Supply chain finance

The 3rd Asia Digital Talent Summit 2022

Retrieved on: 
Monday, August 8, 2022

- Panel Discussion: What Can Organizations Do to Narrow the Digital Talent Gap?

Key Points: 
  • - Panel Discussion: What Can Organizations Do to Narrow the Digital Talent Gap?
  • We have served more than half of the Fortune 2000 companies and with 6000+ executives and delegates from top-notch corporations take part in our events each year.
  • Help enterprise decision-makers meet challenges, seize opportunities and achieve efficient development and create more value.
  • Official website of the Summit: www.ecvinternational.com/AsiaDigitalTalent/

PrimeRevenue Congratulates Customers Genuine Parts Company and Boston Scientific on their 2022 Alexander Hamilton Award Wins

Retrieved on: 
Wednesday, June 29, 2022

ATLANTA, June 29, 2022 /PRNewswire/ -- PrimeRevenue, Inc. the leading platform for working capital finance solutions, announces that two of its customers, Genuine Parts Company (GPC) and Boston Scientific have been awarded in the Working Capital and Payments category of the prestigious 2022 Alexander Hamilton Awards.

Key Points: 
  • the leading platform for working capital finance solutions, announces that two of its customers, Genuine Parts Company (GPC) and Boston Scientific have been awarded in the Working Capital and Payments category of the prestigious 2022 Alexander Hamilton Awards .
  • Genuine Parts Company (GPC), a global service organization engaged in the distribution of automotive and industrial replacement parts, received the Gold Award for the project on "How to Improve Financial Position and Supplier Health."
  • "In partnership with PrimeRevenue, GPC's supply chain finance strategy has delivered substantial working capital improvements driving strong operating cash flow.
  • Founded in 1928, Genuine Parts Company is a global service organization engaged in the distribution of automotive and industrial replacement parts.

Omni and J.P. Morgan Announce Strategic Alliance to Deploy Working Capital Solutions in Latin America

Retrieved on: 
Thursday, June 2, 2022

Omni, the data-driven fintech focused on providing small and medium enterprises with working capital solutions in Latin America, today announced a strategic alliance with J.P. Morgan.

Key Points: 
  • Omni, the data-driven fintech focused on providing small and medium enterprises with working capital solutions in Latin America, today announced a strategic alliance with J.P. Morgan.
  • Through a 150-year presence within Latin America, J.P. Morgan continues to invest in the future of Latin America, capitalizing on deep local expertise and regional footprint.
  • The strategic alliance accelerates J.P. Morgans market share in key Latin America countries, leveraging Omnis current offering, as well as increasing market share within the region.
  • Omni provides data-driven working capital financing solutions for large buyers, middle-market companies and small and medium enterprises.

Legend Biotech Appoints Lori Macomber as Chief Financial Officer

Retrieved on: 
Monday, May 9, 2022

Legend Biotech Corporation (NASDAQ: LEGN) (Legend Biotech), a global biotechnology company developing, manufacturing and commercializing novel therapies to treat life-threatening diseases, today announced the promotion of Lori Macomber, CPA, to Chief Financial Officer (CFO), effective immediately.

Key Points: 
  • Legend Biotech Corporation (NASDAQ: LEGN) (Legend Biotech), a global biotechnology company developing, manufacturing and commercializing novel therapies to treat life-threatening diseases, today announced the promotion of Lori Macomber, CPA, to Chief Financial Officer (CFO), effective immediately.
  • Ms. Macomber assumes the role from Dr. Ying Huang, who has been both CFO and Chief Executive Officer (CEO) since September 2020.
  • Lori is a highly valued leader and strategic thought partner that has been instrumental in building the companys finance organization, said Ying Huang, Ph.D., Chief Executive Officer of Legend Biotech.
  • As CFO, Ms. Macomber will lead the companys financial operations and retain her responsibilities as the companys principal financial and accounting officer.

Verano Announces 2021 Fourth Quarter and Full Year U.S. GAAP Financial Results

Retrieved on: 
Wednesday, April 27, 2022

For comparisons, financial results for the full year 2020 referenced in this news release are also based on U.S. GAAP.

Key Points: 
  • For comparisons, financial results for the full year 2020 referenced in this news release are also based on U.S. GAAP.
  • The 2021 fourth quarter financial results are for the three months ended December 31, 2021 and were prepared in accordance with U.S. GAAP.
  • Verano implemented U.S. GAAP reporting in the fourth quarter of 2021 in anticipation of filing the U.S.
  • Management believes that this non-GAAP financial information is useful as a supplement to comparable U.S. GAAP financial information.

