapidly expanding technology companies. Munagala joins the executive team at a pivotal moment in time as Vectra AI works to protect businesses from new threat vectors brought about by…

Woodcliff Lake, NJ, June 28, 2024… BMW of North America has announced a change to its executive management team with the appointment of Andreas Kindler as the company’s next Executive Vice President and Chief Financial Officer, effective August 1, 2024. Kindler replaces Raymond Wittmann, who returns to BMW Group headquarters in Munich to lead the corporate strategy division. Under his new position, Kindler will oversee all financial operations for BMW of North America, including corporate strategy, procurement, risk management, treasury, taxes, and facility management. As a member of the BMW North America Executive Board, Kindler will have direct reporting lines…

Populous-Strengthens-Leadership-Team-with-New-Chief-People-Officer-by-YourTech-CFO

Chemours Company, which operates globally in the manufacturing of chemicals, especially performance chemicals, has employed Shane Hostetter as the CFO (Chief Financial Officer) starting July 1, 2024. In this position, Hostetter will be heading up the company’s Finance, Investor Relations, Corporate Development, Strategy, and Enterprise Risk Management departments. Hostetter has been associated with Quaker Chemical Corporation, a globally leading company specializing in industrial process fluids, a public company for the last 13 years where he worked as Senior Vice President and as CFO from April 2021. During his entire tenure at the Quaker Houghton company, Hostetter had several managerial positions…

MoneyGram International, Inc., a leading global financial technology company, has recently released information regarding the selection of a new CFO (Chief Financial Officer) where Gary W. Ferrera has been selected for the position. After more than 30 years in international financial management, Ferrera has joined MoneyGram and started his new position on June 10, 2024, with direct subordination to Alex Holmes, the company’s Chairperson and CEO. As a key executive, Ferrera will be responsible for managing all the company’s financial functions, which include finance, accounting, tax, and treasury to help drive the company’s growth and further its digital enablement agenda.…

In a bid to set its direction for the future, a leading professional services company, Accenture, has just announced a massive leadership overhaul to its team whereby Angie PARK has been named the firm’s new CFO. Park’s appointment has been given at the time when her predecessor, KC McClure, is all set to retire from Winstead after a glorious 36-year long journey. This change was declared during the company’s Q4 FY 2024 earnings call marking a significant turn in the management of the financial functions of Accenture. McClure has been the company’s CFO and a member of the Global Management…

In today’s fast-paced business world, being a CFO is no longer just about crunching numbers. With technology constantly evolving and everyone wanting to make data-driven decisions, CFOs are now expected to be strategic advisors, leading the way with insightful analysis and helping their companies grow. To keep up with this shift, the right tools are essential. Financial Planning & Analysis (FP&A) Software Financial Planning & Analysis (FP&A) software has become a game-changer for CFOs, enabling them to streamline budgeting, forecasting, and strategic planning processes. These powerful tools offer a range of features, including: Among popular cloud-based FP&A software, the…

Cost management is now a very important factor in organizations today due to the dynamic environment that organizations today operate in. Being a financial leader in the organization, CFOs are responsible for comprehensively managing costs with an aim of seeing that expenses are appropriately controlled, and overall financial productivity is inflamed. This article will focus on the current trends in managing costs and discuss what type of approaches different CFOs can apply to reach the best results in cost reduction, management, and control as well as develop the best strategies regarding financial efficiency. We will explore ways of cutting…

Employbridge, a well-known supplier of workforce solutions and solutions supported by technology, and the largest industrial staffing agency in the United States, has introduced Teri Miller as the company’s new CFO starting June 3rd. This strategic move has direction Employbridge’s focus on building a strong executive team and towards the future success of the company. “Teri is a dynamic leader with an exceptional track record of leading high-growth business service organizations,” said Billy Milam, CEO of Employbridge. “Her extensive experience in finance and operations at both the enterprise level, as well as across operating units, will be invaluable to our…

