Press Releases
Candor Launches Impact Shield: A Shareholder Value Protection Solution for RSU Tax Settlement
Candor announced the launch of Impact Shield on June 24, 2025, the first optimization solution for restricted stock unit (RSU) tax settlement. Designed by a team of former institutional traders and engineers, the platform aims to reduce stock price impact during RSU vesting events, helping CFOs protect shareholder value. Candor's analysis shows that improper open market sales can cause public companies to lose 2-6% of their market capitalization each quarter.
Nominal Raises $20 Million Series A to Transform Finance Operations with AI Agents
Nominal announced a $20 million Series A funding round, led by Next47 with participation from Workday Ventures, Bling Capital, and Hyperwise Ventures. This round brings Nominal's total funding to $30 million. Nominal is an AI-native enterprise resource planning (ERP) startup that aims to automate complex finance tasks for mid-market and enterprise companies through AI agents.
RAAPID Launches RADV Documentation Defense Webinar as CMS Expands Audits to All 550 Medicare Advantage Plans
RAAPID announces a webinar aimed at helping Medicare Advantage plans navigate CMS's expanded RADV audits. CMS has extended its annual audits from 60 plans to all 550 plans. The webinar, scheduled for July 23, 2025, will be led by Wynda Clayton, who has over 20 years of experience, and will cover real-time chart reviews, daily compliance processes, and more.
BBi and CFMA Form Strategic Partnership to Expand Construction Technology Education and Resource Access
Big Blue Innovations (BBi) and the Construction Financial Management Association (CFMA) announced a new strategic partnership aimed at expanding access to construction technology education and resources. Building on BBi's successful ERP roundtable experience over the past three years, the two organizations will jointly launch a software roundtable series, offering construction professionals a non-sales environment for direct dialogue with software vendors. This collaboration will combine the expertise of both institutions to provide objective, credible technology guidance to CFMA members and the broader industry.
HelioCampus Launches New Product Portfolio to Help Higher Education Leaders Tackle Cost Challenges
On July 28, 2025, HelioCampus released an updated product portfolio, including workforce cost analysis and academic cost analysis products, supporting higher education institutions in optimizing cost structures through a data-driven approach.
Insufficient IT-Finance Collaboration Costs CFOs Six-Figure Income Annually, Teqtivity Research Reveals
Teqtivity's analysis found that insufficient collaboration between IT and finance departments causes dual financial losses: a 15%-20% waste of IT budgets and missed substantial revenue from asset management projects. CEO Hiren Hasmukh pointed out that CFOs often view IT as a cost center rather than a strategic partner. One client's IT asset disposition project covered nine offices, processed 4,322 laptops, generated $809,850 in revenue, and sustainably recovered 35,000 pounds of electronic waste.
Revelwood Partners with GENCFO to Accelerate Digital Transformation in Finance Departments
Revelwood and GENCFO announced their collaboration on August 14, 2025, to jointly host virtual and live events that foster innovative dialogue in finance and accounting, supporting the shift of finance departments from traditional functions to strategic roles.
Yooz Launches Lean Financial Operations™ Framework to Help CFOs Eliminate Waste, Combat Fraud, and Accelerate Growth
Yooz introduces Lean Financial Operations™, a CFO-first framework combining AI document intelligence, workflow automation, and security to cut costs, fight fraud, and boost agility. Early adopters report over 90% error reduction.
InfraSight Appoints Charles Portz as Chairman and Chief Financial Officer, Exits Stealth Mode with Compute Risk Management Platform
InfraSight Software Corporation announced on August 21, 2025, the appointment of Charles Portz as Chairman and Chief Financial Officer. Portz, who joined the company's board earlier this year, will succeed co-founder and CEO Tim Martin as Chairman. The company also launched its compute risk management platform and disclosed its patent-protected Workload Compute Unit (WCU) metric.
WRI Research: Only 12% of Companies Set Support Goals for Workers in Supply Chains
The World Resources Institute (WRI) released new research analyzing over 1,000 supply chain goals from nearly 700 of the world's largest companies, finding that only 12% of companies have at least one goal focused on 'people,' and 3% commit to improving working conditions or investing in worker skills. The research warns that ignoring the needs of billions of workers in supply chains will jeopardize the achievement of corporate sustainability goals, supply chain stability, and reputation.