Working capital management

Chaser Introduces Payment Plan Options to Allow Users to Add and Chase Instalments for Unpaid Invoices

Retrieved on: 
Wednesday, June 2, 2021
Business, Invoice, Articles, Economy, Accounts receivable, Working capital management, Web applications, Accounts payable

With Chaser's new payment plan feature, users can give their customers the chance to break up their invoices into smaller, easier-to-manage instalments.

Key Points: 
  • With Chaser's new payment plan feature, users can give their customers the chance to break up their invoices into smaller, easier-to-manage instalments.
  • The payment frequency of the payment plan can be weekly, bi-weekly, monthly, and yearly and it will determine the due dates for each instalment.
  • After users have added a payment plan to an invoice, a 'Payment Plan' tab will appear on the invoice page where they can view the details for that specific plan.
  • To date, Chaser has helped users chase over 3 billion in overdue invoices.

MerchantE Offers E-Invoicing Service to Empower Growing Businesses

Retrieved on: 
Wednesday, June 2, 2021
Accounting, Business, Articles, Invoice, Receipt, Accounting software, Web applications, Accounts receivable, Working capital management, Electronic invoicing, Accounts payable

The new service allows users to create and send electronic invoices (e-invoices) conveniently and securely and provides online payment alternatives for their customers.

Key Points: 
  • The new service allows users to create and send electronic invoices (e-invoices) conveniently and securely and provides online payment alternatives for their customers.
  • "MerchantE Invoice accelerates receipt of funds by creating a more nimble invoicing process and simplifying the payment process for customers.
  • Faster payments mean improved cash flow, which is essential for growing businesses."
  • MerchantE provides a financial technology platform that drives digital commerce and supports the money management needs of growing businesses.

Symphony RetailAI Named as a Representative Vendor in the 2021 Gartner Market Guide for Retail Store Inventory Management Applications

Retrieved on: 
Thursday, May 27, 2021
Supply chain management, Working capital management, Business process management, Management, Supply chain, Inventory, Field inventory management, Vendor

DALLAS, May 27, 2021 (GLOBE NEWSWIRE) -- Symphony RetailAI , a leading global provider of integrated AI-powered marketing, merchandising and supply chain solutions for FMCG retailers and manufacturers,today announced that it was recognized as a Representative Vendor in 2021 Gartner Market Guide for Retail Store Inventory Management Applications [1] (Gartner subscription required).

Key Points: 
  • DALLAS, May 27, 2021 (GLOBE NEWSWIRE) -- Symphony RetailAI , a leading global provider of integrated AI-powered marketing, merchandising and supply chain solutions for FMCG retailers and manufacturers,today announced that it was recognized as a Representative Vendor in 2021 Gartner Market Guide for Retail Store Inventory Management Applications [1] (Gartner subscription required).
  • Symphony RetailAI is one of 13 vendors named in the report that provide all major components described in the research.
  • This will, in turn, enable creation of tailored market assortments and forward deployment of inventory to stores based on localized market needs.
  • [1]
    Symphony RetailAIs GOLD Supply Chain Optimization Suite is comprised of Supply Chain Insights, Inventory Management, Order Fulfillment, Distributed Order Management, Click and Collect, and Master Data Management.

Buyer Consortium Comments on Recent Financial and Operational Information Released by Hollysys Automation Technologies

Retrieved on: 
Wednesday, May 26, 2021
Rail, Other Energy, Transport, Manufacturing, Energy, Other Manufacturing, Accounting, Business, Accounts payable, Liability, Accounts receivable, Operating cash flow, Economy, Working capital management

This rapid and substantial deterioration in net operating cash flow reflects the Companys poor contract quality and fulfillment capabilities, and its ineffective management of accounts receivable and payable.

Key Points: 
  • This rapid and substantial deterioration in net operating cash flow reflects the Companys poor contract quality and fulfillment capabilities, and its ineffective management of accounts receivable and payable.
  • Revenue for the quarter ended March 31, 2021 was $109.9 million, representing a 12% decrease from $125.2 million for the comparable pre-pandemic period in 2019.
  • According to S&P Capital IQ, the gross margin for Rail Transportation for the fiscal year 2020 was 47%, compared to 36% for Industrial Automation.
  • With the Companys condition worsening quarter by quarter, the board is presented with ever increasing urgency to act on the Proposal immediately.

Tecsys Named a Representative Vendor in 2021 Gartner Market Guide for Retail Store Inventory Management

Retrieved on: 
Tuesday, May 25, 2021
Inventory, E-commerce, Supply chain management, Marketing, Omnichannel, Field inventory management, Working capital management, Economy

MONTREAL, May 25, 2021 /PRNewswire/ --Tecsys Inc. (TSX: TCS), an industry-leading supply chain management and omnichannel commerce software company, is pleased to announce that it was recognized as a Representative Vendor in 2021 Gartner Market Guide for Retail Store Inventory Management Applications 1(Gartner subscription required).

Key Points: 
  • MONTREAL, May 25, 2021 /PRNewswire/ --Tecsys Inc. (TSX: TCS), an industry-leading supply chain management and omnichannel commerce software company, is pleased to announce that it was recognized as a Representative Vendor in 2021 Gartner Market Guide for Retail Store Inventory Management Applications 1(Gartner subscription required).
  • According to Gartner, "Store inventory is at the heart of ongoing pandemic-induced retail digital acceleration in unified commerce execution."
  • We believe that our inclusion as a Representative Vendor in this Gartner's Market Guide for Retail Store Inventory Management is testament to our ability to equip retailers with these critical unified commerce competencies."
  • 1Gartner, "Market Guide for Retail Store Inventory Management Applications," by Sandeep Unni, 3 May 2021.

