financial management software – Quicken Accounting Solution http://quickenaccountingsolution.com/ Wed, 21 Jul 2021 20:07:05 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://quickenaccountingsolution.com/wp-content/uploads/2021/06/cropped-icon-32x32.png financial management software – Quicken Accounting Solution http://quickenaccountingsolution.com/ 32 32 Syntellis Performance Solutions Appoints Flint Brenton As New Managing Director | Business https://quickenaccountingsolution.com/syntellis-performance-solutions-appoints-flint-brenton-as-new-managing-director-business/ https://quickenaccountingsolution.com/syntellis-performance-solutions-appoints-flint-brenton-as-new-managing-director-business/#respond Wed, 21 Jul 2021 18:02:17 +0000 https://quickenaccountingsolution.com/syntellis-performance-solutions-appoints-flint-brenton-as-new-managing-director-business/ CHICAGO – (BUSINESS WIRE) – July 21, 2021– Syntellis Performance Solutions, LLC (“Syntellis” or “the Company”), a leading provider of enterprise performance management (EPM) software, data and analytics solutions, today announced that Flint Brenton has been appointed new CEO of the Company. Mr. Brenton succeeds Kermit Randa, who is stepping down as CEO to pursue […]]]>

CHICAGO – (BUSINESS WIRE) – July 21, 2021–

Syntellis Performance Solutions, LLC (“Syntellis” or “the Company”), a leading provider of enterprise performance management (EPM) software, data and analytics solutions, today announced that Flint Brenton has been appointed new CEO of the Company. Mr. Brenton succeeds Kermit Randa, who is stepping down as CEO to pursue new projects. Mr. Randa will continue as special advisor to the board. Mr. Brenton takes over as management of Syntellis following the successful creation and integration of Syntellis as an independent company with the support of two leading technology investment firms, Thoma Bravo and Madison Dearborn Partners (“MDP”).

This press release features multimedia. See the full version here: https://www.businesswire.com/news/home/20210721005531/en/

Flint Brenton, CEO of Syntellis Performance Solutions (Photo: Business Wire)

Mr. Brenton joins Syntellis with a very successful track record as CEO of high growth companies for nearly two decades. Most recently, he served as President and CEO of Centrify, where he accelerated growth through product innovation and improved sales execution. Prior to joining Centrify, Mr. Brenton held CEO positions at CollabNet VersionOne, AccelOps and Tidal Software. He has also led engineering teams at technology companies including NetIQ, Compaq, BMC Software and IBM. Mr. Brenton holds a BA in Accounting from Mount Union College and an MA in Business and Public Management in Finance from Rice University.

“Syntellis has reached a turning point in its growth where it will be well served by a leader such as Flint, with a deep commitment to understanding customer needs, expertise in new market segments and experience in seizing new opportunities in delivering cutting-edge innovation that helps customers navigate complexity and grow, ”said Paul Zuber, Chairman of the Board of Syntellis and Operating Partner at Thoma Bravo. “Flint is also a leader who puts customers and employees first, and we are confident that his leadership style and customer-centric approach will further accelerate Syntellis’ performance to new heights. “

“On behalf of all of the board members, we would like to thank Kermit for his leadership and contributions to Syntellis,” said AJ Rohde of Thoma Bravo and Jason Shideler of MDP, both board members of Syntellis. “Flint’s experience leading teams and fostering a customer and employee-centric culture make him uniquely qualified to lead Syntellis through its next stage of growth.

Mr. Brenton said: “It is an honor to have the opportunity to lead Syntellis as it begins what I believe is an exciting and promising new era. I look forward to working with my new colleagues and partners at MDP and Thoma Bravo and spending time with current and potential customers to identify ways to improve Syntellis’ roadmap and product architecture to better meet their needs. The company has established itself as an undisputed market leader, as evidenced by its success and recognition in the market. I plan to continue this success by leading with a clear vision and purpose, based on a deep commitment to our customers and employees, and a continued focus on delivering the most robust and innovative EPM solutions to healthcare facilities, d higher education and finance.

Mr. Randa said: “It has been a pleasure to lead Syntellis and, before that, the Software division of Kaufman Hall. Our team has completed a number of initiatives over the past few years, including seamless integration and subsequent creation of a market-leading stand-alone software organization, and the introduction of new innovative solutions and data offerings. unmatched, while providing invaluable support to our customers as they overcome the challenges of the COVID-19 pandemic. Everyone has shown incredible resilience and I have no doubts that under Flint’s leadership Syntellis is well positioned for continued growth and success for many years to come.

About Syntellis Performance Solutions

Syntellis Performance Solutions, formerly Kaufman Hall Software, provides innovative business performance management software, data and analytics solutions for healthcare, higher education and financial institutions. Syntellis solutions include Axiom and Connected Analytics software, which help finance professionals improve their performance by gaining insight, accelerating decisions and advancing their business plans. With more than 2,800 organizations and 450,000 users trusting its solutions, Syntellis has proven industry expertise to help organizations turn their visions into reality. For more information, please visit www.syntellis.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20210721005531/en/

CONTACT: Syntellis Performance Solutions Stephanie Fergione

syntellis@inkhouse.com

781-966-4100

KEYWORD: UNITED STATES NORTH AMERICA ILLINOIS

INDUSTRY KEYWORD: PROFESSIONAL SERVICES DATA MANAGEMENT HEALTH TECHNOLOGY SOFTWARE FINANCE GENERAL HEALTH

SOURCE: Syntellis Performance Solutions, LLC

Copyright Business Wire 2021.