As part of a new EA plan to strengthen its ranks and enhance its financial muscle, Google Fiber, a renowned Wi-Fi, and internet connection services provider that is affiliated to Alphabet, has hired John Abbot in the capacity of Google Fiber’s first CFO. This strategic hiring is particularly significant in that it clearly gives focus to the need for Google Fiber to ramp up its growth and expansion plan and in that sector of the telecommunications market. Abbot has a vast background in finance and more than 30 years of leadership and experiences with various companies, especially serving as Chief…

The current business environment is rather dynamic, and CFOs are in a challenging position when it comes to managing numerous and intricate regulations. Due to the numerous rules and regulations that are in place within the financial sector, CFOs need to be aware of the various compliance issues that affect the industry. In this article, we will discuss measures, approaches, and recommendations that can assist CFOs in identifying and addressing various compliance issues and managing them efficiently in their companies. CFO Challenges in Regulatory Compliance Addressing compliance risks and managing regulatory compliance is a key issue that concerns CFOs in…

As the financial environment becomes more complex, CFOs (Chief Financial Officer) have the difficult responsibility to estimate future financial scenarios and make effective decisions that can contribute to performance improvement. However, to remain relevant, CFOs need to adopt current and future trends in the preparation of the company’s financial forecast, including the use of technologies and creativity.   In this article, we will touch upon the following topics of interest: advanced financial modeling, sophisticated forecasting, real-time forecasting techniques, artificial intelligent financial forecasts, data-driven decision making, and cloud-based financial forecasts. Increasingly, the CFO remains at the center of business forecasts, so let’s…

I. Introduction Irrespective of the growing dynamism in the business environment, the responsibilities of a Chief Financial Officer (CFO) have evolved. The contemporary economic directors of today are not only limited to the responsibilities of financial control, analysis, and reporting, but are strategic visionaries, enablers of change, and drivers of corporate progress. While the traditional task of a CFO has been to manage the finances of a company, changing dynamics of globalization, increased competition and technological advancement have made it necessary for a CFO to be more than just the chief number cruncher. This extensive article discusses the current state…

In a strategic move to fortify its financial stewardship and position itself for continued growth, Persistent Systems (BSE & NSE: PERSISTENT) has recently disclosed key changes in its senior management team where Vinit Teredesai would join the company’s leadership team as the Chief Financial Officer (CFO). Teredesai has more than 28 years in the field of finance and has been serving Godrej for the past several years and will be the successor of Sunil Sapre who is set to retire this year after being associated with the company for a long time. Teredesai’s appointment comes at a contentious moment for…

IBM has published an important report with an ambitious request to assist CEOs in investing in AI and ensure its success with the help of CFOs. The IT firm’s conclusions indicate that there are large gains that can be reaped from executive cooperation including reducing revenue leakage by up to 70% and increasing time spent on decisions and assistance by as much as 90%. The report, titled “CEO Guide to Generative AI: Finance: The New Leader of AI-Enabled Model Transformation” highlights the significance of the CEO-CFO partnership in promoting organizational digitalization and effective usage of AI. The need for cost-cutting…

Aegon, a global insurance company with a mission of providing people with the confidence that their financial future will be secured, continuing to develop and transform, took a major decision concerning its further work – the company named Duncan Russell a new CFO. Russell’s appointment will take effect starting September 1, 2024, when the current vice president of global operations, Matt Rider, retires from the company after seven plus years of excellent work for the company. This leadership change takes place at the most critical moment for Aegon since the financial arena is changing every day and offers new opportunities…

In a strategic step among the spirits brewing world, the Diageo company, the producer of globally recognized brands like Guinness, Johnnie Walker, and Tanqueray, has announced Nik Jhangiani as their next Chief Financial Officer (CFO). This precondition is being announced as the London headquartered organization is struggling to set the sales and also the changing consumer tastes, especially in some key markets like Latin America and the Caribbean (LAC). Having been in the Coca-Cola company for the past 20 years Jhangiani brings on board a remarkable blend of experience and proficiency that will strengthen Board’s executive team at Diageo. He…

In a strategic effort with the purpose of strengthening their financial leadership, A+E Networks, the famous cable group that includes Lifetime, A&E Network and History Channel, has officially announced the promotion of David Bank as the new Chief Financial Officer (CFO).

iPipeline, a leading digital solutions provider for life insurance and wealth management industries, has been strengthening its leadership team and the organization’s latest move is the appointment of Adam Boone as the company’s new Chief Financial Officer. With a great knowledge in financial management, strategic projects and business enlargement, Boone is the right man for this task, therefore, iPipeline will continue growing and succeeding in a financial services industry, which is changing very fast.

