Cash flow stories - Page 11

Australia's SMEs foresee a drop in turnover by year-end, while Prospa and Xero partner to ease financial administrative tasks for these businesses.

GoCardless and Intuit QuickBooks launch an integration for Australian SMBs to enable automatic collection and reconciliation of payments.

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

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.

Amidst surging inflation in Australia, manufacturers can use real-time data and ERP systems to shape fluid, effective business strategies.

Aeeris, a leading risk assessment company, demonstrated solid financials in Q2 FY24, highlighting a $2.25m cash reserve, no debt, and rising revenue from new and recurring sources, largely led by its Hail product suite.

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.

RSM Australia study reveals a bolstering confidence in growth prospects for the country's agtech sector despite challenges.

Inflation leads to Australian firms postponing tech investments as 90% grapple with deteriorating cash flows, says Endava study.

Renowned Scottish fintech firm, Know-it, announces expansion to Australia to join its thriving fintech sector.

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%.

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

Currencycloud has partnered with xpate, the eCommerce payments platform and business bank, to expand market opportunities for customers.

Australian small businesses are resorting to personal savings or increasing prices to cope with rising costs, says a report from Xero.

While the other end of town enjoys regular pay cycles and pontificates about bonus structures, small businesses simply need to be paid on time.