PUB: 07/21/2021 2:00 p.m. / DISC: 07/21/2021 2:02 p.m.

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Lesotho: African Development Fund grants $ 4.25 million loan to modernize tax collection and increase revenue https://quickenaccountingsolution.com/lesotho-african-development-fund-grants-4-25-million-loan-to-modernize-tax-collection-and-increase-revenue/ https://quickenaccountingsolution.com/lesotho-african-development-fund-grants-4-25-million-loan-to-modernize-tax-collection-and-increase-revenue/#respond Wed, 21 Jul 2021 08:55:08 +0000 https://quickenaccountingsolution.com/lesotho-african-development-fund-grants-4-25-million-loan-to-modernize-tax-collection-and-increase-revenue/ The Board of Directors of the African Development Bank Group (www.AfDB.org) approved a $ 4.25 million loan to the Lesotho Revenue Authority to provide digital tax services, including electronic taxation and payment, which will broaden the country’s tax base and increase government revenue. The funds, which will come from the African Development Fund, the Group’s […]]]>

The Board of Directors of the African Development Bank Group (www.AfDB.org) approved a $ 4.25 million loan to the Lesotho Revenue Authority to provide digital tax services, including electronic taxation and payment, which will broaden the country’s tax base and increase government revenue.

The funds, which will come from the African Development Fund, the Group’s concessional lending window, will be used to support the Additional funding for Lesotho’s tax modernization project. The project follows on from the Lesotho Tax Modernization Project (LTMP) approved in November 2017, and for which the African Development Bank Group provided funding of $ 7.09 million.

Specifically, the funding will be used to purchase and install electronic taxation, electronic payment and electronic invoicing software and hardware and to integrate financial institutions and mobile money providers into electronic payment systems.

“The project will broaden the tax base by simplifying and streamlining the tax system and procedures for small businesses and the informal sector. said the director of governance and coordination of financial management of the Bank, Abdoulaye Coulibaly. “A strong revenue base is imperative for Lesotho to finance the necessary expenditures for utilities, social support and infrastructure, as outlined in National Strategic Development Plan II. “

Lesotho’s economy has been negatively affected over the past two years, by sluggish global growth, especially in South Africa, a major trading partner, as well as political instability and the Covid-19 pandemic. Southern African Customs Union revenue, which accounts for 50% of total revenue, has fallen below its historical average, threatening fiscal stability, development planning and investment.

The project, which will also update and consolidate the legal and institutional frameworks for tax collection, will benefit taxpayers as well as the Lesotho Revenue Authority. The Authority, which has successfully launched a reform and modernization program aimed at reducing the burden and cost of tax compliance, has introduced VAT and improving border management processes.

The Bank’s portfolio in Lesotho, equivalent to $ 79 million, includes 8 projects in the areas of water and sanitation, energy and TIC sectors, with almost a third of multisectoral projects.

Distributed by APO Group on behalf of the African Development Bank Group (AfDB).

Media contact:
Olufemi Terry
Communication and External Relations Department
African development bank
Email: o.terry@afdb.org

About the African Development Bank Group:
The African Development Bank Group (AfDB) is Africa’s premier development finance institution. It comprises three distinct entities: the African Development Bank (AfDB), the African Development Fund (Automatic document feeder) and the Nigeria Trust Fund (NTF). Present on the ground in 44 African countries with a field office in Japan, the AfDB contributes to the economic development and social progress of its 54 regional member states. For more information: j.mp/AfDB_Media.

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Board International Continues Strong Growth in Second Quarter 2021 | Business https://quickenaccountingsolution.com/board-international-continues-strong-growth-in-second-quarter-2021-business/ https://quickenaccountingsolution.com/board-international-continues-strong-growth-in-second-quarter-2021-business/#respond Tue, 20 Jul 2021 14:01:24 +0000 https://quickenaccountingsolution.com/board-international-continues-strong-growth-in-second-quarter-2021-business/ CHIASSO, Switzerland and BOSTON – (BUSINESS WIRE) – July 20, 2021– Board International, the all-in-one decision-making platform provider, today announced a strong performance in the second quarter of 2021, reaching a 45% increase in ARR in the past 12 months. The company saw robust growth levels in the second quarter of 2021, which included a […]]]>

CHIASSO, Switzerland and BOSTON – (BUSINESS WIRE) – July 20, 2021–

Board International, the all-in-one decision-making platform provider, today announced a strong performance in the second quarter of 2021, reaching a 45% increase in ARR in the past 12 months.

The company saw robust growth levels in the second quarter of 2021, which included a 58% increase in new ARR software orders compared to the same quarter last year, contributing to a 69% increase in the first half of 2021. Board has more than 3,000 customers worldwide and welcomed 54 new brands in the second quarter of 2021, including Jhpiego, Zentiva, Evergreen Environmental and Luye Pharma. In addition, the Council recorded a net retention rate of 114%.

During the second quarter of the year, the board announced the arrival of Marco Limena to its board as a non-executive director and senior advisor. The company has also hired more than 125 people since the start of the year, increasing its employee base by 15% to a total workforce of 500 in 25 countries. These new hires include a variety of industry leaders and experts, including Mr. Christof Majer as Global Vice President of Alliances and Channels, who will lead partners’ business strategy, and Mr. Marcel Doppenberg as Sales Director for the Benelux region, which will stimulate local growth.

