Press Releases
AICPA and U.S. Department of Labor Launch Registered Apprenticeship Program in Finance and Accounting
On November 14, 2022, the AICPA and the U.S. Department of Labor announced in Chicago that Liberty Bank, Aon, and HP became the first signatory employers of the "Registered Apprenticeship Program for Finance Business Partners." This program is the nation's first registered apprenticeship initiative targeting the accounting and finance fields, designed to help employers cultivate, retain, and diversify talent. Upon completion, apprentices can earn the CGMA credential and Department of Labor certification.
PowerPlan Launches Tax Fixed Assets (TFA) Solution to Drive Compliance and Cloud Transformation in the Energy Industry
PowerPlan, Inc. announced on December 7, 2022, the official release of its latest SaaS product, Tax Fixed Assets (TFA), a solution tailored for the utility and energy industries, designed to meet stringent regulatory reporting and business planning needs. TFA offers a modern user experience, streamlined workflows, data validation, and key insights, and supports seamless integration with PowerPlan's asset and project accounting systems.
Mesh Payments Expands QuickBooks Integration to Enhance Control and Automation in Enterprise Spend Management
Mesh Payments announced on December 6, 2022, the expansion of its integration with QuickBooks by Intuit, providing advanced features for growing and mid-market enterprises, including automatic coding of 98% of transactions, multi-entity synchronization, and accelerated monthly closing. The integration will be showcased at the QuickBooks Connect conference held from December 7 to 9 in Las Vegas.
FORVIS Launches TALENT SHIFT Platform to Connect with Gig Economy Talent
FORVIS announced the launch of TALENT SHIFT on December 15, 2022, a gig talent marketplace for the accounting, tax, and consulting fields, designed to connect professionals with fixed-term project opportunities. TALENT SHIFT is a wholly-owned subsidiary of FORVIS, and its team members enjoy benefits and can participate in the company's internal community. This move comes just six months after FORVIS was formed through the merger of BKD and DHG.
Vestigo Ventures Backs SaaSWorks to Give Finance Teams a Continuous, Single Source of Revenue Truth
Vestigo Ventures has invested in SaaSWorks, a startup founded by veterans of HubSpot and Goldman Sachs, to help finance teams overcome data fragmentation and achieve a continuous, single source of revenue truth. The $6M seed round was led by Vestigo Ventures with participation from existing investors, including Conversion Venture Capital. SaaSWorks' flagship product, RevWorks, unifies and enriches CRM, billing, and transactional data to deliver audit-quality revenue insights.
GTreasury and PNC Bank Jointly Release CFO Focus Survey Report
The survey report jointly released by GTreasury and PNC Bank shows that 85% of CFOs and treasurers expect significant or moderate company growth from the end of 2022 to 2023, but 49% of respondents rank cost efficiency as their top strategic priority. The report also notes that 58% of companies have not yet established formal digital transformation plans, and 70% of treasury teams manage more than five subsidiaries with teams of no more than five people.
CFO Survey: Positive Cash Visibility Tempered by Demand for Deeper Integration
A new survey by Bottomline Technologies, conducted with Industry Dive, reveals that while 90% of CFOs rate their cash visibility as excellent or good, they seek better integration, real-time data access, and cloud adoption to close transparency gaps.
PowerPlan Launches Data Hub API to Enhance Data Analysis Flexibility and Control for Energy Enterprises
PowerPlan launched Data Hub, a suite of SaaS APIs designed for energy and utility companies, aimed at simplifying data access, improving analytical efficiency, and being compatible with both on-premises and cloud environments.
Mintec Merges with Urner Barry to Create Market-Leading Price Reporting Agency and Data Services Provider
On January 10, 2023, Mintec announced the acquisition of AgriBriefing, which owns brands including Urner Barry, Strategie Grains, FeedInfo, and Tropical Research Services. This merger will create the world's largest agri-food price reporting agency (PRA) and data provider, covering 650 commodities and 21,000 time series, serving more than 5,000 clients across over 50 countries.
Traceable AI Responds to FFIEC's Latest Compliance Guidelines, Strengthening API Security for Financial Institutions
On January 10, 2023, Traceable AI announced it will help FDIC-insured financial institutions meet the FFIEC's latest cybersecurity compliance requirements. The FFIEC updated its guidelines in October 2022, explicitly listing APIs as an independent attack surface and requiring financial institutions to inventory and conduct risk assessments of APIs. Traceable provides features such as API discovery, risk scoring, sensitive data flow monitoring, and automated consistency scanning, and supports on-premises, SaaS, or cloud deployment.