Procurement

Euna Solutions Acquires EqualLevel, Bolstering Euna’s eProcurement Offering to Public Sector Organizations

Retrieved on: 
Thursday, February 8, 2024

The strategic move enhances Euna Solutions’ ability to deliver Procure-to-Pay automation to public sector agencies.

Key Points: 
  • The strategic move enhances Euna Solutions’ ability to deliver Procure-to-Pay automation to public sector agencies.
  • “We are excited to announce our acquisition of EqualLevel, a company that shares our passion for serving the public sector,” said Tom Amburgey, CEO of Euna Solutions.
  • The platform helps public sector organizations achieve financial success by optimizing spend and reducing costs, all while ensuring legal and contract compliance.
  • Euna Solutions is the ideal steward for our legacy.”
    Euna Procurement is a next-generation eProcurement solution purpose-built for the public sector and designed for smarter, faster sourcing.

Liquidity Services Announces First Quarter Fiscal Year 2024 Financial Results

Retrieved on: 
Thursday, February 8, 2024

BETHESDA, Md., Feb. 08, 2024 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ:LQDT; www.liquidityservices.com), a leading global commerce company powering the circular economy, today announced its financial results for the quarter ended December 31, 2023, as compared to the corresponding prior year quarter:

Key Points: 
  • Our fiscal second quarter 2024 guidance reflects sequential increases from our fiscal first quarter 2024 results, including an expected seasonal improvement for our RSCG segment during the post-holiday return season.
  • Our fiscal second quarter 2024 guidance range reflects the potential for a new quarterly record for GMV at the mid-point of our guidance range with normalized growth in our profitability metrics.
  • CAG enters the fiscal second quarter with a robust pipeline, including from several large projects delayed from this past fiscal first quarter, that should drive both sequential and year-over-year growth.
  • We expect our segment direct profits as a percentage of total revenues to increase year-over-year, while remaining a similar ratio as our fiscal first quarter 2024 results.

2024 Winter Fancy Food Show Showcases Over 1,000 Exhibitors, New Products and Trends to Watch

Retrieved on: 
Tuesday, February 6, 2024

"As expected, the show was well executed and extremely productive for us. We had the opportunity to sit with key partners as well as to meet new players in the specialty world. Plus, we loved the cheese-related presentations--very engaging and fun." – Zoe Brickley, Director of Communications & E-Commerce, Jasper Hill Farm

Key Points: 
  • "As the kick-off event of 2024, this year's Winter Fancy Food Show gave us so much to be excited about.
  • – Zoe Brickley, Director of Communications & E-Commerce, Jasper Hill Farm
    "The Fancy Food Shows are always the most productive shows we attend and the 2024 Winter show was the best one yet.
  • – Dina DiCenso, Co-Founder, RIND LLC
    "This year's Winter Fancy Food Show was an amazing showcase of the diversity and innovation in the specialty food space.
  • The next Fancy Food Shows are the 2024 Summer Fancy Food Show , June 23-25 in New York, and the 2025 Winter Fancy Food Show , January 19-21 in Las Vegas.

ProCure Addresses Projected Rise in Cancer Rates, Encourages Proactive Screening for Early Detection

Retrieved on: 
Tuesday, February 6, 2024

Doctors at ProCure Proton Therapy Center say the news reinforces the need to stay updated on cancer screenings.

Key Points: 
  • Doctors at ProCure Proton Therapy Center say the news reinforces the need to stay updated on cancer screenings.
  • "Early detection is paramount in the battle against cancer," said Dr. Brian Chon, medical director at ProCure.
  • One of the more concerning areas of the report highlights the rise in cancer among younger patients.
  • Early detection of cancer enables patients to explore advanced treatment options, such as proton therapy.

Hover's New Takeoff Solution Improves Efficiency for Contractors

Retrieved on: 
Tuesday, February 6, 2024

LAS VEGAS, Feb. 6, 2024 /PRNewswire-PRWeb/ -- Hover, the technology company that transforms smartphone photos and blueprint designs of a property into a scaled 3D model, today announces new automated takeoff and collaboration capabilities into the app – Material Lists, Checklists, and Job Invites – to be featured at the International Roofing Expo. With these new capabilities, contractors can scope and sell any project within one app, saving time and money by eliminating manual steps and complex tasks.

Key Points: 
  • With these new capabilities, contractors can scope and sell any project within one app, saving time and money by eliminating manual steps and complex tasks.
  • With Hover Material Lists, contractors and suppliers can now generate ready-to-order material lists directly from Hover's measurements in just two clicks - at no additional cost.
  • With Checklists, contractors save time, improve field-to-office communication, and reduce repetitive work and unnecessary trips to the job site.
  • Hover's new Material Lists and Checklists solutions are now available for contractors to use within the Hover app.