On April 28, Board released Board Spring 21, the latest version of its industry-leading decision-making platform. The new version represents a milestone in the evolution of Board technology and gives organizations access to supercharged performance, unmatched flexibility, rock-solid reliability and seamless upgrade from versions. previous ones. Board continues to replace old applications and spreadsheets, ushering in a new era of decision making, helping businesses succeed in an ever-changing reality through greater planning agility and more accurate information.

During the second quarter, Board also continued to strengthen its position as a leading provider of unified business intelligence, planning and predictive analytics, and its value proposition received close attention from analysts. Board International was recognized in March 2021 as Gartner Peer Insights Customers’ Choice for Cloud Financial Planning and Analysis (FP&A) Solutions, confirmed as a market leader with the best portfolio planning and analysis capabilities integrated by BARC , and named a Leader in Customer Experience and Supplier Credibility Models in Dresner Advisory’s 2021 Wisdom of Crowds Market Research for BI and EPM.

“I am very proud of these results, for which I would like to congratulate the entire team of the Board of Directors. Our flexible, all-in-one decision-making platform gives organizations a significant competitive advantage. It is the perfect choice for functional planning needs and also for achieving the ideal state of unified planning across the enterprise, ”comments Maurizio Carli, CEO of Board International. “In the second half of the year, we will continue to focus on product innovation to improve our customer experience and meet growing market demand. “

About the Board

Board is the # 1 decision-making platform. Founded in 1994, Board International empowers people to have a transformative impact on their businesses, helping them intuitively operate their data in a flexible, all-in-one environment. By unifying business intelligence, planning, and predictive analytics, the Board platform enables businesses to produce a single, accurate, and comprehensive view of business information, gain actionable insights, and gain control. total performance across the organization. Through Board, global companies such as M&S, Coca-Cola, Ricoh, KPMG, Puma, Siemens and ZF Group have deployed end-to-end decision-making applications at a fraction of the time and cost associated with traditional solutions. www.board.com

View source version on businesswire.com:https://www.businesswire.com/news/home/20210720005826/en/

CONTACT: Giulia Biondi

Head of communications

gbiondi@board.com

KEYWORD: EUROPE SWITZERLAND UNITED STATES NORTH AMERICA MASSACHUSETTS

INDUSTRY KEYWORD: SOFTWARE TECHNOLOGY OTHER TECHNOLOGY DATA MANAGEMENT

SOURCE: International Consulting

Copyright Business Wire 2021.

PUB: 07/20/2021 10 a.m. / DISC: 07/20/2021 10:01 a.m.

http://www.businesswire.com/news/home/20210720005826/en

Copyright Business Wire 2021.


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Dan Seivert’s resounding success in RIA M&A deals has the bizarre side effect of squeezing some handgun staff off to new perspectives https://quickenaccountingsolution.com/dan-seiverts-resounding-success-in-ria-ma-deals-has-the-bizarre-side-effect-of-squeezing-some-handgun-staff-off-to-new-perspectives/ https://quickenaccountingsolution.com/dan-seiverts-resounding-success-in-ria-ma-deals-has-the-bizarre-side-effect-of-squeezing-some-handgun-staff-off-to-new-perspectives/#respond Tue, 20 Jul 2021 01:22:39 +0000 https://quickenaccountingsolution.com/dan-seiverts-resounding-success-in-ria-ma-deals-has-the-bizarre-side-effect-of-squeezing-some-handgun-staff-off-to-new-perspectives/ Carolyn Armitage and Mark Bruno are gone for mutual benefit, while Echelon Partners roars, feeding the beast of mad buyers and sellers of AIR deals. Brooke’s Note: Small, high-performing businesses rarely operate by committee. They thrive on the leadership of one or two highly motivated protagonists who make decisions in real time. Although mergers and […]]]>

Carolyn Armitage and Mark Bruno are gone for mutual benefit, while Echelon Partners roars, feeding the beast of mad buyers and sellers of AIR deals.

Brooke’s Note: Small, high-performing businesses rarely operate by committee. They thrive on the leadership of one or two highly motivated protagonists who make decisions in real time. Although mergers and acquisitions in the RIA sector are exploding, the size of these companies is quite static, if not declining. Sometimes M&A firms swell in size during bear markets as they bide their time doing paid consulting work until buyers and sellers feel like talking turkey. The good news is that anyone who survived the melting pot of performance fees within a certain time frame can write their ticket with another employer. This is what appears to be happening at Echelon Partners as two respected CEOs leave – and may not be replaced.

Echelon Partners’ RIA trading machine is working so hot that two of its well-known non-traders are gone and will not be replaced – at least not until the RIA M&A bull market turns sour.

Carolyn Armitage: “I am confident [Echelon] will continue to thrive.

Mark Bruno left in May and Carolyn Armitage stepped out in June, both for some awesome new gigs.

“We can add another CEO to advise, but… we don’t need to find a replacement as we are more focused on investment banking,” Echelon CEO Dan Seivert said by E-mail.

Manhattan Beach, Calif., Investment bank for RIAs is riding an eighth consecutive year of record deal flow.

It’s all about focus, says Seivert. “The mergers and acquisitions are going so well that we are focusing more on it and less on consulting.”

Indeed, the transactions are as lucrative to conclude as they induce cortisol to live.

For transactions worth up to $ 5 million, M&A advisors can reliably charge fees between 4% and 6% of the overall value of the transaction, according to sources. This roughly equates to a RIA with $ 250 million in assets under their management (AUM). See: As more and more RIAs stack up with M&A deals, Andy Grillo Launches Low-Cost Robotic Service to Help Moms and Dads Fight “Inaccurate” Valuations; color RIA bankers not impressed.