HF Foods Appoints Felix Lin as Chief Operating Officer

Retrieved on: 
Wednesday, April 20, 2022

LAS VEGAS, April 20, 2022 (GLOBE NEWSWIRE) -- HF Foods Group, Inc. (NASDAQ: HFFG), a leading food distributor to Asian restaurants across the United States (HF Foods or the Company), is pleased to announce the appointment of Mr. Xi Lin (aka Felix Lin) as Chief Operating Officer of the Company, effective May 1, 2022.

Key Points: 
  • LAS VEGAS, April 20, 2022 (GLOBE NEWSWIRE) -- HF Foods Group, Inc. (NASDAQ: HFFG), a leading food distributor to Asian restaurants across the United States (HF Foods or the Company), is pleased to announce the appointment of Mr. Xi Lin (aka Felix Lin) as Chief Operating Officer of the Company, effective May 1, 2022.
  • Mr. Lin has had a very successful and diverse career prior to joining HF Foods.
  • Mr. Russell Libby, Chairman of the HF Foods Board of Directors, added: Felix is a very valuable member of our Board of Directors.
  • With distribution centers strategically located throughout the nation, HF Foods aims to supply the increasing demand for Asian American restaurant cuisine.

Profectus Capital Goes Live With Scienaptic’s AI-Powered Credit Decisioning Platform

Retrieved on: 
Monday, April 18, 2022

Scienaptic AI , a leading global AI-powered credit decision platform provider, announced today that Profectus Capital is now live on its platform.

Key Points: 
  • Scienaptic AI , a leading global AI-powered credit decision platform provider, announced today that Profectus Capital is now live on its platform.
  • Established in 2017, Profectus Capital is a systematically important non-banking financial company registered with the Reserve Bank of India and headquartered in Mumbai, India.
  • With Scienaptic AI, Profectus aims to strengthen its credit decisioning processes and enhance credit availability to underserved MSMEs.
  • Over 150 years of credit experience is embedded in Scienaptic's AI native credit decision platform.

Geopolitics and Global Inflation Put Business Spend in the Spotlight

Retrieved on: 
Tuesday, April 5, 2022

LAS VEGAS, April 5, 2022 /PRNewswire/ -- Coupa Software (NASDAQ: COUP), a leader in Business Spend Management (BSM), today launched an array of new innovations to enable companies to respond to macroeconomic challenges more quickly and effectively.

Key Points: 
  • They're using BSM to break old bonds and reach entirely new levels of success, becoming more profitable and purposeful through their business spend," Bernshteyn added.
  • The Coupa BSM platform, recently topping $3.3 trillion in cumulative spend under management across more than eight million suppliers and 2,500 global customers, is launching new solutions to help them spend smarter.
  • Coupa is the cloud-based Business Spend Management (BSM) platform that unifies processes across supply chain, procurement, and finance functions.
  • Coupa empowers organizations around the world to maximize value and operationalize purpose through their business spend.

Food Gift Retailer Hickory Farms Names New CEO & CFO

Retrieved on: 
Tuesday, March 8, 2022

CHICAGO, March 08, 2022 (GLOBE NEWSWIRE) -- America’s Favorite Food Gift Retailer, Hickory Farms, announced today that Judy Ransford has been named the company’s new Chief Executive Officer and Harlan Kowitt the company’s Chief Financial Officer.

Key Points: 
  • CHICAGO, March 08, 2022 (GLOBE NEWSWIRE) -- Americas Favorite Food Gift Retailer, Hickory Farms, announced today that Judy Ransford has been named the companys new Chief Executive Officer and Harlan Kowitt the companys Chief Financial Officer.
  • During Ransfords tenure at Hickory Farms, she has been instrumental in the companys transformation to a more modern, digital brand.
  • Prior to Hickory Farms, Ransford founded the ecommerce fashion brand 5 Junes in 2015, a site established to fill a gap in the apparel market for tween girls.
  • In her new role as CEO, Ransford aims to continue growing the companys presence as an omni-channel retailer as well as maintain Hickory Farms strength in wholesale channels.

Fintech Company Quartix raises $20M Funding to democratize Supply Chain Finance and unlock efficient capital to middle-market industrial companies

Retrieved on: 
Thursday, January 13, 2022

Covid-19 significantly boosted demand for this flexibility among manufacturers and distributors due to pressured corporate cash flows and supply chains.

Key Points: 
  • Covid-19 significantly boosted demand for this flexibility among manufacturers and distributors due to pressured corporate cash flows and supply chains.
  • Quartix makes this a win-win allowing procurement professionals to improve vendor relations, support key vendors, reduce vendor friction and avoid supply disruptions.
  • By unlocking digital real-time products to middle-market clients, Quartix democratizes Supply Chain Finance and levels the playing field, thereby allowing smaller companies to better compete with Fortune 1000 giants.
  • By catering to industrial supply chains, Quartix gains data and scale advantages that will enable it to become a Fintech leader in the underserved middle-market segment.