Cash flow stories
Amidst surging inflation in Australia, manufacturers can use real-time data and ERP systems to shape fluid, effective business strategies.
Aeeris, a leading risk assessment company, demonstrated solid financials in Q2 FY24, highlighting a $2.25m cash reserve, no debt, and rising revenue from new and recurring sources, largely led by its Hail product suite.
RSM Australia study reveals a bolstering confidence in growth prospects for the country's agtech sector despite challenges.
Inflation leads to Australian firms postponing tech investments as 90% grapple with deteriorating cash flows, says Endava study.
Kyriba's Q4 2023 report highlights a $95bn total currency impact on revenues of 1700 public North American and European companies.
GoCardless and Intuit QuickBooks launch an integration for Australian SMBs to enable automatic collection and reconciliation of payments.
Australia's SMEs foresee a drop in turnover by year-end, while Prospa and Xero partner to ease financial administrative tasks for these businesses.
Celonis and Sailfin Technologies unveil AI-driven suite to optimise AR operations, promising enhanced cash flow, greater productivity, and potential million-dollar savings.
Sage introduces 'Sage Copilot', an AI-powered virtual assistant aimed at revolutionising productivity and amplifying growth for SMEs in the finance sector.
MYOB expands partnership with global financial platform Stripe to streamline invoice payment and ease cash flow difficulties for Australian and New Zealand businesses.
Strong Q2 results and record 1H24 earnings put archTIS Limited, a secure data collaboration software firm, en route to achieving imminent revenue expansion and nearing cash flow positivity.
Empowering credit control teams with automation technology and a proactive involvement in strategy could fuel profitable growth for businesses in 2024, despite a gloomy economic outlook.
Singaporean fintech startup Qashier releases QashierPay Soundbox, a groundbreaking QR payment terminal that promises safer digital transactions and hastens the digitisation of payments.
Hokodo, London's European digital payment terms provider, secures GBP £100m debt facility from global investor Viola Credit to support over GBP £1.5bn in B2B transactions across Europe.
Ecommpay expands market reach in the UK and Europe, forecasting a 44% growth, by integrating Bacs and SEPA Direct Debit capabilities via GoCardless, enriching their payment suite for FinTech and eCommerce merchants.
Economic stress leads 81% of NZ's SMEs to express concern over securing funds, forcing them to explore alternative finance methods.
Prospa, a fintech firm, unveils special EOFY offer providing business loans with no interest or repayments for four weeks, aimed at offering much-needed relief to SMEs facing ongoing supply chain and labour cost issues.
Mangopay and Storfund have joined forces to revolutionise cash flow for businesses operating on online marketplaces, allowing instant payment.
79% of SMEs are adopting remote work for significant cost cuts, despite risks to cybersecurity and strain on funding, reveals a new study.
Quadient partners with cloud-accounting software provider Xero to streamline and enhance accounting processes for SMEs in the UK and North America.