To make a break

Bruno says he wanted his own action, explaining his decision to join New York-based media company Informa as chief executive of wealth management. Informa is the owner of WealthManagement.com.

Marc Bruno
Mark Bruno returned to the media world where he spent most of his career.

“[Seivert] is one of the most thoughtful and creative people in this industry. My decision to move on was based on the opportunity I see at Informa, ”he says.

“I’m a builder at heart, and I really love media and heritage businesses, so this is a dream opportunity for me.”

At Echelon, Bruno was a senior compensation consultant. See: Mark Bruno, the “glue” behind InvestmentNews, and sales strategist Julie Parten make a clean sweep, ending the Crain era with their departures

Armitage increases to $ 5.2 billion Minneapolis RIA Thrivent Advisor Network (TAN). She intends to make the RIA hybrid brand a magnet for disruptive brokers who don’t want to start their own practice, she said. CityWire in an interview on June 14.

“While the advisory and investment banking work I have done can be financially and inherently rewarding, it is very transactional in nature,” said Armitage.

“I am particularly looking forward to having a direct impact on a business like I did earlier in my career instead of having an indirect impact like I did through Echelon,” she adds by e -mail.

Seivert says he’ll let the bandwidth of his talents determine how much consulting he does in the immediate future, but he realizes that making deals is the responsibility of the company. purpose.

John Eubanks
John Eubanks: “We really don’t see a slowdown at this point.”

“We still do both, but investment banking has a higher margin and the demand for these services is very high right now. Our M&A advisory work has reached record levels in 2020 and 2021 will be higher. to that, ”he said.

“Our biggest and most important business is investment banking and their movements didn’t really have an impact as they were both focused on advice,” he adds.

More than 100 M&A RIA transactions have been closed in three months since the start of the year compared to the pace of last year.

“It will only speed up; [this year] is on track for the industry’s eighth consecutive record year, ”David DeVoe, founder and CEO of San Francisco M&A advisory and investment bank DeVoe and Company, said in a statement.

Annual RIA transaction volume surpassed the milestone of the century for the first time in December 2018, a feat repeated in September 2019 and 2020, DeVoe reports.

“We really don’t see a slowdown at this point,” said John Eubanks, director of New York investment bank Park Sutton Advisors. Eubanks declined to comment on recent staff changes at Echelon.

Investment banks underwrite and negotiate debt and newly issued securities, facilitate mergers and acquisitions, corporate reorganizations and succession plans. They often provide a valuation service and advise on the structure of transactions.

The figure goes up or down, depending on the value of the deal.

Driving volume

Echelon employs eight people, all of whom provide consulting services, according to the company. He declined to reveal whether he would be hiring this year.

David DeVoe
David DeVoe: “[This year] is on track for the eighth consecutive industry record year.

Rival investment bank Park Sutton employs at least 11 people, according to a LinkedIn research. He added two new employees in February and a third in June, including partner Andrew Matney, most recently a mid-market investment banker at the Wells Fargo office in El Paso, TX.

Park Sutton hired two investment banking analysts in September and November 2020. The company is interviewing to fill two other positions.

Still, Seivert says he feels no immediate pressure to replace Armitage and Bruno, in part because he built Echelon by employing multi-talented bankers, who can act as consultants and valuation experts when needed. .

“Based on our operational experience and our work as consultants, we know more about the industry [than] Transaction-only investment bankers, and given our investment banking skills, we can transact where other consultants cannot. The two companies generate volume for each other, ”he explains.

Musical chairs

Other notable moves from M&A consultants this year include Scott Collins, who left TD Ameritrade (TDA) after eight years as managing director of institutional sales consulting.

Scott collins
Scott Collins is Senior Vice President at Allworth Financial.

In January, Collins joined Sacramento, Calif., RIA, Allworth Financial as the new Senior Vice President (SVP) for Business Development, Mergers and Partnerships. See: Allworth sells at a white-hot valuation.

Jeremy Holly left Fort Mill, South Carolina-based LPL Financial in June to become the new development director of the RIA SageView advisory group of Newport Beach, Calif., With $ 130 billion in assets advised.

Holly spent just under 19 years at LPL, most recently as Senior Vice President for Business Development and Financial Solutions for Advisors. See: All-LPL Merger & Acquisition Brings $ 875 Million Business.

Allworth and SageView are teeming with fresh cash following an influx of private equity (PE) investments.

New York-based PE LightYear Capital acquired Allworth in October 2020. A second New York-based PE company, Aquiline Capital Partners, acquired SageView in January 2021.

Springboards

Prior to joining Echelon, Armitage spent three years as Head of Business and Corporate Management Consulting at LPL Financial.

She also spent 13 years as head of wealth management advisory services at the broker ING Advisors Network. TAN is a subsidiary of the non-profit broker Thrivent.

Thrivent continued its rental of Armitage with the June 2 appointment of Ryan Armock as its new COO. Prior to that, he was Director of Operations in Louisville, Ky., Broker-Trader Private Client Services,

Bruno spent almost a year and a half at Echelon. He also has 17 years of experience in financial media.