As part of a strategic maneuver to bolster the financial side of its leadership, Rev Group, the well-known specialty vehicles producer, has brought in Amy Campbell as its Senior Vice President and CFO from April 15, 2024. As the former vice president of procurement at Caterpillar, the heavy equipment company, Campbell brings a solid resume of 23 years of executive experience.

On Monday, Digicel Group, a well renowned international telecommunications company, revealed the new Group CFO, Leopoldo Gutierrez. Gutierrez, with over twenty years of expertise in global financial operations, will commence his new position on May 1st, 2024, and will be domiciled in Kingston, Jamaica.

In the current fast-changing economic landscape, the knowledge required to make flexible financial decisions has never been a greater priority. The influx of large amounts of data, and the increasing complexity of the financial environment, is resulting in a tremendous demand for prudent financial decision-making.

Cash is the ruling factor in the business world where speed and uncertainty are prevalent. It serves as a vital force that sustains an organization’s prosperity and drives expansion. This concept is eloquently expressed through a classic quote from “Wall Street”: “Money isn’t created or destroyed; it’s merely transferred.” The efficient administration of cash has transformed from being optional to imperative for enduring viability and triumph in any enterprise.

STV, a leading planning, design, and management services firm with a wide North American footprint, announced on April 10, 2024, that it has appointed Chris Statham as its new Chief Financial Officer. The action is a response to the sizeable expansion that STV is experiencing and is a part of the realization of its 2023-2025 Strategic Plan. Statham will now oversee moving the organization’s strategic goals forward, enhancing financial operations, and implementing the corporate financial strategy to support its fast growth. With STV now having 3,000 employees and its presence in more than 60 offices in North America, the company…

The sustainability topic is no longer a buzzword in the business world of today, where it is a strategic imperative for the companies all over the globe. A report released in 2020 showed that sustainable investments have been on the rise at an unprecedented rate, reaching an unbelievable $35.3 trillion in 2020, which is a 15% increase from 2018. This spike illustrates the growing awareness about the financial and societal advantages of adopting sustainable business practices. As financial stewards, the Chief Financial Officers (CFOs) of the organizations are the key factors in the implementation of sustainable finance initiatives. Through the…

Rodrigo Graca Moura has been appointed as the new Chief Financial Officer of Backbase with effect from April 2024. As a highly skilled enterprise software professional with over two decades worth of experience in scaling companies, he brings invaluable financial acumen and business partnership prowess to his role at this pioneering force behind the innovative Engagement Banking Platform. Graca Moura, in his pivotal role as a leader, will assume the responsibility of supervising Backbase’s financial strategy and operations. As the company is set to undergo an accelerated growth phase, he must ensure its fiscal well-being. His primary objectives will encompass…

In a new development, Spotify – the infamous music streaming platform has named Christian Luiga as its Chief Financial Officer. As the ex-CFO and deputy CEO of Swedish defense company, Saab, Mr. Luiga will assume his responsibility at Spotify in the third quarter of the Financial Year 2024 to oversee finance-related matters for the firm.

A well-organized onboarding process is crucial in today’s fast-moving and ever-changing business world. It goes beyond being a mere formality as it serves as a strategic advantage that has the power to greatly impact employee engagement, retention rates, and overall organizational accomplishments. Like an enthralling TV show plotline, smooth onboarding sets the foundation for an immersive experience for new hires by making them feel appreciated, included, and prepared with all necessary information and resources needed from their first day onwards.

GameStop has introduced Daniel Moore as its new CFO as part of a strategic plan to stabilize the company’s leadership through deft financial management and get it back on the right track. The announcement closes the door to Moore’s eight months as an interim CEO, as the gaming retailer is still striving to cope with a difficult retail scene that is marked by depleting sales and managerial changes.