Porter Freight Funding Partners with Leading USDOT & FMCSA Compliance Agency (US Compliance Services)

Retrieved on: 
Friday, May 14, 2021
Working capital management, Corporate finance, Accounts receivable, Freight transport, Factoring, Fundamental analysis, Economy, Finance, Money, Cargo, DAT Solutions

b'BIRMINGHAM, Ala., May 14, 2021 /PRNewswire/ -- Freight factoring company, Porter Freight Funding, has announced a partnership with America\'s leading provider of transportation compliance and operating authority services, US Compliance Services.

Key Points: 
  • b'BIRMINGHAM, Ala., May 14, 2021 /PRNewswire/ -- Freight factoring company, Porter Freight Funding, has announced a partnership with America\'s leading provider of transportation compliance and operating authority services, US Compliance Services.
  • This partnership with US Compliance Services allows us to bridge the gap between obtaining authority and factoring for new drivers.
  • US Compliance Services now offers fuel cards and factoring services through Porter Freight Funding.
  • Porter Freight specializes in funding solutions for the transportation industry through capital freight factoring.\n'

Alliance Creative Group (ACGX) Reports Total Revenue of $2,613,997 for First Quarter of 2021 with Net Income of $256,799

Retrieved on: 
Friday, May 14, 2021
Communication, Forward-looking statement, Option, Inventory, Articles, Working capital management, Business

We will continue to evaluate all our options and ideas to hopefully maintain and improve the positive progress for 2021 and beyond.

Key Points: 
  • We will continue to evaluate all our options and ideas to hopefully maintain and improve the positive progress for 2021 and beyond.
  • "\nAlliance Creative Group, Inc. (Stock Symbol: ACGX) is a Packaging Solutions Company focused on Retail Packaging and Packaging Management.ACG helps its clients from initial concept and packaging development through final production and managed inventory solutions.
  • Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts.
  • In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.\n'

Global Finance Names PrimeRevenue an Outstanding Innovator in Trade Finance

Retrieved on: 
Wednesday, May 12, 2021
Microsoft, Economy, Software, Corporate finance, Supply chain finance, Supply chain management, Working capital management, LinkedIn, Twitter

b'ATLANTA, May 12, 2021 /PRNewswire/ -- PrimeRevenue, Inc. , the leading platform for working capital finance solutions, has been recognized in the Outstanding Innovations in Trade Finance category of The Innovators 2021 awards from Global Finance.

Key Points: 
  • b'ATLANTA, May 12, 2021 /PRNewswire/ -- PrimeRevenue, Inc. , the leading platform for working capital finance solutions, has been recognized in the Outstanding Innovations in Trade Finance category of The Innovators 2021 awards from Global Finance.
  • We are proud to bring our clients this innovative experience that designs, executes, and measures best-in-class supply chain finance programs.
  • "\nDuring program design, PrimeRevenue provides all clients with a customized Working Capital Analysis to determine optimal payment terms, target suppliers, and more.
  • Additional information about PrimeRevenue can be found at www.primerevenue.com | Twitter: @primerevenue | LinkedIn: www.linkedin.com/company/primerevenue .\nView original content to download multimedia: http://www.prnewswire.com/news-releases/global-finance-names-primerevenu...\n'

APG Adopts Industry Standard Protocols for In-Lane Cash Weighment

Retrieved on: 
Wednesday, May 12, 2021
Trade, Money, Economy, Payment systems, Cash, Working capital management, Point of sale, Cash register, Cash management

It\'s another successful key milestone in our company\'s long-term global cash management strategy, but more importantly a great opportunity for our customers to straightforwardly implement APG\'s SMARTtill technology with their POS applications.

Key Points: 
  • It\'s another successful key milestone in our company\'s long-term global cash management strategy, but more importantly a great opportunity for our customers to straightforwardly implement APG\'s SMARTtill technology with their POS applications.
  • "Using a \'write once, implement many\' philosophy for base-line functionality and connectivity, suppliers can focus on innovation and other differentiating factors.The specification created by the Intelligent Cash Drawer working group, chaired by APG Cash Management Solutions, is no exception.
  • "\nAPG\'s SMARTtill Solution is a revolution in cash management, enabling retailers to reduce cash losses, reduce the cost of cash handling, and improve in-store productivity.
  • It is a leading manufacturer of high-quality cash management , parts and accessories, and integration systems at the point of sale.

Customers Bank Ramps Up National Expansion

Retrieved on: 
Tuesday, May 11, 2021
Small business, Banking, Professional services, Finance, Finance, Financial services, Money, Banking, Cash flow, Cash management, Financial management, Working capital management, Ocean Bank, Bank, PacWest Bancorp, Radius Bank

b'Customers Bank, a digital forward financial institution with approximately $18.8 billion in assets that provides exceptional banking experiences to consumer and commercial clients, is building upon its national recognition for providing innovative banking products and services to commercial clients to advance its national expansion.

Key Points: 
  • b'Customers Bank, a digital forward financial institution with approximately $18.8 billion in assets that provides exceptional banking experiences to consumer and commercial clients, is building upon its national recognition for providing innovative banking products and services to commercial clients to advance its national expansion.
  • Buck will rely on the extensive relationships he has built within the region throughout his 20-year career working for regional and community banking institutions.
  • The bank also offers wire transfers, electronic bill payment, lockbox, remote deposit capture, courier services, merchant processing, cash vault, controlled disbursements, positive pay services and more.
  • The cash management services include account reconciliation, collections and sweep accounts.\nTo learn more about Customers Bank and its products and services, visit www.customersbank.com .\nCustomers Bank, a subsidiary of Customers Bancorp, Inc. (NYSE:CUBI) a bank holding company, is a full-service super-community bank with assets of approximately $18.8 billion at March 31, 2021.