Most recently he worked at InvestmentNews under Crain Communication and for a short time under UK firm Bonhill Group after acquiring the publication. See: How InvestmentNews Could Become the Core of US-Based Roll-Up If a UK Investment Banker Manages to Buy It with a ‘Wild Swim’ Across the Atlantic

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Latest coronavirus: Asian economies show resilience despite epidemics, Deutsche Bank says https://quickenaccountingsolution.com/latest-coronavirus-asian-economies-show-resilience-despite-epidemics-deutsche-bank-says/ https://quickenaccountingsolution.com/latest-coronavirus-asian-economies-show-resilience-despite-epidemics-deutsche-bank-says/#respond Mon, 19 Jul 2021 05:45:13 +0000 https://quickenaccountingsolution.com/latest-coronavirus-asian-economies-show-resilience-despite-epidemics-deutsche-bank-says/ Asia-Pacific economies expected to withstand persistent outbreaks of Covid-19, due to limited lockdowns and increased export demand from US and EU, Deutsche report says Bank released Monday. Although many countries in the region experience relatively high daily Covid-19 infections and vaccination rates are generally still low compared to developed markets, the bank noted their economies […]]]>

Asia-Pacific economies expected to withstand persistent outbreaks of Covid-19, due to limited lockdowns and increased export demand from US and EU, Deutsche report says Bank released Monday.

Although many countries in the region experience relatively high daily Covid-19 infections and vaccination rates are generally still low compared to developed markets, the bank noted their economies were still less affected than last year. .

“Many of the current foreclosures are very targeted and localized,” said Deutsche Bank researchers, led by Jason Liu, Asia-Pacific head of the bank’s investment office.

“Most of the emerging countries in Asia are export oriented and are therefore ready to take advantage of further recoveries in external demand,” they added.

The Deutsche Bank team said its gross domestic product forecast for China remained at 8.7% for this year and 5.5% in 2022. “We believe the Chinese economy will remain supported by growth exports and improved consumption. “

China’s GDP growth was 12.7% year-on-year in the first half of the year.

“We have seen an uneven recovery in different sectors of the economy,” the bank wrote. “Consumption growth has lagged behind expectations recently. Some Chinese cities experienced a few outbreaks in June, which affected the month’s consumption. “

Muslims follow social distancing measures when praying in a mosque in Putrajaya, Malaysia © Lim Huey Teng / Reuters

Deutsche Bank noted that India is recovering from a severe second wave of Covid-19.

Daily new cases fell below 40,000 – a three-month low from a 10-fold high last month. “Recent closures have been shorter, localized and less stringent,” the bank noted.

But while the pace of vaccinations has picked up recently, only about 10 percent of India’s eligible population has so far been fully vaccinated.

For Southeast Asia, Liu and his team said the key to economic recovery will be vaccination rates. Only Singapore has been able to immunize its population at a rate comparable to that of developing countries.

Indonesia and Malaysia vaccinated about 13% and 24% with at least one dose, respectively.

Deutsche Bank said the region could no longer rely on exports of personal protective equipment. “The demand for PPE will be less pronounced as global economies slowly return to normal.”

However, there would be continued demand for “electronics, software equipment and semiconductors, as American and European consumers in particular will start to spend their accumulated savings,” Deutsche Bank said.

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Computing Palace Technologies provides digital skills on future of business, survival – PML Daily https://quickenaccountingsolution.com/computing-palace-technologies-provides-digital-skills-on-future-of-business-survival-pml-daily/ https://quickenaccountingsolution.com/computing-palace-technologies-provides-digital-skills-on-future-of-business-survival-pml-daily/#respond Sun, 18 Jul 2021 05:19:23 +0000 https://quickenaccountingsolution.com/computing-palace-technologies-provides-digital-skills-on-future-of-business-survival-pml-daily/ KAMPALA – The outbreak of the COVID-19 pandemic and the resulting lockdown have led to the collapse of a number of micro-businesses, failing to adapt to e-commerce. One of the biggest bottlenecks these companies realize is the lack of digital skills among their owners, but they have now become as important as financial management skills […]]]>

KAMPALA – The outbreak of the COVID-19 pandemic and the resulting lockdown have led to the collapse of a number of micro-businesses, failing to adapt to e-commerce.

One of the biggest bottlenecks these companies realize is the lack of digital skills among their owners, but they have now become as important as financial management skills given the COVID-19 standard operating procedures of social distancing and working from home.

Noting the gap, however, Computing Palace Technologies, an information and communications technology (ICT) company specializing in software development, was right to start imparting digital skills to small business owners. to enable them to use online channels to market and sell their products.

“We noticed that many companies had not adopted as much social media and other digital platforms for doing business. But after having a session with them and showing them how their businesses can grow, they started to embrace the idea. Unfortunately, some companies were already dead, ”says Felix Balitumye, team leader at Computing Palace Technologies.

“We understand that the main driver of financial inclusion is technology; so when we saw this gap in digital literacy, we decided that was one of the things we should be focusing on this season.

Balitumye adds that the company has also set up an e-learning portal, a self-learning platform that can be accessed to learn more about financial management and digital skills.

This innovation is one of the latest from Computing Palace Technologies, which offers a range of ICT services including software development, financial product development, website design and hosting, ICT consulting, training internship and personalized ICT training.

Over the years, the company has developed various management systems including Sacco management, schools management, hospital management and church management systems, among others to enable them to operate more efficiently.

To further support the company’s survival, Balitumye says the company will soon be launching “Her Duuka”, a web platform that will allow women to publish and sell their products online.

“We are not only teaching these women digital skills, we are also empowering them to adapt by selling their products online. Anyone who will be authorized to create an account on this platform must have been trained, ”he explains.

It will also help boost financial inclusion, as women business owners will only receive their payments through mobile money.

While the platform will initially be free to all women, Balitumye says they might consider charging a small subscription in the future for sustainability purposes.

Computing Palace Technologies is one of the participants in the second edition of the 40-days-40-FinTechs initiative, organized by HiPipo as part of its Include EveryOne program, in partnership with Crosslake Tech, ModusBox and Mojaloop.