Remember the days of waiting in line at the bank, filling out endless forms, and feeling like an afterthought in the financial services industry? Forget it. The FinTech revolution is in full swing, and 2024 promises to be a year of even more disruption, innovation, and personalization. From AI-powered financial advisors to the rise of the “super app,” get ready for a rollercoaster ride through the fascinating world of technology-driven finance.

Cash flow. It’s the lifeblood of any enterprise, man or woman, or family. But what happens while the rhythm gets off, and your outflows begin to outweigh your inflows? Don’t fear! According to a PWC record, a whopping 82% of agencies inside the US revel in cash flow troubles at some point. The correct information? There is a plethora of techniques you can put into effect to improve cash flow, and this blog will delve into not simply the common processes, but also some hidden gems that may provide you with that extra part. Understanding the Cash…

In a revolutionary decision that has the potential to restructure the financial sector, BlackRock, the biggest asset manager in the world, launched the first tokenized fund ever with its shares issued on the Ethereum public blockchain. The name given to this innovative product is “BlackRock USD Institutional Digital Liquidity Fund” (BUIDL). BUIDL provides qualified investors with the opportunity to earn U.S. dollar yields by subscribing to the Fund through Securitize Markets, LLC.

Cash flow. It’s the lifeblood of any enterprise, man or woman, or family. But what happens while the rhythm gets off, and your outflows begin to outweigh your inflows? Don’t fear! According to a PWC record, a whopping 82% of agencies inside the US revel in cash flow troubles at some point.

In a nutshell, outsourced accounting includes delegating your monetary control responsibilities to a qualified expert or firm. This can embody a huge variety of offerings, from fundamental bookkeeping and facts access to complex tax training and financial analysis. Essentially, you are hiring an expert, i. e. outsourced accountant services to address the economic nitty-gritty so you can focus on what honestly subjects – growing your commercial enterprise.

Nikola Corporation, a US-based manufacturer of heavy-duty commercial battery-electric vehicles, fuel-cell electric vehicles, and energy solutions, has appointed Thomas Okray as Chief Financial Officer (CFO) of the corporation. 

Have you ever obtained a hefty pre-payment for a carrier you haven’t added yet? While it might appear to be an early win, it absolutely introduces a new accounting time into your economic equation: deferred revenue. 

 Often shrouded in a piece of mystery, this idea can be elaborate to recognize and navigate. But worry not, fellow marketers! This blog aims to demystify the whole lot deferred revenue, from its definition and impact to the trendy developments and professional tips for coping with it efficaciously.

In today’s dynamic economic landscape, characterized by rising inflation (8.2% as of September 2023, according to the Bureau of Labor Statistics) and potential recessionary concerns, cost management has become a top priority for businesses of all sizes. But for Chief Financial Officers (CFOs), navigating the terrain of cost management goes beyond simply slashing expenses. It requires a strategic and data-driven approach that balances efficiency with long-term growth.

Remember the days of waiting in line at the bank, filling out endless forms, and feeling like an afterthought in the financial services industry? Forget it. The FinTech revolution is in full swing, and 2024 promises to be a year of even more disruption, innovation, and personalization. From AI-powered financial advisors to the rise of the “super app,” get ready for a rollercoaster ride through the fascinating world of technology-driven finance.

Simetrik, a Colombian B2B financial automation platform, has secured a $55 million Series B funding round to fuel global expansion and enhance its AI-powered financial tools. 

The funding, led by Growth Equity at Goldman Sachs Asset Management, reinforces Simetrik’s position in the rapidly evolving financial technology landscape. Founded in 2019, the company has carved a niche by offering intuitive solutions like record centralization, reconciliation, and automated financial reporting through its innovative Simetrik Building Blocks (SBBs).

Imagine this: You’re the captain of a ship, charting a course through uncharted waters. The winds of the market swirl around you, the currents of economic trends shift beneath you, and you need to reach your destination – financial stability – without running aground. This, my friends, is the essence of Financial Planning and Analysis (FP&A).

