Cash flow stories - Page 9

Panasonic NZ reports resilient performance with $148.2M in revenue and a 28.5% gross profit margin despite facing economic headwinds and market challenges.

As mid-size businesses gear up for digital transformation, prioritising the finance function may offer the most strategic opportunities for immediate gains.

Seeing Machines inks a 5-year deal with Caterpillar, securing a USD $16.5 million payment to bolster cash reserves and advance transport safety tech.

Xero has revealed its AI-powered business companion, Just Ask Xero (JAX), to boost accuracy in accounting tasks, launching a beta in August.

TechnologyOne's financial results for HY24 show a 16% revenue rise to AUD $244.8M, driven by strong SaaS growth and UK market gains.

BlackLine has topped ISG's latest study in both the Invoice to Cash (I2C) and Record to Report (R2R) categories, marking a significant achievement.

Kyriba's Q4 2023 report highlights a $95bn total currency impact on revenues of 1700 public North American and European companies.

Celonis and Sailfin Technologies unveil AI-driven suite to optimise AR operations, promising enhanced cash flow, greater productivity, and potential million-dollar savings.

Economic stress leads 81% of NZ's SMEs to express concern over securing funds, forcing them to explore alternative finance methods.

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.

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.

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.

Extend integrates with SAP Concur, offering a virtual-card-as-a-service solution for businesses, countering competitor Brex.

Automated B2B payment specialist, ezyCollect, has introduced a Direct Debit Authorisation feature to streamline client onboarding and ensure timely payments.

Fortinet posts impressive Q3 financial results with a 16% increase in total revenue and a surge in service revenue of 28%.

Prospa, the Australian lender, launches New Zealand's first SME lending app to aid efficient cash flow management.

TGI Fridays boosts global expansion, automating financial processes and enhancing efficiency through collaborating with Oracle NetSuite.