Balitumye congratulated HiPipo for this initiative, saying that it has opened its doors to new partnerships and also broadened its perspective towards financial inclusion and interoperability which has been incorporated into the development of its systems.

Being a gender-focused company, however, Balitumye says there is a need for more collaboration and support to close the current gender gap in the fintech industry.

HiPipo CEO Innocent Kawooya hints that the second edition of the 40-Days 40 FinTechs will showcase the best of the multitude of solutions and products one can think of in the digital space.

“We expect showcases of innovations and brands operating in this space and also take this opportunity to learn, at no cost, from probably the most knowledgeable group of global FinTech experts who are all expected to present this year.” , did he declare.

Kawooya adds that FinTech in Africa offers attractive opportunities and that investors are rightly interested in the various startups that offer a plethora of services, ranging from payments and loans, remittances, cross-border transfers and neobanks, among others.

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A second act consultation concert takes time and effort to be successful. here are a few tips https://quickenaccountingsolution.com/a-second-act-consultation-concert-takes-time-and-effort-to-be-successful-here-are-a-few-tips/ https://quickenaccountingsolution.com/a-second-act-consultation-concert-takes-time-and-effort-to-be-successful-here-are-a-few-tips/#respond Sat, 17 Jul 2021 12:00:00 +0000 https://quickenaccountingsolution.com/a-second-act-consultation-concert-takes-time-and-effort-to-be-successful-here-are-a-few-tips/ The time of dreams Text size While retirement signals the end of the prototypical 40-hour work week for many Americans, for some it marks the start of a second act in coaching or counseling. Yet, many would-be consultants learn that it’s not as easy as hanging up a shingle and waiting for the business to […]]]>

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5 software stocks for your July 2021 watchlist https://quickenaccountingsolution.com/5-software-stocks-for-your-july-2021-watchlist/ https://quickenaccountingsolution.com/5-software-stocks-for-your-july-2021-watchlist/#respond Fri, 16 Jul 2021 21:09:44 +0000 https://quickenaccountingsolution.com/5-software-stocks-for-your-july-2021-watchlist/ Do you have these top software stocks on your radar right now? Where the technology is present, the associated software is probably in place to keep things working. For this reason, some would say that this sector of the scholarship today is more important than ever. In general, many would agree with this statement. After […]]]>

Do you have these top software stocks on your radar right now?

Where the technology is present, the associated software is probably in place to keep things working. For this reason, some would say that this sector of the scholarship today is more important than ever. In general, many would agree with this statement. After all, software today plays a crucial role in facilitating most of our technological interactions. From the device you’re reading this on to the internet connection activating it, it would. In theory, as technology becomes more complex and continues to evolve, the software industry should follow suit. Accordingly, it would be logical that software stocks are in focus now.

For investors, the software industry offers many viable entry points. Take the pure-play software company Unity Software Inc. (NYSE: U) for example. Using the power of software, Unity enables users to create and operate 3D content in real time. This translates into possible applications in a wide range of industries around the world. Tastes range from game development and architecture to automotive design and even movie making to name a few. Meanwhile, companies like Lyft (NASDAQ: LYFT) use software to provide consumers with vital ridesharing and food delivery services. With that said, take a look at these hot software stocks that are playing in the stock Exchange now.

Best Software Stocks To Buy [Or Sell] This month

PayPal Inc.

PayPal is a software company that has revolutionized the digital payments industry. It leverages technology to make financial services and commerce more convenient and secure. Impressively, the company’s platform is used by over 300 million consumers and traders in over 200 markets to join and thrive in the global economy. PYPL stock is currently trading at $ 294.63 at Friday’s close and has risen more than 69% in the past year.

In May, the company reported excellent results for the first quarter. First, its total payment volume (TPV) was $ 285 billion, up 50% year-on-year. Second, it posted revenue of $ 6.03 billion, a 31% year-over-year increase. PayPal also reported GAAP earnings per share of $ 0.92 for the quarter. Additionally, the company said it added 14.5 million new net asset accounts during the quarter. This quarter could certainly be a testament to the company’s momentum as the world shifts to the digital economy. It also says its addressable market continues to grow as it launches new products and services for its customers. With that in mind, will you view PYPL stock as a buy?

Source: TD Ameritrade CGU

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Nvidia Company

Nvidia is a multinational technology company based in Santa Clara, California. The company designs graphics processing units (GPUs) for the professional and consumer markets. Besides, it also innovates with AI software and data science. Given the potential of AI and the way businesses are increasingly data-driven, the demand for AI and Nvidia’s software will continue to grow. NVDA stock is currently trading at $ 726.44 at 4 p.m. ET on Friday.

On July 6, 2021, the company announced the launch of the UK’s most powerful supercomputer for AI and healthcare research. Dubbed Cambridge-1, it will enable top scientists and health experts to use the powerful combination of AI and simulation to accelerate the digital biology revolution and strengthen the country’s life science industry. Nvidia’s $ 100 million investment will be used by companies like AstraZeneca (NASDAQ: AZN) and GSK (NYSE: GSK). For this reason, do you think NVDA stock is worth buying right now?

best software stocks (NVDA stock)Source: TD Ameritrade CGU

[Read More] 4 artificial intelligence stocks to watch right now

Alibaba Group Holding Limited

Alibaba is one of the largest technology companies in China, specializing in e-commerce and technology. Its e-commerce platform is used by millions of people around the world as it enables businesses to transform the way they market and operate. Besides its e-commerce platform, the company also provides cloud computing and digital media services. BABA stock is currently trading at $ 212.10 at Friday’s close.