Imagine a world where profits and planetary health go together. Where the guardians of the corporate purse see sustainability not as a cost, but as a golden opportunity. This is the reality dawning upon Chief Financial Officers (CFOs) across the USA, and it’s shaking up the traditional boardroom dynamic. Let’s embark on a journey to explore the evolving role of CFOs in sustainability initiatives, a story packed with surprising stats, expert insights, and a glimpse into the future of responsible finance

In a strategic move set to redefine the landscape of digital payments, Payplug, a leading payment solution provider, has announced a strategic partnership with payment service platform Mangopay. This collaboration aims to revolutionize the payment ecosystem by offering enhanced convenience, security, and flexibility to businesses and consumers alike.

Imagine this: you’re scaling a treacherous mountain, each step requiring careful planning and resource management. Suddenly, a thick fog rolls in, obscuring the path ahead. How do you navigate the unknown without tumbling down the financial face of the cliff? Enter the balance sheet, your crucial cash flow tool and map to financial stability. Today, we’ll understand this often-dreaded document, equipping you to build a fortress balance sheet that weathers any economic storm

Imagine a tightrope walker, gracefully navigating a high wire, balancing precariously between breathtaking heights and potential disaster. This, in essence, is the daily life of a CFO, constantly striving to maintain a healthy cash flow – the lifeblood of any organization. Unlike the tightrope walker, however, the consequences of a misstep for a CFO aren’t just personal; they can impact the entire future of the company. That’s why cash flow management, the art of balancing incoming and outgoing funds, is arguably a CFO’s most crucial responsibility. But in today’s dynamic business landscape, with unpredictable markets and ever-evolving technologies, optimizing cash…

Strategically aligning resources with organizational goals, businesses can navigate uncertainties and seize opportunities while maintaining financial stability. This is where effective budgeting and forecasting play a pivotal role. Let’s dive into the 6 best practices that form the backbone of successful Budgeting and Forecasting. Understand the Essence:Financial stability lies at the core of understanding budgeting and forecasting. Budgeting involves setting financial targets, while forecasting anticipates future trends. Integrating these processes harmoniously is key to a strong financial strategy. Leverage Cutting-edge Software:Utilizing advanced software can streamline the process since embracing technology is no longer an option but a necessity. This ensures…

Forget dusty ledgers and spreadsheets, today’s CFOs are digital transformation rockstars, wielding data and tech to propel businesses forward. But wait, isn’t that the CTO’s job? Dive in and discover the CFO’s surprising yet crucial role in the digital revolution.

In a surprising trend, a recent survey by Cisco has revealed that a significant number of companies have implemented a ban on the use of Generative Artificial Intelligence (GenAI) tools. The decision to restrict GenAI usage reflects growing concerns within the corporate sector about potential risks and ethical implications associated with this advanced technology.

John Dietrich, the maestro of numbers and current FedEx CFO, is putting on a new hat – a First Horizon board member’s hat! John Dietrich is not your average CFO. He’s the financial maestro behind the global shipping giant, orchestrating the financial symphony that keeps packages zipping across the planet faster than you can say “overnight delivery

In an era wherein generation is the using force at the back of business evolution, virtual transformation is greater than a buzzword; it is a requirement. As groups searching for to stay aggressive and relevant, the incorporation of artificial intelligence (AI) has emerged as a game changer. Here, we examine the ten secrets that pave the manner for a success virtual transformation by means of leveraging the electricity of AI.    1. Strategic Vision and Leadership:  Digital transformation begins from the top. Leaders’ ought to create a clean imaginative and prescient, align it with organizational desires, and advise for the…

Image Credit By: worldline.comIn a groundbreaking flow set to redefine the landscape of digital transformation, Worldline and Google have announced a strategic partnership that guarantees to raise the nation-states of generation and innovation. The collaboration introduced these days, marks a pivotal second in the evolution of electronic payments and signifies the fusion of enterprise giants with a shared imagination and prescient for destiny. Worldline, an international leader in the charge and transactional services industry, has selected Google Cloud as its technology accomplice to spearhead a brand-new technology of virtual transformation. The partnership leverages Google Cloud’s contemporary technology, along with synthetic…

Imagine your office commute powered by an AI assistant that predicts the traffic on all different routes, orders your breakfast waffles to go and even preps your favourite latte- all before you even wake up. That sounds like a dream strategy right?Well, almost. Except it misses a few details here and there. Just a strategy with a sprinkle of AI is easy talk. But what about the core idea that makes it a business’s superstar?Integration of AI powered solutions and machine learning applications into Business strategies is the new age secret weapon for businesses, and building a winning AI strategy…

7 key considerations for choosing cloud services in highly regulated industries.