Personnel changes in the Exyte management: Mark Garvey and Elena Bashkeeva are welcomed as new members of the Executive Board

Retrieved on: 
Monday, February 5, 2024

Mark Garvey has been appointed to the Executive Board of Exyte.

Key Points: 
  • Mark Garvey has been appointed to the Executive Board of Exyte.
  • His oversight responsibilities also include Exyte Operations in the regions USA, Continental Europe, as well as Northern Europe and Israel.
  • Exyte CEO Dr. Wolfgang Büchele states, "Mark Garvey is an expert within the global high-tech industries.
  • Effective April 1, 2024, Elena Bashkeeva will join the Executive Board of Exyte.

Personnel changes in the Exyte management: Mark Garvey and Elena Bashkeeva are welcomed as new members of the Executive Board

Retrieved on: 
Monday, February 5, 2024

Mark Garvey has been appointed to the Executive Board of Exyte.

Key Points: 
  • Mark Garvey has been appointed to the Executive Board of Exyte.
  • His oversight responsibilities also include Exyte Operations in the regions USA, Continental Europe, as well as Northern Europe and Israel.
  • Exyte CEO Dr. Wolfgang Büchele states, "Mark Garvey is an expert within the global high-tech industries.
  • Effective April 1, 2024, Elena Bashkeeva will join the Executive Board of Exyte.

Lifeist Announces Sale of CannMart

Retrieved on: 
Friday, February 2, 2024

The projected final sale price for CannMart may thus exceed Lifeist’s total present market capitalization, resulting in extraordinarily attractive price-to-book and price-to-cash ratios for Lifeist post-closing.

Key Points: 
  • The projected final sale price for CannMart may thus exceed Lifeist’s total present market capitalization, resulting in extraordinarily attractive price-to-book and price-to-cash ratios for Lifeist post-closing.
  • "The decision to undertake this transaction is a pivotal step in our broader strategy to fortify the financial position of both Lifeist and CannMart by improving cash flow, streamlining operational costs, and strategically shifting the focus of both entities beyond the constraints of the current cannabis regulatory framework,” said Meni Morim, CEO of Lifeist.
  • Lifeist will focus on continuing the growth of its nutraceutical business Mikra and Aussie Vapes, while CannMart will benefit from operating away from the onerous demands imposed by the multilayered regulatory regime that governs Canadian public cannabis companies.
  • Kronos Capital Partners Inc. is acting as financial advisor to Lifeist in connection with the transaction.

Finward Bancorp Announces Earnings For the Twelve Months and Quarter Ended December 31, 2023

Retrieved on: 
Tuesday, January 30, 2024

Highlights of the year-to-date period include:

Key Points: 
  • Highlights of the year-to-date period include:
    Net interest margin - The net interest margin for the twelve months ended December 31, 2023, was 2.83%, compared to 3.56% for the twelve months ended December 31, 2022.
  • The tax-adjusted net interest margin (a non-GAAP measure) for the twelve months ended December 31, 2023, was 2.98%, compared to 3.74% for the twelve months ended December 31, 2022.
  • The yield on the securities portfolio improved on a year-to-date basis to 2.43% for the twelve months ended December 31, 2023, up from 2.22% for the twelve months ended December 31, 2022.
  • During the twelve months ended December 31, 2023, the Bank originated $234.3 million in new commercial loans, compared to $376.0 million during the twelve months ended December 31, 2022.

Esker Named in First-Ever Gartner® Magic Quadrant™ for Source-to-Pay Suites

Retrieved on: 
Thursday, February 1, 2024

By aligning procurement and finance, Esker helps CFOs and CPOs achieve better financial outcomes and foster collaboration across all operations.

Key Points: 
  • By aligning procurement and finance, Esker helps CFOs and CPOs achieve better financial outcomes and foster collaboration across all operations.
  • To access a complimentary copy of the 2024 Gartner Magic Quadrant for Source-to-Pay Suites, please click here .
  • Gartner, Magic Quadrant for Procure-to-Pay Suites, by Micky Keck, Balaji Abbabatulla, Patrick Connaughton, Lynne Phelan, published November 28, 2022.
  • Gartner, Magic Quadrant for Source-to-Pay Suites, by Micky Keck, Naveen Mahendra, Kaitlynn Sommers, Lynne Phelan, Cian Curtin, Balaji Abbabatulla, Chaithanya Paradarami, published January 29, 2024.