Press Releases
Basware upgrades analytics platform with GenAI, providing CFOs with new insight tools
On October 29, 2024, Basware announced the launch of Basware Insights, integrating GenAI technology into its analytics platform. The tool offers natural language querying, real-time data analysis, and key metric monitoring features such as the CFO Cockpit, aiming to address reporting and visibility challenges faced by finance teams in accounts payable processes.
Pharmaceutical executive Taggart McGurrin joins Life Sciences 360 podcast to discuss innovations in pain management
Senior pharmaceutical industry executive Taggart McGurrin recently appeared on the Life Sciences 360 podcast to share his innovative ideas and industry insights in the field of non-addictive pain management.
Legion Technologies Deepens Partnership with Vail Resorts, Expanding Workforce Management to 37 Resorts in the U.S. and Canada
On November 19, 2024, Legion Technologies announced that it has expanded its partnership with Vail Resorts to all 37 of its resorts in the U.S. and Canada. The Legion WFM platform, which was previously piloted successfully, is now deployed across all resorts, helping management schedule staff more efficiently to address complex mountain operations needs.
Cybrid Strengthens Stablecoin and Bitcoin Lightning Network Capabilities, Responding to Demand for Stable and Efficient Solutions in the Cross-Border Payment Market
Cybrid announces that its platform, supported by stablecoins and the Bitcoin Lightning Network, provides secure and efficient solutions for cross-border and domestic payments, in response to demand driven by the global cryptocurrency market value exceeding $3 trillion and changes in the U.S. regulatory environment.
Senior Commodity Analyst Kurush Mistry Supports Transformative Microfinance Initiative in East Africa
Senior commodity analyst Kurush Mistry announced support for a 16-year-old microfinance initiative in East Africa that provides collateral-free loans to rural women entrepreneurs, starting at just $50, and has helped create over 105,000 small businesses in Uganda, Tanzania, and Kenya. Mistry's contribution will be used to expand loan coverage, business training, and community development.
Celonis Appoints Benoit Fouilland as Chief Financial Officer to Drive Next Phase of Growth
Celonis, a global leader in process mining and process intelligence, announced on December 5, 2024, the appointment of Benoit Fouilland as Chief Financial Officer (CFO), effective December 1, 2024. Fouilland will join the executive management team and oversee the global finance organization and strategy to support Celonis's continued expansion in global growth, technological innovation, and market leadership.
2025 Document Automation Trends: Finance Executives Face a Choice Between Automation Potential and Operational Concerns
Rossum's "2025 Document Automation Trends" report, based on a survey of over 470 financial executives in the US, UK, and Germany, reveals a contradictory state in the financial automation field: despite the prevalence of advanced automation platforms, Excel remains the preferred tool for 58% of financial leaders; cost (32%) has become the biggest implementation barrier; 27% of respondents believe the risks of AI and automation outweigh the benefits; and 46% of financial leaders consider themselves or their departments to be "Luddites." The report also invites several industry experts to provide strategic insights.
Marco Provides $10M Asset-Based Lending Facility to US Pharma Distributor
Marco, a full-stack fintech company, announced it has funded a $10 million asset-based lending (ABL) revolving facility for a US pharmaceutical wholesaler. The financing, secured by accounts receivable and inventory, replaces a bank loan that had limited the company's growth. Barry Kastner, EVP & Senior Managing Director at Marco, led the transaction, which highlights Marco's commitment to supporting businesses of all sizes. The distributor's CFO praised Marco's efficient and professional process, while GVC Advisory Services, which advised the client, noted the facility will enable significant growth.
Bluprynt Partners with Avalanche Foundation to Revolutionize MiCA Whitepaper Requirements Through On-Chain Regulatory Metadata Integration
Bluprynt, in collaboration with the Avalanche Foundation, has launched an end-to-end system that enables crypto asset issuers and service providers to publish MiCA-compliant whitepapers and metadata on the Avalanche blockchain, achieving immutable storage and public access to regulatory data.
Staggs Capital Partners Founder Xavier Staggs Leads Landmark Healthcare Deal
Staggs Capital Partners announces the successful completion of an eight-figure milestone transaction in the healthcare sector, helping an innovative healthcare startup exit and enter the $23 billion wound care market.