Red Hat OpenShift cloud services is an enterprise – grade application development platform that is hosted and managed by Red Hat and public cloud providers. Red Hat OpenShift cloud services enables application developers to build, deploy, and run traditional and cloud-native applications at scale.

The efficiency and unlimited scalability of cloud architectures are pushing companies towards the cloud, whether public, private, or hybrid solutions.

To improve agility, speed, and flexibility, organizations are transitioning to the cloud and adopting cloud-native development. IDC research shows that worldwide, 97% of enterprises expect to take advantage of connected hybrid and multicloud infrastructure, spanning both on-premise resources and one or more public cloud platforms to support these cloud-native applications.

Across industries, organizations depend on applications to engage customers, partners, and employees; direct both internal and external business processes; and achieve business goals. The way you design, code, build, test, deploy, run, and manage these applications can greatly impact your organization’s ability to innovate and adapt.

Across industries, hybrid cloud adoption is growing. In fact, 81% of financial services firms say that the cloud is the most essential technology for achieving business priorities, and 74% have adopted a cloud-first approach for new application development.

Edge solutions in various environments will fuel innovation and drive FSI firms’ future technology fitness with adaptive, dynamic, and resilient business strategies and operations.

Als erster seiner Art bietet dieser Bericht Einblicke in die Vorgehensweise von Unternehmen beim Umgang mit globalen Cybersicherheitsbedrohungen. Die Ergebnisse beruhen auf umfassenden Interviews mit 1.350 Managern aus Geschäfts- und IT-Abteilungen, die in Unternehmen und Institutionen mit mindestens 1.000 Mitarbeitern sicherheitsrelevante Entscheidungen treffen.

Selon une enquête mondiale IDC menée en 2022, 95 % des PDG poursuivent ou démarrent une stratégie « digital-first » dans leur entreprise. Or le succès d’une transition réussie vers une telle stratégie dépend d’une part de l’utilisation d’outils et de pratiques numériques, et d’autre part de la capacité à les associer aux outils et pratiques IT historiques, en place dans l’entreprise.

As a modern retail leader, you’re not only charged with understanding the latest technology innovations in the market, but you’re also responsible for guiding your organisation through its digital transformation journey.

Mit dem „Vorteil des Verteidigers“ ist die Tatsache gemeint, dass Unternehmen und Institutionen ihre eigene, vertraute Umgebung vor Angreifern schützen. Das ist ein großer Vorteil, da sie die Kontrolle über das Terrain haben, auf dem die Auseinandersetzung stattfindet. Vielen Organisationen fällt es jedoch schwer, diesen Heimvorteil zu nutzen.

In der Vergangenheit haben wir unseren Ausblick auf das kommende Jahr mitunter als „Vorhersage“ bezeichnet. Da unsere Kommentare zur Cybersicher heitslage jedoch immer auf bereits von uns beobachteten Trends beruhen, ist „Prognose“ eine treffendere Bezeichnung.

Der Vorteil des Verteidigers – Eine Momentaufnahme der Cybersicherheitslage“ greift Themen zur Cyberabwehr auf, die immer wichtiger werden, und liefert dazu passende Erkenntnisse aus Mandiant-Einsätzen und andere Praxisbeispiele. In dieser Ausgabe werden u. a. die folgenden Themen behandelt:

A decade ago, financial services and insurance (FSI) firms considered the cloud to be a shared space for hosting applications―one that was somewhat risky. Concerned about security breaches and loss of control, such firms were late adopters of public cloud services.

Equipped with a fully integrated digital agreement platform, legal can bring three distinct advantages to advance the business. Read this eBook to learn about each of these advantages in depth:

Corporate legal teams are accelerating their adoption of digital solutions, like contract lifecycle management, to automate repetitive, manual processes. As a cost center with an increasingly important strategic role, legal is faced with increased demand, shrinking budgets and an often overextended workforce.