In June, the company announced that Cainiao, its logistics arm, and the Hainan government had entered into a strategic partnership to develop the Hainan Global Smart Supply Chain Pilot Zone. In detail, the partnership would eventually establish a complete intelligent logistics infrastructure on the main and peripheral islands of Hainan to attract duty-free merchants. It will also launch a smart service center for traders in the free trade port. Cainiao will engage technology resources and expertise to develop an intelligent services platform comprising a logistics and supply chain management system and a digital customs platform. With such exciting developments around Alibaba, will you be investing in BABA stocks?

NYSE BABASource: TD Ameritrade CGU

[Read More] Up and coming stocks to buy now? 3 retail actions in focus

Autodesk Inc.

Autodesk is a software company that makes breakthrough software and products. In short, its software is used by designers and engineers in a large number of industries. From construction to automobiles and smartphones, professionals have likely used Autodesk software to create the products we love today. ADSK shares closed Friday’s trading session at $ 293.33 per share.

At the end of May, the company released its first quarter financial results for fiscal 2022. The company reported total revenue of $ 989 million there, up 12% year-over-year. Autodesk also reported diluted GAAP earnings per share of $ 0.70 for the quarter. He says this strong start to the new fiscal year is the result of an acceleration in new business and a resilient subscription business model. Given the momentum, the company said it had raised its revenue forecast for fiscal 22 to reflect a partial annual contribution from acquisitions. All things considered, will you buy ADSK shares?

software stocks (ADSK stock)Source: TD Ameritrade CGU

[Read More] The Best Lithium Battery Stocks To Buy Now? 4 To know

Okta Inc.

Finally, let’s take a look at Okta Inc. In short, the California-based cybersecurity company primarily provides access management services to organizations. With Okta’s cloud software, businesses can manage and secure their applications through a digital infrastructure focused on user authentication. Additionally, Okta also allows developers to build identity control software directly into their respective business ecosystems. Now, OKTA stock is trading at $ 235.67 a share at Friday’s close. With Okta being an important name among cybersecurity actions now would it be wise to keep an eye on it?

Well, Goldman Sachs (NYSE: GS) analyst Brian Essex seems to believe so. Earlier this week, the analyst hit OKTA stock with a buy rating and a price target of $ 312. This would indicate a potential rise of 30% from its aforementioned price. Namely, Essex argues that Okta is expected to benefit from growing cloud adoption and digital acceleration trends going forward. On top of that, he also believes Okta holds a leading position in the cloud-based access management software market. Overall, as Okta benefits from headwinds in the cybersecurity industry, OKTA’s stock may have more room for growth. Would you say the same?

NASDAQ OKTASource: TD Ameritrade CGU

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Clari secures Workday as a strategic investor and partner https://quickenaccountingsolution.com/clari-secures-workday-as-a-strategic-investor-and-partner/ https://quickenaccountingsolution.com/clari-secures-workday-as-a-strategic-investor-and-partner/#respond Thu, 15 Jul 2021 15:47:00 +0000 https://quickenaccountingsolution.com/clari-secures-workday-as-a-strategic-investor-and-partner/ SUNNYVALE, California, July 15, 2021 / PRNewswire / – Clari, the leader in Revenue Operations, today announced that it has received a strategic investment from Business of the working day as an extension of its Series E investment cycle, and will join the Workday software partner program. Workday joins other Series E investors including Silver […]]]>

SUNNYVALE, California, July 15, 2021 / PRNewswire / – Clari, the leader in Revenue Operations, today announced that it has received a strategic investment from Business of the working day as an extension of its Series E investment cycle, and will join the Workday software partner program. Workday joins other Series E investors including Silver Lake Partners, B Capital Group, Sequoia Capital, Bain Capital Ventures, Sapphire Ventures, Madrona Ventures, Thomvest and Tenaya Capital.

“As a leader in revenue operations, Clari offers the transparency and thoroughness needed to generate breakthrough financial results,” said Alyssa Filter, CFO, Clari. “Workday Ventures ‘investment and our partnership with Workday will accelerate our ability to help transform businesses’ business operations to be more connected, efficient and predictable. “

Clari also announced her membership in the Workday Software Partner Program. The partnership will integrate Clari’s AI-based forecasting information with Adaptive workday planningfinancial planning and reporting workflows, providing businesses with greater predictability and visibility into future results. Workday selected Clari in 2019 to gain greater visibility and insight into its transaction pipeline execution and overall forecast.

“Businesses are facing increased pressure to generate predictable growth,” said Mark Peek, Managing Director and Head of Workday Ventures. “Workday and Clari will explore ways to combine forecasting and pipeline information with financial reporting systems to provide real-time business performance data to CFOs, increasing transparency and control.

About Clari

Clari’s revenue exploitation platform improves efficiency, predictability and growth across the entire revenue process. Clari gives sales teams full visibility into their business, to drive process rigor, spot risks and opportunities in the pipeline, increase forecasting accuracy and improve overall efficiency. Thousands of sales, marketing and customer success teams at leading companies including Okta, Adobe, Zoom, and Finastra use Clari runtime insights to make their revenue process more connected, efficient and predictable . Visit us at clari.com and follow us @clari on LinkedIn.

About Workday Ventures

Business of the working day is the strategic investment arm of Workday, Inc., focused on accelerating the growth of emerging enterprise software companies that enhance the Workday customer experience and are complementary to Workday products and services. the $ 250 million fund was launched in February 2018 with investments in areas such as employee engagement and talent acquisition, robotic process integration and automation, strategic sourcing and expense analysis, and financial management.

