Press Releases
Andersen Completes Finance-Specific Testing Project for Web Trader, Boosting Release Quality by 48%
Andersen, a software firm with over 480 engineers and a 4.9/5 Clutch rating, has successfully executed an eight-month testing project for a web trader in the international currency market. The project, aimed at enhancing online trading services, resulted in a 48% improvement in release quality, reduced defects, and optimized performance through load testing and automation.
Survey shows 64% of CFOs worry about rising risk of customer bankruptcies
Allianz Trade released a new report in North America, based on a survey of 150 financial executives, revealing the current state of credit management among B2B companies in an uncertain economic environment. The report shows that 60% of CFOs expect a recession in the next 6-12 months, 64% are worried about customer bankruptcies, but the usage rate of trade credit insurance is only 37%.
Former Gartner Supply Chain Analyst Amber Salley Joins GAINS Executive Team
On October 10, 2023, GAINS announced that Amber Salley, former Senior Research Director of Gartner's Supply Chain Practice, has joined the company as Vice President of Industry Solutions. She will leverage the GAINS Performance Optimization Platform to help enterprises enhance supply chain resilience, decision orientation, and performance.
ON Partners Data Reveals Rising Importance of CFO Role, Driving Compensation Growth
Data from ON Partners indicates that the CFO role has shown notable growth in both diverse hiring and compensation, reflecting the increasingly central position of this role in corporate management.
Expion Health Announces Innovative Partnership with Mark Cuban Cost Plus Drug Company to Enhance Pharmacy Cost Management
Expion Health and Mark Cuban Cost Plus Drug Company, PBC announced an innovative partnership on November 27, 2023, aimed at enhancing pharmacy cost management capabilities by integrating Cost Plus Drugs' transparent pricing model to tackle the ongoing increase in specialty drug expenses.
energyRe Completes $1.2 Billion Financing to Accelerate U.S. Clean Energy Transition
On December 5, 2023, energyRe announced the completion of a $1.2 billion capital raise to support the expansion of its portfolio of large-scale renewable energy projects. Investors include Glentra Capital, Novo Holdings, and Danish pension fund PKA, and an agreement was reached with Elia Group, which will acquire an equity stake in energyRe's subsidiary energyRe Giga.
CorroHealth Launches PULSE: A New Generation AI-Driven Medical Coding Automation Platform
On December 6, 2023, CorroHealth released PULSE, a medical coding automation SaaS product based on large language models and deep learning, claiming to achieve 100% automation, 97% coding accuracy, and a 5 to 7-fold increase in productivity.
Corscale Accelerates Data Center Construction with Doxel AI, Building AI Infrastructure with AI
Corscale announced the adoption of Doxel's AI-automated construction progress tracking technology for its upcoming data center projects, aiming to accelerate construction schedules, reduce waste, and meet the growing demand for data centers driven by artificial intelligence (AI) applications.
CloudBolt Launches Next-Generation Enhanced FinOps Capabilities to Help Enterprises More Efficiently Solve Cloud ROI Challenges
CloudBolt Software announced that it will launch a series of Augmented FinOps capabilities in 2024, leveraging AI/ML and orchestration technologies to cover the entire lifecycle of cloud resources, aiming to address the shortcomings of traditional FinOps that only performs retrospective analysis and help enterprises maximize cloud ROI.
Addressing Climate Change: Urgent Skill Development for Finance Professionals
As the urgency of the net-zero transition intensifies, the A4S survey found that fewer than half of the CFOs surveyed believe their finance teams have the skills to support sustainability. The A4S Academy is now open for applications, aiming to fill this gap. 98% of past participants said they felt more capable of driving change after participating.