Legal and security departments share the common goal of protecting an organization from harm. But, while both work to ensure security and compliance, the respective teams play distinct roles in achieving these goals. Through close collaboration and communication, each team can help the other optimize security and compliance throughout the organization.

Contracting work requires end-to-end attention. It’s important to negotiate favorable terms in an agreement, but that effort loses value if the terms can’t be easily found and enforced. It’s incredibly important to a business’s bottom line to be able to effectively search a base of contracts to find opportunities and risks.

Facing highly volatile markets, energy businesses are under intense pressure to improve operational efficiency and attractiveness to investors.

As the leader in identity and access management (IAM), Okta has worked with thousands of companies to achieve their security and usability goals. We’ve learned that no matter how far along each company is on their identity journey, there’s a common set of challenges they face at every step.

Today’s CIOs are increasingly accountable for more than just enabling the organization with tools and technology. CIOs and their IT teams are being seen as strategic enablers of the front office, tasked with supporting the workforce while also generating business value.

Most organizations today operate in the cloud. While this simplifies operations in many ways, it comes with its own set of risks that can significantly impact your bottom line — in 2021, the average cost of a public cloud breach was $4.8 million.*

The Gartner Critical Capabilities for SSE – an essential companion to the 2023 Gartner Magic Quadrant™ for SSE in which Lookout was named a Visionary for the second year in a row – is a comparative analysis that scores products or services against a set of critical differentiators that every business needs, as identified by Gartner.

Gone are the days when users, devices, applications, and data resided within a controlled perimeter. To meet new security challenges, many organizations pieced together complex ecosystems of point products.

Amidst hybrid work, your employees are using personal devices and public networks to access corporate resources. While this has boosted productivity, it also means that you’ve lost control over how data is used and shared.

As the demand for video content continues to grow, creative teams are faced with increasing project requests and tighter timelines. Traditional production tools and processes can make it difficult to support demand while delivering high-impact video content for your business.

In today’s competitive business climate, mergers and acquisitions (M&A) have become a key component of many growth strategies. Globalization, acquisition of new products and services, and enhanced customer footprints are all opportunities that come with mergers and acquisitions.

Identity and Access Management (IAM) has been around for years but has continued to rise in prominence. So why the focus on IAM across business units and leadership now?

The benefits of adopting agile practices for marketing are common headlines today. But, how do you (and your marketing team) actually get started with the practices?

Marketers looking to create advanced integrated digital experiences are looking beyond a traditional CMS and into Agile CMS solutions or Digital Experience Platforms (DXP). Since each website owner has a unique vision of an integrated digital experience, why should a DXP be a one-size-fits-all proposition?

Many VMware customers are concerned that Broadcom may delay current VMware roadmaps, discontinue products, and increase prices. Technical leaders must carefully consider how the acquisition is likely to impact VMware support, pricing, and innovation and adjust their existing VMware deployments and future technology plans accordingly.

Through a series of in-depth customer interviews and a methodology for determining business value, IDC’s analysis found that these companies realized significant value from the Nutanix offering with annual average benefits per organization of $5.9 million by:

Learn how these businesses and associations leveraged Nutanix to simplify and save on their database operations

Today’s companies must enable their customers to engage with their apps or services at any time, from any device, in a secure and safe manner. At the same time, companies must also ensure that these engagements are convenient and consistent across the full range of digital channels.

Managing modern Customer Identity is a complex task. Keeping up with evolving standards, compliance laws, best practices, and constantly patching security bugs takes time and money away from the core business.

En este e-Book, se analizan las expectativas de los usuarios para su experiencia de trabajo digital (es decir, las experiencias relacionadas con los dispositivos, las herramientas de colaboración, las aplicaciones y los entornos de trabajo híbrido a los que acceden en el transcurso de su trabajo).

Lleve la administración de energía al siguiente nivel con aprendizaje automático y características y configuraciones personalizables que ayudan a mejorar el rendimiento del dispositivo sin desperdiciar el exceso de energía.