SOURCE Clari

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McLeod Health to Deploy Tecsys End-to-End Supply Chain Execution Solution Across Hospital System https://quickenaccountingsolution.com/mcleod-health-to-deploy-tecsys-end-to-end-supply-chain-execution-solution-across-hospital-system/ https://quickenaccountingsolution.com/mcleod-health-to-deploy-tecsys-end-to-end-supply-chain-execution-solution-across-hospital-system/#respond Wed, 14 Jul 2021 13:13:39 +0000 https://quickenaccountingsolution.com/mcleod-health-to-deploy-tecsys-end-to-end-supply-chain-execution-solution-across-hospital-system/ Caroline from the southThe hospital-based hospital system is investing in Tecsys Elite ™ Healthcare to create a modern supply chain environment that builds on the successes of its consolidated service center in operation since 2017. MONTREAL, July 14, 2021 / CNW / – Tecsys Inc. (TSX: TCS), a leading supply chain management software company, is […]]]>

Caroline from the southThe hospital-based hospital system is investing in Tecsys Elite ™ Healthcare to create a modern supply chain environment that builds on the successes of its consolidated service center in operation since 2017.

MONTREAL, July 14, 2021 / CNW / – Tecsys Inc. (TSX: TCS), a leading supply chain management software company, is pleased to announce that McLeod Health will implement the execution platform for the Tecsys’ SaaS-based Elite ™ Healthcare supply chain across its entire hospital system to automate and optimize hospital inventory and replenishment management from clinical areas to point-of-use, including operating rooms and catheterization laboratories. This Tecsys solution will complement the existing consolidated service center of the healthcare system which already uses Tecsys software.

Based in South Carolina, McLeod Health is a nonprofit local health care system comprised of seven hospitals and several outpatient care facilities, spanning from Midlands to the coast along the northern border and Caroline from the south. McLeod Health has important strategic goals that rely on data to make decisions. With this investment, McLeod Health will be able to leverage end-to-end supply chain data to streamline supply chain operations, from planning and receiving to consumption and replenishment, creating a flexible ecosystem that can grow and develop with the organization.

“We have achieved significant savings through our consolidated service center by optimizing back office operations, and we look forward to extending these Tecsys benefits to our hospital network to build on these successes,” said Carmen winfield, vice president of procurement at McLeod Health. “With Tecsys in our clinical areas, our organization will have access to more accurate usage data and analysis. This helps us be more efficient and better positioned to make strategic supply chain decisions that maintain our standards of excellence while maximizing inventory availability and controlling costs. ”

The Tecsys solution will be deployed at all hospital sites to automate the capture of supply consumption, optimize intra-network logistics and streamline case management. This supply chain transformation project improves business intelligence to compare cost per procedure and variance of product use, more efficient documentation of consumption cases with automated tracking and traceability for regulatory compliance and more reliable inventory availability through the use of RFID intelligent inventory management. Nursing and intervention areas (operating theaters, cath labs and interventional radiology rooms) will be equipped with technology designed for clinically integrated workflows in each area; these technologies include a combination of activation software, RFID and barcode technology, mobile devices and integrated user interfaces. This comprehensive deployment will provide exceptional visibility across the healthcare system while eliminating manual redundancies often assumed by clinical staff.

“The healthcare supply chain is an often under-exploited area for both revenue capture and cost containment, and McLeod Health has made some very smart investments in the supply chain to address both. sides of this equation while remaining highly focused on patient and quality outcomes, ”says Bill King, Director of Revenue at Tecsys. “Tecsys brings centralized and complete control to the healthcare supply chain, and we are delighted that McLeod Health has chosen our team to deliver on this promise. “

Stay up to date with the latest news from Tecsys on LinkedIn, Twitter and Facebook.

About McLeod Health

Founded in 1906, McLeod Health has a prominent regional presence in Northeastern South Carolina and Southeastern North Carolina McLeod Health. The healthcare system is supported by the strength of about 850 members of its medical staff and more than 2,700 registered nurses. McLeod Health also has approximately 8,900 employees and more than 90 medical offices in its 18-county service area. With seven hospitals, McLeod Health operates three health and fitness centers, an outpatient sports medicine and rehabilitation center, a hospice and home health services. McLeod Health hospitals include: McLeod Regional Medical Center, McLeod Health Dillon, McLeod Health Loris, McLeod Health Seacoast, McLeod Health Cheraw, McLeod Health Clarendon, and McLeod Behavioral Health. On the coast, the McLeod Health Carolina Forest complex opened an emergency department and the first two of the seven office buildings in the medical park as an extension of the McLeod Loris Seacoast hospital.

About Tecsys

Tecsys is a global provider of supply chain solutions that enable borderless businesses to grow. Organizations thrive when they have the software, technology and expertise to generate operational greatness and deliver on their brand promise. Covering the healthcare, retail, aftermarket, third-party logistics and high volume general distribution industries, Tecsys provides dynamic and powerful solutions for warehouse management, distribution management and from transportation, point-of-use supply management, retail order management, as well as complete financial management and analytics solutions. Tecsys shares are listed on the Toronto Stock Exchange under the symbol TCS. For more information on Tecsys, visit www.tecsys.com.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/mcleod-health-to-roll-out-tecsys-end-to-end-supply-chain-execution-solution-across-hospital-system-301333286.html

SOURCE Tecsys Inc.

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