Procurement

Hover's New Takeoff Solution Improves Efficiency for Contractors

Retrieved on: 
Tuesday, February 6, 2024
Procurement, 3D, ROI, LAS, Machine learning, Artificial intelligence, Smartphone, Collaboration, Tutoring

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
Operational excellence, CFO, Risk management, General Electric, Human resources, Data, Segment, Internal audit, ATF, Strategic planning, Procurement, Corporation, Health, Accounting, Treasury, Environment, Finance, Health care, Engineering, Energy, Management

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
Operational excellence, CFO, Risk management, General Electric, Human resources, Data, Segment, Internal audit, ATF, Strategic planning, Procurement, Corporation, Health, Accounting, Treasury, Environment, Finance, Health care, Engineering, Energy, Management

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
Growth, Science, Circular, News, Environment, Mikra, CAD, Transaction, Meeting, SPA, Sale, Procurement, Security (finance)

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
Federal, Bank holding company, GAAP, Pressure, ACL, FHLB, FDIC, Environment, Investment, Transaction, Federal Reserve, Sale, Bank, Property, Procurement

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
Technology, Mobile, Wireless, Payments, Finance, Security, Professional Services, Software, Data Management, Artificial Intelligence, Policy, Growth, Magic Quadrant, Research, Market Dojo, Publication, Automation, CFOS, CONFIG.SYS, Procurement, Customer service, MAGIC, Sales

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.

Sleep Inn Tempe Successfully Transforms into Thriving Student Housing Development

Retrieved on: 
Thursday, February 1, 2024
Residential Building & Real Estate, Lodging, Commercial Building & Real Estate, Construction & Property, Travel, Sleep, Growth, FF, Student, Choice Hotels, Housing, Procurement, ASU, Strategic planning, Arizona State University, FF&E

In a landmark transaction, the Sleep Inn, located in Tempe, AZ has been acquired by a prominent student housing developer, marking the beginning of an exciting new chapter for the property.

Key Points: 
  • In a landmark transaction, the Sleep Inn, located in Tempe, AZ has been acquired by a prominent student housing developer, marking the beginning of an exciting new chapter for the property.
  • The property's prime location, directly across from Arizona State University (ASU), underscores its potential to meet the growing demand for student accommodations in the thriving Tempe area.
  • With over 57,000 total enrolled students at ASU’s Tempe location, this strategic development aligns with the increasing demand for high-quality student housing options in proximity to the university, providing a convenient and modern living experience for the student population.
  • This conversion from a hotel to a student housing development stands as a testament to the resilience and adaptability of real estate in meeting the evolving needs of the community.

Tiny Completes Acquisition of WholesalePet

Retrieved on: 
Wednesday, January 31, 2024
Other Retail, Online Retail, Professional Services, Specialty, Women, Food, Beverage, Pets, Men, Retail, Consumer, Finance, Partnership, WSP, Commerce, Acquisition, Procurement

Tiny Ltd. (“Tiny” or the “Company”) (TSXV: TINY), a Canadian technology holding company, today announced that its private partnership Tiny Fund I, LP (the “Buyer”) has completed its acquisition of Retail Store Networks, Inc (d/b/a WholesalePet.com) (“WSP”), a B2B marketplace for wholesale pet products from EMERGE US Holdings LLC (the “Seller”), a subsidiary of EMERGE Commerce Ltd. (“EMERGE”) (TSXV:ECOM) pursuant to a share purchase agreement (the “Definitive Agreement”) dated January 23, 2024.

Key Points: 
  • Tiny Ltd. (“Tiny” or the “Company”) (TSXV: TINY), a Canadian technology holding company, today announced that its private partnership Tiny Fund I, LP (the “Buyer”) has completed its acquisition of Retail Store Networks, Inc (d/b/a WholesalePet.com) (“WSP”), a B2B marketplace for wholesale pet products from EMERGE US Holdings LLC (the “Seller”), a subsidiary of EMERGE Commerce Ltd. (“EMERGE”) (TSXV:ECOM) pursuant to a share purchase agreement (the “Definitive Agreement”) dated January 23, 2024.
  • WSP specializes in serving pet boutiques, pet stores, and pet service businesses, including pet boarding and grooming.
  • The platform enables thousands of independent pet retailers to purchase pet products from a diverse range of manufacturers and distributors.
  • Pursuant to the Definitive Agreement, the Buyer has paid the Seller cash consideration of US$9,250,000, subject to standard closing adjustments.

Iron Bow Technologies Selected to Provide IT Solutions and Services to State and Local Governments Through Fairfax County, Virginia and GOVMVMT Purchasing Cooperative

Retrieved on: 
Tuesday, January 30, 2024
Technology, Professional Services, Health, State, Local, Business, Software, Government Technology, Networks, Defense, Public Policy, Government, Telemedicine, Virtual Medicine, Partnership, Public sector, Investment, Bow, Procurement, Iron, SLED, Renewable energy

Iron Bow Technologies , the next-generation technology solutions provider to government, commercial, and healthcare markets, today announced that it has been selected to participate in a groundbreaking contract vehicle sponsored by Fairfax County, VA., made available through the GOVMVMT Purchasing Cooperative.

Key Points: 
  • Iron Bow Technologies , the next-generation technology solutions provider to government, commercial, and healthcare markets, today announced that it has been selected to participate in a groundbreaking contract vehicle sponsored by Fairfax County, VA., made available through the GOVMVMT Purchasing Cooperative.
  • “Fairfax County is excited to forge a partnership with Iron Bow Technologies through GOVMVMT, ushering in a new era of cutting-edge Information and Technology solutions and services for our community," said Lee Ann Pender, Purchasing Agent for Fairfax County, Virginia.
  • “Iron Bow has made significant investments in the SLED market and is well-positioned to leverage our extensive government experience and technical proficiency to support the diverse technology needs of state and local agencies.
  • This award reflects a shared commitment to providing the most advanced, secure, and cost-effective technology and services to the public sector.”
    For more information about Iron Bow, please visit www.ironbow.com .

Best Egg Wins in Three Categories of ConsumerAffair's Inaugural Buyer's Choice Awards

Retrieved on: 
Thursday, February 1, 2024
Web Cartoonists' Choice Awards, Internet, Procurement, ConsumerAffairs, Auction

WILMINGTON, Del., Feb. 1, 2024 /PRNewswire/ -- Best Egg, a leading fintech that drives financial confidence, has been recognized by leading reviews platform ConsumerAffairs as a winner in its inaugural Buyer's Choice Awards. Best Egg won Best Customer Service, Best Experience with Staff, and Best Loan Process awards.

Key Points: 
  • Best Egg wins for Best Customer Service, Best Experience with Staff, and Best Loan Process
    WILMINGTON, Del., Feb. 1, 2024 /PRNewswire/ -- Best Egg, a leading fintech that drives financial confidence, has been recognized by leading reviews platform ConsumerAffairs as a winner in its inaugural Buyer's Choice Awards .
  • Best Egg won Best Customer Service, Best Experience with Staff, and Best Loan Process awards.
  • Every Best Egg employee's hard work and dedication make awards like these possible, but it is our customers' satisfaction that truly makes them meaningful."
  • Among the detailed Best Egg reviews analyzed by the Buyer's Choice Awards methodology was this one from Stephanie from Nebraska in June:
    "Everything's been great with Best Egg.