El ritmo de la transformación digital es más rápido que nunca y no hay nada que sienta el impacto de ese cambio más que los lugares de trabajo. Para los empleados, el trabajo ya no se trata solo de cubículos y traslados: ahora se trata de llamadas de Zoom, carpetas de Dropbox, Google Sheets y mensajes instantáneos.

Lo que es bueno para las personas y el planeta también lo es para el saldo final de su empresa. A medida que la sustentabilidad ambiental y la acción por el clima siguen diferenciando a las empresas, pocas máximas empresariales parecen más aplicables.

Nunca ha habido un mejor momento para ser un tomador de decisiones de TI. Han quedado en el pasado los días de los técnicos acartonados, que se arrastran por la oficina reiniciando computadoras y administrando las actualizaciones de la infraestructura.

As organizações entrevistadas obtiveram ganhos significativos com a implementação da solução de armazenamento de software Dell PowerStore para otimizar e dimensionar cargas de trabalho essenciais para os negócios, ao mesmo tempo que diminuíram os custos operacionais.

A pesquisa da IDC demonstra o valor de usar as soluções APEX da Dell Technologies, ou seja, soluções hiperconvergentes de armazenamento e de proteção de dados como serviço da Dell Technologies, que usam hardware Intel para executar e apoiar as operações de negócios

La investigación de IDC demuestra el valor de usar las soluciones APEX de Dell Technologies, es decir, las soluciones como servicio de infraestructura hiperconvergente, almacenamiento y protección de datos de Dell Technologies que utilizan con hardware de Intel para ejecutar y respaldar sus operaciones comerciales.

Independientemente del sector, los datos impulsan la empresa actual. El mercado global se basa en el flujo constante de datos a través de redes interconectadas, y los esfuerzos de transformación digital ponen en riesgo aún más datos.

La mayoría de las organizaciones está implementando cargas de trabajo críticas, como ERP, aplicaciones de productividad de oficina, sistemas de inteligencia comercial y CRM, o piensa implementarlas en nubes públicas y privadas:

Los líderes de TI buscan una experiencia mucho más simple y ágil. APEX Data Storage Services es un portafolio como servicio de recursos de almacenamiento escalables y elásticos diseñados para el tratamiento de los gastos operativos.

La administración de almacenamiento de datos puede complicarse rápidamente, en especial con retos como:

Dell PC as a Service (PCaaS). Se gasta demasiado tiempo y dinero en la administración de dispositivos y la solución remota de problemas.

Las PC Latitude presentan características de privacidad, conectividad y colaboración inteligentes para trabajar con confianza desde cualquier lugar, incluido el nuevo panel táctil de colaboración con tecnología háptica en la Latitude 9440

Mit dem schnellen Umstieg zur Remote-Arbeit in der Cloud hat sich auch die Bedrohungslandschaft verändert. Die Angreifer nehmen nun das lokale Active Directory und Azure AD-Konten mit identitätsbasierten Cyberattacken ins Visier, um sich in einer Umgebung festzusetzen.

Bedrohungsakteure lenken ihre Aufmerksamkeit immer mehr auf identitätsbasierte Angriffsflächen und nehmen dabei vor allem lokale und in der Cloud gehostete AD-Umgebungen (Active Directory) ins Visier.

Da Bedrohungsakteure immer häufiger identitätsbasierte Angriffsflächen ins Visier nehmen, entscheiden sich immer mehr Unternehmen für Identitätssicherheitslösungen, die Funktionen zur Prävention, Erkennung und Abwehr bieten. Damit können Indikatoren für den Diebstahl oder Missbrauch von Anmeldedaten, übermäßige Berechtigungen und Angriffe, die auf Rechteausweitung und lateraler Bewegung basieren, erkannt und neutralisiert werden.

Acer Computer (S) has been established since 1990 and has been serving the Singapore market for decades. Across both consumer and commercial arenas, Acer Computer (S) has secured healthy market-share across the laptops, desktops and display monitors product categories.

Embodying the mission of “Breaking barriers between people and technology,” Acer has continued on its quest to bridge the digital divide by making education and technology increasingly accessible. We have also extended our responsibility to the society at large and the environment.