Press Releases
RELEX and Legion Form Strategic Partnership to Deliver First-Class ROI for Retailers
RELEX Solutions and Legion Technologies announced a strategic partnership on January 11, 2023, aimed at integrating supply chain planning and workforce management technologies to provide retailers with more accurate demand forecasting, optimized scheduling, and real-time data sharing, thereby improving overall operational efficiency and return on investment. The two companies will showcase the results of their collaboration at NRF 2023.
CFO.com Survey: CFOs and Corporate Executives Cautiously Optimistic Amid 2023 Economic Risks
The latest survey released by CFO.com shows that CFOs and corporate executives are generally cautiously optimistic in the face of potential economic recession risks in 2023. The survey, covering 500 financial and non-financial executives, found that although 99% of respondents expect budget cuts, most still anticipate moderate growth. Meanwhile, employee morale issues are prominent, with 78% of CFOs and 59% of non-financial executives believing that the "quiet quitting" phenomenon affects companies, and 50% of managers are actively seeking new jobs.
B Lab Global Appoints Clay Brown and Anand Sankaran to Key Executive Roles
B Lab Global announced two new executive appointments on February 16, 2023: Clay Brown as Head of Standards, Certification, and Product Delivery, and Anand Sankaran as Head of Finance and Administration. Both bring extensive industry experience and will report directly to Chief Executive Eleanor Allen.
Global Survey: Over 90% of Accounting and Auditing Firms Face Talent Shortage Challenges
A survey of more than 6,000 accountants and auditors worldwide by Caseware International reveals that talent shortage has become the fastest-growing challenge in the accounting and auditing industry. Over 90% of respondents said it is difficult to recruit skilled talent, and more than 85% believe retaining talent is not easy. The report also notes that the industry is responding to these challenges and enhancing client collaboration by accelerating the adoption of tools such as cloud technology and data analytics.
Four Priorities on the 2023 CFO Agenda: FTI Consulting Global Survey Reveals
A global survey jointly released by FTI Consulting and CFO Dive shows that the 2023 CFO agenda focuses on four key priorities: streamlining operations, upgrading financial systems and data insights, focusing on talent and supporting technology, and strengthening ESG reporting and controls. Based on feedback from 304 senior finance executives, the survey reveals that inflation (77.3%) and cost of capital (76.7%) are the primary risk factors, while companies also face challenges such as data access and forecast accuracy.
Moneypenny Launches Insolvency Support Line to Help Firms "Cut the Noise" During Process | CFO Dive
Outsourced communications provider Moneypenny has launched an Insolvency Support Line designed to handle the surge of calls from suppliers and customers following administrative announcements such as restructurings. The service aims to reduce disruptions for in-house teams, with an average small business insolvency generating 50-60 calls in the first two weeks, and high-profile cases receiving hundreds. Available in six and 12-month contracts, the line can be set up in 48 hours.
Centime Cash Management Suite Receives NetSuite 'Built for NetSuite' Certification
Cash management solution provider Centime announced on March 14, 2023, that its SuiteApp, built on the Oracle NetSuite SuiteCloud platform, has received 'Built for NetSuite' certification. The application is designed to enhance cash flow forecasting, optimize accounts payable/receivable processes, and provide working capital credit lines of up to $250,000.
InfraSight Partners with SecureIT to Help Enterprises Navigate Cloud Cost Uncertainty and Risk
InfraSight Software Corporation and SecureIT Consulting Group, Inc. announced the signing of a joint initiative agreement on March 23, 2023. The two parties will combine their strengths in software, data science, and professional services to help enterprises unify fragmented IT and financial data, enhance cloud cost visibility, and strengthen risk governance. According to forecasts from institutions such as Gartner, cloud spending is expected to grow by another 20% in 2023, and this collaboration aims to provide executives with clearer decision-making foundations.
Legion Technologies Workforce Management Platform Receives Two More Industry Honors
Legion Technologies has received two industry recognitions for its Legion WFM platform: first, the Artificial Intelligence Excellence Award in the Automated Planning and Scheduling category from the Business Intelligence Group, and second, a place on the CB Insights 2023 Retail Tech 100 list in the Hourly Workforce Tools and Management category. CEO Sanish Mondkar stated that these honors affirm the critical role of AI and intelligent automation in workforce management.
TimeForge Announces Integration Partnership with Rain to Provide On-Demand Pay for Restaurant and Retail Industries
TimeForge, an AI-driven labor management software provider for the restaurant and retail industries, announced an integration partnership with Rain. Rain's on-demand payment solution allows businesses to provide employees with instant access to earned wages at zero cost. This collaboration aims to help employers address current labor market challenges by enhancing employee financial well-being.